Watts Bar Lake Yacht Club in Spring City, Tennessee (TN)

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Watts Bar Lake Yacht Club
Employer Identification Number (EIN)272421482
Name of OrganizationWatts Bar Lake Yacht Club
In Care of NameGary Bemm
AddressPO BOX 552, Spring City, TN 37381-0552
SubsectionPleasure, Recreational, or Social Club
Ruling Date11/2010
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$5,068
Amount of Income$1,923
Form 990 Revenue Amount$1,132
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Recreational, Pleasure, or Social Club


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Amount of income in 2012: $1,923 (it was $7,625 in 2011)
Watts Bar Lake Yacht Club: 

 $1,923
Other organizations performing similar types of work: 

 $69,725

Assets in 2012: $5,068 (it was $4,022 in 2011)
Watts Bar Lake Yacht Club: 

 $5,068
Other organizations performing similar types of work: 

 $50,502

Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$6,201
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$2,775
Investment income$3
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$2,964
Gross income from gaming$0
Gross income from fundraising events$3,727
Less: direct expenses from gaming and fundraising events$763
Gross profit from sales of inventory$459
Gross sales of inventory, less returns and allowances$1,120
Less: cost of goods sold$661
Other revenue$0
Total expenses$5,420
Total net assets$4,022
Excess for the year$781
Net assets or fund balances at beginning of year$3,241
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$4,022
Total liabilities$0
Net assets or fund balances$4,022
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Treasure Island Tennis & Yacht Club400 Treasure Island Cswy, Treasure Is, FL 33706-1131FL2007-10$3,103,974
2Tau Kappa Epsilon Fraternity Inc, 298 Iota Zeta Colony747 Comstock Ave, Syracuse, NY 13210-2820NY2004-02$282,341
3Ridges Golf And Country Club1501 Ridges Club Dr, Jonesborough, TN 37659-7400TN2010-01$2,726,248
4Raf Inc, Orians Raymond Officer8347 W Range Cv, Memphis, TN 38125-0721TN2013-05$2,223,664
5River Bend Country Club Inc245 Riverbend Dr, Shelbyville, TN 37160-7218TN2004-05$1,162,322
6Speakers Club Inc9202 S Northshore Dr Ste 200, Knoxville, TN 37922-6603TN2013-01$150,098
7Tennessee Valley Hunt Club10101 Sherrill Blvd, Knoxville, TN 37932-3389TN2010-02$149,896
8Sunset Bay Mariners Club Inc195 Sunset Vw, Sharps Chapel, TN 37866-1887TN2010-10$126,508
9Fairlane Club Of America340 Clicktown Rd, Church Hill, TN 37642-6622TN2011-12$125,522
10Variety Club Of Memphis-Tent 20PO BOX 1523, Memphis, TN 38101-1523TN1949-02$106,737
11Tri-Cites Road ClubPO BOX 5021, Johnson City, TN 37602-5021TN2002-12$58,644
12Community Enhancement Centers Inc101 Arta Drive Suite 1, Madison, TN 37115-3409TN2004-01$49,522
13Tau Kappa Epsilon Fraternity Inc, Tau Kappa Epsilon - Cbc Chapter Inc6465 Quail Hollow Rd Ste 401, Memphis, TN 38120TN2004-02$41,772
14Good Sams Of Tennessee1594 Maremont Rd, Knoxville, TN 37918-0964TN2012-09$33,450
15Stones River Region AacaPO BOX 11104, Murfreesboro, TN 37129-0022TN2013-01$31,969
16Eagleville Soaring Inc131 Indian Lake Road Ste 203, Hendersonville, TN 37075TN2011-03$31,597
17Chaine Des Rotisseurs - Nashville C/O David K Morgan5250 Virginia Way No 400, Brentwood, TN 37027TN2012-04$26,574
18Lake Logan Association IncPo Box 43, Elkton, TN 38455TN2012-11$20,042
19Sports Car Club Of America Chattanooga Region Inc7109 Panavista Ln, Chattanooga, TN 37421-4026TN2002-09$18,124
20Middle Tn Region Of The Antique Automobile Club Of America Inc549 E Main St Apt 6, Murfreesboro, TN 37130-3904TN2012-11$15,027
21Rock Harbor Yacht ClubPO BOX 92125, Nashville, TN 37209-8125TN2012-09$13,330
22Mainstreet CruisersPO BOX 3211, Cleveland, TN 37320-3211TN2013-08$9,226
23Union City Greyhounds Inc624 E Reelfoot Ave, Union City, TN 38261-5739TN2006-11$6,781
24Watts Bar Lake Yacht ClubPO BOX 552, Spring City, TN 37381-0552TN2010-11$1,923
25Trinity Baseball Inc1995 Roan Creek Rd, Mountain City, TN 37683-7022TN2007-05$1,120
26Potenza Cycling ClubPO BOX 290455, Nashville, TN 37229-0455TN2010-03$340
274-Way In No Way Out M C4432 Turner Way, Kodak, TN 37764TN2010-07$0
28Clan Graham Society Incorporated124 Debusk Lane, Knoxville, TN 37922TN2000-03$0
29Cumberland Valley Quilters AssociationPo Box 680561, Franklin, TN 37068-0561TN2009-09$0
30Hard Knox Roller GirlsPO BOX 30915, Knoxville, TN 37930-0915TN2009-09$0
Number of organizations performing similar types of work
Alaska39
Alabama113
Arkansas63
Arizona188
California1,155
Colorado206
Connecticut175
District of Columbia35
Delaware37
Florida652
Georgia186
Hawaii58
Iowa109
Idaho49
Illinois286
Indiana183
Kansas54
Kentucky111
Louisiana137
Massachusetts235
Maryland231
Maine63
Michigan293
Minnesota146
Missouri198
Mississippi37
Montana42
North Carolina223
North Dakota24
Nebraska45
New Hampshire69
New Jersey303
New Mexico52
Nevada79
New York537
Ohio343
Oklahoma63
Oregon162
Pennsylvania556
Rhode Island50
South Carolina134
South Dakota21
Tennessee118
Texas533
Utah53
Virginia273
Vermont41
Washington256
Wisconsin216
West Virginia55
Wyoming29
International3
Total9,319

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