Anglers Yacht Club Inc

Organization Overview

Anglers Yacht Club Inc is located in New Smyrna Beach, FL. The organization was established in 1975. 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. Anglers 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, Anglers Yacht Club Inc generated $265.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $281.4k during the year ending 12/2021. While expenses have increased by 5.6% 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 OBJECTS OF THIS CORPORATION SHALL BE TO ENCOURAGE YACHTING AND MOTOR BOATING; ASSIST MEMBERS IN BECOMING PROFICIENT IN THE SCIENCE OF NAVIGATION AND THE OPERATION OF POWER BOATS; PROMOTE GAME AND SPORTS FISHING IN BOTH FRESH AND SALT WATER; FURNISH RECREATION AND AMUSEMENT FOR ITS MEMBERS AND THEIR GUESTS; AND PROMOTE GOOD WILL AND GOOD FELLOWSHIP.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ENCOURAGE BOATING; GAME AND SPORTS FISHING; FURNISH RECREATION AND AMUSEMENT FOR ITS MEMBERS AND GUESTS.


ENCOURAGE BOATING; GAME AND SPORTS FISHING; FURNISH RECREATION AND AMUSEMENT FOR ITS MEMBERS AND GUESTS.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Wallace Kelley
Vice Commodo
$0
Randy Mayo
Commodore
$0
Cecil Selman
Rear Commodo
$0
Jimmy Pearsall
Treasurer
$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$265,723
Investment income $0
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 $265,723

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