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Nonprofiteer
← UNITED STATES ROWING ASSOCIATION

Form 990 for tax year 2022

Filed by UNITED STATES ROWING ASSOCIATION.

Totals

Total revenue
$12,757,378
Total expenses
$14,171,464
Contributions and grants received
$4,822,450
Grants paid
$100,895
Program service revenue
$7,360,429
Investment income
-$58,150
Other revenue
$632,649
Total assets, end of year
$2,488,873
Total liabilities, end of year
$2,208,206
Net assets or fund balances, end of year
$280,667
Program services expenses (Part IX)
$11,022,105
Management and general expenses
$1,893,098
Fundraising expenses
$1,256,261
Program service expenses (Part III)
$11,022,105

Program services were 77.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $195,975

  • 1d · Related organizations

    $100,000

  • 1e · Government grants (contributions)

    $468,413

  • 1f · All other contributions, gifts and grants

    $4,058,062

  • 2a · Program service revenue: REGATTAS/CAMPS

    total $3,935,757 · related or exempt $3,935,757

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $3,424,672 · related or exempt $3,424,672

  • 3 · Investment income

    total $19,994 · excluded $19,994

  • 7a · Gross sales of assets other than inventory

    securities $240,132

  • 7b · Less cost or other basis and sales expenses

    securities $318,276

  • 7c · Gain or loss

    securities -$78,144

  • 7d · Net gain or loss

    total -$78,144 · excluded -$78,144

  • 8a · Fundraising events: gross income

    $254,124

  • 8a · Fundraising events: contributions included on line 1c

    $195,975

  • 8b · Fundraising events: direct expenses

    $133,578

  • 8c · Net income from fundraising events

    total $120,546 · excluded $120,546

  • 10a · Gross sales of inventory

    $363,576

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $363,576 · related or exempt $363,576

  • 11a · Other revenue: OTHER INCOME

    total $148,527 · related or exempt $148,527

  • 11e · Other revenue, total

    $148,527

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $100,895 · program services $100,895

  • 5 · Compensation of officers, directors and key employees

    total $300,811 · program services $183,112 · management and general $59,212 · fundraising $58,487

  • 7 · Other salaries and wages

    total $3,147,932 · program services $1,920,065 · management and general $614,499 · fundraising $613,368

  • 8 · Pension plan contributions

    total $54,875 · program services $36,464 · management and general $6,889 · fundraising $11,522

  • 9 · Other employee benefits

    total $225,516 · program services $128,123 · management and general $56,680 · fundraising $40,713

  • 10 · Payroll taxes

    total $285,496 · program services $192,608 · management and general $32,589 · fundraising $60,299

  • 11b · Fees: legal

    total $124,075 · program services $8,417 · management and general $115,658

  • 11c · Fees: accounting

    total $27,500 · management and general $27,500

  • 11f · Fees: investment management

    total $5,761 · management and general $5,761

  • 11g · Fees: other

    total $947,875 · program services $447,165 · management and general $432,376 · fundraising $68,334

  • 12 · Advertising and promotion

    total $191,169 · program services $128,331 · management and general $47,280 · fundraising $15,558

  • 13 · Office expenses

    total $179,702 · program services $107,667 · management and general $36,511 · fundraising $35,524

  • 16 · Occupancy

    total $274,838 · program services $188,594 · management and general $86,234 · fundraising $10

  • 17 · Travel

    total $2,862,509 · program services $2,677,924 · management and general $70,992 · fundraising $113,593

  • 22 · Depreciation, depletion and amortization

    total $100,965 · program services $32,439 · management and general $68,526

  • 23 · Insurance

    total $1,424,717 · program services $1,400,341 · management and general $24,376

  • 24a · Other expenses: EVENTS

    total $2,321,862 · program services $2,045,574 · management and general $62,630 · fundraising $213,658

  • 24b · Other expenses: INCLUSION AND GRANT EXP

    total $556,169 · program services $556,169

  • 24c · Other expenses: STIPENDS

    total $405,124 · program services $404,624 · management and general $500

  • 24d · Other expenses: UNIFORMS

    total $283,023 · program services $283,023

  • 24e · All other expenses

    total $350,650 · program services $180,570 · management and general $144,885 · fundraising $25,195

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,956,299 · end of year $465,106

  • 2 · Savings and temporary cash investments

    beginning of year $738,838 · end of year $686,622

  • 4 · Accounts receivable

    beginning of year $327,029 · end of year $355,512

  • 9 · Prepaid expenses and deferred charges

    beginning of year $185,925 · end of year $278,373

  • 10a · Land, buildings and equipment: cost or other basis

    $1,493,981

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,455,597

  • 10c · Land, buildings and equipment, net

    beginning of year $125,724 · end of year $38,384

  • 11 · Investments: publicly traded securities

    beginning of year $607,311 · end of year $529,422

  • 15 · Other assets

    beginning of year $0 · end of year $135,454

  • 17 · Accounts payable and accrued expenses

    beginning of year $404,830 · end of year $454,886

  • 19 · Deferred revenue

    beginning of year $1,375,757 · end of year $1,468,887

  • 23 · Secured mortgages and notes payable

    beginning of year $466,633 · end of year $148,979

  • 25 · Other liabilities

    beginning of year $0 · end of year $135,454

  • 27 · Net assets without donor restrictions

    beginning of year -$100,905 · end of year -$248,755

  • 28 · Net assets with donor restrictions

    beginning of year $1,794,811 · end of year $529,422

Mission and programs · 2022

Mission

TO STEWARD, STRENGTHEN, AND GROW AMERICAN ROWING BY CHAMPIONING PERFORMANCE AND IGNITING NEW PASSION FOR THE SPORT. (SEE SCHEDULE O).

Activities or mission (Part I)

TO STEWARD, STRENGTHEN, AND GROW AMERICAN ROWING

  • TO PROVIDE FINANCING, EQUIPMENT, AND RESOURCES FOR THE NATIONAL AND JUNIOR NATIONAL TEAMS TO ALLOW THEM TO TRAIN AND COMPETE.

    Expenses $6,201,672 · Grants $100,895 · Revenue $1,606,295

  • TO PROMOTE THE DEVELOPMENT FOR THE SPORT OF ROWING THROUGHOUT THE UNITED STATES OF AMERICA AND TO PROVIDE SUPPORT FOR PROGRAMMATIC ACTIVITIES DURING THE YEAR. TO ORGANIZE AND HOLD REGATTAS, CONFERENCES, AND OTHER EVENTS RELATED TO THE PROMOTION OF THE SPORT OF ROWING.

    Expenses $4,820,433 · Revenue $5,754,134

As filed on the 2022 return.

Listed in Part VII

  • Sharon Wienbar

    WESTERN REGION REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    10
  • Taylor Ritzel

    FEMALE ATHLETE REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    10
  • Dariush Aghai

    MALE ATHLETE REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    10
  • Lisa Stone

    NORTHEAST REGION REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    10
  • Kevin Harris

    AT-LARGE REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    10
  • Nobuhisa Ishizuka

    AT-LARGE REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    10
  • Marnie Stahl

    CENTRAL REGION REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    10
  • Sara Hendershot

    USOC-AAC ATHLETE REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    10
  • Robin Prendes

    USOC-AAC ALTERNATE ATHLETE REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    10
  • Steven Pritzker

    AT-LARGE REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    10 + 1 related
  • Donald Reynolds

    AT-LARGE REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    10
  • Stephen N Ciraolo

    ATLANTIC REGION REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    10
  • Amanda Kraus

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $300,811
    From this org
    $292,050
    From related orgs
    $0
    Other
    $8,761
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $242,050
    Bonus
    $50,000
    Other
    $0
    Deferred
    $8,761
    Nontaxable benefits
    $0
    Filer's total
    $300,811
  • Johannes Verdonkscot

    CHIEF HIGH PERFORMING OFFICER

    Total calculated
    $201,205
    From this org
    $196,331
    From related orgs
    $0
    Other
    $4,874
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,331
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $4,874
    Filer's total
    $201,205
  • Richard Cacioppo

    CHIEF PROGRAM OFFICER

    Total calculated
    $166,712
    From this org
    $157,290
    From related orgs
    $0
    Other
    $9,422
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,290
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $9,422
    Filer's total
    $166,712
  • Tracy Brown

    SENIOR DIRECTOR, PHILANTHROPIC GIVING

    Total calculated
    $144,370
    From this org
    $131,139
    From related orgs
    $0
    Other
    $13,231
    Hours/week
    40
  • Laurel Korholz

    COACH

    Total calculated
    $146,728
    From this org
    $134,333
    From related orgs
    $0
    Other
    $12,395
    Hours/week
    40
  • Marc Nowak

    DIRECTOR OF ATHLETE HEALTH

    Total calculated
    $163,141
    From this org
    $148,407
    From related orgs
    $0
    Other
    $14,734
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,407
    Bonus
    $0
    Other
    $0
    Deferred
    $4,456
    Nontaxable benefits
    $10,278
    Filer's total
    $163,141

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Travel for companions
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • CASITAS FUND INC

    501(C)(3) · TO ACT FOR THE EXCLUSIVE BENEFIT OF THE US ROWING · IN · controlled entity

    Directly controlled by UNITED STATES ROWING

Provenance

Return type
form_990
Tax year
2022
Filed
11 November 2023
IRS schema version
2022v5.0
Source object
202313199349307781

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