Rockport Boat Club
- Assets
- $186.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockport, ME
- Founding
- 06/2009
- Data as of
- 12/2021
- EIN
- 01-0323145
Organization Overview
Rockport Boat Club is located in Rockport, ME. The organization was established in 2009. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, 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. Rockport Boat Club is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Rockport Boat Club generated $126.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $109.5k during the year ending 12/2021. While expenses have increased by 2.0% 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 Program Activity:
Part 3
RBC PROVIDED YOUTH SAILING LESSONS FOR ROCKPORT-AREA CHILDREN, AND PROVIDED SCHOLARSHIP SUPPORT TO LOCAL STUDENTS IN NEED. YOUTH SAILING STUDENTS PARTICIPATED IN ROCKPORT'S HOLIDAY CELEBRATION TOWN PARADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Sheldon Vice Comm./t | 10 | $0 | |
Kim Kimball Commodore | 20 | $0 | |
Kate Lee Secretary | 1 | $0 | |
George Forristall Co-Treasurer | 1 | $0 | |
Larry Novotney Director At | 1 | $0 | |
Meghan Phelan Director At | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,650 |
| Total Program Service Revenue | $50,915 |
| Membership dues | $65,330 |
| Investment income | $3,474 |
| Gain or Loss | $2,894 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $126,666 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,338 |
| Professional fees and other payments to independent contractors | $3,541 |
| Occupancy, rent, utilities, and maintenance | $13,705 |
| Printing, publications, postage, and shipping | $400 |
| Other expenses | $45,740 |
| Total expenses | $109,529 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $161,298 |
| Other assets | $0 |
| Total assets | $186,053 |
| Total liabilities | $0 |
| Net assets or fund balances | $186,053 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kennebunk Beach Improvement Association Kennebunk, ME | $1,718,660 | $896,686 |
Lake Sunapee Yacht Club Sunapee, NH | $1,150,191 | $509,585 |
Northeast Harbor Fleet Northeast Harbor, ME | $995,946 | $399,306 |
Valpo Surf Project Inc Thomaston, ME | $74,661 | $143,016 |
Swimmers Inc Manchester, NH | $341,677 | $178,605 |
Kollegewidgwok Sailing And Education Association Blue Hill, ME | $533,566 | $175,929 |
Usa Swimming Inc Bar Harbor, ME | $131,655 | $0 |
Camden Area Youth Seamanship Program Camden, ME | $92,282 | $0 |
Friends Of Concord Crew Concord, NH | $196,345 | $0 |
Bedford Crew Club Bedford, NH | $157,549 | $0 |
Friends Of Hanover Crew A New Hampshir Corporation Hanover, NH | $1,804,605 | $138,762 |
Rockport Boat Club Rockport, ME | $186,053 | $0 |