Shoquoquon Boat Club Inc
- Assets
- $322.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Burlington, IA
- Founding
- 02/2001
- Data as of
- 12/2022
- EIN
- 42-6075527
Organization Overview
Shoquoquon Boat Club Inc is located in Burlington, IA. The organization was established in 2001. 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. Shoquoquon 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, Shoquoquon Boat Club Inc generated $58.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $49.2k during the year ending 12/2022. While expenses have increased by 3.3% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY PURPOSE IS THE CREATION AND MAINTENANCE OF A CENTRAL BOATING ACTIVITY IN BURLINGTON, IA, PROMOTE INTERESTS OF SAFE BOATING AND NAVIGATING ON THE MISSISSIPPI RIVER.
Describe the Organization's Program Activity:
Part 3
THE PRIMARY PURPOSE IS THE CREATION AND MAINTENANCE OF A CENTRAL BOATING ACTIVITY IN BURLINGTON, IA, AND TO PROMOTE INTERESTS OF SAFE BOATING AND NAVIGATING ON THE MISSISSIPPI RIVER.
CREATION AND MAINTENANCE OF A CENTRAL BOATING ACTIVITY IN BURLINGTON, IA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monty Ward Vice Preside | 0 | $0 | |
Dick Palmer President | 0 | $0 | |
Dusty Palmer Treasurer | 0 | $0 | |
Lance Beckman Director | 0 | $0 | |
Jeff Glasgow Director | 0 | $0 | |
Gary Brueck Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,200 |
| Total Program Service Revenue | $18,575 |
| Membership dues | $30,950 |
| Investment income | $102 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,988 |
| Other Revenue | $622 |
| Total Revenue | $58,437 |
| 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 | $21,627 |
| Printing, publications, postage, and shipping | $231 |
| Other expenses | $27,351 |
| Total expenses | $49,209 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,757 |
| Other assets | $0 |
| Total assets | $322,827 |
| Total liabilities | $0 |
| Net assets or fund balances | $322,827 |