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Los Gatos Rowing Club

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

EIN: 942711944 ✦ Los gatos, CA ✦ Designated as a 501(c)(3)

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Overview

What is Los Gatos Rowing Club?

The Los Gatos Rowing Club is a nonprofit organization situated in LOS GATOS, CA (95031). With a dedicated workforce of 28 individuals, their primary purpose is to offer instruction, training, and competitive rowing opportunities to more than 200 youths and adults. This inclusive program aims to foster a competitive and educational environment for individuals of all ages, promoting the sport of rowing and its associated skills.


Official website here: www.lgrc.org

Is Los Gatos Rowing Club legitimate?

Los Gatos Rowing Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Gatos 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: $110,415
Professional Fundraising Fees: $0
Other Salaries and Wages: $390,412

For more financial information, click here


Official website here: www.lgrc.org

What is the mission statement of Los Gatos Rowing Club?

The Los Gatos Rowing Club is dedicated to offering a competitive and educational rowing program for both youths and adults. Their mission is to provide instruction, training, and competitive opportunities for over 200 individuals, fostering their growth and development in the sport. The club aims to create an inclusive and supportive environment, encouraging participation and improvement in rowing skills.


Official website here: www.lgrc.org

What is the revenue of Los Gatos Rowing Club?

Los Gatos Rowing Club's revenue in 2023 was $961,275.


Official website here: www.lgrc.org

Who are the executives of Los Gatos Rowing Club and what are their salaries?

The average compensation at Los Gatos Rowing Club during 2023 was $18,549. There are 27 employees and 125 volunteers at Los Gatos Rowing Club.

Here are 10 key members and their salaries:


Jaime Velez (Executive Director)
  • Compensation: $110,415
  • Related: $0
  • Other: $0
Marc Roskow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiffany Spaulding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Duryea (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Timpe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clark Donahue (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Moultrup (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Klitgaard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Lopez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lois Vega (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lgrc.org

Where can I find the form 990 for Los Gatos Rowing Club?

Los Gatos Rowing Club's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.lgrc.org

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

Mission Statement of Los Gatos Rowing Club

Los Gatos Rowing Club, in its mission, aims to offer a competitive and instructional rowing program for both youths and adults. This nonprofit organization provides an avenue for individuals to learn, train, and participate in rowing activities, catering to over 200 participants. The club's focus is on fostering a competitive environment while also offering valuable instruction to ensure the continuous development of its members.

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Impact




October, 2024

Los Gatos Rowing Club significantly impacts the community by offering a competitive and instructional rowing program that serves over 200 youth and adults in Los Gatos, California. Through comprehensive coaching and training, participants gain vital skills in teamwork, discipline, and physical fitness. The club fosters a strong sense of community, encouraging individuals to pursue their athletic goals while developing lifelong friendships. Additionally, the program promotes a love for the sport of rowing, enhancing the recreational and competitive landscape in the region. Overall, the club plays a crucial role in shaping the lives of its members and enriching the local culture through sport.




This information is meant to be a general summary of Los Gatos 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.

Revenue
$961,275 (2023)
Expenses
$1,033,775 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3,808
  • Program Service Revenue: $890,980
  • Gross Receipts: $991,181

Assets and Liabilities:

  • Total Assets: $1,335,810
  • Total Liabilities: $122,654
  • Net Assets: $1,213,156

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Programs

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

Membership Dues & Assessments

Revenue

$55,755

ROWING INSTRUCTION

Revenue

$835,225

Organization Details

Founding Year

1980

Principal Officer

Lois Vega

NTEE Category

Code: N40 - Recreation

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