Atlantis Yacht Club

Organization Overview

Atlantis Yacht Club is located in Monmouth Beach, NJ. The organization was established in 1974. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Atlantis Yacht Club employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlantis Yacht Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 12/2021, Atlantis Yacht Club generated $383.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $391.3k during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE MARINE SERVICES TO ITS MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

ATLANTIS YACHT CLUB PROVIDES SERVICES AND USAGE OF THE YACHT CLUB FOR ITS MEMBERS THROUGH MEMBERSHIP DUES AND ASSESSMENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Jeff Price
Commodore
$0
Janet Cohen
Treasurer
$0
Nick Napolitano
Vice Commodore
$0
Jeff Kaye
Rear Commodore
$0
Alan Cohen
Fleet Captial
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$381,992
Investment income $91
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $782
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $194
Miscellaneous Revenue$0
Total Revenue $383,059

Peer Organizations

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