Quinsigamond Rowing Association Inc
- Assets
- $108.6k
- Revenue
- $373.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Worcester, MA
- Founding
- 11/1991
- Data as of
- 09/2023
- EIN
- 04-3065952
Organization Overview
Quinsigamond Rowing Association Inc is located in Worcester, MA. The organization was established in 1991. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quinsigamond Rowing Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Quinsigamond Rowing Association Inc generated $373.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $296.0k during the year ending 09/2023. While expenses have increased by 2.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT, DEVELOP AND PROVIDE EQUIPMENT FOR AMATEUR ATHLETES
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW ENGLAND ROWING CHAMPIONSHIP - COLLEGIATE ROWING TEAMS COMPETED IN A FULL DAY SCHEDULE OF EVENTS
REGULAR SEASON RACES - COLLEGIATE ROWING TEAMS COMPETED IN A FULL DAY SCHEDULE OF EVENTS SCHEDULE AT LAKE QUINSIGAMOND
US ROWING JUNIOR NORTHEAST CHAMPIONSHIPS - YOUTH ROWING TEAMS COMPETED IN A WEEKEND SCHEDULE OF EVENTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
H Robert Nyce Jr President | Trustee | 10 | $0 |
Patrick Diggins Treasurer | Trustee | 10 | $1,180 |
Jason Steele Clerk | Trustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $31,908 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,908 |
| Total Program Service Revenue | $341,433 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $373,341 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,180 |
| Compensation of current officers, directors, key employees. | $1,180 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $544 |
| Fees for services: Accounting | $1,094 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,495 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,734 |
| Insurance | $6,269 |
| All other expenses | $52,078 |
| Total functional expenses | $295,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,202 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $11,433 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $108,635 |
| Accounts payable and accrued expenses | $601 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $601 |
| Net assets without donor restrictions | $108,034 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $108,635 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Falmouth Road Race Inc Falmouth, MA | $1,579,423 | $2,526,898 |
South Shore Seahawks Inc Norwell, MA | $113,194 | $537,526 |
Hudson-Mohawk Road Runners Club Albany, NY | $534,991 | $441,749 |
Finger Lakes Region Sports Car Club Of America Inc Webster, NY | $244,137 | $377,356 |
Girls Gymnastic-Athletic Club Of Owego New York Inc Owego, NY | $327,117 | $302,482 |
Quinsigamond Rowing Association Inc Worcester, MA | $108,635 | $373,341 |
Cape Cod Curling Club Inc Falmouth, MA | $1,414,571 | $317,233 |
Fairfield Half Marathon Road Race Inc Branford, CT | $46,183 | $235,985 |
Us Lacrosse Inc Levittown, NY | $170,464 | $0 |
Square & Compass Club Inc Barre, VT | $38,163 | $0 |
Alden Rod & Gun Club Alden, NY | $125,900 | $0 |
United States Corporate Track Association West Simsbury, CT | $24,303 | $0 |