Rockport Boat Club
- Assets
- $171.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockport, ME
- Founding
- 06/2009
- Data as of
- 12/2022
- 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 12/2022, Rockport Boat Club generated $150.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $150.1k during the year ending 12/2022. While expenses have increased by 5.8% per year over the past 8 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
2022
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 |
|---|---|---|---|
Kim Kimball Commodore | 20 | $0 | |
Sarah Sheldon Vice Comm./s | 3 | $0 | |
Caroline Lafiura Vice Commodo | 3 | $0 | |
Ken Hartzell Treasurer | 3 | $0 | |
Megan Phelan Director At | 1 | $0 | |
Tony Peterman Director At | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,590 |
| Total Program Service Revenue | $61,141 |
| Membership dues | $64,642 |
| Investment income | $4,165 |
| Gain or Loss | $1,108 |
| Net Income from Gaming & Fundraising | $348 |
| Other Revenue | $0 |
| Total Revenue | $150,327 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $62,731 |
| Professional fees and other payments to independent contractors | $11,385 |
| Occupancy, rent, utilities, and maintenance | $15,851 |
| Printing, publications, postage, and shipping | $541 |
| Other expenses | $54,957 |
| Total expenses | $150,092 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $150,769 |
| Other assets | $0 |
| Total assets | $171,806 |
| Total liabilities | $0 |
| Net assets or fund balances | $171,806 |