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Connecticut Boat Club Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 273276437 ✦ Norwalk, CT ✦ Designated as a 501(c)(3)

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Overview

What is Connecticut Boat Club Inc?

Connecticut Boat Club Inc, located in Stamford, Connecticut, is a 501(c)(3) nonprofit organization dedicated to charitable, educational, and scientific purposes. Their primary mission revolves around supporting and developing amateur athletes for national and international rowing competitions, while simultaneously fostering and promoting the sport of rowing at the regional, national, and international levels. With a small team of one employee, they strive to make significant contributions to the world of rowing.

Is Connecticut Boat Club Inc legitimate?

Connecticut Boat Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Connecticut Boat Club Inc 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: $86,475
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Connecticut Boat Club Inc?

Connecticut Boat Club Inc is organized for charitable, educational, and scientific purposes, as per the Internal Revenue Code Section 501(C)(3). Their mission encompasses supporting and developing amateur athletes for national and international rowing competitions. Furthermore, they strive to foster and promote the sport of rowing at regional, national, and international levels. In essence, their goal is to contribute to the growth and development of rowing as a sport while also supporting amateur athletes in their competitive endeavors.

What is the revenue of Connecticut Boat Club Inc?

Connecticut Boat Club Inc's revenue in 2024 was $633,339.

Who are the executives of Connecticut Boat Club Inc and what are their salaries?

The average compensation at Connecticut Boat Club Inc during 2024 was $86,475. There is 1 employee at Connecticut Boat Club Inc.

Here are 7 key members and their salaries:


Spencer Weneck (President And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lizabeth Trond (Head Coach And Director)
  • Compensation: $0
  • Related: $70,000
  • Other: $0
Jim Sweitzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yan Khamish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Isaza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Busby (Treasurer And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Connecticut Boat Club Inc?

Connecticut Boat Club Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Connecticut Boat Club Inc

Connecticut Boat Club Inc, a 501(c)(3) organization, is dedicated to charitable, educational, and scientific pursuits. One of its primary objectives is to support and develop amateur rowing athletes, preparing them for national and international competitions. Furthermore, the club aims to foster and promote the sport of rowing at both regional and international levels. By doing so, Connecticut Boat Club Inc contributes to the growth and development of rowing within the broader community.

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Impact




October, 2024

Connecticut Boat Club Inc significantly impacts the local and broader rowing community by supporting the development of amateur athletes and promoting the sport at various levels. By focusing on training and resources, the club helps athletes reach their potential, preparing them for national and international competitions.

The club acts as a hub for rowing education, providing coaching, access to facilities, and fostering a passion for the sport among participants. Its initiatives not only enhance athletic skills but also cultivate teamwork, discipline, and a sense of community. The emphasis on fostering rowing within the region encourages participation across diverse demographics, promoting a healthy and active lifestyle.

Moreover, Connecticut Boat Club Inc's engagement in national and international competitions elevates the profile of rowing in Connecticut, inspiring future generations to take up the sport. Overall, the club plays a vital role in nurturing talent, enhancing community engagement, and contributing to the rich tapestry of amateur sports in the region.




This information is meant to be a general summary of Connecticut Boat Club Inc. 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.

Revenue
$633,339 (2024)
Expenses
$591,530 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $10
  • Program Service Revenue: $552,524
  • Gross Receipts: $653,069

Assets and Liabilities:

  • Total Assets: $435,905
  • Total Liabilities: $61,463
  • Net Assets: $374,442

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICES

Revenue

$552,524

Organization Details

Founding Year

2010

Principal Officer

Steven Busby

NTEE Category

Code: N67 - Recreation

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