Ketchikan Yacht Club
- Assets
- $284.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ketchikan, AK
- Founding
- 12/1976
- Data as of
- 12/2023
- EIN
- 92-0059187
Organization Overview
Ketchikan Yacht Club is located in Ketchikan, AK. The organization was established in 1976. 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. Ketchikan Yacht Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Ketchikan Yacht Club generated $106.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $64.8k during the year ending 12/2023. While expenses have increased by 0.2% per year over the past 9 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE SEAMENSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Duran Director | 10 | $0 | |
Judith Mcquerry Director | 10 | $0 | |
Steve Rydeen Director | 10 | $0 | |
William Tatsuda President | 10 | $0 | |
Tyler Towers Vice President | 10 | $0 | |
Jena Arntzen Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,494 |
| Total Program Service Revenue | $0 |
| Membership dues | $14,566 |
| Investment income | $1,012 |
| Gain or Loss | $38,749 |
| Net Income from Gaming & Fundraising | $3,616 |
| Other Revenue | $45,559 |
| Total Revenue | $106,944 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $9,599 |
| Printing, publications, postage, and shipping | $2,914 |
| Other expenses | $51,835 |
| Total expenses | $64,848 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $269,629 |
| Other assets | $0 |
| Total assets | $284,513 |
| Total liabilities | $0 |
| Net assets or fund balances | $284,513 |