North Hudson Yacht Club is located in Edgewater, NJ. The organization was established in 1967. 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. North Hudson 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 11/2023, North Hudson Yacht Club generated $3.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (42.8%) each year. All expenses for the organization totaled $22.2k during the year ending 11/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDES SERVICES FOR YACHT CLUB INCLUDING BOATS, DOCKS, LIFTING TO AND FROM WATER AND STORAGE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Sabatini Secretary | 0.5 | $0 | |
Glenn Kenyon Treasurer | 0.5 | $0 | |
Anthony D'agosta Rear Commodore | 0.5 | $0 | |
James Cleveland Fleet Captain | 0.5 | $0 | |
Peter Koulikourdis Recording Secty | 0.5 | $0 | |
James Sauchelli Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $3,047 |
Membership dues | $0 |
Investment income | $6 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $3,053 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $4,250 |
Occupancy, rent, utilities, and maintenance | $2,199 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $15,764 |
Total expenses | $22,213 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $54,062 |
Other assets | $0 |
Total assets | $54,062 |
Total liabilities | $0 |
Net assets or fund balances | $54,062 |