Passaic River Rowing Association
- Assets
- $290.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lyndhurst, NJ
- Founding
- 05/2000
- Data as of
- 12/2023
- EIN
- 22-3652104
Organization Overview
Passaic River Rowing Association is located in Lyndhurst, NJ. The organization was established in 2000. 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. Passaic River 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 12/2023, Passaic River Rowing Association generated $174.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $181.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CALL TOGETHER AND SUPPORT A COMMUNITY OF ROWERS OF EVERY AGE AND ABILITY WITH PRIMARY EMPHASIS ON YOUTH ROWING WITHIN THE LOCAL COMMUNITY; PROMOTE THE HIGHEST VALUES OF ROWING IN INTERNATIONAL, NATIONAL AND LOCAL ARENAS; PROMOTE THE STEWARDSHIP OF THE PASSAIC RIVER ENVIRONMENT; AND STRIVE FOR EXCELLENCE IN ALL THAT WE DO.
Describe the Organization's Program Activity:
Part 3
HEAD OF THE PASSAIC REGATTA: ANNUAL RACE HELD IN OCTOBER, PROVIDING A SAFE ENVIRONMENT FOR FRIENDLY COMPETITION AMONGST ROWING TEAMS, AND PROVIDES COMMUNITY EXPOSURE TO ROWING, SERVING ALMOST 5,000 COMMUNITY MEMBERS.
ADULT LEARN TO ROW CLASSES: INTRODUCES NEW PEOPLE TO THE SPORT OF ROWING AND FOSTERS STEWARDSHIP FOR THE PASSAIC RIVER, SERVING ABOUT 40 PEOPLE ANNUALLY.
YOUTH PROGRAMMING: PROVIDES YOUTH WITH A SAFE SPACE TO EXPLORE THE SPORT OF ROWING, WHILE GIVING THEM SPACE TO GROW, APPRECIATE THE LOCAL RIVER ENVIRONMENT, AND FOSTERS A SPACE FOR CAMARADERIE AND SPORTSMANSHIP, SERVING APPROXIMATELY 80 YOUTHS ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Gingold President | 15 | $1,225 | |
Jose Antunes Treasurer | 20 | $1,705 | |
Fabian Cortes Board Member | 10 | $6,500 | |
Brian Intindola Board Member | 0 | $0 | |
Nestor Bottino Board Member | 10 | $0 | |
Shannon Stewart Vice Preside | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,535 |
| Total Program Service Revenue | $98,181 |
| Membership dues | $72,815 |
| Investment income | $134 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $174,665 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $104,621 |
| Professional fees and other payments to independent contractors | $2,396 |
| Occupancy, rent, utilities, and maintenance | $17,076 |
| Printing, publications, postage, and shipping | $823 |
| Other expenses | $56,098 |
| Total expenses | $181,014 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $165,889 |
| Other assets | $0 |
| Total assets | $290,115 |
| Total liabilities | $7,660 |
| Net assets or fund balances | $282,455 |