Greater Boston Soaring Club Inc
- Assets
- $450.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sterling, MA
- Founding
- 07/1986
- Data as of
- 12/2021
- 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 12/2021, Greater Boston Soaring Club Inc generated $131.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $105.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 7 years. 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
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 | |
Bart Lenaerts Director | 2 | $0 | |
Mauricio Poodts Director | 2 | $0 | |
Lew Klunk Secretary | 2 | $0 | |
Thomas Orsini Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,775 |
| Total Program Service Revenue | $58,472 |
| Membership dues | $56,375 |
| Investment income | $126 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $15,100 |
| Total Revenue | $131,848 |
| 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 | $151 |
| Other expenses | $104,788 |
| Total expenses | $105,639 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $184,465 |
| Other assets | $0 |
| Total assets | $450,941 |
| Total liabilities | $1,916 |
| Net assets or fund balances | $449,025 |
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