Backwater Gamblers Waterski Club Inc is located in Rock Island, IL. The organization was established in 2005. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Backwater Gamblers Waterski Club Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Backwater Gamblers Waterski Club Inc generated $198.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $113.7k during the year ending 12/2023. While expenses have increased by 7.1% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES FREE WATER SKI ENTERTAINMENT SHOWS AND PROVIDES LESSONS TO DISABLED COMMUNITY MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gene Hast President | 2 | $0 | |
Dennis Heggen Director | 2 | $0 | |
Susan Michelle Jepsen Secretary | 2 | $0 | |
Teresa Hoffman Director | 2 | $0 | |
Mark Poulos Director | 2 | $0 | |
Brady Judge Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $189,075 |
Total Program Service Revenue | $0 |
Membership dues | $3,413 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $780 |
Other Revenue | $0 |
Total Revenue | $198,853 |
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 | $0 |
Other expenses | $113,714 |
Total expenses | $113,714 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $183,263 |
Other assets | $0 |
Total assets | $202,571 |
Total liabilities | $0 |
Net assets or fund balances | $202,571 |