Muscle Shoals Sailing Association Inc

Organization Overview

Muscle Shoals Sailing Association Inc is located in Killen, AL. The organization was established in 1994. 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. Muscle Shoals 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, Muscle Shoals Sailing Association Inc generated $68.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $52.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

EXISTING AND OPERATING A SOCIAL CLUB

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO MAINTAIN A PLACE FOR STORAGE, MAINTENANCE AND REPAIR OF BOATS; TO INSTRUCT AND PRACTICE THE SAILING OF BOATS WITHOUT MOTORS; TO FOSTER THE USE AND ENJOYMENT OF BOATS AND SOCIAL ACTIVITIES OF OTHERS INTERESTED IN BOATS, SPONSER AND PROMOTE REGATTAS.


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Board, Officers & Key Employees

Name (title)Compensation
Wes Brown
Treasurer
$0
Mike Harwood
Secretary
$0
Ferdinand Jones
President
$0

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$25,637
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$25,637
Total Program Service Revenue$43,047
Investment income $87
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$312
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $68,459

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