Seven Seas Cruising Association Inc
- Assets
- $138.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Trenton, NJ
- Founding
- 09/1976
- Data as of
- 06/2022
- EIN
- 59-1669131
Organization Overview
Seven Seas Cruising Association Inc is located in Trenton, NJ. The organization was established in 1976. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Seven Seas Cruising Association Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seven Seas Cruising Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2022, Seven Seas Cruising Association Inc generated $125.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $115.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
SSCA HAS VARIOUS CRUISING CONFERENCES AND GAMS, BOTH FORMAL AND INFORMAL, AND SPONSORS SEVEN SEAS U IN ORDER TO HELP MEMBERS AND NONMEMBERS ACQUIRE THE SKILLS AND KNOWLEDGE REQUIRED TO BE A SUCCESSFUL CRUISER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Conover President | 5 | $0 | |
Frank Smith Vice President | 5 | $0 | |
Don Gillings Treasurer | 5 | $0 | |
Skip Gundlach Secretary | 5 | $0 | |
Bill Cullen Director | 5 | $0 | |
Neil Davies Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $125,688 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5 |
| Total Revenue | $125,693 |
| 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 | $61,745 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $911 |
| Other expenses | $52,570 |
| Total expenses | $115,226 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $132,272 |
| Other assets | $0 |
| Total assets | $138,523 |
| Total liabilities | $50,399 |
| Net assets or fund balances | $88,124 |