Megunticook Rowing

“Expenses advertising 2,727 promotional merchandise 80 promotional sponsorships 125 office & admin 377 merchant fees 2,621 dues & subscriptions 1,001 website 1,979 miscellaneous it 669 travel expenses 2,042 truck expenses 3,271 vehicle registrations 269 fuel 428 liability & property insuranc 380 workers' comp 2,671 property insurance 2,652 other insurance 1,583 regatta expenses 8,015 repairs and maintenance 4,943 materials and supplies 4,235 small equipment 5,562 boat fuel 1,052 education & training 1,257 team uniforms 4,172 meals @ 50% 45 meals @ 100% 1,404 staff gifts 450 non-investment depreciation 12,203 total 66,213”

“NONDEDUCTIBLE MEALS -45”

“Boating equipment 147,428 175,231 less accumulated depreciation 115,202 127,405 total 32,226 47,826”

“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 2022 there were 165 participants in the various spring-autumn programs offered, as well as several participants in the equipment rental and storage programs.”