Elgin United Rowing Club

“Form 990-EZ, Part III - Organizations Primary Exempt PurposeTo promote the understanding of and appreciation for the sport of rowing within the community, train young men and women in the sport of rowing, provide amateur competitive rowing opportunities, advance high-potential athletes into collegiate rowing careers, grow into a world-class rowing organization, provide adaptive and paramilitary rowing support for people with disabilities and veterans, reward teamwork rather than individualism, and promote lifelong health and wellness.”

“Description AmountDepreciation from 4562 27,179Advertising and Promotion 167Auto and Truck Supplies 1,529Bank Fees 225Continuing Education 69Dues 350Interest 4,137Licenses 358Meals and Entertainment 1,603Regatta Entrance Fees 1,625Regatta Lodging 2,539Regatta Meals 1,802Supplies 10,569Travel 5,311Uniforms 2,388”

“Category Beginning of Year End of YearAuto and Truck 24,468 13,090Fixtures 16,877 13,808Equipment 80,748 68,016Security Deposit 2,700 2,700”

“Category Beginning of Year End of YearCredit Card Payable 7,594 7,087Mortgages and Notes Payable 85,128 55,730”

“Form 990-EZ, Part V - Regarding Transfers Associated with Personal Benefit Contracts(a) Did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract............NO(b) Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract............No”