Barnstable Yacht Club Inc in Barnstable, Massachusetts (MA)

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Barnstable Yacht Club Inc
Employer Identification Number (EIN)042279364
Name of OrganizationBarnstable Yacht Club Inc
AddressPO BOX 83, Barnstable, MA 02630-0083
ActivitiesOther sports club
SubsectionPleasure, Recreational, or Social Club
Ruling Date06/1978
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$500,000 to $999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$774,852
Amount of Income$216,377
Form 990 Revenue Amount$212,192


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$2,350
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$212,192
Contributions, Gifts, Grants and Other Similar Amounts$137,028
Program Service Revenue$52,866
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$18,792
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$1,386
Gross amount from sales of assets other than inventory (Securities / Other)$4,250 / $0
Less: cost or other basis and sales expenses (Securities / Other)$2,864 / $0
Gain or (loss) (Securities / Other)$1,386 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$181
Gross sales of inventory, less returns and allowances$1,502
Less: cost of goods sold$1,321
Miscellaneous Revenue$1,939
Statement of Functional Expenses (for 2011)
Total functional expenses$182,588
Compensation of current officers, directors, trustees, and key employees$42,079
Other salaries and wages$8,313
Payroll taxes$4,008
Professional fundraising services$0
Other$128,188
Balance Sheet (for 2011)
Total assets$774,852
Total liabilities$1,673
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$1,673
Total net assets or fund balances$773,179
Retained earnings, endowment, accumulated income, or other funds$773,179
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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