Lake Oswego Rowing Club Foundation

Organization Overview

Lake Oswego Rowing Club Foundation, operating under the name Lake Oswego Community Rowing, is located in Lake Oswego, OR. The organization was established in 1998. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Lake Oswego Community Rowing employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Oswego Community Rowing 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, Lake Oswego Community Rowing generated $430.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $502.7k during the year ending 12/2023. While expenses have increased by 6.9% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

COMMUNITY ROWING CLUB

Describe the Organization's Program Activity:

Part 3 - Line 4a

APPROXIMATELY 32 HIGH SCHOOL STUDENTS PARTICIPATED IN THE AFTER SCHOOL LEARN TO ROW & TEAM PROGRAMS.


APPROXIMATELY 27 ADULTS PARTICIPATED IN ROWING CLASSES AND GROUP TRAINING EXERCISES.


JUNIOR AND ADULT COMPETITIVE PROGRAMS CONDUCTED THROUGHOUT THE SPRING AND FALL SEASONS.


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Board, Officers & Key Employees

Name (title)Compensation
Shelley Lorenzen
President
$0
Carl Grending
Vice Preside
$0
Doug Gerwitz
Secretary
$0
Brett Nickell
Treasurer
$0
Inkeri Chisholm
Director
$0
Nathan Skalsky
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $14,990
All other contributions, gifts, grants, and similar amounts not included above$1,692
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$16,682
Total Program Service Revenue$389,395
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $24,893
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$2,569
Miscellaneous Revenue$0
Total Revenue $430,265

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