Bridge Marina Yacht Club Inc
- Assets
- $89.3k
- Revenue
- $154.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Antioch, CA
- Founding
- 07/1965
- Data as of
- 10/2019
- EIN
- 94-1528748
Organization Overview
Bridge Marina Yacht Club Inc is located in Antioch, CA. The organization was established in 1965. 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 10/2019, Bridge Marina Yacht Club Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Marina 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 10/2019, Bridge Marina Yacht Club Inc generated $154.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $118.1k during the year ending 10/2019. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 5 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
SOCIAL CLUB THAT PROVIDES SOCIAL ACTIVITIES FOR THE MEMBERSHIP. ACTIVITIES INCLUDED ARE DINNERS, PARTIES AT THEIR CLUB HOUSE AND CRUISES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SOCIAL ACTIVITIES FOR THE MEMBERSHIP. ACTIVITIES INCLUDED DINNERS AND PARTIES AT THEIR CLUB HOUSE ON THE WATERFRONT, AND CRUISES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlie Holt Commodore | Officer | 15 | $0 |
Dorothy Smith Secretary | Officer | 10 | $0 |
Jim Azeltine Staff Commodore | Officer | 10 | $0 |
Wrenda Sabino Fleet Captain | Officer | 10 | $0 |
Joe Esposito Port Captain | Officer | 10 | $0 |
Diane Azeltine Director | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,643 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $154,335 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $17,991 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,130 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,156 |
| 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 | $1,003 |
| Insurance | $13,413 |
| All other expenses | $0 |
| Total functional expenses | $118,091 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,839 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,868 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,919 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $89,320 |
| Accounts payable and accrued expenses | $2,298 |
| 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 | $10,897 |
| Total liabilities | $13,195 |
| Net assets without donor restrictions | $76,125 |
| 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 |
| Total liabilities and net assets/fund balances | $76,125 |
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