The Landing Boat Club
- Assets
- $296.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 03/1989
- Data as of
- 12/2022
- EIN
- 94-3060996
Organization Overview
The Landing Boat Club is located in Portland, OR. The organization was established in 1989. 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. Landing Boat Club 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, Landing Boat Club generated $111.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $109.7k during the year ending 12/2022. While expenses have increased by 6.6% per year over the past 4 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
CLUB OWNS AND OPERATES A SMALL MARINA ON THE WILLAMETTE RIVER PROVIDING MEMBERS A SECURE, CONVENIENT LOCATION TO STORE AND USE THEIR BOATS AND TO FOSTER SOCIAL INTERACTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Dahl President | 4 | $0 | |
Chris Rakozy Treasurer | 4 | $0 | |
Kevin Miles Secretary | 3 | $0 | |
Dan Neal Director | 1 | $0 | |
Jeremy Stemme Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $105,232 |
| Investment income | $6,412 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $111,644 |
| 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 | $13,342 |
| Occupancy, rent, utilities, and maintenance | $23,959 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $72,372 |
| Total expenses | $109,673 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $241,854 |
| Other assets | $0 |
| Total assets | $296,688 |
| Total liabilities | $250,433 |
| Net assets or fund balances | $46,255 |