Harbour Village Yacht Club Inc

Organization Overview

Harbour Village Yacht Club Inc is located in Hampstead, NC. The organization was established in 1990. 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. Harbour Village 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 12/2022, Harbour Village Yacht Club Inc generated $132.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $117.4k during the year ending 12/2022. While expenses have increased by 14.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

COLLECTION OF MEMBER DUES FOR THE MAINTENANCE OF CLUB FACILITIES FOR THE SOCIAL BENEFIT OF THE CLUB'S MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COLLECTION OF MEMBER DUES FOR THE MAINTENANCE OF CLUB FACILITIES FOR THE SOCIAL BENEFIT OF THE CLUB'S MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Greg Leighton
Commodore
$0
Bob Gestner
Vice Commodore
$0
Dale Olmstead
Rear Commodore
$0
Jane Lewis
Treasurer
$0
Frank Gugino
Secretary
$0
John Williams
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$126,000
Investment income $27
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 $0
Miscellaneous Revenue$0
Total Revenue $132,640

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