Virginia Boat Club
- Assets
- $219.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 11/1996
- Data as of
- 12/2023
- EIN
- 54-1753209
Organization Overview
Virginia Boat Club is located in Richmond, VA. The organization was established in 1996. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Virginia 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 12/2023, Virginia Boat Club generated $101.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $98.4k during the year ending 12/2023. While expenses have increased by 12.0% per year over the past 5 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 Program Activity:
Part 3
ROWING INSTRUCTION/COACHING FOR MASTERS ROWING PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kendra Hunt Vice President | 2 | $0 | |
Kim Nelson Treasurer | 7 | $0 | |
Katherine Martin Secretary | 1 | $0 | |
Steven Bosshard President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $53,772 |
| Membership dues | $43,486 |
| Investment income | $4,366 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $101,624 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $27,304 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $71,111 |
| Total expenses | $98,415 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $203,135 |
| Other assets | $0 |
| Total assets | $219,535 |
| Total liabilities | $138 |
| Net assets or fund balances | $219,397 |