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Nereid Boat Club

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

EIN: 521851558 ✦ Rutherford, NJ ✦ Designated as a 501(c)(3)

Overview

What is Nereid Boat Club?

The Nereid Boat Club, based in Rutherford, New Jersey, is a nonprofit organization primarily focused on promoting and fostering the sport of rowing among local youth. They achieve this goal by engaging with high schools through their Learn to Row programs, encouraging young individuals to participate in competitive rowing. Beyond promoting rowing, the club also serves to enhance the physical education and social interactions of its members, while contributing to the environmental conservation of the Passaic River. With a dedicated team of 12 employees, the Nereid Boat Club works towards improving the quality of life in its community.


Official website here: www.nereidbc.org

Is Nereid Boat Club legitimate?

Nereid Boat Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nereid Boat 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.

Here are some key statistics you may want to consider:

Executive Compensation: $2,153
Professional Fundraising Fees: $0
Other Salaries and Wages: $219,202

For more financial information, click here


Official website here: www.nereidbc.org

What is the mission statement of Nereid Boat Club?

The Nereid Boat Club's mission is centered around promoting and participating in the sport of rowing. It strives to enhance the physical education and social interaction among its members. Additionally, the club works towards improving the environmental conditions of the Passaic River and contributing to the well-being of the surrounding community. The club's youth rowing program aims to popularize rowing among local high school students through learn-to-row programs and encourages youth rowers to participate in competitive rowing events.


Official website here: www.nereidbc.org

Who is the CEO of Nereid Boat Club?

Ben Storch is the Member/Member Director of Nereid Boat Club.


Official website here: www.nereidbc.org

What is the revenue of Nereid Boat Club?

Nereid Boat Club's revenue in 2022 was $653,853.


Official website here: www.nereidbc.org

Who are the executives of Nereid Boat Club and what are their salaries?

The average compensation at Nereid Boat Club during 2022 was $18,446. There are 12 employees and 90 volunteers at Nereid Boat Club.

Here are 8 key members and their salaries:

    Briant Canha (Member/Member Director)
  • Compensation: $1,313
  • Related: $0
  • Other: $0

    • Kevin Wisnieski (Member/Coach) [Trustee/Director]
  • Compensation: $840
  • Related: $0
  • Other: $0

    • Martin Bouge (President And Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Storch (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Arnott (Member/Prog. Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Silvia Helou (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Schaefer (Member/Captain) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Evan Seehaus (Member/Lieutenant) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nereidbc.org

    Where can I find the form 990 for Nereid Boat Club?

    The Nereid Boat Club’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nereidbc.org

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

    Mission Statement of Nereid Boat Club

    Nereid Boat Club, a nonprofit organization, is dedicated to promoting and participating in the sport of rowing. Its primary mission is threefold: to encourage the healthful exercise of rowing among its members, to enhance and refine physical education and social interaction within the club, and to contribute to the betterment of the environmental conditions of the Passaic River. Furthermore, the club seeks to improve the quality of life in the community where it is situated.

    To accomplish its mission, Nereid Boat Club engages in various activities. One of its key initiatives is to promote rowing among local high school students. This is achieved through Learn to Row programs, which introduce young individuals to the sport. Once engaged, these youth rowers are encouraged to participate in competitive rowing. By doing so, the club not only fosters a love for rowing but also provides an opportunity for these young individuals to develop teamwork, discipline, and resilience.

    In addition to promoting rowing, Nereid Boat Club also focuses on improving the physical education and social interaction among its members. The club provides a platform for its members to engage in a healthy activity, promoting physical fitness and camaraderie. Furthermore, by contributing to the environmental condition of the Passaic River, the club demonstrates its commitment to the well-being of the community it serves. By engaging in these activities, Nereid Boat Club effectively fulfills its mission of promoting rowing, enhancing physical education, and improving the community.

    Impact

    This information is meant to be a general summary of Nereid Boat Club. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Nereid Boat Club's impact is evident in its promotion and participation in the sport of rowing, as well as its efforts to educate members and improve the Rutherford community. The club's youth rowing program plays a significant role in promoting youth rowing by reaching out to local high schools through learn-to-row programs and engaging young rowers in competitive rowing. By engaging in and promoting the healthful exercise of rowing, improving physical education and social interaction among members, enhancing the environmental condition of the Passaic River, and contributing to the quality of life in the community, Nereid Boat Club is making a positive impact not just within its organization but also within the larger community of Rutherford, NJ.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $503,734
  • Gross Receipts: $653,853

    • Assets and Liabilities:
  • Total Assets: $1,306,427
  • Total Liabilities: $421,977
  • Net Assets: $884,450
  • Programs

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

    ROWING PROGRAMS AND FE

    Revenue

    $503,734

    Organization Details

    Founding Year

    1868

    Principal Officer

    Ben Storch

    Main Address

    350 RIVERSIDE AVENUE PO BOX 1678, RUTHERFORD, NJ, 07070

    NTEE Category

    Code: N50 - Recreation

    If you are a representative of Nereid Boat Club and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.