Virginia Inland Sailing Association Inc
- Assets
- $333.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hardy, VA
- Founding
- 05/1966
- Data as of
- 12/2021
- EIN
- 54-0794753
Organization Overview
Virginia Inland Sailing Association Inc is located in Hardy, VA. The organization was established in 1966. 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. Virginia Inland Sailing Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Virginia Inland Sailing Association Inc generated $196.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $139.4k during the year ending 12/2021. While expenses have increased by 0.1% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela D Poldiak Treasurer | 5 | $0 | |
Christopher Chittum Commodore (president) | 10 | $0 | |
Ben Brown Vice Commodore | 2 | $0 | |
Richard Philippe Facilities Director | 10 | $0 | |
Lisa Allison Jones Secretary | 5 | $0 | |
Michael Curl Fleet Captain | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,280 |
| Total Program Service Revenue | $81,212 |
| Membership dues | $102,831 |
| Investment income | $10,905 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $196,228 |
| 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 | $18,824 |
| Occupancy, rent, utilities, and maintenance | $105,511 |
| Printing, publications, postage, and shipping | $550 |
| Other expenses | $14,476 |
| Total expenses | $139,361 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $333,046 |
| Other assets | $0 |
| Total assets | $333,046 |
| Total liabilities | $0 |
| Net assets or fund balances | $333,046 |
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