Springfield Yacht & Canoe Club
- Assets
- $450.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Agawam, MA
- Founding
- 11/1944
- Data as of
- 12/2023
- EIN
- 04-6130457
Organization Overview
Springfield Yacht & Canoe Club is located in Agawam, MA. The organization was established in 1944. 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. Springfield Yacht & Canoe Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Springfield Yacht & Canoe Club generated $173.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $133.2k during the year ending 12/2023. While expenses have increased by 3.1% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
SOCIAL AND RECREATION CLUB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Siedel Treasurer | 5 | $0 | |
Wayne Harrington Director | 5 | $0 | |
Dan Merli Director | 5 | $0 | |
Steve Buoniconti Director | 5 | $0 | |
Gary Smith Vice Commodore | 10 | $0 | |
Jeremy Sawyer Commodore | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,926 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8,988 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $105,079 |
| Total Revenue | $172,993 |
| 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 | $1,160 |
| Occupancy, rent, utilities, and maintenance | $88,099 |
| Printing, publications, postage, and shipping | $164 |
| Other expenses | $43,814 |
| Total expenses | $133,237 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $325,801 |
| Other assets | $0 |
| Total assets | $450,661 |
| Total liabilities | $4,003 |
| Net assets or fund balances | $446,658 |