Hyannis Anglers Club Inc is located in Hyannis, MA. Hyannis Anglers Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2015
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PLEASURE, RECREATION AND SOCIAL ACTIVITIES FOR ITS MEMBERS WHILE FUNDING SCHOLARSHIPS AND MAKING CONTRIBUTIONS TO OTHER CHARITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FOOD, REFRESHMENTS AND MANY SOCIAL EVENTS TO MEMBERS. HOSTED FISHING TOURNAMENTS TO RAISE MONEY FOR BIG BROTHERS AND BIG SISTERS AND THE HYANNIS HOSPITAL. CREATED A SCHOLARSHIP FUND FOR FAMILY MEMBERS CONTINUING EDUCATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Lovendale President | Trustee | 1 | $0 |
Joseph Hoffman Treasurer | Trustee | 1 | $0 |
John Griffin Clerk | Trustee | 1 | $0 |
Anthony J Folino Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $27,130 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $70,500 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $97,630 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $43,302 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $1,256 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,978 |
Miscellaneous Revenue | $0 |
Total Revenue | $144,166 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,667 |
Fees for services: Accounting | $942 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $711 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $68,580 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $12,848 |
Insurance | $12,669 |
All other expenses | $6,459 |
Total functional expenses | $145,782 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $26,250 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,028,371 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,054,621 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $58,273 |
Secured mortgages and notes payable | $1,470,495 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,528,768 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | -$474,147 |