2024-09-04T11:30:36-05:00 2023-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1 HIGHWOOD DRIVE TEWKSBURY MA 01876 990 2023-01-01 043528584 WAYLAND-WESTON ROWING ASSOCIATION INC WAYL 6179476669 PO BOX 5508 WAYLAND MA 01778 MARK FOREMAN PRESIDENT 6179476669 2024-08-21 1 1 MATTHEW KALIL CPA MBA P01517069 9785575300 2024-08-21 2023 2024-08-08 14:25:15Z MARK FOREMAN PO BOX 5508 WAYLAND MA 01778 553346 0 X WWW.WWCREW.ORG X 2000 MA THE ORGANIZATION PROVIDES YOUTH AND ADULTS AN OPPORTUNITY FOR INSTRUCTION, TRAINING, RECREATION AND COMPETITION IN THE SPORT OF ROWING, EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING SECTION 501(C)3 OF THE INTERNAL REVENUE CODE. THE ORGANIZATION'S LARGEST PROGRAM IS THE HIGH SCHOOL ROWING PROGRAM WHICH IS COMPOSED OF STUDENT-ATHLETES FROM THE TOWNS' OF WAYLAND AND WESTON. 13 13 22 35 0 0 71677 65357 418278 472736 1893 7030 0 0 491848 545123 0 0 0 0 162838 184408 0 0 0 228741 282283 391579 466691 100269 78432 682042 836697 52445 120345 629597 716352 X THE ORGANIZATION PROVIDES YOUTH AND ADULTS AN OPPORTUNITY FOR INSTRUCTION, TRAINING, RECREATION AND COMPETITION IN THE SPORT OF ROWING, EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING SECTION 501(C)3 OF THE INTERNAL REVENUE CODE. THE ORGANIZATION'S LARGEST PROGRAM IS THE HIGH SCHOOL ROWING PROGRAM WHICH IS COMPOSED OF STUDENT-ATHLETES FROM THE TOWNS' OF WAYLAND AND WESTON. 0 0 386675 472736 THE GLOBAL PANDEMIC THAT SURGED IN 2020 SIGNIFICANTLY IMPACTED OUR NORMAL ROWING OPERATIONS AND OUR ABILITY TO OFFER OUR ONGOING PROGRAMS WITH THE FLUID CONSTANTLY CHANGING HEALTH AND SAFETY CONCERNS WITH THE NOVEL COVID-19 VIRUS. THE ORGANIZATION PERSEVERED AND WORKING WITH THE GUIDANCE OF NATIONAL AND LOCAL LEADERS, WE WERE ABLE TO OFFER AD-HOC AND MODIFIED ROWING PROGRAMS THAT ALLOWED PARTICIPANTS TO DEVELOP THEIR SKILLS AND GET ROWING EXPERIENCE WHILE MAINTAINING PANDEMIC PROTOCOLS. IN THE SPRING OF 2023, WE HAD TWENTY-TWO ROWERS QUALIFY FOR NATIONALS. 386675 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 MA X COLEEN CLARK 9785011766 PO BOX 5508 WAYLAND MA 01778 X KENNETH GREEN DIRECTOR 1.00 X 0 0 0 JENNIFER HOOD-DEGRENIER DIRECTOR 1.00 X 0 0 0 STEVE MASCIOLI DIRECTOR 1.00 X 0 0 0 LAUREN REYNOLDS DIRECTOR 1.00 X 0 0 0 SETH ROMAN DIRECTOR 1.00 X 0 0 0 CATHY BASRAK DIRECTOR 1.00 X 0 0 0 TAMMY MCVIE DIRECTOR 1.00 X 0 0 0 JULIA DING DIRECTOR (SINCE 11/1/23) 1.00 X 0 0 0 MICHELENE FLANIGON DIRECTOR (SINCE 11/1/23) 1.00 X 0 0 0 LISA LAPPI DIRECTOR (SINCE 11/1/23) 1.00 X 0 0 0 KEVIN BRADLEY DIRECTOR (SINCE 11/1/23) 1.00 X 0 0 0 ALEX SELVIG DIRECTOR (UNTIL 10/31/23) 1.00 X 0 0 0 JOHN MCDONALD DIRECTOR (UNTIL 2/5/23) 1.00 X 0 0 0 TRICIA LUI DIRECTOR (UNTIL 9/2/23) 1.00 X 0 0 0 JENNIFER BALUKONIS DIRECTOR/CLERK (SINCE 9/1/23) 5.00 X X 0 0 0 MARK FOREMAN PRESIDENT 10.00 X X 0 0 0 ADAM SCHAYOWITZ VICE PRESIDENT 5.00 X X 0 0 0 JOHN RENTERGHEM TREASURER (DIR UNTIL 10/31/23) 20.00 X X 0 0 0 SARAH ORLOV ASSISTANT CLERK 5.00 X 0 0 0 0 0 0 0 0 0 0 0 59375 5982 65357 PARTICIPATION FEES 711300 472736 472736 472736 7030 7030 8223 59375 8223 0 545123 472736 0 7030 168438 168438 15970 15970 42195 42195 150 150 16131 16106 25 29474 29474 28663 375 28288 PROGRAM EXP. & USER FEE 142665 142665 OTHER EXPENSE 12382 2874 9508 EQUIP., RENTALS, REPAIR 10623 10623 466691 386675 80016 0 55800 29634 480131 569516 8323 34887 32933 950670 756704 108899 193966 2325 2325 682042 836697 29693 93324 22752 27021 52445 120345 X 591631 676341 37966 40011 629597 716352 682042 836697 X 78432 8323 X X 0 1 X 1 0 X 57126 72686 67048 71677 65357 333894 461486 171727 303142 418278 472736 1827369 518612 244413 370190 489955 538093 2161263 2730 11756 13964 8231 16070 52751 0 2730 11756 13964 8231 16070 52751 2108512 1510 755 255 1893 7030 11443 1510 755 255 1893 7030 11443 520122 245168 370445 491848 545123 2172706 0.97050 0.97260 0.00530 0.00220 X 127939 87857 40082 822731 668847 153884 193966 X 553446 8323 8323 545123 0 545123 466691 0 466691 0 466691 PART X, LINE 2: THE ASSOCIATION IS A NONPROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON TRADE OR BUSINESS PROFITS GENERATED BY ACTIVITIES RELATED TO THE ASSOCIATION'S EXEMPT FUNCTION. THE ASSOCIATION MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES FOR PROFITS GENERATED FROM TRADE OR BUSINESS ACTIVITIES UNRELATED TO THE ASSOCIATION'S EXEMPT FUNCTION. AS OF DECEMBER 31, 2023, MANAGEMENT BELIEVES THAT THE ASSOCIATION HAS NOT GENERATED ANY UNRELATED BUSINESS TAXABLE INCOME. THE ASSOCIATION ASSESSES THE RECORDING OF UNCERTAIN TAX POSITIONS BY EVALUATING THE MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT REQUIREMENTS A TAX POSITION MUST MEET BEFORE BEING RECOGNIZED AS A BENEFIT IN THE FINANCIAL STATEMENTS. THE ASSOCIATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNCERTAIN TAX POSITIONS AS A COMPONENT OF INCOME TAX EXPENSE, IF ANY, IN ITS STATEMENTS OF ACTIVITIES. THE ASSOCIATION HAS NOT RECOGNIZED ANY LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED BENEFITS AS OF DECEMBER 31, 2023. THE ASSOCIATION DOES NOT EXPECT ANY MATERIAL CHANGE IN UNCERTAIN TAX BENEFITS WITHIN THE NEXT 12 MONTHS. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN ON INSURANCE PROCEEDS 8,323. FALL ERGATHON 23026 23026 SPRING FUNDRAISER 28219 27935 284 284 1 16353 8414 7939 7939 67598 59375 8223 8223 8223 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS RECEIVES A FINAL DRAFT OF THE FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH TRANSACTION IS REVIEWED BY THE TREASURER AND THE FINANCE COMMITTEE AND IF POTENTIAL CONFLICTS EXIST IT IS DISCUSSED WITH THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: GAIN ON INSURANCE PROCEEDS 8,323. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT FOR THE REVIEW OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED DURING THE YEAR.