Michigan Rowing Association

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

EIN: 382424611 ✦ Ann arbor, MI ✦ Designated as a 501(c)(3)

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Overview

What is Michigan Rowing Association?

The Michigan Rowing Association (MRA) is a nonprofit organization based in Ann Arbor, Michigan. Primarily, it supports and advances the sport of rowing for the University of Michigan Rowing Team (UMRT) and encourages rowing within the local Ann Arbor community. The organization is closely tied to UMRT, as the income generated by the program falls under MRA's purview. Established for liability reasons, MRA does not own UMRT's equipment; instead, any equipment purchased for UMRT is immediately donated to the team. To cover expenses such as coaches' salaries, equipment, and insurance, MRA collects program service fees. With a staff of three dedicated individuals, MRA plays a significant role in nurturing and promoting rowing in Michigan.


Official website here: www.michiganrowingassociation.org

Is Michigan Rowing Association legitimate?

Michigan Rowing Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan 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: $22,533

For more financial information, click here


Official website here: www.michiganrowingassociation.org

What is the mission statement of Michigan Rowing Association?

The Michigan Rowing Association (MRA) primarily supports and advances the sport of rowing, primarily for the University of Michigan Rowing Team (UMRT), and promotes rowing within the Ann Arbor, Michigan community. Tied to UMRT, MRA manages the income generated by the rowing program, with any equipment purchases made for UMRT immediately donated to them. Formed due to its stability, MRA collects program service fees to cover coach salaries, equipment, and insurance expenses.


Official website here: www.michiganrowingassociation.org

Who is the CEO of Michigan Rowing Association?

Steve Sikora is the President of Michigan Rowing Association.


Official website here: www.michiganrowingassociation.org

What is the revenue of Michigan Rowing Association?

Michigan Rowing Association's revenue in 2022 was $327,710.


Official website here: www.michiganrowingassociation.org

Who are the executives of Michigan Rowing Association and what are their salaries?

The average compensation at Michigan Rowing Association during 2022 was $7,511. There are 3 employees and 9 volunteers at Michigan Rowing Association.


Here are 9 key members and their salaries:


Patrick Finn (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Vear (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Sikora (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Brock (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lakin Vitton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Burstein (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Matherly (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Peszek (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryon Jesnig (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.michiganrowingassociation.org

Where can I find the form 990 for Michigan Rowing Association?

Michigan Rowing Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.michiganrowingassociation.org

Learn more at the official website: www.michiganrowingassociation.org

Mission Statement of Michigan Rowing Association

The Michigan Rowing Association (MRA) is an organization that predominantly fosters and supports the sport of rowing for the University of Michigan Rowing Team (UMRT) and promotes rowing within the Ann Arbor, Michigan community. Tied to UMRT, MRA manages the income generated by the program under its auspices. Formed due to its perceived stability, MRA does not hold the title to the UMRT equipment, and any equipment purchased in relation to UMRT is promptly donated to the team. MRA collects program service fees to cover the cost of coaches, equipment, and insurance. The association's primary mission is to support the University of Michigan Rowing Team and expand the popularity of rowing within its local community.

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Impact




October, 2024

The Michigan Rowing Association (MRA) significantly impacts the sport of rowing at the University of Michigan and within the Ann Arbor community by providing essential support and resources. By facilitating financial stability and organization, MRA sustains the University of Michigan Rowing Team (UMRT) through the collection of program service fees that cover coaching, equipment, and insurance costs.

The MRA fosters a vibrant rowing environment that encourages student-athletes to excel in their sport while helping to cultivate a supportive community around rowing. Their commitment to immediately donating any purchased equipment to UMRT ensures that the team has access to up-to-date resources, enhancing the athletes' training and competitive experiences.

Furthermore, MRA’s existence allows for a more stable organizational framework compared to UMRT alone, mitigating liability concerns and ensuring that the focus remains on the development of the athletes and the growth of the sport. By championing rowing activities, MRA not only elevates the university's athletic profile but also enriches the local community’s engagement with the sport, promoting fitness and teamwork among participants of all ages.




This information is meant to be a general summary of Michigan 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.

Revenue
$327,710 (2022)
Expenses
$258,325 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $408
  • Gross Receipts: $327,710

Assets and Liabilities:

  • Total Assets: $297,300
  • Total Liabilities: $0
  • Net Assets: $297,300

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Organization Details

Founding Year

1982

Principal Officer

Steve Sikora

Main Address

PO BOX 7164, ANN ARBOR, MI, 48107

NTEE Category

Code: N67 - Recreation

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