Off Soundings Club
- Assets
- $80.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Niantic, CT
- Founding
- 03/2008
- Data as of
- 12/2023
- EIN
- 23-7440166
Organization Overview
Off Soundings Club is located in Niantic, CT. The organization was established in 2008. 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. Off Soundings Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Off Soundings Club generated $76.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $77.9k during the year ending 12/2023. While expenses have increased by 1.7% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Kuryla Commodore | 3 | $0 | |
Bill Tyler Vice Commodore | 3 | $0 | |
James Rich Rear Commodore | 3 | $0 | |
Steven Marenakos Treasurer | 3 | $0 | |
Brian Gibbs Clerk | 1 | $0 | |
Kathy Nauber Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,355 |
| Total Program Service Revenue | $43,434 |
| Membership dues | $26,071 |
| Investment income | $1,069 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,742 |
| Total Revenue | $76,671 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $5,545 |
| Other expenses | $70,154 |
| Total expenses | $77,899 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,592 |
| Other assets | $0 |
| Total assets | $80,592 |
| Total liabilities | $0 |
| Net assets or fund balances | $80,592 |