Halifax Rowing Association Inc
- Assets
- $153.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Daytona Beach, FL
- Founding
- 10/1995
- Data as of
- 12/2023
- EIN
- 59-3255087
Organization Overview
Halifax Rowing Association Inc is located in Daytona Beach, FL. The organization was established in 1995. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Halifax Rowing Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Halifax Rowing Association 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, Halifax Rowing Association Inc generated $180.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $225.1k during the year ending 12/2023. While expenses have increased by 12.0% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
HALIFAX ROWING ASSOCIATION'S MISSION IS TO DEVELOP AND PROMOTE RECREATIONAL AND COMPETITIVE ROWING PROGRAMS TO THE GENERAL PUBLIC. THE ASSOCIATION FACILITATES THESE PROGRAMS BY PROVIDING A BOATHOUSE AND OTHER PROPERTY FOR SECURE BOAT STORAGE, RELATED TRAINING, AND INSTRUCTIONAL RESOURCES.
Describe the Organization's Program Activity:
Part 3
ACTIVE MEMBERSHIP COST TO ATTEND SCHEDULED ROWING INSTRUCTION, PHYSICAL TRAINING AND PARTICIPATION IN ROWING REGATTAS. ROWING ERGO-METERS AND WEIGHT EQUIPMENT IS AVAILABLE FOR MEMBERS USE.
ANNUAL HRA SUMMER REGATTA - HOST REGATTA WITH PARTICIPATION OF OTHER CLUBS, RACING FOR BEST TIMES WITH TROPHIES AWARDED UPON COMPLETION OF ALL RACES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frankie Riddle Treasurer | 0 | $0 | |
Buckley James President | 0 | $0 | |
Kim Bulger Secretary | 0 | $0 | |
Gregory Snell Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,135 |
| Total Program Service Revenue | $72,304 |
| Membership dues | $101,439 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $600 |
| Other Revenue | $0 |
| Total Revenue | $180,479 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $69,468 |
| Professional fees and other payments to independent contractors | $6,525 |
| Occupancy, rent, utilities, and maintenance | $6,103 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $143,014 |
| Total expenses | $225,110 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,872 |
| Other assets | $0 |
| Total assets | $153,625 |
| Total liabilities | $7,716 |
| Net assets or fund balances | $145,909 |