Nagawicka Lake Yacht Club Inc
- Assets
- $228.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Delafield, WI
- Founding
- 05/2003
- Data as of
- 12/2021
- EIN
- 39-1034466
Organization Overview
Nagawicka Lake Yacht Club Inc is located in Delafield, WI. The organization was established in 2003. 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. Nagawicka Lake 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 12/2021, Nagawicka Lake Yacht Club Inc generated $120.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $105.0k during the year ending 12/2021. While expenses have increased by 1.5% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
SAILING INSTRUCTION FOR MEMBERS. AUDLT AND YOUTH MEMBERS BENEFIT FROM THESE INSTRUCITONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Krakow President | 0 | $0 | |
Paul Murphy Vice President | 0 | $0 | |
Sam Monroe Vice President | 0 | $0 | |
Mike Chartre Treasurer | 0 | $0 | |
Nancy Tegeder Director | 0 | $0 | |
Harmut Weiler Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $77,552 |
| Membership dues | $42,719 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $120,271 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $16,467 |
| Professional fees and other payments to independent contractors | $1,250 |
| Occupancy, rent, utilities, and maintenance | $16,161 |
| Printing, publications, postage, and shipping | $835 |
| Other expenses | $70,269 |
| Total expenses | $104,982 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,685 |
| Other assets | $0 |
| Total assets | $228,351 |
| Total liabilities | $5,080 |
| Net assets or fund balances | $223,271 |
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