Hudson Power Boat Association
- Assets
- $281.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hudson, NY
- Founding
- 03/2000
- Data as of
- 12/2022
- EIN
- 14-6020724
Organization Overview
Hudson Power Boat Association is located in Hudson, NY. The organization was established in 2000. 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. Hudson Power Boat Association 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, Hudson Power Boat Association generated $141.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $129.9k during the year ending 12/2022. While expenses have increased by 9.9% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION'S ACTIVITES RANGE FROM STORING BOATS TOSPONSORING DINNERS IN ORDER TO MAINTAI FUNDS FOR THERELATED EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Hogencamp Commodore | 2 | $0 | |
Michael Wenzel Vice Commodore | 2 | $0 | |
Randall Mcintyre Treasurer | 5 | $0 | |
Ron Dixon Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $117,681 |
| Membership dues | $23,222 |
| Investment income | $182 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $141,085 |
| 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 | $100,739 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,157 |
| Total expenses | $129,896 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $216,053 |
| Other assets | $0 |
| Total assets | $280,963 |
| Total liabilities | $0 |
| Net assets or fund balances | $280,963 |