Chicago Yachting Association
- Assets
- $19.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Skokie, IL
- Founding
- Data as of
- 12/2018
- EIN
- 90-1186982
Organization Overview
Chicago Yachting Association is located in Skokie, IL. Chicago Yachting Association 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, Chicago Yachting Association generated $45.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $43.6k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 3 years. 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
THE ORGANIZATION HOLDS VARIOUS SOCIAL EVENTS TO PROMOTE GOODWILL AND FOSTER RELATIONSHIPS AMOUNG THE MEMBERS OF THE ORGANIZATION ADDITIONALLY ATTEMPTING TO ADD NEW MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Smith Commodore | 10 | $0 | |
Douglas A James Vice Commodore | 4 | $0 | |
James Caldwell Treasurer | 6 | $0 | |
Randall Schmidt Secretary | 5 | $0 | |
Larue Watson Rear Commodore | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,896 |
| Total Program Service Revenue | $17,151 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,047 |
| 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 | $300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $463 |
| Other expenses | $42,818 |
| Total expenses | $43,581 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,473 |
| Other assets | $0 |
| Total assets | $19,473 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,473 |
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