Aransas Pass Yacht Club
- Assets
- $170.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Aransas Pass, TX
- Founding
- 03/2004
- Data as of
- 12/2021
- EIN
- 56-2342362
Organization Overview
Aransas Pass Yacht Club is located in Aransas Pass, TX. The organization was established in 2004. 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. Aransas Pass 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, Aransas Pass Yacht Club generated $45.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $44.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 7 years. 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
THE ARANSAS PASS YACHT CLUB (APYC) HELD 50 SOCIAL GATHERINGS WHERE MEMBERS HAD AN OPPORTUNITY TO ENJOY THE CAMARADERIE OF OTHER MEMBERS. THE ARANSAS PASS YACHT CLUB (APYC) SPONSORED THE ANNUAL LIGHTED BOAT PARADE IN DECEMBER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jimmie Peer Board Member | 1 | $0 | |
Sandy Seburn Board Member | 1 | $0 | |
Rick Stockton Rear Commodore | 4 | $0 | |
Vicki Wilkerson Board Member | 1 | $0 | |
Lynn Hargrove Board Member | 1 | $0 | |
Barbara Abatello Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $26,553 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $19,187 |
| Total Revenue | $45,740 |
| 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 | $2,475 |
| Occupancy, rent, utilities, and maintenance | $30,926 |
| Printing, publications, postage, and shipping | $613 |
| Other expenses | $10,598 |
| Total expenses | $44,612 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,671 |
| Other assets | $0 |
| Total assets | $170,004 |
| Total liabilities | $1,830 |
| Net assets or fund balances | $168,174 |
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