Pacific Inter-Club Yacht Association
- Assets
- $57.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sausalito, CA
- Founding
- 05/1962
- Data as of
- 12/2021
- EIN
- 94-1615495
Organization Overview
Pacific Inter-Club Yacht Association is located in Sausalito, CA. The organization was established in 1962. 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 the central organization for a national or regional group of organizations. Pacific Inter-Club Yacht Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Pacific Inter-Club Yacht Association generated $42.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $53.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Neumann Rear Commodore | 3 | $0 | |
Colleen Stauss Sectreasurer | 3 | $0 | |
Patti Mangan Commodore | 3 | $0 | |
Joan Marsh Vice Commodore | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $900 |
| Total Program Service Revenue | $3,454 |
| Membership dues | $37,898 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $42,256 |
| 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 | $550 |
| Occupancy, rent, utilities, and maintenance | $3,440 |
| Printing, publications, postage, and shipping | $545 |
| Other expenses | $48,946 |
| Total expenses | $53,481 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,119 |
| Other assets | $0 |
| Total assets | $57,673 |
| Total liabilities | $6,600 |
| Net assets or fund balances | $51,073 |
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