Cataract Yacht Club Inc
- Assets
- $168.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cloverdale, IN
- Founding
- 05/1991
- Data as of
- 11/2023
- EIN
- 35-1046879
Organization Overview
Cataract Yacht Club Inc is located in Cloverdale, IN. The organization was established in 1991. 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. Cataract Yacht Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 11/2023, Cataract Yacht Club Inc generated $92.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $69.4k during the year ending 11/2023. While expenses have increased by 1.3% per year over the past 6 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
COMMODORES BALL AND BEAN DINNER - COMMUNITY WATER AWARENESS AND BOATING SAFETY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deeanna Duncan Treasurer | 0 | $0 | |
Scott Renner Commodore | 0 | $0 | |
Diana Winings Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,389 |
| Total Program Service Revenue | $0 |
| Membership dues | $22,857 |
| Investment income | $1,416 |
| Gain or Loss | $59,157 |
| Net Income from Gaming & Fundraising | $8,087 |
| Other Revenue | $0 |
| Total Revenue | $92,906 |
| 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 | $2,655 |
| Occupancy, rent, utilities, and maintenance | $65,663 |
| Printing, publications, postage, and shipping | $1,130 |
| Other expenses | $0 |
| Total expenses | $69,448 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,225 |
| Other assets | $0 |
| Total assets | $168,419 |
| Total liabilities | $6,300 |
| Net assets or fund balances | $162,119 |