Rivanna Rowing Club Inc
- Assets
- $100.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlottesville, VA
- Founding
- 07/1998
- Data as of
- 12/2021
- EIN
- 54-1490528
Organization Overview
Rivanna Rowing Club Inc is located in Charlottesville, VA. The organization was established in 1998. 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. Rivanna Rowing Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Rivanna Rowing Club Inc generated $60.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $55.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
THE RIVANNA ROWING CLUB PROVIDES A COMMUNITY ROWING PROGRAM FOR THE RESIDENTS OF ALBEMARLE COUNTY, CHARLOTTESVILLE CITY AND SURROUNDING AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Blaine Butler President | 10 | $0 | |
Jim Angevine Vice Preside | 2 | $0 | |
Evie Angevine Secretary Tr | 10 | $0 | |
Isaac Wentz Treasurer | 5 | $0 | |
Valentina Baljak Programs | 2 | $0 | |
John Reeher Equipment Ma | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $24,705 |
| Membership dues | $34,975 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $686 |
| Total Revenue | $60,368 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,932 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $16,581 |
| Printing, publications, postage, and shipping | $579 |
| Other expenses | $25,556 |
| Total expenses | $55,648 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,006 |
| Other assets | $0 |
| Total assets | $100,739 |
| Total liabilities | $129 |
| Net assets or fund balances | $100,610 |
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