Overview
What is The Narragansett Boat Club?
The Narragansett Boat Club, situated in Providence, Rhode Island, is a distinguished nonprofit organization dedicated to fostering amateur rowing and promoting physical fitness. Their primary activities include offering a wide range of rowing training programs for both adults and youth, catering to beginners as well as advanced competitive rowers. With a strong team of 38 employees, they provide year-round instruction and training, ensuring an engaging and enriching rowing experience for the greater Providence community. The club's mission is to encourage rowing and promote physical culture, aligning with their vision to offer exceptional competitive and recreational rowing opportunities.
Official website here: www.rownbc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The Narragansett Boat Club has received a Three-Star rating from Charity Navigator, reflecting a score of 77%. This rating is derived solely from its Accountability & Finance beacon, indicating a strong emphasis on financial responsibility. The organization boasts a majority of independent board members, which contributes positively to its governance score.
Strengths of the club include a solid program expense ratio of 85.43%, suggesting that a significant portion of its resources is directed toward its mission-related activities. Additionally, the club has established policies for conflict of interest and document retention, and it has shown no material diversion of assets. These factors demonstrate a commitment to transparency and effective management.
However, a notable limitation is the absence of a whistleblower policy, which may raise concerns regarding accountability in reporting unethical behavior. While the club performs well in many areas, enhancing its governance practices could further strengthen its standing and foster greater trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Narragansett Boat Club?
90% of 6 reviewers on Facebook recommend The Narragansett Boat Club. Here is a summary of their reviews:
The feedback highlights the excellent facilities available at the club, particularly praising its support for the Brown Sailing Team. Reviewers express enthusiasm about the environment and resources that enhance their sailing experience.
Overall, the sentiment towards The Narragansett Boat Club is positive, showcasing a strong appreciation for the amenities offered and their impact on local sailing programs.
This AI summary has been generated from reviews found on Facebook.
Is The Narragansett Boat Club legitimate?
The Narragansett Boat Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Narragansett Boat Club submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $160,784
For more financial information, click here
Official website here: www.rownbc.org
What is the mission statement of The Narragansett Boat Club?
The Narragansett Boat Club's mission is centered around promoting physical culture and amateur rowing. Specifically, it aims to achieve this by offering exceptional competitive and recreational rowing experiences and opportunities for the greater Providence community. Their activities include providing rowing training programs both indoors and on water, catering to the needs of beginners as well as advanced individuals. The club's mission extends to the encouragement of physical culture, fostering a healthier and more active community.
Official website here: www.rownbc.org
Who is the CEO of The Narragansett Boat Club?
Michael Hamilton is the Captain of The Narragansett Boat Club.
Official website here: www.rownbc.org
What is the revenue of The Narragansett Boat Club?
The Narragansett Boat Club's revenue in 2022 was $674,984.
Official website here: www.rownbc.org
Who are the executives of The Narragansett Boat Club and what are their salaries?
The average compensation at The Narragansett Boat Club during 2022 was $4,231. There are 38 employees and 35 volunteers at The Narragansett Boat Club.
Here are 14 key members and their salaries:
- Compensation: $9,507
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- Compensation: $11,135
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- Compensation: $14,310
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- Compensation: $0
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- Other: $0
Official website here: www.rownbc.org
Where can I find the form 990 for The Narragansett Boat Club?
The Narragansett Boat Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rownbc.org
Learn more at the official website: www.rownbc.org
Mission Statement of The Narragansett Boat Club
The Narragansett Boat Club, as a nonprofit organization, is dedicated to fostering education and encouraging amateur rowing, while also promoting physical culture as a whole. By offering exceptional competitive and recreational rowing experiences and opportunities, they aim to serve the greater Providence community. Their mission involves providing a range of rowing training programs, both indoors and on the water, catering to individuals from beginner to advanced competitive levels. These programs are available year-round, ensuring accessibility and inclusivity for both adults and youth in the community.
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Impact
July, 2024
The Narragansett Boat Club plays a significant role in Providence, Rhode Island by providing exceptional competitive and recreational rowing experiences. Through their rowing training programs, both indoor and on-water, they actively promote physical culture and support the education and encouragement of amateur rowing. Their offerings cater to a wide range of participants, from beginners to advanced competitive rowers, contributing to the overall well-being and fitness of the greater Providence community.
This information is meant to be a general summary of The Narragansett Boat Club. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $9,878
- Program Service Revenue: $455,933
- Gross Receipts: $674,984
Assets and Liabilities:
- Total Assets: $1,543,841
- Total Liabilities: $277,271
- Net Assets: $1,266,570
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROWING PROGRAMS
Revenue
$373,515
FACILITY SPACE & WATER
Revenue
$54,706
AMATEUR COMPETITIVE EVENT
Revenue
$27,712
Organization Details
Founding Year
1838
Phone
(401) 272-1838Principal Officer
Michael Hamilton
Main Address
P O BOX 603011, PROVIDENCE, RI, 02906
Website
www.rownbc.orgNTEE Category
Code: N60 - Recreation
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