Kailua Canoe Club Inc
- Assets
- $146.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kailua, HI
- Founding
- 09/2009
- Data as of
- 12/2022
- EIN
- 23-7190027
Organization Overview
Kailua Canoe Club Inc is located in Kailua, HI. The organization was established in 2009. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Kailua Canoe 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, Kailua Canoe Club Inc generated $111.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $97.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 6 years. 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
2022
Describe the Organization's Program Activity:
Part 3
PARTICIPATE IN VARIOUS CANOE RACING EVENTS AND OTHER CLUB ACTIVITIES AND PROMOTE INTERCLUB AND INTRASTATE CANOE RACING FOR APPROXIMATELY 300 CLUB MEMBERS.
PARTICIPATE IN VARIOUS CANOE RACING EVENTS AND OTHER CLUB ACTIVITIES AND PROMOTE INTERCLUB AND INTRASTATE CANOE RACING FOR APPROXIMATELY 300 CLUB MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Madden President | 1 | $0 | |
Mike Willett Vice Preside | 1 | $0 | |
Katherine Erwin Vice Preside | 1 | $0 | |
Corbett Kalama Vice Preside | 1 | $0 | |
Suzi Mechler Secretary | 1 | $0 | |
Monica Mosher-Cates Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,856 |
| Total Program Service Revenue | $7,340 |
| Membership dues | $72,571 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,809 |
| Other Revenue | $6,710 |
| Total Revenue | $111,944 |
| 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 | $5,105 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $92,795 |
| Total expenses | $97,900 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,627 |
| Other assets | $0 |
| Total assets | $146,734 |
| Total liabilities | $39 |
| Net assets or fund balances | $146,695 |