Momence Anchor Club
- Assets
- $234.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Momence, IL
- Founding
- 04/1958
- Data as of
- 03/2023
- EIN
- 36-6111381
Organization Overview
Momence Anchor Club is located in Momence, IL. The organization was established in 1958. 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. Momence Anchor Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 03/2023, Momence Anchor Club generated $33.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $31.0k during the year ending 03/2023. 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 MOMENCE ANCHOR CLUB SUPPORTS AND PARTICIPATES IN THE ANNUAL KANKAKEE RIVER CLEANUP PROJECT TO ENHANCE THE BEAUTY OF A BOATING EXPERIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederick Meyer Jr Commodore | 6 | $0 | |
Leonard Keller Rear Commodore | 2 | $0 | |
Phil Ward Treasurer | 4 | $0 | |
Leonard Keller Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,555 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,426 |
| Other Revenue | $0 |
| Total Revenue | $32,973 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $2,372 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $150 |
| Occupancy, rent, utilities, and maintenance | $9,610 |
| Printing, publications, postage, and shipping | $295 |
| Other expenses | $18,606 |
| Total expenses | $31,033 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,840 |
| Other assets | $0 |
| Total assets | $234,106 |
| Total liabilities | $0 |
| Net assets or fund balances | $234,106 |