Master Mariners Benevolent Associat is located in Sausalito, CA. The organization was established in 1979. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Master Mariners Benevolent Associat is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Master Mariners Benevolent Associat generated $12.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $13.2k during the year ending 12/2022. While expenses have increased by 3.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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 ORGANIZATION PROMOTES AND RUNS A SAILING REGATTA BRINGING CHILDREN AND ADULTS TOGETHER FOR A DEMONSTRATION OF TRADITIONAL SAILING VESSELS AND EXHIBITS OF THEIR MARITIME HERITAGE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hans List Commodore | 16 | $0 | |
Bill Conneely Jr Staff Com | 4 | $0 | |
Allen Gross Treasurer | 12 | $0 | |
Neil Gibbs Director | 4 | $0 | |
Lindsay Klaus Director | 2 | $0 | |
Elizabeth Diaz Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,235 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,967 |
| Other Revenue | $0 |
| Total Revenue | $12,854 |
| 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 | $575 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,586 |
| Total expenses | $13,161 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,867 |
| Other assets | $0 |
| Total assets | $19,867 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,867 |