Hudson River Community Sailing Inc is located in New York, NY. The organization was established in 2008. 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 11/2023, Hudson River Community Sailing Inc employed 86 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hudson River Community Sailing 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 11/2023, Hudson River Community Sailing Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $2.5m during the year ending 11/2023. While expenses have increased by 10.5% 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
DEVELOP LEADERSHIP IN NYC YOUTH THROUGH SAILING AND PROVIDING MARITIME RECREATION TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE YOUTH PROGRAM DEVELOPS THE LEADERSHIP AND ACADEMIC SKILLS NEEDED BY STUDENTS TO BECOME SUCCESSFUL IN SCHOOL AND THE WORKPLACE. ALONG WITH ACADEMIC ENRICHMENT IN MATH AND SCIENCE, LIFE SKILLS, SUCH AS TEAMWORK, SELF-RELIANCE, PERSISTENCE, AND RESPONSIBILITY ARE TAUGHT THROUGH THE MEDIUMS OF SAILING, BOAT OPERATION, AND BOAT BUILDING. THE YOUTH PROGRAM CONSISTS OF MULTIPLE PROJECTS WHICH INCLUDE, BUT ARE NOT LIMITED TO: SAIL ACADEMY CHELSEA - A 4 YEAR-LONG AFTER SCHOOL PROGRAM OFFERED IN PARTNERSHIP WITH SEVEN NEW YORK CITY PUBLIC HIGH SCHOOLS. YEAR 1 PROVIDES THE OPPORTUNITY FOR STUDENTS TO LEARN TO SAIL AND BUILD SMALL WOODEN BOATS, WHILE EARNING AN ELECTIVE CREDIT. YEAR 2 HAS STUDENTS STUDYING THE SCIENCE OF THE HUDSON AND LEARNING TO BECOME GOOD STEWARDS AS THEY ADVANCE SAILING SKILLS. YEARS 3 AND 4 ALLOW STUDENTS TO SPECIALIZE IN MARITIME AREAS THAT MOST INTEREST THEM (E.G. RACING, NAVIGATION, BOAT BUILDING), WHILE ALSO RECEIVING POST-SECONDARY COUNSELING, COLLEGE PREPARATION, AND CAREER DISCOVERY; SAIL ACADEMY INWOOD A MULTI-YEAR AFTER-SCHOOL PROGRAM THAT OFFERS STEM ENRICHMENT AND SOCIAL EMOTIONAL LEARNING AT LOCAL MIDDLE SCHOOLS; INTERNSHIPS - STUDENTS ASSIST IN DAILY OPERATIONS AND BOAT MAINTENANCE IN A STRUCTURED PROGRAM TIERED FOR INCREASING RESPONSIBILITY AND INDEPENDENCE; CITY SAIL - A FEE-BASED, WEEK-LONG SUMMER YOUTH CAMP FOR CHILDREN AGED 9 - 17; AND YOUTH RACING - A PROGRAM WHICH BRINGS TOGETHER A DIVERSE CROSS-SECTION OF BOTH PUBLIC AND PRIVATE NYC SCHOOLS TO LEARN FUNDAMENTALS AND COMPETE.
THE ADULT PROGRAM CONSISTS OF: COMMUNITY SAILING - A FEE-BASED SAILING AND MEMBERSHIP PROGRAM WHICH OFFERS ADULTS A US SAILING SANCTIONED COMMUNITY SAILING CENTER, SAILING LESSONS AND CLASSES. FEES AND DUES FROM THIS PROGRAM ARE USED TO SUBSIDIZE THE COSTS OF THE PROJECTS WHICH ARE PROVIDED TO UNDERSERVED YOUTH AT REDUCED OR NO COST THROUGH THE YOUTH PROGRAM; SOLDIERS UNDER SAIL - AN ADAPTIVE SAILING PROGRAM FOR VETERANS DELIVERED IN PARTNERSHIP WITH THE LOCAL VETERAN'S ADMINISTRATION; AND ADAPTIVE PROGRAM - A PROGRAM PILOTED IN 2021 DESIGNED TO PROVIDE SAILING EDUCATION AND RECREATION FOR YOUTH AND ADULTS LIVING WITH DISABILITIES. PEOPLE LIVING WITH DISABILITIES ARE OFTEN CUT OFF FROM OUTDOOR ACTIVITIES DUE TO A LACK OF INFRASTRUCTURE AND TRAINING. DRAWING UPON YEARS OF PROVIDING TRANSFORMATIVE ON-WATER PROGRAMS, THE ORGANIZATION PLANS TO SHIFT THIS PARADIGM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrea Minkow President | OfficerTrustee | 5 | $0 |
Stuart Israel Vice President | OfficerTrustee | 5 | $0 |
Caleb Boise Secretary | OfficerTrustee | 5 | $0 |
Christopher Areson Treasurer | OfficerTrustee | 1 | $0 |
Debora Abrams-Wright Director | Trustee | 1 | $0 |
Minosca Alcantara Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $405,186 |
Related organizations | $0 |
Government grants | $101,850 |
All other contributions, gifts, grants, and similar amounts not included above | $556,905 |
Noncash contributions included in lines 1a–1f | $156,799 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,063,941 |
Total Program Service Revenue | $1,189,169 |
Investment income | $7,557 |
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 | $2,260,667 |
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. | $131,323 |
Compensation of current officers, directors, key employees. | $11,426 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,501,464 |
Pension plan accruals and contributions | $11,723 |
Other employee benefits | $56,714 |
Payroll taxes | $151,409 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $17,569 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $23,044 |
Advertising and promotion | $0 |
Office expenses | $57,703 |
Information technology | $11,728 |
Royalties | $0 |
Occupancy | $50,268 |
Travel | $28,630 |
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 | $119,904 |
Insurance | $60,448 |
All other expenses | $58,706 |
Total functional expenses | $2,470,421 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $713,670 |
Savings and temporary cash investments | $538,082 |
Pledges and grants receivable | $93,772 |
Accounts receivable, net | $43,050 |
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 | $70,268 |
Net Land, buildings, and equipment | $621,096 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $31,656 |
Total assets | $2,111,594 |
Accounts payable and accrued expenses | $88,538 |
Grants payable | $0 |
Deferred revenue | $349,129 |
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 | $26,343 |
Total liabilities | $464,010 |
Net assets without donor restrictions | $1,485,017 |
Net assets with donor restrictions | $162,567 |
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 | $2,111,594 |