Niagara Frontier Boat Racing Association Inc
- Assets
- $50.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Island, NY
- Founding
- 08/1987
- Data as of
- 12/2021
- EIN
- 16-1297699
Organization Overview
Niagara Frontier Boat Racing Association Inc is located in Grand Island, NY. The organization was established in 1987. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Niagara Frontier Boat Racing Association 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, Niagara Frontier Boat Racing Association Inc generated $10.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $1.5k during the year ending 12/2021. While expenses have increased by 0.1% 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
SOCIAL CLUB WHOSE PURPOSE IS TO PROMOTE BOAT RACING ON THE NIAGARA RIVER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Roesch Corresponding Secretary | 1 | $0 | |
Michael Geblein Vice Commodore | 5 | $0 | |
Joan Meegan Treasurer | 2 | $0 | |
William Deglopper Director | 1 | $0 | |
Charles Miller Director | 1 | $0 | |
Lyle Dinsmore Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100 |
| Total Program Service Revenue | $0 |
| Membership dues | $305 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,970 |
| Other Revenue | $0 |
| Total Revenue | $10,378 |
| 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 | $700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $708 |
| Total expenses | $1,508 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,144 |
| Other assets | $0 |
| Total assets | $50,744 |
| Total liabilities | $0 |
| Net assets or fund balances | $50,744 |
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