Bellingham Bay Community Boatingcenter
- Assets
- $462.8k
- Revenue
- $613.8k
- Investments
- $0.0
- Employees
- 23
- Location
- Bellingham, WA
- Founding
- 04/2008
- Data as of
- 12/2021
- EIN
- 20-4946594
Organization Overview
Bellingham Bay Community Boatingcenter is located in Bellingham, WA. The organization was established in 2008. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Bellingham Bay Community Boatingcenter employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bellingham Bay Community Boatingcenter is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Bellingham Bay Community Boatingcenter generated $613.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $361.5k during the year ending 12/2021. While expenses have increased by 9.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER SMALL-WATERCRAFT EDUCATION, ACCESS, SAFE RECREATION, AND MARINE STEWARDSHIP ON BELLINGHAM BAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR SERVICES GREW SIGNIFICANTLY, WE SAW ROUGHLY 300% ACROSS THE BOARD IN OUR ADULT AND YOUTH PROGRAMS. WE ALSO SAW SIGNIFICANT GROWTH IN OUR BOAT RENTAL PROGRAM AND COMMUNITY ENRICHMENT OFFERINGS. WE BELIEVE THAT MUCH OF THIS WAS THE RESULT OF INCREASED DEMAND FOR OUTDOOR RECREATION FUELED BY THE PANDEMIC. WITH THIS GROWTH, WE ESTABLISHED NEW RELATIONSHIPS WITH DONORS AND FUNDING AGENCIES. THE RECOGNITION OF OUR IMPACTS ON COMMUNITY HEALTH LED TO MORE PUBLIC SUPPORT OVERALL. WE'VE LEVERAGED THIS INCREASE IN EARNED REVENUE AND PUBLIC SUPPORT TO GROW OUR SCHOLARSHIP GIVING AND HOSTED MANY NEW COMMUNITY ENRICHMENT PROGRAMS FOR FOLKS FROM UNDERSERVED COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Cooper Secretary | OfficerTrustee | 2 | $0 |
Deborah Dempsey Treasurer | OfficerTrustee | 4 | $0 |
Jim Johannessen Vice Preside | OfficerTrustee | 4 | $0 |
Mike Passo President | OfficerTrustee | 7 | $0 |
Vicki Lesh Director | Trustee | 2 | $0 |
Lisa Brennan Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $24,637 |
| Related organizations | $0 |
| Government grants | $37,577 |
| All other contributions, gifts, grants, and similar amounts not included above | $175,693 |
| Noncash contributions included in lines 1a–1f | $211 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $237,907 |
| Total Program Service Revenue | $367,572 |
| Investment income | $338 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,944 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $613,761 |
| 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 | $240,363 |
| Pension plan accruals and contributions | $2,257 |
| Other employee benefits | $1,653 |
| Payroll taxes | $25,610 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,459 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $60 |
| Advertising and promotion | $2,958 |
| Office expenses | $2,052 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,749 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,284 |
| Insurance | $11,468 |
| All other expenses | $7,656 |
| Total functional expenses | $361,480 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,500 |
| Savings and temporary cash investments | $349,329 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,995 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,426 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $59,577 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $462,827 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,832 |
| Total liabilities | $8,832 |
| Net assets without donor restrictions | $370,670 |
| Net assets with donor restrictions | $83,325 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $462,827 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Bellingham Bay Community Boatingcenter has recieved totaling $55,154.
| Awarding Organization | Amount |
|---|---|
Whatcom Community Foundation Bellingham, WA PURPOSE: REC & SPORTS | $55,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $154 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bogus Basin Recreational Association Inc Boise, ID | $46,317,887 | $20,708,902 |
Starfire Sports A Nonprofit Corporation Tukwila, WA | $5,436,730 | $5,826,553 |
Wood River Community Young Mens Christian Association Inc Boise, ID | $15,395,276 | $3,669,293 |
Dimond Park Field House Inc Juneau, AK | $0 | $66,071 |
Grants Pass Family Ymca Grants Pass, OR | $3,531,287 | $2,517,620 |
Eastside Community Center Qalicb Tacoma, WA | $30,479,227 | $236,034 |
Peace Community Center Tacoma, WA | $4,246,736 | $1,320,557 |
Cowlitz Timber Trails Association Salkum, WA | $1,456,183 | $1,262,956 |
Shelton Family Center Shelton, WA | $327,973 | $788,415 |
Hailey Ice Park Inc Hailey, ID | $6,029,336 | $568,542 |
Max Higbee Community Recreation Center Bellingham, WA | $885,557 | $695,669 |
Second Cycle Community Bicycle Shop Tacoma, WA | $127,996 | $461,057 |