Propeller Club Of The United States Port Of Tacoma
- Assets
- $355.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tacoma, WA
- Founding
- 03/1945
- Data as of
- 12/2022
- EIN
- 91-6055130
Organization Overview
Propeller Club Of The United States Port Of Tacoma is located in Tacoma, WA. The organization was established in 1945. 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. Propeller Club Of The United States Port Of Tacoma is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Propeller Club Of The United States Port Of Tacoma generated $116.0k 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 $134.1k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE PROPELLER CLUB IS A MEMBERSHIP ORGANIZATION THAT BRINGS TOGETHER OVER 240 MEMBERS TO SUPPORT THE MARITIME INDUSTRY. MEMBERS ARE PROVIDED WITH INFORMATION AND EDUCATION. THE INDUSTRY'S PUBLIC IMAGE IS IMPROVED THROUGH EDUCATION CAMPAIGNS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Vincent President | 5 | $0 | |
Dave Rink Immediate Past President | 1 | $0 | |
Tom Rogers Director | 1 | $0 | |
Nick Nickolas Director | 1 | $0 | |
Terry Velasco Director | 1 | $0 | |
Candy Nigretto Executive Director | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,446 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,015 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $11,507 |
| Total Revenue | $115,968 |
| 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 | $1,470 |
| Occupancy, rent, utilities, and maintenance | $4,370 |
| Printing, publications, postage, and shipping | $1,526 |
| Other expenses | $92,039 |
| Total expenses | $134,054 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $354,912 |
| Other assets | $0 |
| Total assets | $355,082 |
| Total liabilities | $0 |
| Net assets or fund balances | $355,082 |