Overview
What is Lake Washington Rowing Club?
The Lake Washington Rowing Club, located in Seattle, Washington, serves as a vibrant hub for the sport of rowing in the greater Seattle area. With a dedicated workforce of 16 individuals, the club offers specialized programs for masters rowers, catering to both competitive racing and the simple enjoyment of rowing. Over 150 enthusiasts participate in these programs, representing a significant portion of the club's membership. These members not only engage locally but also extend their passion nationally and internationally by participating in races. The Lake Washington Rowing Club's mission is to nurture and promote the sport of rowing, contributing to the rich cultural landscape of Seattle.
Official website here: www.lakewashingtonrowing.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (69%)
Lake Washington Rowing Club has received a Two-Star out of Four Star rating from Charity Navigator, reflecting a need for improvement in its accountability and financial practices. While the organization boasts a fully independent board and a strong program expense ratio of 86.56%, which indicates a significant portion of its resources are directed toward its mission, several critical governance policies are lacking.
The organization scored poorly in areas such as financial transparency and governance, receiving no points for the absence of key policies, including a conflict of interest policy and a whistleblower policy. Additionally, financial statements are not available, which raises concerns about the organization's financial accountability. Despite these limitations, there are no reported issues regarding material diversion of assets, suggesting sound operational integrity.
Overall, while Lake Washington Rowing Club demonstrates strengths in certain areas, the gaps in governance and financial disclosure highlight important areas for improvement to enhance trust and accountability with its stakeholders. Addressing these deficiencies may help the organization to improve its overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Washington Rowing Club legitimate?
Lake Washington Rowing Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Washington Rowing Club 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: $105,306
For more financial information, click here
Official website here: www.lakewashingtonrowing.com
What is the mission statement of Lake Washington Rowing Club?
The Lake Washington Rowing Club's mission is centered around promoting and advancing the sport of rowing within the greater Seattle area. In pursuit of this goal, the club offers coaching programs for masters rowers, enabling them to excel in both competitive racing and the simple joy of rowing. With over 150 members participating in these programs, many of them participate in both local and international races.
Official website here: www.lakewashingtonrowing.com
Who is the CEO of Lake Washington Rowing Club?
Carolyn Fletcher is the Director & Co-Captain of Lake Washington Rowing Club.
Official website here: www.lakewashingtonrowing.com
What is the revenue of Lake Washington Rowing Club?
Lake Washington Rowing Club's revenue in 2022 was $610,580.
Official website here: www.lakewashingtonrowing.com
Who are the executives of Lake Washington Rowing Club and what are their salaries?
The average compensation at Lake Washington Rowing Club during 2022 was $6,582. There are 16 employees and 110 volunteers at Lake Washington Rowing Club.
Here are 7 key members and their salaries:
- Compensation: $6,790
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- Other: $0
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- Other: $0
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Official website here: www.lakewashingtonrowing.com
Where can I find the form 990 for Lake Washington Rowing Club?
Lake Washington Rowing Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakewashingtonrowing.com
Learn more at the official website: www.lakewashingtonrowing.com
Mission Statement of Lake Washington Rowing Club
Lake Washington Rowing Club, a renowned organization, is dedicated to promoting and advancing the sport of rowing in the broader Seattle area. Their primary mission is to cater to the interests of master rowers, offering them opportunities for both competitive racing and leisurely rowing experiences. With over 150 members actively participating in their masters coaching programs, the club has a significant impact on the rowing community. Many of these members not only engage in local competitions but also represent the club at races on a national and international level.
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Impact
July, 2024
Lake Washington Rowing Club has a significant impact on the rowing community in the greater Seattle area. With a focus on both competitive racing and the enjoyment of rowing, the club provides training programs for masters rowers to improve their skills and participate in races at local, national, and even international levels. With over 150 members actively involved in these coaching programs, Lake Washington Rowing Club plays a key role in fostering a vibrant rowing culture in Seattle.
This information is meant to be a general summary of Lake Washington Rowing Club. 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: $9,878
- Program Service Revenue: $523,842
- Gross Receipts: $628,947
Assets and Liabilities:
- Total Assets: $1,732,186
- Total Liabilities: $2,281
- Net Assets: $1,729,905
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membershiup Dues, Boat Storage & Rental
Revenue
$382,191
Head of the Lake
Revenue
$58,430
Educational Programs
Revenue
$32,078
Masters Coaching
Revenue
$51,143
Organization Details
Founding Year
1977
Phone
(206) 547-1583Principal Officer
Carolyn Fletcher
Main Address
910 N Northlake Way, Seattle, WA, 98103
Website
www.lakewashingtonrowing.comNTEE Category
Code: N670 - Recreation
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