Wingaersheek Yacht Club Inc is located in Gloucester, MA. The organization was established in 2014. 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. Wingaersheek Yacht Club Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Wingaersheek Yacht Club Inc generated $4.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $7.8k during the year ending 12/2022. While expenses have increased by 10.6% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
TEACH TENNIS AND PICKLEBALL TO COMMUNITY CHILDREN AND FAMILIES, AND PARTICIPATE IN TOURNAMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sharon Mccarthy President And Clerk | 1 | $0 | |
George Surabian Director | 1 | $0 | |
Joan Muros Director | 1 | $0 | |
John Soehle Treasurer | 1 | $0 | |
Steven Mccarthy Director | 1 | $0 | |
Emily Surabian Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $3,905 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $312 |
Other Revenue | $0 |
Total Revenue | $4,217 |
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 | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $7,828 |
Total expenses | $7,828 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $18,577 |
Other assets | $0 |
Total assets | $327,697 |
Total liabilities | $3,392 |
Net assets or fund balances | $324,305 |
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