Apostle Islands Yacht Club Inc
- Assets
- $496.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Paul, MN
- Founding
- 09/1972
- Data as of
- 09/2021
- EIN
- 23-7222426
Organization Overview
Apostle Islands Yacht Club Inc is located in Saint Paul, MN. The organization was established in 1972. 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. Apostle Islands 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 09/2021, Apostle Islands Yacht Club Inc generated $75.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $60.9k during the year ending 09/2021. While expenses have increased by 4.3% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
501C-7 MEMBERSHIP DRIVEN ORGANIZATION DEDICATED TO PROMOTING SAILING AND RACING ON LAKE SUPERIOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeri Goodspeed-Gross Facilities | 8 | $0 | |
Renee Corbin Social | 8 | $0 | |
Jill Carey Vice Commadore | 8 | $0 | |
Brian Tjosvold Harbormaster | 8 | $0 | |
Bronte Gross Secratary | 8 | $0 | |
Pete Shelquist Past Commadore | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,500 |
| Total Program Service Revenue | $52,094 |
| Membership dues | $15,998 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,603 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $55,490 |
| Printing, publications, postage, and shipping | $111 |
| Other expenses | $5,338 |
| Total expenses | $60,939 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,182 |
| Other assets | $0 |
| Total assets | $496,939 |
| Total liabilities | $410 |
| Net assets or fund balances | $496,529 |
Peer Organizations
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|---|---|---|
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Woodhill Country Club Wayzata, MN | $12,252,723 | $5,942,697 |
Green Bay Country Club Inc Green Bay, WI | $11,578,714 | $7,130,925 |
Minneapolis Club Inc Minneapolis, MN | $13,677,806 | $3,594,595 |
Spring Hill Golf Club Wayzata, MN | $14,177,799 | $4,336,296 |
Chenequa Country Club Inc Hartland, WI | $8,162,285 | $3,577,706 |
Tuckaway Country Club Inc Franklin, WI | $8,452,752 | $4,849,926 |
Lake Geneva Country Club Fontana, WI | $6,852,229 | $4,168,458 |
West Bend Country Club West Bend, WI | $5,974,564 | $4,364,708 |
Ozaukee Country Club Mequon, WI | $8,942,938 | $4,466,507 |