Grand River Yacht Club
- Assets
- $247.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grand River, OH
- Founding
- 08/1971
- Data as of
- 12/2021
- EIN
- 23-7085993
Organization Overview
Grand River Yacht Club is located in Grand River, OH. The organization was established in 1971. 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. Grand River 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, Grand River Yacht Club generated $79.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $64.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 6 years. 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
DOCK DREDGING, DOCK EXPANSES AND DOCK REPAIR SUITABLE FOR ANCHORAGE FOR THE RECREATON AND USE OF ITS MEMEBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Knapp Vice Commodore | 5 | $0 | |
Paul Mathews Rear Commodore | 8 | $0 | |
Colin Mills Secretary | 12 | $0 | |
Phil Dolsen Commodore | 10 | $0 | |
George Schlauch Fleet Captain | 10 | $0 | |
Wade Malm Jr Treasurer | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $79,507 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,507 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $5,820 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $39,280 |
| Printing, publications, postage, and shipping | $103 |
| Other expenses | $19,315 |
| Total expenses | $64,518 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,683 |
| Other assets | $0 |
| Total assets | $247,398 |
| Total liabilities | $648 |
| Net assets or fund balances | $246,750 |
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