Megunticook Rowing

“Expenses advertising 1,046 stripe fees 1,872 website 2,257 it 911 liability & property insuranc 5,850 workers' comp 4,974 property insurance 3,450 other insurance 380 regatta expenses 12,953 repairs and maintenance 361 boat fuel 403 boat registrations 214 team uniforms 1,272 team events 302 other expenses 40 boat service and main. 174 oars and related supplies 7,422 parts 1,252 insurance refunds -3,209 developmental expenses 60 non-investment depreciation 30,224 total 72,208”

“NONDEDUCTIBLE MEALS 0”

“Boating equipment 183,480 197,831 less accumulated depreciation 140,220 161,944 total 43,260 35,887”

“The mission of megunticook rowing is to create the opportunity for the sport of rowing in the mid-coast maine area, and to educate participants in rowing technique, related skills, and the lifelong benefits of the sport of rowing.”

“Megunticook rowing provides instruction in rowing to all ages in both group and private settings. The organization provides additional opportunities for rowing through hosting and attending regatta events, and leasing equipment to rowers who have demonstrated competence. During 2024 there were 128 participants in the various spring-autumn programs offered, as well as several participants in the equipment rental and storage programs.”

“In 2024, the bylaws where updated to create a "membership" status that is conferred by paying a 350/year dues fee. 11,602 was collected in dues by the end of 2024.”