Lorain Harbor Boat Club Inc
- Assets
- $199.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lorain, OH
- Founding
- 04/1997
- Data as of
- 12/2022
- EIN
- 34-1845824
Organization Overview
Lorain Harbor Boat Club Inc is located in Lorain, OH. The organization was established in 1997. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Lorain Harbor Boat Club Inc 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, Lorain Harbor Boat Club Inc generated $174.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $77.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Petticord Commodore Of Club | 5 | $0 | |
Wesley Scott Treasurer | 20 | $0 | |
Robert Englehart Kitchen/bar Operations For Members | 10 | $0 | |
Robert Coffman Marina Manager | 15 | $0 | |
Claudia Kaspar Secretary | 2 | $0 | |
Michelle Mederer Rear Commodore | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $153,210 |
| Membership dues | $21,854 |
| Investment income | $1 |
| Gain or Loss | -$987 |
| Net Income from Gaming & Fundraising | $372 |
| Other Revenue | $0 |
| Total Revenue | $174,450 |
| 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 | $319 |
| Occupancy, rent, utilities, and maintenance | $12,944 |
| Printing, publications, postage, and shipping | $395 |
| Other expenses | $63,800 |
| Total expenses | $77,458 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,008 |
| Other assets | $0 |
| Total assets | $199,216 |
| Total liabilities | $75,472 |
| Net assets or fund balances | $123,744 |