Virgin Islands Power Boat Racing Association Inc
- Assets
- $25.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Thomas, VI
- Founding
- 11/2019
- Data as of
- 12/2023
- EIN
- 66-0914722
Organization Overview
Virgin Islands Power Boat Racing Association Inc is located in St Thomas, VI. The organization was established in 2019. 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. Virgin Islands Power Boat Racing Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elroy Donovan President | 5 | $0 | |
Roshanna Malone Vice President | 5 | $0 | |
Cheryl Charleswell Secretary | 5 | $0 | |
Cedric Rogers Treasurer | 5 | $0 | |
Gunther Carlson Assistant Treasurer | 5 | $0 | |
Joseph Cranston Board Chair | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $194 |
| Other Revenue | $0 |
| Total Revenue | $76,194 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $75,617 |
| Total expenses | $75,617 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,796 |
| Other assets | $0 |
| Total assets | $25,796 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,796 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virgin Islands Olympic Committee Inc St Croix, VI | $0 | $710,354 |
St Croix Swimming Association Kingshill, VI | $309,462 | $298,058 |
St Thomas Swimming Association Inc St Thomas, VI | $639,407 | $258,049 |
Lrvi Fc St Thomas, VI | $15,130 | $222,038 |
St Croix Education Initiative Inc Kingshill, VI | $219,892 | $393,114 |