Montgomery Sycamore Island Club is located in Bethesda, MD. The organization was established in 2005. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, 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. Montgomery Sycamore Island Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Montgomery Sycamore Island Club generated $108.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $108.5k during the year ending 12/2023. 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
MONTGOMERY SYCAMORE ISLAND CLUB ("MSIC") OWNS TWO ISLANDS IN THE POTOMAC RIVER: SYCAMORE ISLAND AND RUPERTS ISLAND. MSIC HAS APPROXIMATELY 330 MEMBER FAMILIES. ACTIVITIES AVAILABLE TO MEMBERS: CANOEING FLAT-WATER CANOEING CAN BE ENJOYED IN THE QUIET WATER AROUND THE ISLANDS. THE CLUB MAINTAINS A CANOE-SHED TO STORE MEMBER-OWNED CANOES. THE CLUB ALSO OWNS SEVERAL CANOES AND KAYAKS WHICH ARE STORED SEPARATELY THAT CAN BE USED BY MEMBERS AND THEIR GUESTS. SWIMMING THE SWIMMING DOCK AND FLOAT ARE LOCATED AT THE UPSTREAM END OF SYCAMORE ISLAND ON THE VIRGINIA SIDE. FISHING CATFISH AND CARP ARE PLENTIFUL NEAR THE ISLANDS. SMALLMOUTH BASS, WALLEYE, TIGER-MUSKIES AND BLUEGILLS CAN BE FOUND IN THE SWIFT WATER A SHORT DISTANCE UPSTREAM. GAMES THERE IS VOLLEYBALL AND CROQUET EQUIPMENT FOR OUTDOORS, AND A POOL TABLE AND A PING-PONG TABLE IN THE CLUBHOUSE. EVENTS ORGANIZED ANNUAL CLUB ACTIVITIES INCLUDE A SPRINGTIME WILDFLOWER WALK, FISHING DERBY, THE SYCAMORE ISLAND REGATTA, AN OLD TIMER'S POTLUCK LUNCH AND THE SPRING AND FALL WORKFESTS. THE CLUB ALSO ANNUALLY CO-HOSTS THE POTOMAC RIVER DOWNRIVER RACE EACH SPRING WITH THE CANOE CRUISERS ASSOCIATION. PICNICS GRILLS ARE AVAILABLE FOR BARBECUING AND PICNIC TABLES ARE LOCATED ALL OVER SYCAMORE ISLAND FOR THE USE AND CONVENIENCE OF MEMBERS AND THEIR GUESTS. CAMPING IS ALLOWED WITH ADVANCED NOTICE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anne Waidmann President | 15 | $0 | |
Vicki Judson Vice President | 10 | $0 | |
Alec Graham Captain | 10 | $0 | |
Michael Kessler Deputy Captain | 10 | $0 | |
Steve Theriot Treasurer | 10 | $0 | |
Sherry Fizdale Financial Secretary | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $108,235 |
Investment income | $99 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $108,359 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $60,969 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $39,453 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $8,048 |
Total expenses | $108,470 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $122,670 |
Other assets | $0 |
Total assets | $333,580 |
Total liabilities | $6,121 |
Net assets or fund balances | $327,459 |