United States Power Squadrons
- Assets
- $103.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Toa Alta, PR
- Founding
- 02/1968
- Data as of
- 12/2020
- EIN
- 66-0272715
Organization Overview
United States Power Squadrons is located in Toa Alta, PR. The organization was established in 1968. 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 a subordinate organization within an affiliated group for tax-exemption purposes. United States Power Squadrons is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, United States Power Squadrons generated $16.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (40.0%) each year. All expenses for the organization totaled $15.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (41.0%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
PROVIDEBOATINGCOURSESTOTHECOMMUNITY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Antonio Echevarria Executive Officer | 5 | $0 | |
Ricardo L Negron Yunque Commander | 5 | $0 | |
Roberto Rivera Educational Officer | 5 | $0 | |
Ana Rivera Administrative Officer | 5 | $0 | |
Alejandro Aquirrechu Secretary | 5 | $0 | |
Noel Rodriquez Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $14,519 |
| Membership dues | $0 |
| Investment income | $2,342 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,861 |
| 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 | $1,500 |
| Occupancy, rent, utilities, and maintenance | $4,670 |
| Printing, publications, postage, and shipping | $338 |
| Other expenses | $9,193 |
| Total expenses | $15,701 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,501 |
| Other assets | $0 |
| Total assets | $103,034 |
| Total liabilities | $2,422 |
| Net assets or fund balances | $100,612 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fondo Permanente Para La Administracion Operacion Y Salinas, PR | $27,112,601 | $3,740,055 |
Federacion Puertorriquena De Futbol San Juan, PR | $164,584 | $3,226,567 |
The Young Mens Christian Association Of San Juan San Juan, PR | $5,863,822 | $2,085,727 |
World Boxing Organization Inc San Juan, PR | $3,002,037 | $2,099,484 |
Punta Borinquen Golf And Country Club Inc Aguadilla, PR | $579,853 | $1,018,273 |
Extra Bases Inc Aguadilla, PR | $576,790 | $207,984 |