Duluth Rowing Club Inc in Duluth, Minnesota (MN)

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Duluth Rowing Club Inc
Employer Identification Number (EIN)411353107
Name of OrganizationDuluth Rowing Club Inc
AddressPO BOX 3654, Duluth, MN 55803-3654
ActivitiesTraining in sports
SubsectionEducational Organization
Ruling Date08/1979
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$500,000 to $999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$541,882
Amount of Income$348,016
Form 990 Revenue Amount$345,030
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Recreational, Pleasure, or Social Club


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Amount of income in 2013: $348,016
Duluth Rowing Club Inc: 

 $348,016
Other organizations performing similar types of work: 

 $3,264,933

Assets in 2013: $541,882
Duluth Rowing Club Inc: 

 $541,882
Other organizations performing similar types of work: 

 $4,146,183

Expenses in 2013: $54,767
This organization: 

 $54,767
Other organizations performing similar types of work: 

 $2,756,992

Income to expenses ratio in 2013: 6.4
Duluth Rowing Club Inc: 

 6.4
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2013: 84.2%
This organization: 

 84.2%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?Yes
Is the organization required to complete Schedule B, Schedule of Contributors?Yes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?No
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?No
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?No
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?No
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?No
Did the organization maintain collections of works of art, historical treasures, or other similar assets?No
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?No
Did the organization report an amount for land, buildings, and equipment?Yes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?No
Did the organization report an amount for investments-program related that is 5% or more of its total assets?No
Did the organization report an amount for other assets that is 5% or more of its total assets?No
Did the organization report an amount for other liabilities?No
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?No
Did the organization obtain separate, independent audited financial statements for the tax year?No
Was the organization included in consolidated, independent audited financial statements for the tax year?No
Is the organization a school described in section 170(b)(1)(A)(ii)?No
Did the organization maintain an office, employees, or agents outside of the United States?No
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?No
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?No
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?No
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?No
Did the organization report more than $15,000 total of fundraising event gross income and contributions?No
Did the organization report more than $15,000 of gross income from gaming activities?No
Did the organization operate one or more hospital facilities?No
Did the organization attach a copy of its audited financial statements?No
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?No
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?No
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?No
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?No
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?No
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?No
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?No
Did the organization engage in an excess benefit transaction with a disqualified person during the year?No
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?No
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?No
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?No
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?No
A family member of a current or former officer, director, trustee, or key employee?No
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?No
Did the organization receive more than $25,000 in non-cash contributions?No
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?No
Did the organization liquidate, terminate, or dissolve and cease operations?No
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?No
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?No
Was the organization related to any tax-exempt or taxable entity?No
Did the organization have a controlled entity within the meaning of section 512(b)(13)?No
Did the organization make any transfers to an exempt non-charitable related organization?No
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?No
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 10962
The number of Forms W-2G0
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?No
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return0
Did the organization file all required federal employment tax returns?No
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Has it filed a Form 990-T for this year?NoNoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?No
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?No
Did the organization file Form 8886-T?No
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?No
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?No
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?No
Did the organization notify the donor of the value of the goods or services provided?No
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?No
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?No
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?No
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?No
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?No
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?No
Did the sponsoring organization make any taxable distributions under section 4966?No
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Is the organization filing Form 990 in lieu of Form 1041?No
The amount of tax-exempt interest received or accrued during the year$0
Is the organization licensed to issue qualified health plans in more than one state?No
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0
The amount of reserves on hand$0
Did the organization receive any payments for indoor tanning services during the tax year?No
Has it filed a Form 720 to report these payments?No
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$7,400
Total reportable compensation from related organizations$0
Total estimated amount of other compensation from the organization and related organizations$0
Total number of individuals who received more than $100,000 of reportable compensation from the organization0
Total number of independent contractors who received more than $100,000 of compensation from the organization0
Statement of Revenue
201120122013
Total revenue$345,030
Contributions, Gifts, Grants and Other Similar Amounts$290,654
Program Service Revenue$52,351
0$26,298
0$26,053
All other program service revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$2,204
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain/loss from sales of assets other than inventory$0
Net income/loss from fundraising events$3,807$0$0
Net income/loss from gaming activities$0
Net income/loss from sales of inventory$-179
Gross sales of inventory, less returns and allowances$2,807
Less: cost of goods sold$2,986
Miscellaneous Revenue$0
Statement of Functional Expenses
201120122013
Total functional expenses$54,767
Grants and other assistance to domestic organizations and domestic governments$0
Grants and other assistance to domestic individuals$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, trustees, and key employees$7,400
Compensation not included above, to disqualified persons$0
Other salaries and wages$0
Pension plan accruals and contributions$0
Other employee benefits$0
Payroll taxes$0
Fees for services (non-employees)
Management$0
Legal$0
Accounting$0
Lobbying$0
Professional fundraising services$0
Investment management fees$0
Other$0
Advertising and promotion$149
Office expenses$0
Information technology$0
Royalties$0
Occupancy$5,674
Travel$0
Payments of travel or entertainment expenses for any federal, state, or local public officials$0
Conferences, conventions, and meetings$0
Interest$0
Payments to affiliates$0
Depreciation, depletion, and amortization$11,301
Insurance$5,709
Other expenses$16,475
Other expenses$4,600
Other expenses$2,805
Other expenses$562
Other expenses$92
Balance Sheet
201120122013
Total assets$134,207$245,015$541,882
Cash - non-interest-bearing$35,801
Savings and temporary cash investments$387,319
Pledges and grants receivable, net$0
Accounts receivable, net$0
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0
Notes and loans receivable, net$0
Inventories for sale or use$960
Prepaid expenses and deferred charges$0
Land, buildings, and equipment: cost or other basis$81,349
Investments - publicly traded securities$36,453
Investments - other securities$0
Investments - program-related$0
Intangible assets$0
Other assets$0
Total liabilities$0$0$0
Total net assets or fund balances$541,882
Unrestricted net assets$521,882
Temporarily restricted net assets$20,000
Permanently restricted net assets$0
Capital stock or trust principal, or current funds$0
Paid-in or capital surplus, or land, building, or equipment fund$0
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$69,856
Subtotal Support$89,114
Gifts, grants, contributions, and membership fees received$89,114
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$19,258
Total Support$95,676
Public Support$89,114
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$6,562
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$205,434
Revenue, Expenses, and Changes in Net Assets or Fund Balances
2001200220032004200520062007
Total revenue$32,394$29,101$35,385$45,491$46,630$46,288$59,190
Contributions, gifts, grants, and similar amounts received$13,230$6,892$1,656$17,001$15,180$2,998$2,968
Program service revenue including government fees and contracts$9,461$10,662$13,737$10,110$12,295$24,291$35,631
Membership dues and assessments$9,170$10,116$14,635$13,969$17,587$17,759$19,615
Investment income$903$1,431$1,459$633$1,108$1,048$921
Gain or (loss) from sales of assets other than inventory$0$0$0$2,246$0$0$2,080
Gross amount from sales of assets other than inventory$0$0$0$13,564$1,673$0$3,250
Less: cost or other basis and sales expenses$0$0$0$11,318$1,673$0$1,170
Net income or (loss) from special events and activities$-370$0$3,066$1,532$460$192$-2,025
Gross revenue$505$0$3,066$1,532$460$4,426$2,267
Less: direct expenses other than fundraising expenses$875$0$0$0$0$4,234$4,292
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0
Other revenue$0$0$832$0$0$0$0
Total expenses$26,474$24,377$32,041$36,045$35,790$50,688$45,985
Grants and similar amounts paid$0$0$0$0$0$0$0
Benefits paid to or for members$0$0$0$0$0$0$0
Salaries, other compensation, and employee benefits$0$0$0$0$0$0$0
Professional fees and other payments to independent contractors$0$0$0$1,500$0$0$500
Occupancy, rent, utilities, and maintenance$6,112$6,159$7,556$9,573$10,237$8,901$6,929
Printing, publications, postage, and shipping$0$0$0$0$0$0$0
Other expenses$20,362$18,218$24,485$24,972$25,553$41,787$38,556
Net assets or fund balances at end of year$70,809$75,533$78,877$88,323$99,163$94,763$107,968
Excess or (deficit) for the year$5,920$4,724$3,344$9,446$10,840$-4,400$13,205
Net assets or fund balances at beginning of year$64,889$70,809$75,533$78,877$88,323$99,163$94,763
Other changes in net assets or fund balances$0$0$0$0$0$0$0
Balance Sheets
2001200220032004200520062007
Total assets$70,808$75,532$78,877$91,121$99,163$94,763$107,968
Cash, savings, and investments$33,894$39,681$36,173$37,910$24,265$25,706$23,736
Land and buildings$0$0$0$0$0$0$0
Other assets$36,914$35,851$42,704$53,211$74,898$69,057$84,232
Total liabilities$0$0$0$2,798$0$0$0
Net assets or fund balances$70,809$75,533$78,877$88,323$99,163$94,763$107,968
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
2000200120022003200420052006
Total$25,663$32,764$29,201$31,487$45,491$46,630$50,522
Gifts, grants, and contributions received$8,479$13,230$6,892$1,656$17,001$15,180$2,998
Membership fees received$5,710$9,170$10,116$14,635$13,969$17,587$17,759
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$10,187$9,461$10,662$13,737$11,642$12,755$28,717
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$1,287$903$1,531$1,459$633$1,108$1,048
Net income from unrelated business activities not included above$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0
Other income$0$0$0$0$2,246$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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2Westwood Country Club CoPO BOX 16459, Rocky River, OH 44116-0459OH1940-12$7,053,364
3Woodlands Club39 Woods Rd, Falmouth, ME 04105-1153ME1987-01$6,871,056
4Westchester Hills Golf Club401 Ridgeway, White Plains, NY 10605-4205NY1934-11$6,237,093
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8Toastmasters International863176 Carlson Toastmasters 8074 Norwood Lane N, Maple Grove, MN 55369MN1945-05$0
9Toastmasters International1225 9th Ave Se, Rochester, MN 55904-5375MN1945-05$0
10Toastmasters International6040 28th Ave S, Minneapolis, MN 55450-2701MN1945-05$0
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12Toastmasters International3039 Pine Ridge Dr, Eagan, MN 55121MN1945-05$0
13Toastmasters International3241 29th Ave S, Minneapolis, MN 55406-2564MN1945-05$0
14Toastmasters InternationalOne Lillehei Plaza, St Paul, MN 55117MN1945-05$0
15Toastmasters International13429 87th Way N, Maple Grove, MN 55369-4658MN1945-05$0
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Number of organizations performing similar types of work
Alaska3
Alabama17
Arkansas11
Arizona47
California229
Colorado25
Connecticut61
District of Columbia21
Delaware15
Florida133
Georgia62
Hawaii9
Iowa26
Idaho6
Illinois116
Indiana39
Kansas20
Kentucky14
Louisiana22
Massachusetts81
Maryland57
Maine14
Michigan75
Minnesota29
Missouri42
Mississippi9
Montana2
North Carolina71
North Dakota5
Nebraska9
New Hampshire8
New Jersey72
New Mexico13
Nevada13
New York148
Ohio84
Oklahoma12
Oregon25
Pennsylvania118
Rhode Island16
South Carolina28
South Dakota3
Tennessee28
Texas122
Utah11
Virginia81
Vermont5
Washington58
Wisconsin30
West Virginia5
Wyoming5
International1
Total2,156

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