Skaneateles Sailing Club
- Assets
- $229.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Skaneateles, NY
- Founding
- 03/1986
- Data as of
- 12/2022
- 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 12/2022, Skaneateles Sailing Club generated $66.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $51.0k during the year ending 12/2022. While expenses have increased by 2.7% 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
2022
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 |
|---|---|---|---|
Lucille Teufel Board Member | 1 | $0 | |
Miki Bangs Board Member | 1 | $0 | |
Johan Visser Board Member / Operations Manager | 2 | $0 | |
Michael Byrne Treasurer | 2 | $0 | |
Lee Klosowski Commodore | 1 | $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 | $66,489 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,489 |
| 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 | $51,012 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $51,012 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,909 |
| Other assets | $0 |
| Total assets | $229,077 |
| Total liabilities | $0 |
| Net assets or fund balances | $229,077 |
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 |