Philadelphia Sailing Club
- Assets
- $142.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wynnewood, PA
- Founding
- 12/1992
- Data as of
- 12/2016
- EIN
- 23-2219867
Organization Overview
Philadelphia Sailing Club is located in Wynnewood, PA. The organization was established in 1992. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, 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. Philadelphia Sailing Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2016, Philadelphia Sailing Club generated $14.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $5.5k during the year ending 12/2016. 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
2016
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES FOR IT'S MEMBERS A SOURCE FOR BOATING & SAILING INFORMATION, SAFETY REGULATIONS AND EXPERIENCE. MEMBERS PAY DUES TO COVER ADMINISTRATIVE COSTS OF THE PROGRAMS AND A PRO-RATA SHARE OF EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Harris V. Commodore | 1 | $0 | |
Randy Hove Secretary | 3 | $0 | |
Chris Maurer Commodore | 3 | $0 | |
Harry Kraemer Treasurer | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $5,330 |
| Investment income | $46 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,314 |
| Total Revenue | $14,690 |
| 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 | $200 |
| Occupancy, rent, utilities, and maintenance | $2,784 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,513 |
| Total expenses | $5,497 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $142,047 |
| Other assets | $0 |
| Total assets | $142,047 |
| Total liabilities | $36,618 |
| Net assets or fund balances | $105,429 |
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North Baltimore Aquatic Club Inc Towson, MD | $609,098 | $1,206,837 |
Swim And Racquet Club Columbus, OH | $2,677,814 | $1,163,525 |
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