Elba-Mar Boat Club

Organization Overview

Elba-Mar Boat Club is located in Grosse Ile, MI. The organization was established in 1954. 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. As of 09/2022, Elba-Mar Boat Club employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elba-Mar 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 09/2022, Elba-Mar Boat Club generated $981.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $948.8k during the year ending 09/2022. While expenses have increased by 2.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTION OF SAFE BOATING AND MEMBER ACTIVITIES

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTOED SAFE BOATING TECHNIQUES VIA CLUB SOCIAL FUNCTIONS AND HELD VARIOUS SOCIAL PROGRAMS FOR CLUB MEMBERS THROUGHOUT THE YEAR, THE ENTIRE MEMBERSHIP OF THE CLUB BENEFITED FROM THESE PROGRAMS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$886,658
Investment income $16
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,507
Net Income from Fundraising Events $0
Net Income from Gaming Activities $12,924
Net Income from Sales of Inventory $18,989
Miscellaneous Revenue$0
Total Revenue $981,147

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