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Nonprofit · EIN 80-0953424

VETERANS ROWING & KAYAKING INC

Tax-exempt · SARASOTA, FL 34243

Financials

$26K$69K2023
Revenue Expenses · by fiscal year end
Financials of VETERANS ROWING & KAYAKING INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$25,525$69,064-$43,539$601,184$98,702$502,482
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$25,472
Program service revenue
$0
Investment income
$53
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$6,505
Occupancy
$115
Travel
$11,659
Depreciation
$7,949
Program services (functional)
$7,154
Management and general (functional)
$61,910

Balance sheet and other

Total assets, start of year
$693,981
Total assets, end of year
$601,184
Total liabilities, end of year
$98,702
Net assets, end of year
$502,482
Land, buildings and equipment
$31,282
Net assets without donor restrictions
$502,482
Gross unrelated business income
$53
Gross receipts
$25,525
Employees
0
Volunteers
0
Year formed
2013
State of legal domicile
CT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
JOHN ROGER WATERMANDirector
Trustee or director
5$0
Allan Jay Kellogg JrChairman Emeritus
Officer
5$0
Paul Stephen VarszegiExecutive Director
Officer
60$0
Richard RiveraVice President
Officer
5$0
GREGORY PETERKINSecretary
Officer
5$0
Helen CrouchTreasurer
Officer
5$0

Address and contacts

Address (IRS master file)
8437 TUTTLE AVE 331, SARASOTA, FL 34243-2868
In care of
% PAUL S VARSZEGL
Mailing address (990-N for 2025)
8437 TUTTLE AVE 331, SARASOTA FL 342432868
Principal officer (990 for 2023)
Paul Stephen Varszegi, 8437 Tuttle Ave No 331, Sarasota, FL 34243
Principal officer (990-N for 2025)
Paul Stephen Varszegi, 8437 TUTTLE AVE 331, SARASOTA FL 342432868
Signed the 990
Paul Stephen Varszegi, President
Phone
(203) 445-3841
Return prepared by
HERTZ HERSON CPA LLP

Mission

Create the 'Military Rowing Program' for all active duty, reservist, ROTC, and honorably discharged veterans

990 for the year ended December 31, 2023

Program accomplishments

  • CREATED THE ADAPTIVE WOUNDED VETERANS ROWING & KAYAKING PROGRAM FOR ALL SEVERELY DISABLED VETERANS INCLUDING, BUT NOT LIMITED TO, AMPUTEES, CANCER PATIENTS, PTSD, TBI, SEVER/MODERATE DEPRESSION, AND SUBSTANCE ABUSE.
    Expenses $7,154

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
80-0953424
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Paul Stephen Varszegi
December 31, 2025≤ $50,000 receipts––e-Postcard
990December 2023$25,525$69,064$601,184XML
990December 2022$75,363$63,796$693,981IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2018
Officer: Paul Stephen Varszegi
December 31, 2018≤ $50,000 receipts––e-Postcard
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 80-0953424).

Questions about VETERANS ROWING & KAYAKING INC

What is the EIN of VETERANS ROWING & KAYAKING INC?
The employer identification number (EIN) of VETERANS ROWING & KAYAKING INC is 80-0953424.
Is VETERANS ROWING & KAYAKING INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to VETERANS ROWING & KAYAKING INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VETERANS ROWING & KAYAKING INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of VETERANS ROWING & KAYAKING INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VETERANS ROWING & KAYAKING INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of VETERANS ROWING & KAYAKING INC?
The 990 for the year ended December 31, 2023 names Paul Stephen Varszegi.
Who are the officers and directors of VETERANS ROWING & KAYAKING INC?
The 990 for the year ended December 31, 2023 lists 6 people; 0 received compensation from the organization.
How much revenue does VETERANS ROWING & KAYAKING INC have?
On its 990 for the year ended December 31, 2023 it reported revenue of $25,525, expenses of $69,064 and total assets of $601,184 at year end.

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