Georges Mills Boat Club
- Assets
- $193.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New London, NH
- Founding
- 03/1991
- Data as of
- 12/2023
- EIN
- 02-0440331
Organization Overview
Georges Mills Boat Club is located in New London, NH. The organization was established in 1991. 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. Georges Mills Boat 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, Georges Mills Boat Club generated $84.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $67.0k during the year ending 12/2023. While expenses have increased by 4.7% per year over the past 8 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
THE ASSOCIATION IS A BOAT CLUB ESTABLISHED FOR THE ENJOYMENT OF ITS 56 MEMBERS AND THEIR GUESTS. LOCATED IN GEORGES MILLS, NEW HAMPSHIRE, THE ASSOCIATION PROVIDES ITS MEMBERS WITH BOAT SLIP USAGE; SLIP RENTALS; ACCESS TO SWIMMING, CLUBHOUSE,AND PICNIC FACILITIES; BOAT STORAGE; AND VARIOUS SOCIAL ACTIVITIES. IN ADDITION VACATION ACCOMODATIONS ARE AVAILABLE TO THE MEMBERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert S Brown Director | 2 | $0 | |
Donald A Eberly Vice President | 2 | $0 | |
Steven C Root ESQ Treasurer | 2 | $0 | |
Theodore J Dascoli President | 6 | $0 | |
Charles Hafner Director | 2 | $0 | |
Steven Theroux Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $12,024 |
| Membership dues | $71,400 |
| Investment income | $702 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,126 |
| 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 | $10,485 |
| Occupancy, rent, utilities, and maintenance | $29,451 |
| Printing, publications, postage, and shipping | $548 |
| Other expenses | $26,511 |
| Total expenses | $66,995 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $118,245 |
| Other assets | $0 |
| Total assets | $193,030 |
| Total liabilities | $4,021 |
| Net assets or fund balances | $189,009 |