Spindle Rock Club Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 050402005 ✦ Adamsville, RI ✦ Designated as a 501(c)(7)

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Overview

What is Spindle Rock Club Inc?

Spindle Rock Club Inc is a nonprofit organization primarily dedicated to offering its members a delightful recreational experience. Situated in an unspecified location, the club serves as a social hub, providing seasonal dock and mooring facilities for its members. Beyond recreation, Spindle Rock Club Inc also nurtures young talents through its youth sailing program, where essential sailing skills are imparted. This program focuses on teaching the basics of sailing, thereby fostering a love for this aquatic sport.


Official website here: www.spindlerockclub.org

Is Spindle Rock Club Inc legitimate?

Spindle Rock Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Spindle Rock Club Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.spindlerockclub.org

What is the mission statement of Spindle Rock Club Inc?

The Spindle Rock Club Inc is dedicated to providing its members with enjoyable recreational activities and social opportunities. Its mission encompasses the operation and maintenance of docks and moorings for seasonal use by its members. Furthermore, the club offers an educational youth sailing program, where children learn the fundamental skills of sailing.


Official website here: www.spindlerockclub.org

Who is the CEO of Spindle Rock Club Inc?

Victoria Talbot is the Director of Spindle Rock Club Inc.


Official website here: www.spindlerockclub.org

What is the revenue of Spindle Rock Club Inc?

Spindle Rock Club Inc's revenue in 2022 was $249,302.


Official website here: www.spindlerockclub.org

Who are the executives of Spindle Rock Club Inc and what are their salaries?


Here are 10 key members and their salaries:


Christopher Panos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Underwood Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josie Woollam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John M Bergland Iv (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Rosenfeld (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Sumberg (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Talbot (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gilbert Hedstrom (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.spindlerockclub.org

Where can I find the form 990 for Spindle Rock Club Inc?

Spindle Rock Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.spindlerockclub.org

Learn more at the official website: www.spindlerockclub.org

Mission Statement of Spindle Rock Club Inc

Spindle Rock Club, a member-oriented organization, is dedicated to providing its members with enjoyable recreational experiences. Its primary objective is to serve as a social club, offering a range of leisure activities. The club also takes pride in maintaining docks and moorings for its members' seasonal use. Beyond recreation, Spindle Rock Club is committed to nurturing the next generation of sailors through its youth sailing program. This program focuses on teaching the fundamentals of sailing, ensuring that young members acquire essential skills in a fun and engaging manner.

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Impact




October, 2024

Spindle Rock Club Inc significantly enhances the recreational and social experiences for its members, fostering a sense of community and camaraderie in Adamsville, RI. By providing well-maintained docks and moorings, the Club facilitates easy access to water-based activities, promoting leisure and relaxation.

In addition to recreational facilities, Spindle Rock Club Inc focuses on youth engagement through its sailing program, which teaches fundamental sailing skills. This program not only empowers young participants to learn a valuable life skill but also instills a sense of responsibility and teamwork. The Club's emphasis on pleasurable recreational activities strengthens social bonds among members, creating a welcoming environment for families and individuals alike. Overall, Spindle Rock Club Inc plays a vital role in enriching the local community through organized recreation and social interaction.




This information is meant to be a general summary of Spindle Rock Club Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$249,302 (2022)
Expenses
$234,523 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $76
  • Program Service Revenue: $247,881
  • Gross Receipts: $249,302

Assets and Liabilities:

  • Total Assets: $207,502
  • Total Liabilities: $0
  • Net Assets: $207,502

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$128,271

MOORING AND SLIP FEES

Revenue

$63,859

SAILING PROGRAM

Revenue

$37,531

STORAGE FEES

Revenue

$16,470

CLUB RENTAL

Revenue

$1,750

Organization Details

Founding Year

1983

Principal Officer

Victoria Talbot

Main Address

PO BOX 451-A, ADAMSVILLE, RI, 028010451

NTEE Category

Code: N50 - Recreation

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