Hillsboro Inlet Sailing Club Inc
- Assets
- $130.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lighthouse Point, FL
- Founding
- 09/1977
- Data as of
- 02/2022
- EIN
- 59-1705899
Organization Overview
Hillsboro Inlet Sailing Club Inc is located in Lighthouse Point, FL. The organization was established in 1977. 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. Hillsboro Inlet Sailing 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 02/2022, Hillsboro Inlet Sailing Club Inc generated $43.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $63.7k during the year ending 02/2022. 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 |
|---|---|---|---|
Ross Hunton Commodore | 0 | $0 | |
Joe Gomez Treasurer | 0 | $0 | |
Mike Megarity Vice Commodo | 0 | $0 | |
Eduardo Rabadan Rear Commodo | 0 | $0 | |
Robert Odell Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $13,664 |
| Membership dues | $29,340 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $43,009 |
| 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 | $314 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,838 |
| Other expenses | $57,558 |
| Total expenses | $63,710 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,076 |
| Other assets | $0 |
| Total assets | $130,455 |
| Total liabilities | $0 |
| Net assets or fund balances | $130,455 |
Peer Organizations
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|---|---|---|
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Usa Swimming Inc Minneola, FL | $982,345 | $1,492,508 |
Sarasota Crew Inc Osprey, FL | $3,089,613 | $2,511,291 |
Water Sports Foundation Inc Orlando, FL | $355,212 | $1,138,831 |
Huntsville Swim Association Huntsville, AL | $601,008 | $1,169,266 |
Sarasota Sharks Incorporated Sarasota, FL | $1,254,329 | $1,187,905 |
Athens Bulldog Swim Club Inc Hull, GA | $405,540 | $725,242 |
Palm Beach Sailing Club Inc West Palm Beach, FL | $1,088,323 | $782,714 |
Coconut Grove Sailing Club Instructional Center Inc Miami, FL | $284,549 | $710,117 |
Sarasota Sailing Squadron Inc Sarasota, FL | $2,108,235 | $790,673 |
The Chastain Park Athletic Club Inc Atlanta, GA | $522,043 | $805,650 |