The Port Washington Yacht Club Inc
- Assets
- $331.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Port Washington, WI
- Founding
- 09/1996
- Data as of
- 12/2021
- EIN
- 39-1441924
Organization Overview
The Port Washington Yacht Club Inc is located in Port Washington, WI. The organization was established in 1996. 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. Port Washington 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, Port Washington Yacht Club Inc generated $81.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $61.6k during the year ending 12/2021. While expenses have increased by 2.9% 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
YACHT CLUB
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greta Schanen Commodore | 5 | $0 | |
Bill Schanen Vice Commodo | 2 | $0 | |
Sara Janacek Secretary | 3 | $0 | |
Chuck Motl Treasurer | 3 | $0 | |
Brian Kendzor Fleer Captai | 3 | $0 | |
Troy Bretl Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $22,836 |
| Membership dues | $49,903 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,283 |
| Other Revenue | $0 |
| Total Revenue | $80,979 |
| 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 | $200 |
| Occupancy, rent, utilities, and maintenance | $14,181 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $47,244 |
| Total expenses | $61,625 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,395 |
| Other assets | $0 |
| Total assets | $331,021 |
| Total liabilities | $121,587 |
| Net assets or fund balances | $209,434 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Port Washington Yacht Club Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Sailing Education Association Of Sheboygan Inc Sheboygan, WI PURPOSE: FINANCIAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Twin Orchard Country Club Long Grove, IL | $7,888,847 | $8,779,508 |
Briarwood Country Club Deerfield, IL | $16,862,462 | $7,936,936 |
Wisconsin Club Inc Milwaukee, WI | $13,631,132 | $7,676,658 |
Milwaukee Country Club River Hills, WI | $13,393,861 | $8,032,632 |
Chicago Club Chicago, IL | $23,297,083 | $6,965,290 |
North Shore Country Club Mequon, WI | $12,385,301 | $7,356,496 |
Woodhill Country Club Wayzata, MN | $12,252,723 | $5,942,697 |
Travis Pointe Country Club Ann Arbor, MI | $3,693,496 | $5,450,943 |
River Forest Country Club Elmhurst, IL | $11,952,693 | $7,876,925 |
Conway Farms Golf Club Inc Lake Forest, IL | $28,236,778 | $8,719,837 |
Chicago Yacht Club Chicago, IL | $8,000,241 | $5,569,403 |
Green Bay Country Club Inc Green Bay, WI | $11,578,714 | $7,130,925 |