Niagara Frontier Boat Racing Association Inc
- Assets
- $17.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Island, NY
- Founding
- 08/1987
- Data as of
- 12/2023
- 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SOCIAL CLUB WHOSE PURPOSE IS TO PROMOTE BOAT RACING ON THE NIAGARA RIVER. AN ANNUAL EVENT IS HELD IN THE SUMMER: THUNDER ON THE NIAGARA THAT SERVES AS A FUNDRAISER AND FOR THE PROMOTION OF BOAT RACING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Krebs Commodore | 3 | $0 | |
John Tommasulo Vice Commodore | 5 | $0 | |
Gary Roesch Treasurer | 2 | $0 | |
William Deglopper Director | 1 | $0 | |
Charles Miller Director | 1 | $0 | |
Kenneth Brodie Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,535 |
| Total Program Service Revenue | $0 |
| Membership dues | $315 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$80,952 |
| Other Revenue | $0 |
| Total Revenue | -$16,101 |
| 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 | $800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41 |
| Total expenses | $841 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,635 |
| Other assets | $0 |
| Total assets | $17,235 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,235 |