Navy Yacht Club-Longbeach
- Assets
- $57.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Long Beach, CA
- Founding
- 12/1973
- Data as of
- 12/2021
- EIN
- 23-7273329
Organization Overview
Navy Yacht Club-Longbeach is located in Long Beach, CA. 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. Navy Yacht Club-Longbeach 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, Navy Yacht Club-Longbeach generated $79.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $84.1k during the year ending 12/2021. While expenses have increased by 8.5% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherrill Overfield Treasurer | 0 | $0 | |
Rodney Coomber Commodore | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $28,995 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,965 |
| Other Revenue | $41,151 |
| Total Revenue | $79,119 |
| 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 | $20,296 |
| Printing, publications, postage, and shipping | $4,141 |
| Other expenses | $59,622 |
| Total expenses | $84,059 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,343 |
| Other assets | $0 |
| Total assets | $57,343 |
| Total liabilities | $10,440 |
| Net assets or fund balances | $46,903 |
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