irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $233KTHE RESTAURANT PROVIDES A SOCIAL MEETING PLACE FOR THE MEMBERS
named programs · 4 · from sources
What they call their work
Ladies Auxiliary
Supports members' social and recreational needs through organized activities and events
Marina and Mooring Services
Provides 103 slips and 54 moorings for member boats, with full-service fuel dock offering high-speed gas and diesel pumps
Restaurant and Bar
Operates a restaurant and full-service bar as a social hub for members, generating $832,788 in revenue in 2024
Swimming Pool and Clubhouse
Manages an Olympic-sized swimming pool with snack center and a two-level clubhouse for lounging, meals, and social gatherings
activities · 1 group
What they do
-
Private Social and Recreational Clubs 2 activities
- Operates a ladies auxiliary to support members' social and recreational needsRuns a ladies auxiliary program focused on supporting the social and recreational engagement of members, enhancing community participation and fellowship.
- Operates a restaurant as a social meeting place for membersProvides a restaurant facility for members to gather and socialize, serving as a central venue for social interaction and community building.
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financials · form 990 · fy2024
revenue
Total revenue$2.79M
Contributions & grants$00%
Program service revenue$1.71M61%
Investment income$110K4%
Other revenue$968K
expenses
Total expenses$2.64M
Program expenses75%
Admin / overhead25%
Fundraising0%
Salaries & benefits$979K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$3.84M
Cash$386K
Investments$1.17M
Liabilities$3.14M
Net assets$697K
Liquid reserves7.1 mo
4 years on record · 2020–2024 · YoY revenue +9.0%
leadership · form 990 part vii · fy2024
Who runs it
board members · 6
- ED MURPHY — TRUSTEE
- GERALD JOSPA — TRUSTEE
- ROBERT SCHUBERT — TRUSTEE
- SCOTT SHAFIROFF — TRUSTEE
- STAN SOMMERS — TRUSTEE
- TONY HOOJAN — TRUSTEE