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 |