Propeller Club Of The United States Port Of Galveston No 10
- Assets
- $136.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Galveston, TX
- Founding
- 01/1977
- Data as of
- 06/2021
- EIN
- 74-1893791
Organization Overview
Propeller Club Of The United States Port Of Galveston No 10 is located in Galveston, TX. The organization was established in 1977. 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 Galveston No 10 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 06/2021, Propeller Club Of The United States Port Of Galveston No 10 generated $33.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.3%) each year. All expenses for the organization totaled $27.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (16.8%) per year over the past 6 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 |
|---|---|---|---|
Eddie Janek President | 0 | $0 | |
John Schwarz Vice Preside | 0 | $0 | |
Albert Choate Vice Preside | 0 | $0 | |
Michael Ford Secretary-Tr | 0 | $0 | |
Earl Kalsnes Board Of Gov | 0 | $0 | |
H L Smith Past Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $21,057 |
| Membership dues | $9,820 |
| Investment income | $2,538 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,415 |
| 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 | $4,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,440 |
| Total expenses | $27,460 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,135 |
| Other assets | $0 |
| Total assets | $136,135 |
| Total liabilities | $0 |
| Net assets or fund balances | $136,135 |
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