Swan Creek Rowing Club
- Assets
- $83.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lambertville, NJ
- Founding
- 01/2004
- Data as of
- 12/2022
- EIN
- 01-0645917
Organization Overview
Swan Creek Rowing Club is located in Lambertville, NJ. The organization was established in 2004. 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. Swan Creek 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 12/2022, Swan Creek Rowing Club generated $58.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $59.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
SINCE THE CLUBS INCEPTION WEVE ADDED A WINTER INDOOR ROWING COMPETITION AND A ROWING PROGRAM FOR LOCAL YOUTH. FOR MEMBERS INTERESTED IN COMPETITION, THE CLUB ATTENDS SEVERAL REGATTAS EACH YEAR AS A GROUP, AND INDIVIDUAL MEMBERS COMPETE REGULARLY IN REGATTAS THROUGHOUT THE REGION. WE PROVIDE REGULAR COACHING OPPORTUNITIES FOR MEMBERS WHO WISH TO IMPROVE THEIR SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ted Pytlar President | 1 | $0 | |
Roseanne Price Board Member | 0 | $0 | |
Steve Platt Treasurer | 1 | $0 | |
Mark Craig Vice President | 0.5 | $0 | |
Kelley Douglass Secretary | 0 | $0 | |
Beth Schurman Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15 |
| Total Program Service Revenue | $18,579 |
| Membership dues | $39,939 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $58,538 |
| 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 | $17,115 |
| Occupancy, rent, utilities, and maintenance | $375 |
| Printing, publications, postage, and shipping | $134 |
| Other expenses | $41,570 |
| Total expenses | $59,194 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,230 |
| Other assets | $0 |
| Total assets | $83,230 |
| Total liabilities | $0 |
| Net assets or fund balances | $83,230 |