Chesapeake Commodores Club is located in Rosedale, MD. The organization was established in 1979. 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. Chesapeake Commodores 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, Chesapeake Commodores Club generated $13.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $12.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 8 years. 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 PROMOTE SAFE BOATING THROUGH EDUCATION AND TRAINING
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Winterling Vice Commodore | 10 | $0 | |
Michele Speicher Alloco Commodore | 10 | $0 | |
Paul Dolan Rear Commodore | 10 | $0 | |
Matt Toolan Fleet Captain | 10 | $0 | |
Barry Scott Treasurer | 10 | $0 | |
Janet Yodris Secretary | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,470 |
| Investment income | $1,819 |
| Gain or Loss | $40 |
| Net Income from Gaming & Fundraising | -$4,752 |
| Other Revenue | $109 |
| Total Revenue | $13,885 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,914 |
| Other expenses | $10,063 |
| Total expenses | $11,977 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $166,527 |
| Other assets | $0 |
| Total assets | $166,527 |
| Total liabilities | $104,603 |
| Net assets or fund balances | $61,924 |