Louisville Rowing Club Inc is located in Louisville, KY. The organization was established in 2005. 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. Louisville Rowing Club Inc 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, Louisville Rowing Club Inc generated $76.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $71.8k during the year ending 12/2022. While expenses have increased by 4.0% per year over the past 6 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gary Grunwald President | 1 | $0 | |
John Ryan Coady Secretary/treasurer | 1 | $0 | |
Joan Vandertoll Director | 1 | $0 | |
Mike Harlan Director | 1 | $0 | |
Jeff Skora Director | 1 | $0 | |
Mike Jones Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,765 |
Total Program Service Revenue | $41,850 |
Membership dues | $13,220 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $561 |
Other Revenue | $3,425 |
Total Revenue | $76,924 |
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 | $31,517 |
Occupancy, rent, utilities, and maintenance | $9,966 |
Printing, publications, postage, and shipping | $282 |
Other expenses | $30,084 |
Total expenses | $71,849 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $22,451 |
Other assets | $0 |
Total assets | $22,451 |
Total liabilities | $3,322 |
Net assets or fund balances | $19,129 |