2025-06-07T13:07:04Z 2024-12-31 990EZ 2024-01-01 450476415 ASHEVILLE ROWING CLUB INC ASHE 8282736042 PO Box 5633 Asheville NC 28813 Robin Rice Treasurer 8282736042 2025-06-07 2024 2025-03-06 01:10:19Z X X ashevillerowing.org X X 63211 2118 13120 43875 4098 63211 5211 283 47962 53456 9755 115188 124943 85439 67795 29749 57148 115188 124943 115188 124943 To promote develop the sport of rowing Rowing Competition / Regattas: Opportunities for members to participate in Regattas (optional activity) are offered throughout the rowing season. In 2023, we participated in 4 Regattas with an average of 29 members participating in each Regatta. 1337 Learn to Row Program: This course is offered to the public to provide an introduction to rowing. In 2023, three classes were offered throughout the Spring and Summer months to a total of 28 students. 25 Membership Services: Equipment, facilities, social events, fitness programs, club rows, communication services, guest rower services and insurance are offered to members on an ongoing basis. In 2023 ARC's membership varied from 90-119 members. 29168 30530 Dennis Maxwell Chair 1.00 0 0 0 Liza Cherner Vice Chair 1.00 0 0 0 Christina Prosnak Secretary 2.00 0 0 0 Robin Rice Treasurer 5.00 0 0 0 Chris Toth Board 1.00 0 0 0 Morris Elsen Board 1.00 0 0 0 Steve King Board 1.00 0 0 0 Woody McKay Board 1.00 0 0 0 Marit Chrislock Board 1.00 0 0 0 false false false false false false false false false NC Robin Rice Treasurer PO Box 5633 Asheville NC 28813 8282736042 false false false false false false false false false false NONE 0 NONE 0 true X 0 0 0 0 31469 25789 35175 42782 45993 181208 4952 10086 11988 13635 13120 53781 266 1706 6404 13697 1489 23562 36687 37581 53567 70114 60602 258551 0 0 0 258551 2 5 52 160 219 0 0 2 5 52 160 219 0 2450 2450 36687 37583 53572 70166 63212 261220 0.98980 0.99980 0.00080 0.00020 X Supplemental Information Other Income Explanation: We received an insurance claim check for $2450.00 after our Launch Motor was stolen and a claim was made. Part I, Line 16 Other Expenses: Asheville Rowing Club's other expenses include: bank and merchant fees, small equipment purchases, insurance, dues and subscriptions, membership communication services, security equipment for the boathouse, office supplies, taxes, licenses, transportation, US Rowing membership, regatta related expenses and depreciation. Part I, Line 8 Other Revenue: The Interest income that Asheville Rowing Club, Inc received in 2024 totals $159.64 and is also reported on Part1 line 8 Part I, Line 8 Part I, Line 8 Other Revenue: The Asheville Rowing Club, Inc participates in rowing regattas to provide members with opportunities to compete, As part of this process, members pay the organization for their share of the registration, entry fees, transportation costs and sometimes boat rentals. Asheville rowing, Inc. then pays the venue and various vendors for these costs. The revenue received form members for these services is recorded as "other Income/revenue", and the associated expenses are entered as "other expenses". In 2024, this type of other revenue totaled $1,452.68. Part I, Line 8 Other Revenue: This line item also includes restitution payments totaling $36.52. These payments were made by the person who stole our launch motor. They were court ordered to pay the organization back over time. Part I, Line 8 Other Revenue: This line item also includes an insurance claim check that was received after the theft of a launch motor. Part II, line 24 Other Assets: This represents Asheville Rowing Club's boats, trailer and other equipment after depreciation.