High Bar Harbor Yacht Club Condominium Association Inc

Organization Overview

High Bar Harbor Yacht Club Condominium Association Inc is located in Long Beach Township, 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. As of 12/2021, High Bar Harbor Yacht Club Condominium Association Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. High Bar Harbor Yacht Club Condominium Association 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, High Bar Harbor Yacht Club Condominium Association Inc generated $577.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $548.1k during the year ending 12/2021. While expenses have increased by 2.9% 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

OPERATES SOCIAL CLUB AND BOATING FACILITY FOR MEMBERS OF A PURELY RECREATIONAL AND SOCIAL CONTEXT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HIGH BAR HARBOR YACHT CLUB IS A PRIVATE CONDOMINIUM ASSOCIATION. THE FACILITY HAS 175 SLIPS THAT RANGE FROM 35 TO 60 FEET.


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Board, Officers & Key Employees

Name (title)Compensation
James Frank
President
$0
Jay Keough
Vice President
$0
William Crutchlow
Secretary
$0
James Kikkawa
Treasurer (thru Aug 2021)
$0
David Hall
Treasurer (eff. Aug 2021)
$0
Peter Snieckus
Board Member (eff. Aug 2021)
$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$567,669
Investment income $9,057
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $800
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 $0
Miscellaneous Revenue$0
Total Revenue $577,526

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