Lake Havasu Yacht Club
- Assets
- $66.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Havasu City, AZ
- Founding
- 09/1976
- Data as of
- 01/2022
- EIN
- 23-7285423
Organization Overview
Lake Havasu Yacht Club is located in Lake Havasu City, AZ. The organization was established in 1976. 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. Lake Havasu 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 01/2022, Lake Havasu Yacht Club generated $78.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $75.0k during the year ending 01/2022. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
SOCIAL CLUB ACTIVITIES INCLUDING FRIDAY NIGHT DINNERS,SPECIAL HOLIDAY EVENTS,SUNDAY BREAKFASTS,BOATING EVENTS,MYSTERY DINNERS AND MISC FOR APPROXIMATELY 147 MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Camou Treasurer | 20 | $0 | |
Richard Goettelmann Vice Commodore | 20 | $0 | |
Phyllis Lawson Commodore | 20 | $0 | |
Brian Andy Camou Rear Commodore | 20 | $0 | |
Gerry Burchill Secretary | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $51,894 |
| Membership dues | $12,939 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,409 |
| Other Revenue | $0 |
| Total Revenue | $78,244 |
| 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 | $3,600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $136 |
| Other expenses | $70,059 |
| Total expenses | $74,995 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,133 |
| Other assets | $0 |
| Total assets | $65,976 |
| Total liabilities | $6,886 |
| Net assets or fund balances | $59,090 |
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