Triangle Yacht Club Inc
- Assets
- $28.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greenport, NY
- Founding
- 02/1973
- Data as of
- 12/2023
- EIN
- 23-7219920
Organization Overview
Triangle Yacht Club Inc is located in Greenport, NY. The organization was established in 1973. 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. Triangle 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 12/2023, Triangle Yacht Club Inc generated $38.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $34.2k during the year ending 12/2023. While expenses have increased by 1.9% per year over the past 5 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO FOSTER FRATERNAL AND SOCIAL ACTIVITIES AMONG CLUB MEMBERS SHARING A COMMON INTEREST IN BOATING. REVENUES ARE GENERATED THROUGH MEMBER DUES AND SALES OF BEVERAGES TO CLUB MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Klinge Commodore | 15 | $0 | |
Gary Harte Treasurer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $8,695 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,124 |
| 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 | $626 |
| Occupancy, rent, utilities, and maintenance | $30,724 |
| Printing, publications, postage, and shipping | $96 |
| Other expenses | $2,791 |
| Total expenses | $34,237 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,827 |
| Other assets | $0 |
| Total assets | $28,827 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,827 |