Marion-Bermuda Crusing Yacht Race Association Inc
- Assets
- $94.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marion, MA
- Founding
- 02/1981
- Data as of
- 10/2023
- EIN
- 04-2711615
Organization Overview
Marion-Bermuda Crusing Yacht Race Association Inc is located in Marion, MA. The organization was established in 1981. 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 the central organization for a national or regional group of organizations. Marion-Bermuda Crusing Yacht Race Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDING & PERPETUATING THE MARION TO BERMUDA CRUSING YACHT RACE TO BE HELD IN JUNE ON ODD NUMBER YEARS & SYMPOSIA ON OFF SHORE SAILING & SAFETY PROCEDURES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roy Greenwald Trustee | 0 | $0 | |
Debra Gayle-Malone Treasurer | 5 | $0 | |
Allan Williams Trustee | 0 | $0 | |
Ann Kolker Trustee | 0 | $0 | |
Stephen Ricci Trustee | 0 | $0 | |
Benjamin Rego Jr Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,822 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $260 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $28,704 |
| Other Revenue | $0 |
| Total Revenue | $90,786 |
| 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 | $2,215 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $226 |
| Other expenses | $52,962 |
| Total expenses | $55,403 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,214 |
| Other assets | $0 |
| Total assets | $94,214 |
| Total liabilities | $0 |
| Net assets or fund balances | $94,214 |