Wingaersheek Yacht Club Inc
- Assets
- $320.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gloucester, MA
- Founding
- 01/2014
- Data as of
- 12/2023
- EIN
- 30-0606508
Organization Overview
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 12/2023, Wingaersheek Yacht Club Inc generated $9.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 55.9% each year . All expenses for the organization totaled $12.8k during the year ending 12/2023. While expenses have increased by 22.5% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TEACH TENNIS AND PICKLEBALL TO COMMUNITY CHILDREN AND FAMILIES, AND PARTICIPATE IN TOURNAMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Mccarthy President And Clerk | 1 | $0 | |
John Soehle Treasurer | 1 | $0 | |
Steven Mccarthy Director | 1 | $0 | |
George Surabian Director | 1 | $0 | |
Joan Muros Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,500 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,838 |
| Other Revenue | $0 |
| Total Revenue | $9,338 |
| 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 | $12,766 |
| Total expenses | $12,766 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,757 |
| Other assets | $0 |
| Total assets | $320,877 |
| Total liabilities | $0 |
| Net assets or fund balances | $320,877 |