Sammamish Rowing Association
- Assets
- $5.2m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 31
- Location
- Redmond, WA
- Founding
- 10/1995
- Data as of
- 12/2023
- EIN
- 91-1696516
Organization Overview
Sammamish Rowing Association is located in Redmond, WA. The organization was established in 1995. 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. As of 12/2023, Sammamish Rowing Association employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sammamish Rowing Association 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, Sammamish Rowing Association generated $1.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. While expenses have increased by 5.2% per year over the past 9 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
ROWING EDUCATION AND RECREATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAMMAMISH ROWING ASSOCIATION (SRA) PROVIDES A VARIETY OF ROWING PROGRAMS FOR YOUTH AND ADULTS OF ALL ATHLETIC AND PHYSICAL ABILITIES. IN 2023, SRA HAD OVER 768 PARTICIPANTS INCLUDING ADULTS, AND HIGH AND MIDDLE SCHOOL STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bart Eppenauer President | OfficerTrustee | 4 | $0 |
Yvonne Cote Vice President | OfficerTrustee | 1 | $0 |
Ann Taylor Treasurer | OfficerTrustee | 4 | $0 |
Dale Quigg Secretary | OfficerTrustee | 1 | $0 |
Nancy Johnston Staff Liason | Trustee | 1 | $0 |
Susan Cameron Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $124,066 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $49,946 |
| Noncash contributions included in lines 1a–1f | $32,144 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $174,012 |
| Total Program Service Revenue | $1,537,194 |
| Investment income | $19,146 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,210 |
| Net Income from Fundraising Events | -$34,539 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,695,888 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $23,629 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $124,537 |
| Compensation of current officers, directors, key employees. | $77,585 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $602,815 |
| Pension plan accruals and contributions | $9,117 |
| Other employee benefits | $0 |
| Payroll taxes | $78,161 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,045 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,711 |
| Office expenses | $76,681 |
| Information technology | $20,439 |
| Royalties | $0 |
| Occupancy | $62,329 |
| 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 | $274,863 |
| Insurance | $36,340 |
| All other expenses | $207 |
| Total functional expenses | $1,741,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $328,451 |
| Savings and temporary cash investments | $447,820 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $145,912 |
| 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 | $43,260 |
| Net Land, buildings, and equipment | $3,768,746 |
| Investments—publicly traded securities | $419,165 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,153,354 |
| Accounts payable and accrued expenses | $68,239 |
| Grants payable | $0 |
| Deferred revenue | $559,484 |
| 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 | $0 |
| Total liabilities | $627,723 |
| Net assets without donor restrictions | $4,525,631 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $5,153,354 |