Recovery On Water Inc
- Assets
- $799.4k
- Revenue
- $533.6k
- Investments
- $0.0
- Employees
- 6
- Location
- Chicago, IL
- Founding
- 03/2009
- Data as of
- 12/2023
- EIN
- 26-2085130
Organization Overview
Recovery On Water Inc is located in Chicago, IL. The organization was established in 2009. According to its NTEE Classification (G19) the organization is classified as: Support N.E.C., under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2023, Recovery On Water Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Recovery On Water 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 12/2023, Recovery On Water Inc generated $533.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $471.7k during the year ending 12/2023. While expenses have increased by 1.3% per year over the past 6 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
RECOVERY ON WATER IS A ROWING TEAM THAT GIVES SURVIVORS OF BREAST CANCER THE UNIQUE OPPORTUNITY TO INTERACT, BECOME ACTIVE IN THEIR RECOVERY, AND GAIN SUPPORT FROM FELLOW SURVIVORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGULAR EXERCISE HAS BEEN SHOWN TO REDUCE CANCER RECURRENCE IN PATIENTS TREATED FOR BREAST CANCER BY UP TO 50%. RECOVERY ON WATER IS A ROWING TEAM FOR WOMEN DIAGNOSED WITH BREAST CANCER; GIVING THEM THE UNIQUE OPPORTUNITY TO INTERACT, BECOME ACTIVE IN THEIR RECOVERY AND GAIN SUPPORT FROM FELLOW SURVIVORS. THE GOAL OF THE ROW PROGRAM IS TO INCREASE EXERCISE CONSISTENCY IN PEOPLE DIAGNOSED WITH BREAST CANCER AND TO IMPROVE THEIR QUALITY OF LIFE. RECOVERY ON WATER PROVIDES EXERCISE PROGRAMS FOR PATIENTS AND SURVIVORS OF BREAST CANCER SEVEN DAYS A WEEK, YEAR ROUND: IN ROWING SHELLS ON THE SOUTH BRANCH OF THE CHICAGO RIVER DURING THE SPRING, SUMMER, AND FALL, AND ON INDOOR ROWING MACHINES THROUGHOUT THE YEAR.THESE WOMEN WILL UNDERGO OR HAVE UNDERGONE SURGERY, CHEMOTHERAPY, RADIATION, OR A COMBINATION OF ALL THREE IN ATTEMPTS TO TREAT THEIR DISEASE. SUCH TREATMENTS MAY LEAVE PATIENTS WITH SIGNIFICANT COMPLICATIONS, INCLUDING LYMPHEDEMA, OBESITY, DEPRESSION, AND POOR QUALITY OF LIFE. MANY STUDIES DEMONSTRATE THE BENEFICIAL EFFECTS OF EXERCISE ON BREAST CANCER SURVIVOR, SHOWING SIGNIFICANT REDUCTION IN DEPRESSIVE SYMPTOMS AND FATIGUE AS WELL AS IMPROVEMENTS IN LYMPHEDEMA, BONE MINERAL DENSITY, BODY MASS INDEX, QUALITY OF LIFE, AND MOST SIGNIFICANTLY, RELAPSE RATES. THE BENEFIT SURVIVORS GET FROM THE EXERCISE PROVIDED AND THE ORGANIC CAMARADERIE IS UNIQUE AND LIFE CHANGING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Vunovich Chair | OfficerTrustee | 2 | $0 |
Laura Mcnally Vice Chair | OfficerTrustee | 2 | $0 |
Susan Horowitz Treasurer | OfficerTrustee | 2 | $0 |
Allison Romer Secretary | OfficerTrustee | 2 | $0 |
Sue Ann Glaser Director | Trustee | 1 | $0 |
Samman Shahpar Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $51,455 |
| Fundraising events | $151,654 |
| Related organizations | $0 |
| Government grants | $84,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $129,920 |
| Noncash contributions included in lines 1a–1f | $2,100 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $417,429 |
| Total Program Service Revenue | $85,360 |
| Investment income | $3,734 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,553 |
| Net Gain/Loss on Asset Sales | -$905 |
| Net Income from Fundraising Events | $19,387 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $533,558 |
| 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 | $22,285 |
| Compensation of current officers, directors, key employees. | $82,501 |
| Compensation of current officers, directors, key employees. | $5,548 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $84,926 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,747 |
| Payroll taxes | $14,566 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41,994 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,733 |
| Advertising and promotion | $1,726 |
| Office expenses | $16,166 |
| Information technology | $21,103 |
| Royalties | $0 |
| Occupancy | $63,401 |
| Travel | $20,168 |
| 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 | $27,635 |
| Insurance | $9,559 |
| All other expenses | $1,885 |
| Total functional expenses | $471,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $324,167 |
| Savings and temporary cash investments | $102,986 |
| 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 | $84,400 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $21,947 |
| Net Land, buildings, and equipment | $72,223 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $193,692 |
| Total assets | $799,415 |
| Accounts payable and accrued expenses | $19,076 |
| 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 | $200,088 |
| Total liabilities | $219,164 |
| Net assets without donor restrictions | $547,020 |
| Net assets with donor restrictions | $33,231 |
| 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 | $799,415 |