Namequoit Sailing Association Inc
- Assets
- $38.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Orleans, MA
- Founding
- 03/2000
- Data as of
- 12/2023
- EIN
- 06-0803110
Organization Overview
Namequoit Sailing Association Inc is located in Orleans, MA. The organization was established in 2000. 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. Namequoit Sailing 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.
For the year ending 12/2023, Namequoit Sailing Association Inc generated $173.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $202.2k during the year ending 12/2023. While expenses have increased by 15.9% 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
TO DEVELOP AN INTEREST IN SAILING AND TO PROMOTE A KNOWLEDGE OF SAFTY ON THE WATER. OFFER JUNIOR SAILING PROGRAMS TO INSTILL THE JOY OF SAILING AND TO TEACH SAILING AND RACING SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alix Heilala Treasurer | 3 | $0 | |
Chip Bechtold Past Commodore | 3 | $0 | |
Helen Kelsey Secretary | 3 | $0 | |
Maura Terrell Vice Commodore | 3 | $0 | |
Robert Michaels Rear Commodore | 3 | $0 | |
Kevin Johnson Jr Sailing Program Chair | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,190 |
| Total Program Service Revenue | $147,627 |
| Membership dues | $18,157 |
| Investment income | $325 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$224 |
| Other Revenue | $0 |
| Total Revenue | $173,730 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $57,688 |
| Professional fees and other payments to independent contractors | $1,914 |
| Occupancy, rent, utilities, and maintenance | $47,648 |
| Printing, publications, postage, and shipping | $257 |
| Other expenses | $94,725 |
| Total expenses | $202,232 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,593 |
| Other assets | $0 |
| Total assets | $38,593 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,593 |