Oswego Yacht Club
- Assets
- $293.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oswego, NY
- Founding
- 08/2012
- Data as of
- 03/2023
- EIN
- 16-1581130
Organization Overview
Oswego Yacht Club is located in Oswego, NY. The organization was established in 2012. 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. Oswego Yacht Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 03/2023, Oswego Yacht Club generated $25.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $36.5k during the year ending 03/2023. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanne Rotunno Treasurer | 10 | $0 | |
Phillip Mcbrearty Past Commodore | 4 | $0 | |
Daniel Mather Vicecommodore | 10 | $0 | |
Amanda Baker Commodore | 12 | $0 | |
Margaret Stone Recording Secretary | 4 | $0 | |
Alan Woodworth Rear Comodore | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,710 |
| Investment income | $2,790 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,535 |
| Total Revenue | $25,322 |
| 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 | $26,664 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,791 |
| Total expenses | $36,455 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $243,099 |
| Other assets | $0 |
| Total assets | $293,163 |
| Total liabilities | $0 |
| Net assets or fund balances | $293,163 |
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 |