Overview
What is Chicago Rowing Foundation?
The Chicago Rowing Foundation, located at 3400 N Rockwell St, Chicago, Illinois, is a dedicated nonprofit organization. Their primary mission is to propagate sweep rowing and sculling within the greater Chicago Metropolitan area. They achieve this by educating, coaching, and training both youth and adults in rowing skills and water safety. The foundation runs a highly regarded High School Program and various Learn to Row programs, utilizing a holistic approach to the athletes' physical, mental, and social well-being. This comprehensive approach helps develop the athletes into well-rounded individuals and successful team members. The High School Program participates in both regional and national championships, offering opportunities for college entry and a chance to be part of the U.S. Junior National Rowing Team. The foundation has a workforce of 47 dedicated individuals.
Official website here: www.rowchicago.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The Chicago Rowing Foundation has achieved a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. With an overall score of 88%, the charity excels in areas such as board independence, audit oversight, and management of financial statements, reflecting a commitment to transparency and responsible management of resources.
The organization boasts a majority of independent board members and scores full points in several key governance areas, such as the absence of material asset diversion and the presence of a conflict of interest policy. Its financial ratios also demonstrate a healthy balance, with a program expense ratio of 70.19%, suggesting that a significant portion of its expenditures directly support its mission.
However, there are noted limitations, particularly regarding the absence of a whistleblower policy and document retention and destruction protocols, which scored zero points. Addressing these areas could enhance the foundation's accountability practices, further solidifying trust among stakeholders and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Chicago Rowing Foundation legitimate?
Chicago Rowing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Rowing Foundation 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: $127,613
Professional Fundraising Fees: $0
Other Salaries and Wages: $355,834
For more financial information, click here
Official website here: www.rowchicago.com
What is the mission statement of Chicago Rowing Foundation?
The Chicago Rowing Foundation's mission is centered around promoting and fostering both sweep rowing and sculling for youth and adults in a wider Chicago area. Their objective includes educating, coaching, and training the public in rowing skills and water safety. The foundation conducts a renowned High School Program and various Learn to Row programs, employing a holistic approach to athletes' physical, mental, and social well-being. This approach cultivates these individuals into successful and victorious team members. The High School Program participates in both regional and national championships, providing opportunities for local students to gain college admission through their rowing abilities and an opportunity to compete for positions on the U.S. Junior National Rowing Team.
Official website here: www.rowchicago.com
Who is the CEO of Chicago Rowing Foundation?
Su Bermingham is the President of Chicago Rowing Foundation.
Official website here: www.rowchicago.com
What is the revenue of Chicago Rowing Foundation?
Chicago Rowing Foundation's revenue in 2022 was $1,432,567.
Official website here: www.rowchicago.com
Who are the executives of Chicago Rowing Foundation and what are their salaries?
The average compensation at Chicago Rowing Foundation during 2022 was $10,286. There are 47 employees and 30 volunteers at Chicago Rowing Foundation.
Here are 8 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: $24,630
- Related: $0
- Other: $0
- Compensation: $118,030
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rowchicago.com
Where can I find the form 990 for Chicago Rowing Foundation?
Chicago Rowing Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rowchicago.com
Learn more at the official website: www.rowchicago.com
Mission Statement of Chicago Rowing Foundation
The Chicago Rowing Foundation, an organization dedicated to the promotion of rowing, has a mission to foster and support both sweep rowing and sculling for both youth and adults residing in the Greater Chicago Metropolitan Area. Their goal is threefold: to educate, coach, and train the public in rowing skills and in-water safety. Through their comprehensive approach, they aim to nurture the physical, mental, and social well-being of their athletes, cultivating them into successful individuals and formidable teams. The High School Program, a prominent part of their offerings, participates in both regional and national championships, offering local opportunities for students to hone their rowing skills and potentially secure spots on the U.S. Junior National Rowing Team. The Chicago Rowing Foundation's mission is to contribute to the development of skilled rowers while fostering a sense of community and camaraderie in the sport.
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 Chicago Rowing Foundation has significantly impacted the Greater Chicago Metropolitan area by promoting and fostering the sport of rowing among youth and adults. Through a highly competitive High School Program, the foundation provides athletes with the opportunity to compete at both regional and national levels, opening doors to college admissions based on their rowing skills and paving the way for potential inclusion on the U.S. Junior National Rowing Team.
The foundation also offers various Learn to Row programs, aimed at educating and training the general public in rowing techniques and in-water safety. This comprehensive approach enhances not just athletic skills but also supports the physical, mental, and social well-being of its participants. By cultivating teamwork and resilience, the Chicago Rowing Foundation plays a vital role in shaping successful individuals and fostering winning teams within the local community.
This information is meant to be a general summary of Chicago Rowing Foundation. 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: $25,988
- Program Service Revenue: $1,264,022
- Gross Receipts: $1,466,124
Assets and Liabilities:
- Total Assets: $1,145,742
- Total Liabilities: $425,963
- Net Assets: $719,779
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.
Rowing fees
Revenue
$997,355
Regatta fees
Revenue
$155,798
Other
Revenue
$110,869
Organization Details
Founding Year
1980
Phone
(312) 832-9068Principal Officer
Su Bermingham
Main Address
3400 N Rockwell St, Chicago, IL, 60618
Website
www.rowchicago.comNTEE Category
Code: N67 - Recreation
If you are a representative of Chicago Rowing Foundation 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.