Frank Lloyd Wright's Rowing Boathouse Corporation
- Assets
- $3.5m
- Revenue
- $216.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Buffalo, NY
- Founding
- 02/2001
- Data as of
- 12/2018
- EIN
- 16-1592799
Organization Overview
Frank Lloyd Wright's Rowing Boathouse Corporation is located in Buffalo, NY. The organization was established in 2001. 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. Frank Lloyd Wright's Rowing Boathouse Corporation 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 12/2018, Frank Lloyd Wright's Rowing Boathouse Corporation generated $216.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $170.3k during the year ending 12/2018. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
BY CONSTRUCTING A BOATHOUSE DESIGNED BY FRANK LLOYD WRIGHT- TO ENRICH BUFFALO'S WATERFRONT EXPERIENCE BY PROVIDING A SIGNIFICANT ARCHITECTURAL TOURISM DESTINATION, A CENTER FOR ROWING
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A THRIVING WATERFRONT DESTINATION USED BY THE COMMUNITY FOR EVENTS AND TO PROVIDE A ROWING VENUE. TOURS ARE PROVIDED TO EDUCATE THE COMMUNITY ON THE EXTRAORINDARY ACHITECTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John D Meyers President | OfficerTrustee | 5 | $0 |
Frank Fontana Secretary | OfficerTrustee | 3 | $0 |
Bill Allen Treasurer | OfficerTrustee | 3 | $0 |
Charles Duffy Director | Trustee | 3 | $0 |
William Kuch Director | Trustee | 3 | $0 |
Charlene Fontana Ssj Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $127,240 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,240 |
| Total Program Service Revenue | $3,466 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $15,917 |
| 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 | $172 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $216,647 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,069 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,811 |
| 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 | $129,274 |
| Insurance | $14,806 |
| All other expenses | $1,814 |
| Total functional expenses | $170,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,405 |
| 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 | $668 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,489,425 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,510,498 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unrestricted restricted net Assets | $3,510,498 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $3,510,498 |