Skaneateles Sailing Club
- Assets
- $232.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Skaneateles, NY
- Founding
- 03/1986
- Data as of
- 12/2023
- EIN
- 16-1257762
Organization Overview
Skaneateles Sailing Club is located in Skaneateles, NY. The organization was established in 1986. 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. Skaneateles Sailing 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, Skaneateles Sailing Club generated $76.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $73.4k during the year ending 12/2023. While expenses have increased by 8.1% per year over the past 5 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
THE CLUB PROVIDES FACILITIES (INCLUDING CLUB HOUSE, DRY-LAND STORAGE AND ON-THE-WATER MOORING FOR PRIVATE BOATS, USE OF CLUB-OWNED BOATS, AND USE OF CLUB PICNIC AREAS, PARKING AREA AND WATERFRONT) TO MEMBERS OF THE CLUB, ON A NON-PROFIT BASIS, AS WELL AS SAILING INSTRUCTION FOR MEMBERS AND CHILDREN. THE PURPOSE OF THE CLUB IS TO PROMOTE THE SPORT OF SAILING IN GENERAL AND SAILBOAT RACING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Laundry Commodore | 3 | $0 | |
James Nighan Board Member | 1 | $0 | |
Johan Visser Board Member / Operations Manager | 3 | $0 | |
Rhonda Fabrizio Treasurer | 4 | $0 | |
Griff Williams Board Member | 3 | $0 | |
Tim Rosbrook Secretary, Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $76,723 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $76,723 |
| 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 | $73,389 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $73,389 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $149,017 |
| Other assets | $0 |
| Total assets | $232,411 |
| Total liabilities | $0 |
| Net assets or fund balances | $232,411 |