Beacon Sloop Club Inc
- Assets
- $422.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beacon, NY
- Founding
- 10/1991
- Data as of
- 12/2022
- EIN
- 22-3100801
Organization Overview
Beacon Sloop Club Inc is located in Beacon, NY. The organization was established in 1991. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Beacon Sloop Club Inc 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 12/2022, Beacon Sloop Club Inc generated $40.1k 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 (10.1%) each year. All expenses for the organization totaled $35.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.6%) 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 |
|---|---|---|---|
Robert May President | 5 | $0 | |
Patricia Finnerty Vice-President | 2 | $0 | |
Aaron Verdile Treasurer | 4 | $0 | |
Vicki Fox Secretary | 2 | $0 | |
Jeremy Baum Director | 1 | $0 | |
Susan Berliner Director | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,199 |
| Total Program Service Revenue | $3,445 |
| Membership dues | $4,185 |
| Investment income | $1,508 |
| Gain or Loss | $550 |
| Net Income from Gaming & Fundraising | $11,779 |
| Other Revenue | $0 |
| Total Revenue | $40,058 |
| 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 | $6,721 |
| Printing, publications, postage, and shipping | $1,137 |
| Other expenses | $21,538 |
| Total expenses | $35,031 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $102,970 |
| Other assets | $0 |
| Total assets | $422,170 |
| Total liabilities | $0 |
| Net assets or fund balances | $422,170 |