Salem Yacht And Boating Club
- Assets
- $135.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, OR
- Founding
- 05/1965
- Data as of
- 12/2021
- EIN
- 93-0509654
Organization Overview
Salem Yacht And Boating Club is located in Salem, OR. The organization was established in 1965. 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. Salem Yacht And Boating Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Salem Yacht And Boating Club generated $61.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $54.4k during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Bromley Commodore | 3 | $0 | |
Mel Bruce Vice Commodore | 3 | $0 | |
Sarah Nash Rear Commodore | 3 | $0 | |
Amber Forster Treasurer Finance Officer | 4 | $0 | |
Angela Stone Yeoman | 4 | $0 | |
Zak Stone Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $60,700 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $443 |
| Total Revenue | $61,143 |
| 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 | $50 |
| Occupancy, rent, utilities, and maintenance | $45,406 |
| Printing, publications, postage, and shipping | $218 |
| Other expenses | $8,770 |
| Total expenses | $54,444 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,704 |
| Other assets | $0 |
| Total assets | $134,975 |
| Total liabilities | $0 |
| Net assets or fund balances | $134,975 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rose Bowl Aquatics Center Pasadena, CA | $5,127,863 | $7,854,564 |
Long Beach Yacht Club Long Beach, CA | $10,813,572 | $4,722,646 |
De Anza Cupertino Aquatics San Jose, CA | $4,348,092 | $3,828,365 |
Mission Viejo Nadadores Foundation Mission Viejo, CA | $3,694,901 | $4,265,130 |
International Surfing Association Inc Cardiff, CA | $2,343,741 | $3,446,809 |
Wave Aquatics Kirkland, WA | $630,453 | $2,501,805 |
Quicksilver Swimming San Jose, CA | $998,718 | $2,395,041 |
Diving Equipment & Marketing Association San Diego, CA | $1,315,037 | $1,770,899 |
George Y Pocock Rowing Foundation Seattle, WA | $3,882,620 | $2,812,752 |
Santa Clara Aquamaids Synchronized Swimming Club Santa Clara, CA | $5,924,815 | $3,242,783 |
Santa Clara Swim Club Santa Clara, CA | $1,052,065 | $2,281,359 |
Newport Aquatic Center Newport Beach, CA | $1,854,816 | $2,283,685 |