White Bear Yacht Club

Organization Overview

White Bear Yacht Club is located in White Bear Lake, MN. The organization was established in 2003. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, White Bear Yacht Club employed 196 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. White Bear 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 12/2021, White Bear Yacht Club generated $6.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 50.1% each year . All expenses for the organization totaled $5.2m during the year ending 12/2021. While expenses have increased by 39.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION PROVIDES SOCIAL AND RECREATIONAL ACTIVITIES IN ACCORDANCE WITH ITS EXEMPT PURPOSE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES SOCIAL AND RECREATIONAL ACTIVITIES IN ACCORDANCE WITH ITS EXEMPT PURPOSE.


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Board, Officers & Key Employees

Name (title)Compensation
Christopher Nathlich
Gm/director
$199,501
John Steiner
Director Of
$117,892
Karen Haider
Controller
$101,126
Eric Hawkins
Commodore
$0
Michael Kelly
Vice Commodo
$0
Jeanine Jesmer
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $426,998
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$426,998
Total Program Service Revenue$5,276,244
Investment income $9,015
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,150,777
Miscellaneous Revenue$0
Total Revenue $6,893,042

Peer Organizations

Organization NameAssets
Edina Country Club
Edina, MN
$7,831,351
Wayzata Country Club
Wayzata, MN
$10,501,613
Oak Ridge Country Club
Hopkins, MN
$8,175,238
The Summit League Inc
Sioux Falls, SD
$5,663,074
Minnehaha Country Club
Sioux Falls, SD
$7,335,530
Wakonda Club
Des Moines, IA
$6,317,346
Lake Panorama Association
Panora, IA
$6,436,840
Rochester Golf & Country Club
Rochester, MN
$5,719,819
Hyperion Field Club
Johnston, IA
$5,789,094
Cedar Rapids Country Club
Cedar Rapids, IA
$6,818,996
Westmoor Country Club
Brookfield, WI
$6,849,120
Crow Valley Golf Club
Davenport, IA
$5,702,774

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