Overview
What is The Potomac Boat Club Inc?
The Potomac Boat Club Inc, located in Washington, D.C., is a nonprofit organization with 320 members. Their primary mission is to foster the personal growth of their members and promote the art of water sports among amateurs. They accomplish this by engaging their members in various activities, including hosting a U.S. Rowing-designed summer training camp for junior and pre-elite athletes, running a high-performance sculling program to prepare athletes for the US National Team, and supporting a public high school rowing program, a partnership that has endured for many years. Their location on the river allows them to offer a unique blend of sport, community, and water-based activities for their members.
Official website here: www.potomacboatclub.org
Is The Potomac Boat Club Inc legitimate?
The Potomac Boat Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Potomac 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.
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Official website here: www.potomacboatclub.org
What is the mission statement of The Potomac Boat Club Inc?
The Potomac Boat Club Inc's mission is centrally focused on the betterment of its members and the fostering of water sports among amateur enthusiasts. This objective is achieved through various means, including promoting mutual improvement amongst its members and sustaining the art of water sports. The club actively supports the development of athletes at various levels, organizing annual summer training camps for juniors and pre-elite athletes, as well as a high-performance sculling program to prepare promising athletes for national teams. Additionally, the club maintains a long-standing relationship with a local public high school, offering a rowing program that has been in place for several decades.
Official website here: www.potomacboatclub.org
Who is the CEO of The Potomac Boat Club Inc?
Lena Wang is the President of The Potomac Boat Club Inc.
Official website here: www.potomacboatclub.org
What is the revenue of The Potomac Boat Club Inc?
The Potomac Boat Club Inc's revenue in 2022 was $561,397.
Official website here: www.potomacboatclub.org
Who are the executives of The Potomac Boat Club Inc and what are their salaries?
There 150 volunteers at The Potomac Boat Club Inc.
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Official website here: www.potomacboatclub.org
Where can I find the form 990 for The Potomac Boat Club Inc?
The Potomac Boat Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.potomacboatclub.org
Learn more at the official website: www.potomacboatclub.org
Mission Statement of The Potomac Boat Club Inc
The Potomac Boat Club Inc, as a nonprofit organization, is committed to fostering the personal growth and development of its members while promoting the art of water sports among amateur enthusiasts. This mission is twofold; firstly, it aims to enhance the members' abilities in water sports, and secondly, it encourages the pursuit of this activity among the broader amateur community.
In practice, this mission is reflected in several ways. The Club supports the involvement of athletes at various levels, from junior athletes to those on the brink of elite status. This is achieved through initiatives such as a yearly U.S. Rowing-designed summer training camp, a high-performance sculling program, and a long-standing partnership with a local public high school rowing program. By providing these opportunities, The Potomac Boat Club Inc is not only nurturing talent but also fostering a community that values and engages with the river and rowing as a whole.
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Impact
October, 2024
The Potomac Boat Club Inc has a significant impact on the community through its dedication to promoting water sports and fostering athletic development among its members. With a membership of 320, the club creates an inclusive environment that supports athletes at various levels of experience, from beginners to elite competitors.
One of the key initiatives is the annual U.S. Rowing-designed summer training camp, which engages junior and pre-elite athletes, helping them hone their skills and cultivate a passion for rowing. Furthermore, the high-performance sculling program nurtures promising talent, setting the stage for their potential participation in the U.S. National Team. This focus on talent development not only enhances individual athletic proficiency but also contributes to the overall growth of the sport.
The club's long-standing partnership with a public high school rowing program further underscores its commitment to the community. This relationship provides students with access to rowing, instilling teamwork, discipline, and a love for water sports that can last a lifetime.
Through these various programs and initiatives, The Potomac Boat Club Inc plays a vital role in elevating the sport of rowing, encouraging community engagement, and promoting a healthy and active lifestyle for individuals of all ages.
This information is meant to be a general summary of The Potomac 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,495
- Program Service Revenue: $281,971
- Gross Receipts: $561,397
Assets and Liabilities:
- Total Assets: $702,926
- Total Liabilities: $5,714
- Net Assets: $697,212
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMPETITIVE PROGRAM FEES
Revenue
$232,400
FACILITY USE FEES
Revenue
$48,993
SOCIAL EVENTS
Revenue
$578
Organization Details
Founding Year
1869
Phone
(202) 333-9737Principal Officer
Lena Wang
Main Address
3530 WATER ST NW, WASHINGTON, DC, 20007
Website
www.potomacboatclub.orgNTEE Category
Code: N50 - Recreation
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