Carnegie Lake Rowing Association
- Assets
- $99.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 06/1986
- Data as of
- 12/2021
- EIN
- 22-2694825
Organization Overview
Carnegie Lake Rowing Association is located in Princeton, NJ. The organization was established in 1986. 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. Carnegie Lake Rowing Association 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, Carnegie Lake Rowing Association generated $104.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $101.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Rossi Vice President Captain | 8 | $0 | |
Elizabeth Hauptman Vice President | 1 | $0 | |
Gary Mount Treasurer | 5 | $0 | |
Ivan Prokofiev Secretary | 1 | $0 | |
Zoe Brookes President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,240 |
| Total Program Service Revenue | $57,043 |
| Membership dues | $42,965 |
| Investment income | $162 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $104,040 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,968 |
| Professional fees and other payments to independent contractors | $4,255 |
| Occupancy, rent, utilities, and maintenance | $3,208 |
| Printing, publications, postage, and shipping | $495 |
| Other expenses | $68,667 |
| Total expenses | $101,593 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,813 |
| Other assets | $0 |
| Total assets | $99,528 |
| Total liabilities | $4,427 |
| Net assets or fund balances | $95,101 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Junior Tennis League Inc Long Island City, NY | $15,745,055 | $13,403,069 |
Row New York Inc New York, NY | $11,063,352 | $5,131,305 |
Long Island Swimming Garden City, NY | $5,786,299 | $2,981,330 |
Stony Brook Yacht Club Inc Stony Brook, NY | $1,925,542 | $2,144,649 |
Hudson River Community Sailing Inc New York, NY | $1,975,748 | $1,753,516 |
South Jersey Aquatic Club Voorhees, NJ | $176,269 | $1,185,963 |
West Side Rowing Club Incorporated Of The City Of Buffalo Buffalo, NY | $4,706,391 | $1,097,011 |
Usa Swimming Inc Blue Bell, PA | $1,171,270 | $977,140 |
Saltaire Yacht Club Inc Franklin Square, NY | $2,486,867 | $986,689 |
Scranton Canoe Club Lake Winola, PA | $1,120,318 | $1,020,195 |
Nomahegan Swim Club Westfield, NJ | $1,955,204 | $1,200,408 |
Usa Swimming Inc Wall, NJ | $576,031 | $866,958 |