Glen Lake Yacht Club
- Assets
- $179.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glen Arbor, MI
- Founding
- Data as of
- 12/2022
- EIN
- 38-1558430
Organization Overview
Glen Lake Yacht Club is located in Glen Arbor, MI.
For the year ending 12/2022, Glen Lake Yacht Club generated $127.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $109.6k during the year ending 12/2022. While expenses have increased by 0.2% 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
2022
Describe the Organization's Program Activity:
Part 3
YOUTH SAILING AND TENNIS PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Carr Director | 1 | $0 | |
Ania Spitzner Director | 1 | $0 | |
Bob Ihme Director | 1 | $0 | |
Chris Pierce Rear Commadore- Vice President | 2 | $0 | |
Jeff Brandt Treasurer | 2 | $0 | |
Katy Wiesen Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $27,727 |
| Membership dues | $95,010 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,493 |
| Total Revenue | $127,313 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,066 |
| Professional fees and other payments to independent contractors | $12,220 |
| Occupancy, rent, utilities, and maintenance | $11,784 |
| Printing, publications, postage, and shipping | $88 |
| Other expenses | $51,432 |
| Total expenses | $109,590 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,097 |
| Other assets | $0 |
| Total assets | $179,853 |
| Total liabilities | $2,307 |
| Net assets or fund balances | $177,546 |