Wyandotte Boat Club is located in Wyandotte, MI. The organization was established in 1943. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Wyandotte Boat Club employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wyandotte Boat Club 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, Wyandotte Boat Club generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.9% each year . All expenses for the organization totaled $179.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT FOR YOUTH AMATEUR ROWING
Describe the Organization's Program Activity:
ROWING MEETS SPONSORED FOR THE BENEFIT OF ATHLETES FROM SIX LOCAL SCHOOLS.
EDUCATION ROWING PROGRAMS TO BENEFIT LOCAL AREA ATHLETES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Dudus President | Officer | $0 | |
Alison Duley Secretary | Officer | $0 | |
Don Ukrainec Vice Presid | Officer | $0 | |
Fred Mekolon Treasurer | Officer | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $12,975 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $8,051 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $21,026 |
Total Program Service Revenue | $55,807 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $101,406 |
Net Gain/Loss on Asset Sales | $1,852,285 |
Net Income from Fundraising Events | $14,431 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $46,671 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,091,626 |
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 | $23,342 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,277 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,365 |
Fees for services: Accounting | $4,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $191 |
Office expenses | $2,099 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $62,029 |
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 | $33,398 |
Insurance | $17,626 |
All other expenses | $6,714 |
Total functional expenses | $179,181 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $63,092 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $610,327 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,166,248 |
Total assets | $1,839,667 |
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 | $4,301 |
Total liabilities | $4,301 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $1,835,366 |
Total liabilities and net assets/fund balances | $1,839,667 |
Over the last fiscal year, we have identified 1 grants that Wyandotte Boat Club has recieved totaling $7,112.
Awarding Organization | Amount |
---|---|
Small Business Assoc Of Mich Lansing, MI PURPOSE: TO ASSIST SMALL BUSINESSES IN THE RESTAURANT, HOSPITALITY, FITNESS, RETAIL, AND SIMILAR FIELDS TO WINTERIZE THEIR OUTDOOR SERVICE AREAS AND OPERATIONS, AND IMPLEMENT CARRYOUT AND DELIVERY OPERATIONS DURING COLDER MONTHS. | $7,112 |
Organization Name | Assets | Revenue |
---|---|---|
Mid-American Athletic Conference Cleveland, OH | $9,627,681 | $28,156,752 |
Ohio High School Athletic Association Columbus, OH | $19,212,358 | $25,255,683 |
Horizon League Inc Indianapolis, IN | $13,064,997 | $9,023,003 |
Wisconsin Interscholastic Athletic Association Stevens Point, WI | $5,017,808 | $3,980,109 |
Ambassadors Football Twinsburg, OH | $3,909,961 | $2,647,510 |
Grand Rapids Youth Commonwealth Inc Grand Rapids, MI | $5,210,285 | $2,995,800 |
Fox Cities Sports Development Inc Appleton, WI | $722,935 | $1,613,590 |
Great Lakes Valley Conference Indianapolis, IN | $1,140,833 | $1,489,025 |
College Sports Information Directors Of America Inc Greenwood, IN | $4,920,472 | $1,339,389 |
Road Runners Club Of America Butler, WI | $629,220 | $498,794 |
Urban Squash Cleveland cleveland, OH | $1,070,417 | $492,668 |
Northern Athletics Conference Inc Milwaukee, WI | $292,367 | $398,614 |