St Regis Yacht Club Inc
- Assets
- $52.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sunderland, VT
- Founding
- Data as of
- 12/2022
- EIN
- 84-2627867
Organization Overview
St Regis Yacht Club Inc is located in Sunderland, VT. 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. St Regis 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, St Regis Yacht Club Inc generated $31.6k 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 (11.8%) each year. All expenses for the organization totaled $29.4k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION WAS FORMED FOR THE PURPOSE OF PROMOTING INTEREST IN SAILING AND OTHER BOAT USE ON THE ST. REGIS LAKES IN FRANKLIN COUNTY, NEW YORK. THE ORGANIZATION CONDUCTS BOAT RACES TO FOSTER INTEREST IN THE SPORT. FINANCIAL SUPPORT FOR THE ORGANIZATION IS PROVIDED THROUGH MEMBERSHIP DUES AND AN ANNUAL TEA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Garrett Schniewind Commodore | 1 | $0 | |
John Thain Vice Commodore | 1 | $0 | |
Lawrie Bird Rear Commodore | 1 | $0 | |
Lorrain Mcginn Secretary | 1 | $0 | |
Gillian Munson Treasurer | 1 | $0 | |
John Allen Judge | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $31,591 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,591 |
| 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 | $1,070 |
| Occupancy, rent, utilities, and maintenance | $1,006 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,327 |
| Total expenses | $29,403 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,549 |
| Other assets | $0 |
| Total assets | $52,495 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,495 |