Shore Haven Yacht Club Inc
- Assets
- $111.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Toms River, NJ
- Founding
- 09/1990
- Data as of
- 12/2021
- EIN
- 22-2803126
Organization Overview
Shore Haven Yacht Club Inc is located in Toms River, NJ. The organization was established in 1990. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shore Haven Yacht Club Inc 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, Shore Haven Yacht Club Inc generated $132.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $145.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ALL EXPENSES RELATE TO THE MAINTENANCE AND THE REPAIR OF THE SOCIAL AND RECREATIONAL FACILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Forsatz Director | 0 | $0 | |
Ray Witkowski Director | 0 | $0 | |
Randall Berman Secretary | 0 | $0 | |
Lou Segarra President | 0 | $0 | |
Joel Gardner Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $132,010 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $875 |
| Total Revenue | $132,913 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,102 |
| Professional fees and other payments to independent contractors | $475 |
| Occupancy, rent, utilities, and maintenance | $25,587 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $77,856 |
| Total expenses | $145,020 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,436 |
| Other assets | $0 |
| Total assets | $111,607 |
| Total liabilities | $0 |
| Net assets or fund balances | $111,607 |
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