Marion-Bermuda Crusing Yacht Race Association Inc
- Assets
- $74.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marion, MA
- Founding
- 02/1981
- Data as of
- 10/2021
- 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
2021
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 | |
Stephen Ricci Trustee | 0 | $0 | |
Ray Cullum Trustee Chair | 0 | $0 | |
Tom Farquhar Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,265 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $443 |
| Other Revenue | $0 |
| Total Revenue | $8,720 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $427 |
| Other expenses | $13,284 |
| Total expenses | $13,711 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,816 |
| Other assets | $0 |
| Total assets | $74,816 |
| Total liabilities | $0 |
| Net assets or fund balances | $74,816 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Row New York Inc New York, NY | $11,063,352 | $5,131,305 |
New England Sailing Foundation Inc Marblehead, MA | $32,351 | $1,795,441 |
New England Science & Sailing Foundation Inc Stonington, CT | $5,613,617 | $3,618,390 |
Long Island Swimming Garden City, NY | $5,786,299 | $2,981,330 |
Sail Newport Inc Newport, RI | $8,050,460 | $2,453,105 |
Stony Brook Yacht Club Inc Stony Brook, NY | $1,925,542 | $2,144,649 |
Community Boating Inc Boston, MA | $5,688,954 | $2,833,055 |
Hudson River Community Sailing Inc New York, NY | $1,975,748 | $1,753,516 |
Winchester Boat Club Winchester, MA | $5,238,512 | $1,099,002 |
Saugatuck Harbor Yacht Club Inc Westport, CT | $2,019,925 | $1,016,320 |
West Side Rowing Club Incorporated Of The City Of Buffalo Buffalo, NY | $4,706,391 | $1,097,011 |
Saltaire Yacht Club Inc Franklin Square, NY | $2,486,867 | $986,689 |