Crescent Boat Club Inc
- Assets
- $224.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clifton Park, NY
- Founding
- 06/1991
- Data as of
- 12/2022
- EIN
- 14-6017433
Organization Overview
Crescent Boat Club Inc is located in Clifton Park, NY. The organization was established in 1991. 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. Crescent Boat 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, Crescent Boat Club Inc generated $42.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $41.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 8 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
PREVENT WATER POLLUTION AND PROMOTE GOOD FELLOWSHIP AMONGST MEMBERS AND BETWEEN OTHER BOATING CLUBS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Gabriels Commodore | 0 | $0 | |
Ed Hernandez Vice Commodore | 0 | $0 | |
Jason Oliver Rear Commodore | 0 | $0 | |
Imran Siddiqui Treasurer | 0 | $0 | |
Ellen Doss Financial Secretary | 0 | $0 | |
Mike Lisuzzo Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,524 |
| Total Program Service Revenue | $0 |
| Membership dues | $33,221 |
| Investment income | $0 |
| Gain or Loss | $5,289 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $42,034 |
| 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 | $40,968 |
| Printing, publications, postage, and shipping | $875 |
| Other expenses | $0 |
| Total expenses | $41,843 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,985 |
| Other assets | $0 |
| Total assets | $224,388 |
| Total liabilities | $2,076 |
| Net assets or fund balances | $222,312 |