Conneaut Boat Club
- Assets
- $348.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Conneaut, OH
- Founding
- 05/1982
- Data as of
- 12/2022
- EIN
- 34-0937834
Organization Overview
Conneaut Boat Club is located in Conneaut, OH. The organization was established in 1982. 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. Conneaut Boat Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Conneaut Boat Club generated $120.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $127.5k during the year ending 12/2022. While expenses have increased by 3.4% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Bidwell Commodore | 2 | $0 | |
Mark Ackworth Rear Commodore | 1 | $0 | |
Terry Turner Vice Commodore | 1 | $0 | |
Dennis Hills Secretary | 4 | $0 | |
Kerry Gerdes Treasurer | 4 | $0 | |
Harlan Smith Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $48,709 |
| Membership dues | $30,825 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $31,894 |
| Total Revenue | $120,777 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,468 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $69,330 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $42,724 |
| Total expenses | $127,522 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,618 |
| Other assets | $0 |
| Total assets | $348,598 |
| Total liabilities | $26,034 |
| Net assets or fund balances | $322,564 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Swiminc Inc Worthington, OH | $829,638 | $1,806,874 |
Michigan Boating Industries Assoc Commerce Township, MI | $6,848,061 | $1,258,585 |
Carmel Swim Club Carmel, IN | $1,078,759 | $1,620,809 |
Vermilion Boat Club Inc Vermilion, OH | $883,885 | $1,475,888 |
Swim And Racquet Club Columbus, OH | $2,677,814 | $1,163,525 |
Usa Swimming Inc Blue Bell, PA | $1,171,270 | $977,140 |
Scranton Canoe Club Lake Winola, PA | $1,120,318 | $1,020,195 |
Elba-Mar Boat Club Grosse Ile, MI | $874,771 | $981,147 |
Club Wolverine Swimming Inc Ann Arbor, MI | $392,270 | $985,537 |
Collegiate Water Polo Association Bridgeport, PA | $228,874 | $712,974 |
Dayton Raiders Facilities Inc Beavercreek, OH | $1,039,430 | $598,004 |
Emmaus Aquatic Club Emmaus, PA | $617,320 | $944,594 |