Water Sports Industry Association Inc

Organization Overview

Water Sports Industry Association Inc is located in Orlando, FL. The organization was established in 1987. According to its NTEE Classification (N03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Water Sports Industry Association Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Water Sports Industry Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2023, Water Sports Industry Association Inc generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.0% each year . All expenses for the organization totaled $1.6m during the year ending 12/2023. While expenses have increased by 15.4% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

A TRADE ASSOCIATION THAT PROMOTES AND PROTECTS TOWED WATER SPORTS ACTIVITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INDUSTRY ADVOCATE THAT COMMUNICATES, PRODUCES, AND DISTRIBUTES SAFETY AND EDUCATIONAL MATERIALS FOR TOWED WATER SPORTS.


INDUSTRY ADVOCATE THAT COMMUNICATES, PRODUCES, AND DISTRIBUTES SAFETY AND EDUCATIONAL MATERIALS FOR TOWED WATER SPORTS.


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Board, Officers & Key Employees

Name (title)Compensation
Rachael Green
Secretary
$0
Daniel Luby
Director
$0
Brian Seti
Director
$0
Jay Povlin
Director
$0
Robert Oswell
President
$0
Cj Vlahovich
Vice 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$13,804
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$13,804
Total Program Service Revenue$1,755,710
Investment income $1,447
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $25,929
Miscellaneous Revenue$0
Total Revenue $1,796,890

Grants Awarded

Over the last fiscal year, Water Sports Industry Association Inc has awarded $72,000 in support to 7 organizations.

Grant RecipientAmount

ASSEMBLY DEMOCRATIC CAMPAIGN COMMITTEE

PURPOSE: GENERAL SUPPORT

$4,000

COMMITTEE TO ELECT A REPUBLICAN SENATE

PURPOSE: GENERAL SUPPORT

$12,000

DEMOCRATIC LEGISLATIVE CAMPAIGN COMMITTEE

PURPOSE: GENERAL SUPPORT

$15,000

PUBLIC AFFAIRS COMPANY INC

PURPOSE: GENERAL SUPPORT

$10,000

REPUBLICAN ASSEMBLY CAMPAIGN COMMITTEE

PURPOSE: GENERAL SUPPORT

$12,000

REPUBLICAN STATE LEADERSHIP COMMITTEE

PURPOSE: GENERAL SUPPORT

$15,000
View Grant Profile

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North Florida Section Professional Golfers Association
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$2,100,948
Water Sports Industry Association Inc
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$1,796,890
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Naiop Central Florida Chapter
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American Hockey Coaches Association
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$241,338
International Womens Fishing Association
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$0
Southern Eagle Football Officials Association Inc
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$127,092
Southeastern Fisheries Association Inc
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$0
Birmingham Area Tennis Association Inc
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Camp Frank D Merrill Non Commissioned Officer Association
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