T A Yacht Club Inc
- Assets
- $2.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Canyon Lake, TX
- Founding
- 02/1998
- Data as of
- 12/2018
- EIN
- 74-2807471
Organization Overview
T A Yacht Club Inc is located in Canyon Lake, TX. The organization was established in 1998. 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. T A 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 12/2018, T A Yacht Club Inc generated $50.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $58.2k during the year ending 12/2018. 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
2018
Describe the Organization's Program Activity:
Part 3
1 MONTHLY SAILING/POWER REGATTAS BOAT RACES SERVING 190 MEMBERS. TRAINING AND SAFETY SESSIONS ARE HELD QUARTERLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Cooper Secretary | 0 | $0 | |
Robert Marr Vice Commodo | 0 | $0 | |
Jarrod Tubbs Commodore | 0 | $0 | |
Terry A Cleveland Treasurer | 0 | $0 | |
Melanie Marr Social Direc | 0 | $0 | |
Justin Cooper Rear Commodo | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,546 |
| Total Program Service Revenue | $0 |
| Membership dues | $40,494 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,742 |
| Other Revenue | $0 |
| Total Revenue | $50,782 |
| 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 | $6,975 |
| Occupancy, rent, utilities, and maintenance | $26,714 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,550 |
| Total expenses | $58,239 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,847 |
| Other assets | $0 |
| Total assets | $2,847 |
| Total liabilities | $655 |
| Net assets or fund balances | $2,192 |
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