Crescent Boat Club Inc is located in Halfmoon, 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 12/2021, Crescent Boat Club Inc generated $76.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $66.6k during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
TO PREVENT WATER POLLUTION PROMOTED GOOD FELLOWSHIP AND SOCIAL ACTIVITIES AMONG ITS MEMBERS AND BETWEEN ITS MEMBERS AND MEMBERS OF OTHER BOATING AND YACHT CLUBS. TO PREVENT THE WATER POLLUTION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Imran Siddiqui Rear Commodore | 2 | $0 | |
Rich Shakerley Commodore | 2 | $0 | |
Richard Gaberiels Rear Commodore | 2 | $0 | |
Mike Lisuzzo Secretary | 2 | $0 | |
Dottie Felitti Treasurer | 2 | $0 | |
Laura Ziegler Past Commodore | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6,556 |
Total Program Service Revenue | $0 |
Membership dues | $37,862 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $76,789 |
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 | $66,537 |
Printing, publications, postage, and shipping | $58 |
Other expenses | $0 |
Total expenses | $66,595 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $65,718 |
Other assets | $0 |
Total assets | $222,121 |
Total liabilities | $0 |
Net assets or fund balances | $222,121 |
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