Laser Regatta Squadron

Organization Overview

Laser Regatta Squadron, operating under the name Harbor Island Yacht Club, is located in Hermitage, TN. The organization was established in 1974. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, 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. Harbor Island 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 03/2022, Harbor Island Yacht Club generated $189.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $145.6k during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SAILBOAT TRAINING, RACING, CRUISING AND SOCIAL EVENTS FOR SAILORS

Describe the Organization's Program Activity:

Part 3 - Line 4a

SAILING EVENTS - MEMBER RACES AND SOCIAL EVENTS


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$189,362
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$189,362
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $189,362

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