Alpena Yacht Club
- Assets
- $40.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alpena, MI
- Founding
- 12/1967
- Data as of
- 12/2022
- EIN
- 38-1856123
Organization Overview
Alpena Yacht Club is located in Alpena, MI. The organization was established in 1967. 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. Alpena 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 12/2022, Alpena Yacht Club generated $59.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $49.3k during the year ending 12/2022. While expenses have increased by 1.5% 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
PROMOTE BOATING SAFETY, RECREATION AND SOCIAL ACTIVITIES FOR THE CITIZENS OF NORTHEASTERN MICHIGAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Labrecque Treasurer | 2 | $0 | |
Pat Huggler Vice Preside | 2 | $0 | |
Wayne Lewis Commodore | 2 | $0 | |
Mike Orr President | 2 | $0 | |
Elaine Orr Secretary | 2 | $0 | |
Brian Peterson Vice Commodo | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $749 |
| Total Program Service Revenue | $0 |
| Membership dues | $40,036 |
| Investment income | $73 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $18,199 |
| Total Revenue | $59,057 |
| 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 | $3,995 |
| Occupancy, rent, utilities, and maintenance | $14,092 |
| Printing, publications, postage, and shipping | $459 |
| Other expenses | $29,778 |
| Total expenses | $49,324 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,337 |
| Other assets | $0 |
| Total assets | $40,869 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,869 |
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