Cowan Lake Sailing Association
- Assets
- $310.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lewis Center, OH
- Founding
- 08/1957
- Data as of
- 12/2022
- EIN
- 31-6035755
Organization Overview
Cowan Lake Sailing Association is located in Lewis Center, OH. The organization was established in 1957. 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. Cowan Lake Sailing Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Cowan Lake Sailing Association generated $91.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $77.1k during the year ending 12/2022. 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 |
|---|---|---|---|
Howard Miller Commodore | 10 | $0 | |
Steve Fader Vice-Commodo | 5 | $0 | |
Tom Antunes Secretary | 5 | $0 | |
Pete Japikse Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,064 |
| Total Program Service Revenue | $3,464 |
| Membership dues | $84,300 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $932 |
| Total Revenue | $91,768 |
| 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 | $1,045 |
| Occupancy, rent, utilities, and maintenance | $23,654 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $52,381 |
| Total expenses | $77,080 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $152,614 |
| Other assets | $0 |
| Total assets | $310,204 |
| Total liabilities | $0 |
| Net assets or fund balances | $310,204 |