American Model Yachting Assn
- Assets
- $68.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, MA
- Founding
- 09/1977
- Data as of
- 09/2023
- EIN
- 23-7287839
Organization Overview
American Model Yachting Assn is located in Wilmington, MA. The organization was established in 1977. 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. American Model Yachting Assn is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2023, American Model Yachting Assn generated $108.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $99.4k during the year ending 09/2023. While expenses have increased by 1.7% 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
PRINTING AND DELIVERY TO MEMBERS OF MODEL YACHTING MAGAZINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chuck Millican President | 0 | $0 | |
Donald Ouimette Vice Preside | 0 | $0 | |
Robert Shapiro Treasurer | 0 | $0 | |
Ron Sieloff Executive Se | 0 | $0 | |
Robert Hill Director | 0 | $0 | |
Dave Branning Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $19,160 |
| Membership dues | $88,740 |
| Investment income | $582 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $108,482 |
| 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 | $595 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $36,911 |
| Other expenses | $61,935 |
| Total expenses | $99,441 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,434 |
| Other assets | $0 |
| Total assets | $68,434 |
| Total liabilities | $0 |
| Net assets or fund balances | $68,434 |