South Amboy Boat Club Inc
- Assets
- $258.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sewaren, NJ
- Founding
- 01/2007
- Data as of
- 12/2021
- EIN
- 22-6166518
Organization Overview
South Amboy Boat Club Inc is located in Sewaren, NJ. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Amboy Boat 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, South Amboy Boat Club Inc generated $35.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $22.9k during the year ending 12/2021. While expenses have increased by 1.9% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE A CLUB TO BOTH SOCIAL AND BOATING MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edwin Dehart President | 13 | $0 | |
Joseph Ditchkus Treasurer | 16 | $0 | |
Matt Kocinski Vice President | 11 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,930 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $30,122 |
| Total Revenue | $35,052 |
| 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 | $20,627 |
| Printing, publications, postage, and shipping | $123 |
| Other expenses | $2,154 |
| Total expenses | $22,904 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,357 |
| Other assets | $0 |
| Total assets | $258,472 |
| Total liabilities | $11,708 |
| Net assets or fund balances | $246,764 |
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