Radio Island Marina Club Inc

Organization Overview

Radio Island Marina Club Inc is located in Morehead City, NC. The organization was established in 2007. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Radio Island Marina Club Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Radio Island Marina Club 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, Radio Island Marina Club Inc generated $477.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $578.0k during the year ending 12/2021. While expenses have increased by 3.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S PRIMARY MISSION IS TO PROVIDE ITS MEMBERS WITH BOAT STORAGE, CLUB HOUSE FACILITIES, RECREATION ACTIVITIES, AND TO ASSIST THEM WITH EMBARKING AND DISEMBARKING THEIR BOATS TO AND FROM THE WATER FROM DRY STACK SLIPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE ITS MEMBERS WITH BOAT STORAGE, CLUBHOUSE FACILITIES, RECREATIONAL ACTIVITIES AND ASSIT WITH EMBARKING AND DISEMBARKING THEIR BOATS TO AND FROM THE WATER FROM DRY STACK STORAGE.


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Board, Officers & Key Employees

Name (title)Compensation
William Newbern
President
$0
Hardin Sigmon
Director
$0
Tommy Bennet
Director
$0
David Carpenter
Director
$0
Oma Hester
Director
$0
Mark Mesere
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$426,200
Investment income $821
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $477,258

Peer Organizations

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