Beaver Park Yacht Club
- Assets
- $83.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lorain, OH
- Founding
- 09/1996
- Data as of
- 12/2023
- EIN
- 34-1017268
Organization Overview
Beaver Park Yacht Club is located in Lorain, OH. The organization was established in 1996. 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. Beaver Park 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 12/2023, Beaver Park Yacht Club generated $100.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $73.3k during the year ending 12/2023. 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
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Ann Kastl Board Member | 5 | $0 | |
Bruce Tepper Commodore | 5 | $0 | |
Lynn Cambarare Treasurer | 10 | $0 | |
Dave Karpinski Chairman Of The Board | 5 | $0 | |
Margo Pazos Board Member | 5 | $0 | |
Jack Baumler Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,341 |
| Total Program Service Revenue | $0 |
| Membership dues | $51,458 |
| Investment income | $648 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,342 |
| Other Revenue | $4,781 |
| Total Revenue | $100,948 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,071 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,250 |
| Occupancy, rent, utilities, and maintenance | $49,748 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,258 |
| Total expenses | $73,327 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,585 |
| Other assets | $0 |
| Total assets | $83,318 |
| Total liabilities | $1,627 |
| Net assets or fund balances | $81,691 |