Wyandotte Boat Club
- Assets
- $1.8m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 9
- Location
- Wyandotte, MI
- Founding
- 11/1943
- Data as of
- 12/2021
- EIN
- 38-6095425
Organization Overview
Wyandotte Boat Club is located in Wyandotte, MI. The organization was established in 1943. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Wyandotte Boat Club employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wyandotte Boat Club 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 12/2021, Wyandotte Boat Club generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.9% each year . All expenses for the organization totaled $179.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT FOR YOUTH AMATEUR ROWING
Describe the Organization's Program Activity:
ROWING MEETS SPONSORED FOR THE BENEFIT OF ATHLETES FROM SIX LOCAL SCHOOLS.
EDUCATION ROWING PROGRAMS TO BENEFIT LOCAL AREA ATHLETES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Dudus President | Officer | $0 | |
Fred Mekolon Treasurer | Officer | $0 | |
Alison Duley Secretary | Officer | $0 | |
Don Ukrainec Vice Presid | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,975 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,051 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,026 |
| Total Program Service Revenue | $55,807 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $101,406 |
| Net Gain/Loss on Asset Sales | $1,852,285 |
| Net Income from Fundraising Events | $14,431 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $46,671 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,091,626 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $23,342 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,277 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,365 |
| Fees for services: Accounting | $4,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $191 |
| Office expenses | $2,099 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $62,029 |
| 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 | $33,398 |
| Insurance | $17,626 |
| All other expenses | $6,714 |
| Total functional expenses | $179,181 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,092 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $610,327 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,166,248 |
| Total assets | $1,839,667 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $4,301 |
| Total liabilities | $4,301 |
| Net assets without donor restrictions | $0 |
| 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 | $1,835,366 |
| Total liabilities and net assets/fund balances | $1,839,667 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wyandotte Boat Club has recieved totaling $7,112.
| Awarding Organization | Amount |
|---|---|
Small Business Assoc Of Mich Lansing, MI PURPOSE: TO ASSIST SMALL BUSINESSES IN THE RESTAURANT, HOSPITALITY, FITNESS, RETAIL, AND SIMILAR FIELDS TO WINTERIZE THEIR OUTDOOR SERVICE AREAS AND OPERATIONS, AND IMPLEMENT CARRYOUT AND DELIVERY OPERATIONS DURING COLDER MONTHS. | $7,112 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mid-American Athletic Conference Cleveland, OH | $9,627,681 | $28,156,752 |
Ohio High School Athletic Association Columbus, OH | $19,212,358 | $25,255,683 |
Horizon League Inc Indianapolis, IN | $13,064,997 | $9,023,003 |
Wisconsin Interscholastic Athletic Association Stevens Point, WI | $5,017,808 | $3,980,109 |
Ambassadors Football Twinsburg, OH | $3,909,961 | $2,647,510 |
Grand Rapids Youth Commonwealth Inc Grand Rapids, MI | $5,210,285 | $2,995,800 |
Fox Cities Sports Development Inc Appleton, WI | $722,935 | $1,613,590 |
Great Lakes Valley Conference Indianapolis, IN | $1,140,833 | $1,489,025 |
College Sports Information Directors Of America Inc Greenwood, IN | $4,920,472 | $1,339,389 |
Road Runners Club Of America Butler, WI | $629,220 | $498,794 |
Urban Squash Cleveland cleveland, OH | $1,070,417 | $492,668 |
Northern Athletics Conference Inc Milwaukee, WI | $292,367 | $398,614 |