Charlotte Harbor Yacht Club Inc

Organization Overview

Charlotte Harbor Yacht Club Inc is located in Port Charlotte, FL. The organization was established in 1974. 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 12/2020, Charlotte Harbor Yacht Club Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charlotte Harbor 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 12/2020, Charlotte Harbor Yacht Club Inc generated $668.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $767.5k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE SOCIAL ACTIVITIES FOR BOATERS AND NONBOATERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

FINE DINING FOOD AND BEVERAGE SERVICES FOR A MEMBERSHIP OF 222


FUEL AND DOCKAGE SERVICES FOR BOAT-OWNING MEMBERS


TO PROMOTE SOCIAL ACTIVITIES SUCH AS CRUISES, THEME PARTIES, MAJ JONGG AND BRIDGE


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Board, Officers & Key Employees

Name (title)Compensation
Martin Holland
Commodore
$0
Thomas Geisler
Rear Commodo
$0
Maryann Letteri
Fleet Captai
$0
Jeri Fine Schaller
Secretary
$0
John Macdonald
Vice Commodo
$0
John Whaley
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$601,459
Investment income $1,201
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 $65,496
Miscellaneous Revenue$0
Total Revenue $668,156

Peer Organizations

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