Martinez Yacht Club Inc
- Assets
- $161.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Martinez, CA
- Founding
- 06/1978
- Data as of
- 12/2021
- EIN
- 94-2446256
Organization Overview
Martinez Yacht Club Inc is located in Martinez, CA. The organization was established in 1978. 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. Martinez 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 12/2021, Martinez Yacht Club Inc generated $93.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $78.2k during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CLUB IS A SOCIAL CLUB FOR ITS MEMBERS AND PROVIDES A MEANS FOR THE MEMBERS TO MEET AND DISCUSS THEIR COMMON INTERESTS.
Describe the Organization's Program Activity:
Part 3
THE CLUB MAINTAINS A FACILITY FOR MEMBERS TO MEET AND EXPENDS FUNDS TO ACCOMPLISH THE MEMBERS COMMON INTERESTS.
THE CLUB HOLDS EVENTS RELATED TO THE PURPOSE OF THE CLUB TO PROVIDE OPPORTUNITIES FOR MEMBER INTERACTION.
THE CLUB PUBLISHES A NEWSLETTER TO KEEP MEMBERS INFORMED ABOUT ISSUES OF MUTUAL INTEREST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roy Allen Treasurer | 0 | $0 | |
Brent Echols Director | 0 | $0 | |
Kevin Murray Director | 0 | $0 | |
Theresa Shepherd Vice Commodore | 0 | $0 | |
Laura Philpot Staff Commodore | 0 | $0 | |
Cindy Shelby Commodore | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $40,720 |
| Membership dues | $9,240 |
| Investment income | $6,668 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $93,646 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $44,876 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,345 |
| Total expenses | $78,221 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,630 |
| Other assets | $0 |
| Total assets | $161,584 |
| Total liabilities | $5,438 |
| Net assets or fund balances | $156,146 |
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