Grande Maumelle Sailing Club
- Assets
- $174.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 03/1969
- Data as of
- 12/2023
- EIN
- 71-6066545
Organization Overview
Grande Maumelle Sailing Club is located in Little Rock, AR. The organization was established in 1969. 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. Grande Maumelle Sailing Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Grande Maumelle Sailing Club generated $151.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $163.4k during the year ending 12/2023. While expenses have increased by 10.2% per year over the past 5 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SOCIAL ACTIVITIES INCLUDE REGATTAS FLEET RACES AN ANNUAL MEETING THE SPRING FLING THE FALL BALL AND SEMI-ANNUAL LAKE CLEAN-UPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Michaels Commodore | 10 | $0 | |
Gregory Hamilton Treasurer | 12 | $0 | |
Yates Phillips Secretary | 8 | $0 | |
Sherri Jo Mclemore Vice Commodore | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $114,931 |
| Investment income | $779 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $35,586 |
| Total Revenue | $151,296 |
| 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 | $53,126 |
| Printing, publications, postage, and shipping | $4,119 |
| Other expenses | $106,107 |
| Total expenses | $163,352 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,924 |
| Other assets | $0 |
| Total assets | $174,176 |
| Total liabilities | $0 |
| Net assets or fund balances | $174,176 |