Georges Mills Boat Club
- Assets
- $161.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New London, NH
- Founding
- 03/1991
- Data as of
- 12/2021
- EIN
- 02-0440331
Organization Overview
Georges Mills Boat Club is located in New London, NH. The organization was established in 1991. 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. Georges Mills Boat Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Georges Mills Boat Club generated $69.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $61.2k during the year ending 12/2021. 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
THE ASSOCIATION IS A BOAT CLUB ESTABLISHED FOR THE ENJOYMENT OF ITS 56 MEMBERS AND THEIR GUESTS. LOCATED IN GEORGES MILLS, NEW HAMPSHIRE, THE ASSOCIATION PROVIDES ITS MEMBERS WITH BOAT SLIP USAGE; SLIP RENTALS; ACCESS TO SWIMMING, CLUBHOUSE,AND PICNIC FACILITIES; BOAT STORAGE; AND VARIOUS SOCIAL ACTIVITIES. IN ADDITION VACATION ACCOMODATIONS ARE AVAILABLE TO THE MEMBERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Burchard Secretary | 2 | $0 | |
Steven C Root ESQ Treasurer | 2 | $0 | |
Charles Hafner Director | 2 | $0 | |
Rowena Wilks Director | 2 | $0 | |
Robert S Brown President | 9 | $0 | |
Theodore J Dascoli Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $13,749 |
| Membership dues | $55,710 |
| Investment income | $46 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,505 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,700 |
| Occupancy, rent, utilities, and maintenance | $32,138 |
| Printing, publications, postage, and shipping | $632 |
| Other expenses | $23,681 |
| Total expenses | $61,151 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,814 |
| Other assets | $0 |
| Total assets | $161,758 |
| Total liabilities | $2,708 |
| Net assets or fund balances | $159,050 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New England Sailing Foundation Inc Marblehead, MA | $32,351 | $1,795,441 |
Community Boating Inc Boston, MA | $5,688,954 | $2,833,055 |
Winchester Boat Club Winchester, MA | $5,238,512 | $1,099,002 |
Nantucket Community Sailing Inc Nantucket, MA | $4,938,871 | $779,029 |
Piers Park Sailing Center Inc East Boston, MA | $910,975 | $1,064,918 |
Pleasant Bay Community Boating Inc North Chatham, MA | $4,919,007 | $1,766,472 |
Kennebunk Beach Improvement Association Kennebunk, ME | $1,718,660 | $896,686 |
Cambridge Boat Club Cambridge, MA | $1,664,674 | $711,494 |
Winchester Swim Club Inc South Dartmouth, MA | $1,267,611 | $790,941 |
Medford Boat Club Medford, MA | $684,000 | $575,807 |
Greater Lawrence Community Boating Program Inc Lawrence, MA | $340,881 | $480,989 |
Lake Sunapee Yacht Club Sunapee, NH | $1,150,191 | $509,585 |