Okoboji Yacht Club

Organization Overview

Okoboji Yacht Club is located in Milford, IA. The organization was established in 1975. 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. Okoboji 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 12/2021, Okoboji Yacht Club generated $59.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $63.3k during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

OKOBOJI YACHT CLUB, INC ACHIEVES GOALS BY CONDUCTING REGATTAS, CLUB RACES, AND SOCIAL FUNCTIONS. THE ORGANIZATION HAS APPROXIMATELY 420 MEMBERSHIPS.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Membership dues$104,050
Investment income $35
Gain or Loss$0
Net Income from Gaming & Fundraising-$45,721
Other Revenue$0
Total Revenue$59,638

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