Lookout Rowing Club
- Assets
- $205.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 05/1991
- Data as of
- 09/2023
- EIN
- 58-1934835
Organization Overview
Lookout Rowing Club is located in Chattanooga, TN. The organization was established in 1991. 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. Lookout Rowing Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2023, Lookout Rowing Club generated $99.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $61.2k during the year ending 09/2023. 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 Program Activity:
Part 3
PROMOTED ROWING AS A RECREATIONAL PURSUIT, PROVIDED COACHING AND ROWING INSTRUCTION TO MEMBERS, PROMOTED ROWING THROUGH A MAJOR ROWING EVENT THAT IS RECOGNIZED NATIONALLY - "HEAD OF THE HOOCH".
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seth Faler President | 3 | $0 | |
Allison Colberg Treasurer | 3 | $0 | |
Missy Elliott Vice Preside | 2.5 | $0 | |
Bethany Mcllrath Secretary | 2.5 | $0 | |
David Moore Board Member | 1 | $0 | |
Kay Hughes Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $48,312 |
| Membership dues | $40,987 |
| Investment income | $787 |
| Gain or Loss | $9,500 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $99,586 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $8,039 |
| Occupancy, rent, utilities, and maintenance | $25,500 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,679 |
| Total expenses | $61,218 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $115,390 |
| Other assets | $0 |
| Total assets | $205,599 |
| Total liabilities | $2,850 |
| Net assets or fund balances | $202,749 |