Propeller Club Of The United States Port Of Mobile
- Assets
- $79.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mobile, AL
- Founding
- 09/1938
- Data as of
- 12/2019
- EIN
- 63-6049638
Organization Overview
Propeller Club Of The United States Port Of Mobile is located in Mobile, AL. The organization was established in 1938. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Propeller Club Of The United States Port Of Mobile 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 12/2019, Propeller Club Of The United States Port Of Mobile generated $55.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $58.6k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 5 years. 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 |
|---|---|---|---|
Terry Gilbreath Secretary | 6 | $0 | |
Wendy Crocker Board Member | 5 | $0 | |
Brian Harold Board Member | 3 | $0 | |
John Fountain President | 8 | $0 | |
Dave Berault Vice President | 3 | $0 | |
Tami Dembski Board Member | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $18,245 |
| Investment income | $374 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,956 |
| Other Revenue | $15,555 |
| Total Revenue | $55,130 |
| 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 | $990 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $52,688 |
| Total expenses | $58,623 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,702 |
| Other assets | $0 |
| Total assets | $79,702 |
| Total liabilities | $0 |
| Net assets or fund balances | $79,702 |
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