Kenilworth Sailing Club
- Assets
- $54.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kenilworth, IL
- Founding
- 03/1969
- Data as of
- 10/2022
- EIN
- 36-2662584
Organization Overview
Kenilworth Sailing Club is located in Kenilworth, IL. The organization was established in 1969. 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. Kenilworth Sailing Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 10/2022, Kenilworth Sailing Club generated $50.2k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $50.4k during the year ending 10/2022. 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
SAILING LESSONS GIVEN BY KENILWORTH SAILING CLUB PERSONNEL. APPROXIMATELY 75 STUDENTS BENEFITTED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Nodine Commodore | 10 | $0 | |
Edward Forsberg Treasurer | 2 | $0 | |
Cindy Baur Membership | 2 | $0 | |
Debbie Zelten Camp Director | 2 | $0 | |
Lee Ann Shay Camp Director | 2 | $0 | |
Chris Ottsen Assoc Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $15,330 |
| Membership dues | $34,910 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,240 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,160 |
| Professional fees and other payments to independent contractors | $400 |
| Occupancy, rent, utilities, and maintenance | $1,000 |
| Printing, publications, postage, and shipping | $708 |
| Other expenses | $13,138 |
| Total expenses | $50,406 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,899 |
| Other assets | $0 |
| Total assets | $54,899 |
| Total liabilities | $0 |
| Net assets or fund balances | $54,899 |
Peer Organizations
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|---|---|---|
Grow Boating Inc Chicago, IL | $0 | $3,002,017 |
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New Trier Aquatics Winnetka, IL | $670,855 | $1,422,426 |
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Waukesha Express Swim Team Inc Waukesha, WI | $109,829 | $1,001,501 |
Usa Swimming Inc New London, WI | $201,918 | $903,511 |
Downers Grove Swim And Raquet Club Downers Grove, IL | $1,117,120 | $881,688 |
West Swim Club Inc Willowbrook, IL | $811,668 | $867,248 |
Southeastern Swim Club Incorporated Fishers, IN | $283,230 | $634,562 |
Sailing Education Association Of Sheboygan Inc Sheboygan, WI | $3,043,659 | $639,193 |