Greater Boston Soaring Club Inc
- Assets
- $435.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sterling, MA
- Founding
- 07/1986
- Data as of
- 12/2022
- EIN
- 04-2879857
Organization Overview
Greater Boston Soaring Club Inc is located in Sterling, MA. The organization was established in 1986. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Greater Boston Soaring Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Greater Boston Soaring Club Inc generated $137.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $152.8k during the year ending 12/2022. While expenses have increased by 2.2% 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
SAILPLANE TOWS & USAGE PROVIDED TO APPROXIMATELY 115 CLUB MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Sherrill President | 4 | $0 | |
Dwight Schirmer Treasurer | 4 | $0 | |
Shawn Keller Director | 2 | $0 | |
Lew Klunk Secretary | 2 | $0 | |
Mauricio Poodts Director | 2 | $0 | |
Thomas Orsini Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,550 |
| Total Program Service Revenue | $69,854 |
| Membership dues | $63,946 |
| Investment income | $75 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $137,425 |
| 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 | $700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $106 |
| Other expenses | $152,030 |
| Total expenses | $152,836 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $161,126 |
| Other assets | $0 |
| Total assets | $435,530 |
| Total liabilities | $1,916 |
| Net assets or fund balances | $433,614 |