Clark Lake Yacht Club
- Assets
- $170.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, MI
- Founding
- 01/1958
- Data as of
- 12/2023
- EIN
- 38-6079628
Organization Overview
Clark Lake Yacht Club is located in Jackson, MI. The organization was established in 1958. 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. Clark Lake 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, Clark Lake Yacht Club generated $105.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $56.5k during the year ending 12/2023. While expenses have increased by 3.2% 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTION OF THE SPORT OF SAILING AND BOATING; TEACHING WATER SAFETY; AND, PROMOTION OF SOCIAL INTERACTION AMONG CLUB MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Rosenbeck Commodore | 0 | $0 | |
Pat Oharris Vice Commodore | 0 | $0 | |
Bruce Chipman Rear Commodore | 0 | $0 | |
Leanne Barger Treasurer | 0 | $0 | |
Ann Oharris Club House | 0 | $0 | |
Tony Winnie Docks And Mooring | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $48,025 |
| Investment income | $866 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $56,624 |
| Total Revenue | $105,515 |
| 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 | $350 |
| Occupancy, rent, utilities, and maintenance | $31,376 |
| Printing, publications, postage, and shipping | $299 |
| Other expenses | $24,505 |
| Total expenses | $56,530 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,744 |
| Other assets | $0 |
| Total assets | $170,662 |
| Total liabilities | $0 |
| Net assets or fund balances | $170,662 |