United States Power Squadrons
- Assets
- $61.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Massapequa, NY
- Founding
- 03/1949
- Data as of
- 04/2022
- EIN
- 11-6021241
Organization Overview
United States Power Squadrons is located in Massapequa, NY. The organization was established in 1949. 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 a subordinate organization within an affiliated group for tax-exemption purposes. United States Power Squadrons is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2022, United States Power Squadrons generated $27.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $23.4k during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED CLASSES IN BOATING SAFETY, SEAMANSHIP, PILOTING, ETC.FOR 48 PERSONS, 68 VESSEL SAFETY CHECKS, AND HELD VARIOUSSQUADRON MEETINGS, CRUISES, RENDEZVOUS & OTHER EVENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Stange Commander | 12 | $0 | |
Thomas Zimmer Exec. Officer | 12 | $0 | |
George Tracy Educational Officer | 16 | $0 | |
Linda Ladez Administrative Officer | 12 | $0 | |
Michael Richter Secretary | 9 | $0 | |
Frank Verderber Treasurer | 9 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,960 |
| Total Program Service Revenue | $15,419 |
| Membership dues | $1,924 |
| Investment income | $810 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,880 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $2,346 |
| Printing, publications, postage, and shipping | $219 |
| Other expenses | $20,380 |
| Total expenses | $23,445 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,150 |
| Other assets | $0 |
| Total assets | $61,150 |
| Total liabilities | $0 |
| Net assets or fund balances | $61,150 |
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 |
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 |
South Jersey Aquatic Club Voorhees, NJ | $176,269 | $1,185,963 |
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 |
Usa Swimming Inc Blue Bell, PA | $1,171,270 | $977,140 |