Peninsula Yacht Club
- Assets
- $9.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Mateo, CA
- Founding
- 09/1970
- Data as of
- 12/2021
- EIN
- 94-6207613
Organization Overview
Peninsula Yacht Club is located in San Mateo, CA. The organization was established in 1970. 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. Peninsula 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 12/2021, Peninsula Yacht Club generated $1.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (38.7%) each year. All expenses for the organization totaled $1.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (35.2%) per year over the past 7 years. 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
PROMOTE BOATING AND COMMUNITY
Describe the Organization's Program Activity:
Part 3
MEMBERS VOLUNTEERED TO SERVE DINNERS AND PARTIES TO ALLOW THE MEMBERS TO SOCIALIZE WITH EACH OTHER. SEVERAL MEMBER PARTICIPATING BOATING EVENTS WERE HELD DURING THE YEAR. BECAUSE THE EVENTS WERE NUMEROUS, THE TOTAL IS LISTED HERE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Bigelow Vice Commodore | 1 | $0 | |
Liz Allison Secretary | 1 | $0 | |
Helen Horn Rear Commodore | 1 | $0 | |
Ed Stancil Commodore | 5 | $0 | |
Lee Callister Staff Commodore | 0 | $0 | |
Lilley Yee Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,200 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $293 |
| Other Revenue | $0 |
| Total Revenue | $1,593 |
| 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 | $325 |
| Occupancy, rent, utilities, and maintenance | $1,469 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $1,894 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,398 |
| Other assets | $0 |
| Total assets | $9,651 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,651 |
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