Tyee Yacht Club
- Assets
- $1.0m
- Revenue
- $456.9k
- Investments
- $0.0
- Employees
- 10
- Location
- Portland, OR
- Founding
- 12/1973
- Data as of
- 12/2022
- EIN
- 93-0451732
Organization Overview
Tyee Yacht Club is located in Portland, OR. The organization was established in 1973. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Tyee Yacht Club employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tyee 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 12/2022, Tyee Yacht Club generated $456.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $347.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A RECREATIONAL BOATING CLUB THAT PROMOTES AND ENHANCES THE PLEASURE, RECREATION AND SOCIAL ACTIVITIES OF ITS MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS A RECREATIONAL BOATING CLUB THAT PROMOTES AND ENHANCES THE PLEASURE, RECREATION, AND SOCIAL ACTIVITIES OF ITS MEMBERS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Ptolemy Howard Commodore | Officer | 0 | $0 |
Colleen Wilson Vice Commodore | Officer | 0 | $0 |
Robert Curb Treasurer | Officer | 0 | $0 |
Kathryn Ring Secretary | Officer | 0 | $0 |
Cathy Brunscheon Port Captain | Officer | 0 | $0 |
Joy Brown Member At Large | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $22,050 |
| Fundraising events | $25,778 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $45,338 |
| Noncash contributions included in lines 1a–1f | $32,338 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,166 |
| Total Program Service Revenue | $335,058 |
| Investment income | $31 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,960 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$35,663 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $6,830 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $456,913 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,106 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,256 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,813 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,446 |
| Advertising and promotion | $0 |
| Office expenses | $8,150 |
| Information technology | $759 |
| Royalties | $1,370 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,594 |
| Insurance | $60,406 |
| All other expenses | $0 |
| Total functional expenses | $347,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,767 |
| Savings and temporary cash investments | $305,628 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $79,885 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $34,695 |
| Net Land, buildings, and equipment | $463,934 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $49,224 |
| Total assets | $1,041,133 |
| Accounts payable and accrued expenses | $8,139 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $36,150 |
| Total liabilities | $44,289 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $996,844 |
| Total liabilities and net assets/fund balances | $1,041,133 |