Chetek Hydroflites Incorporated
- Assets
- $245.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chetek, WI
- Founding
- 05/2013
- Data as of
- 12/2023
- EIN
- 39-1673165
Organization Overview
Chetek Hydroflites Incorporated is located in Chetek, WI. The organization was established in 2013. 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. Chetek Hydroflites Incorporated 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, Chetek Hydroflites Incorporated generated $54.5k 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 (5.4%) each year. All expenses for the organization totaled $53.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.4%) 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
CONDUCTED CLINICS AND SHOWS TO EDUCATE INDIVIDUALS ON THE APPROPRIATE TECHNIQUES, RULES, REGULATIONS, AND SAFETY INVOLVED IN THE ACTIVITIES OF WATERSKIING AND BOATING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janene Haselhuhn Vice Preside | 1 | $0 | |
David Peters Treasurer | 1 | $0 | |
Kayla Stankowski Secretary | 1 | $0 | |
Ryan Dewey Director | 1 | $0 | |
Joshua Huseth Director | 1 | $0 | |
Justin Books Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,178 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,825 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,659 |
| Other Revenue | $15,113 |
| Total Revenue | $54,533 |
| 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 | $1,630 |
| Occupancy, rent, utilities, and maintenance | $5,338 |
| Printing, publications, postage, and shipping | $596 |
| Other expenses | $46,297 |
| Total expenses | $53,861 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,409 |
| Other assets | $0 |
| Total assets | $245,781 |
| Total liabilities | $13,134 |
| Net assets or fund balances | $232,647 |