Litchfield Hills Rowing Club Inc
- Assets
- $259.2k
- Revenue
- $289.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Litchfield, CT
- Founding
- 03/1981
- Data as of
- 12/2021
- EIN
- 06-1030107
Organization Overview
Litchfield Hills Rowing Club Inc is located in Litchfield, CT. The organization was established in 1981. 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. As of 12/2021, Litchfield Hills Rowing Club Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Litchfield Hills Rowing Club 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 12/2021, Litchfield Hills Rowing Club Inc generated $289.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $228.1k during the year ending 12/2021. While expenses have increased by 13.7% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION IN SPORT OF ROWING
Describe the Organization's Program Activity:
Part 3 - Line 4a
LITCHFIELD HILLS ROWING CLUB DELIVERS THE SPORT OF ROWING TO LITCHFIELD COUNTY AND ITS SURROUNDING AREAS. WE OFFER A BROAD RANGE OF PROGRAMS, SUCH AS: LEARN-TO-ROW PROGRAMS FOR AGES 12 AND ABOVE, INTRODUCTION TO ROWING, WINTER TRAINING AND FITNESS, ADULT RECREATIONAL ROWING, AND COMPETITIVE PROGRAMS FOR YOUTH AND ADULTS. OUR ATHLETES HAVE ENJOYED GREAT SUCCESS AROUND THE COUNTRY IN RENOWNED REGATTAS INCLUDING YOUTH NATIONALS, HEAD OF THE CHARLES, AND OTHERS. OUR ORGANIZATION EMPLOYS THE SPORT OF ROWING TO HELP OUR ATHLETES DEVELOP PHYSICALLY, EMOTIONALLY, AND SOCIALLY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Roy Secretary | Officer | 2 | $0 |
Stephen Seward Vice President | Officer | 2 | $0 |
Gail Zaharek President | Officer | 7 | $0 |
John Mctamney Treasurer | Officer | 3 | $0 |
Abby Doolittle Board Member | Trustee | 1 | $0 |
Kendra Mctamney Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $55,604 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,101 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,705 |
| Total Program Service Revenue | $197,609 |
| 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 | $289,314 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $86,408 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,266 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,903 |
| Advertising and promotion | $403 |
| Office expenses | $995 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,351 |
| Travel | $10,107 |
| 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 | $40,511 |
| Insurance | $5,665 |
| All other expenses | $14,315 |
| Total functional expenses | $228,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,382 |
| 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 | $201,858 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $259,240 |
| Accounts payable and accrued expenses | $445 |
| 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 | $2,160 |
| Other liabilities | $0 |
| Total liabilities | $2,605 |
| Net assets without donor restrictions | $256,635 |
| 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 | $259,240 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Litchfield Hills Rowing Club Inc has recieved totaling $5,414.
| Awarding Organization | Amount |
|---|---|
Connecticut Community Foundation Inc Waterbury, CT PURPOSE: GIVE LOCAL 2021 | $5,374 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $40 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Junior Tennis League Inc Long Island City, NY | $15,745,055 | $13,403,069 |
United States Sailing Association Inc Bristol, RI | $8,027,126 | $11,092,289 |
Row New York Inc New York, NY | $11,063,352 | $5,131,305 |
New England Sailing Foundation Inc Marblehead, MA | $32,351 | $1,795,441 |
New England Science & Sailing Foundation Inc Stonington, CT | $5,613,617 | $3,618,390 |
Long Island Swimming Garden City, NY | $5,786,299 | $2,981,330 |
Sail Newport Inc Newport, RI | $8,050,460 | $2,453,105 |
Stony Brook Yacht Club Inc Stony Brook, NY | $1,925,542 | $2,144,649 |
Community Boating Inc Boston, MA | $5,688,954 | $2,833,055 |
Hudson River Community Sailing Inc New York, NY | $1,975,748 | $1,753,516 |
Winchester Boat Club Winchester, MA | $5,238,512 | $1,099,002 |
Saugatuck Harbor Yacht Club Inc Westport, CT | $2,019,925 | $1,016,320 |