Overview
What is Penn Athletic Club Rowing Association?
The Penn Athletic Club Rowing Association, located at 12 Boathouse Row Kelly Drive, Philadelphia, Pennsylvania 19130, is a nonprofit organization dedicated to stimulating and fostering an interest in the sport of rowing among amateur individuals and clubs. Their mission is to educate everyone about the sport and promote it through competitions and regattas. With a team of 14 dedicated individuals, they work hard to spread their passion for rowing and engage the community in this exciting activity.
Official website here: www.pennac.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
The Penn Athletic Club Rowing Association has earned an overall score of 84%, indicating a solid level of accountability and financial stability. The organization boasts a fully independent board with 100% of its members meeting independence criteria. Furthermore, it demonstrates strong financial practices, with no material diversion of assets and a program expense ratio of 87.54%, showing a commitment to its mission through efficient use of resources.
However, the organization does have some areas that need improvement. Notably, it lacks essential policies like a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could impact its governance practices. Additionally, the tax form is not currently available on the nonprofit's website, which may affect transparency for potential donors and stakeholders. Overall, while the Penn Athletic Club Rowing Association shows strong financial health, addressing these governance gaps could enhance its accountability further.
This AI summary has been generated from information found on Charity Navigator.
Is Penn Athletic Club Rowing Association legitimate?
Penn Athletic Club Rowing Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Penn Athletic Club Rowing Association 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: $154,667
For more financial information, click here
Official website here: www.pennac.org
What is the mission statement of Penn Athletic Club Rowing Association?
The Penn Athletic Club Rowing Association's mission is geared towards stimulating and fostering a passion for the sport of rowing among amateurs, both individually and as part of clubs. They aim to educate everyone involved in the sport, using competitions and regattas as tools to promote interest. In essence, their goal is to cultivate a thriving rowing community through education and competitive events.
Official website here: www.pennac.org
Who is the CEO of Penn Athletic Club Rowing Association?
Chris Reich is the Secretary (Til 2/22), Vp (From 2/22) of Penn Athletic Club Rowing Association.
Official website here: www.pennac.org
What is the revenue of Penn Athletic Club Rowing Association?
Penn Athletic Club Rowing Association's revenue in 2022 was $769,877.
Official website here: www.pennac.org
Who are the executives of Penn Athletic Club Rowing Association and what are their salaries?
The average compensation at Penn Athletic Club Rowing Association during 2022 was $11,048. There are 14 employees and 20 volunteers at Penn Athletic Club Rowing Association.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pennac.org
Where can I find the form 990 for Penn Athletic Club Rowing Association?
Penn Athletic Club Rowing Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pennac.org
Learn more at the official website: www.pennac.org
Mission Statement of Penn Athletic Club Rowing Association
The Penn Athletic Club Rowing Association, as a nonprofit organization, is dedicated to stimulating and fostering interest in the sport of rowing among amateur individuals and clubs. Their primary mission is to educate all persons in the intricacies of rowing and promote interest in the sport through competitions and regattas. By doing so, the association aims to foster a community of passionate rowers and cultivate a deeper appreciation for the sport. The Penn Athletic Club Rowing Association serves as a catalyst for the growth and development of rowing, promoting the sport as a means of physical fitness and camaraderie.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Penn Athletic Club Rowing Association significantly impacts the rowing community by stimulating and fostering interest in the sport among both individuals and clubs. By focusing on education, it equips participants with the knowledge and skills necessary for rowing, ensuring that newcomers and seasoned rowers alike can improve their proficiency and appreciation of the sport.
Through organized competitions and regattas, the association creates opportunities for athletes to showcase their talents and engage with a larger community. These events not only promote healthy competition but also strengthen camaraderie among rowers, fostering a sense of belonging and shared passion for the sport. Overall, the Penn Athletic Club Rowing Association plays a vital role in cultivating a vibrant rowing culture in Philadelphia and beyond, promoting both recreational enjoyment and athletic development.
This information is meant to be a general summary of Penn Athletic Club Rowing Association. 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: $9,528
- Program Service Revenue: $608,335
- Gross Receipts: $769,877
Assets and Liabilities:
- Total Assets: $432,262
- Total Liabilities: $124,900
- Net Assets: $307,362
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUMMER CAMPS
Revenue
$467,480
OTHER PROGRAMS
Revenue
$91,539
MEMBERSHIP DUES
Revenue
$49,316
Organization Details
Founding Year
1871
Phone
(215) 688-7686Principal Officer
Chris Reich
Main Address
12 BOATHOUSE ROW KELLY DRIVE, PHILADELPHIA, PA, 19130
Website
www.pennac.orgNTEE Category
Code: N6XC - Recreation
If you are a representative of Penn Athletic Club Rowing Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.