2025-09-17T13:35:11-07:00 2024-12-31 411651046 Haworth & Company LTD 11232 86th Ave N Maple Grove MN 55369 990 2024-01-01 411696273 MINNESOTA BOAT CLUB INC MINN 6512281602 2078 THERESA STREET MENDOTA HEIGHTS MN 55120 CHARLES STOCKWELL President 2025-09-17 true true Renee Quam P00611282 7634252185 2024 2025-03-06 01:10:19Z CHARLES STOCKWELL 1 WABASHA ST S ST PAUL MN 55107 160885 false X minnesotaboatclub.org X 1870 MN Promote fitness through the sport of rowing, assist youth and adults by providing equipment, training and opportunities to compete at local, regional, national and international events; dues and fundraising to support activities 7 7 0 70 -26898 95116 43138 100740 81630 130 165 -17207 -15552 178779 109381 0 0 0 0 770 132243 137761 132243 137761 46536 -28380 861757 820397 31227 18247 830530 802150 Promote fitness through the sport of rowing, assist youth and adults by providing equipment, training and opportunities to compete at local, regional, national and international events. false false 92013 57492 Adult recreational and open rowing programs - participants receive access to facilities and equipment, supervised training on a limited basis to improve technique and fitness level. Each individual determines their level of participation and goals. They can advance to the competitive program and/or participate in less structured activities.Adults age 21 and older. Approximately 71% of outlays. 29301 15930 High school and collegiate (ages 14 to 22)competitive rowing programs - participants receive access to facilities, equipment and supervised training and opportunities to compete. Approximately of 23% outlays. 7571 8208 Adult rowing classes - introduction to the sport and provide basic instructions in rowing technique over a series of classes. Graduates can advance to other programs.Approximately 6% of outlays. 128885 true true false false false false false false false false true false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 11 0 true 0 true true false false false false false false 0 false false false false false false false X 7 7 false false true false true true false true false false false true true true true false false false false false MN X THOMAS KLECATSKY 6514547602 2078 THERESA STREET MENDOTA HEIGHTS MN 551201306 X CHARLENE MCEVOY Director 2.00 0.00 X 0 0 0 GRAHAM MINK Director 2.00 0.00 X 0 0 0 RENEE QUAM Director 2.00 0.00 X 0 0 0 DANIEL BAKKE Director 2.00 0.00 X 0 0 0 BRIANNA PISCHKE Director 2.00 0.00 X 0 0 0 LYNN RICHARDSON Secretary 2.00 0.00 X 0 0 0 JOEY O'NEILL Director 2.00 0.00 X 0 0 0 SUSAN TIETJEN Vice President 2.00 0.00 X 0 0 0 THOMAS KLECATSKY CO TREASURER 10.00 0.00 X 0 0 0 KURT HELLERSTEDT CO TREASURER 5.00 0.00 X 0 0 0 CHARLES STOCKWELL President 5.00 0.00 X 0 0 0 0 false false false 0 17915 25223 43138 Learn To Row classes 713990 8208 8208 Rowing programs, regattas 713990 73422 73422 81630 165 165 0 0 22334 49232 -26898 -26898 -26898 0 3798 17915 2272 1526 1526 0 0 Insurance claim proceeds 713990 9820 9820 Miscellaneous 713990 9820 109381 91450 -26898 1691 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 27700 27700 0 0 0 0 15063 15063 0 0 0 0 0 19747 19747 9286 8906 380 Equipment repairs & fuel 31659 31659 Regattas 25810 25810 St Paul & MN Foundation 5000 5000 Miscellaneous 2726 2726 770 770 137761 128885 8106 770 68842 27424 103270 118308 0 0 0 0 0 0 8722 8981 1664188 998504 680923 665684 0 0 0 0 0 861757 820397 31227 18247 31227 18247 X 366030 357760 464500 444390 830530 802150 861757 820397 -28380 X false false false X 32352 87688 93848 95116 43138 352142 69148 46983 91253 100740 81630 389754 0 0 0 101500 134671 185101 195856 124768 741896 25000 34509 54709 7679 121897 10500 10500 10500 25000 34509 54709 7679 132397 609499 1190 108 65 130 165 1658 0 1190 108 65 130 165 1658 0 0 102690 134779 185166 195986 124933 743554 0.81970 0.80930 0.00220 0.00280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 55000 55000 1190858 616767 574091 418330 381737 36593 665684 Part V, Line 4: Intended uses of the endowment fund. The Saint Paul and Minnesota Foundation maintains four permanent endowment funds for the benefit of the Minnesota Boat Club; approximately 5% of the assets in the funds are distributed to assist in the support of junior rowing, maintaining the historic building and overall rowing operations. X false Annual Gala 21713 17915 3798 2272 21713 17915 3798 2272 2272 1526 Form 990, Part VI, Section A, Line 4 A change to MBC bylaws was approved by the MBC membership at the annual membership meeting in April 2024. The change relates to section 10.5 - Multiple Offices.The change allows an officer, with the exception of the President, to serve up to 2 offices simultaneously. An officer cannot be re-elected for both offices.Prior to the change, only the offices of Secretary and Treasurer could be combined and no other officer could serve in more than one office simultaneously. Form 990, Part VI, Section A, Line 6 Organization has members. Individuals who pay dues are eligible to vote at the annual meeting for the officers & directors. Directors serve a 3 year term with one-third being elected annually. Form 990, Part VI, Section B, Line 11b The annual tax return is prepared by an accounting firm. The tax return is distributed to all board members for review and discussion. Any required adjustments are made, and the tax return is signed, filed & made available upon request. Form 990, Part VI, Section B, Line 12c Organization is small; the majority of outlays are for utilities, insurance and similar types of outlays which would not create any conflicts of interest. For any unusual &/or potential conflicts of interest, the item is discussed at a board meeting prior to any funding. Form 990, Part VI, Section C, Line 19 Conflict of interest policy and governing documents will be made available upon request to an Officer of the organization. Form 990, Part IX, Line 24c: In 2013, the St Paul & MN Foundation established an account to provide annual assistance to maintain the historic boathouse, youth rowing, and general operations. Form 990, Part VI, Line 15: Officers and board directors are not compensated for their duties as officers and board directors. A board of directors member may receive compensation for their services as a coach or other services to the organization during the year. A budget for coaching services is discussed and approved by the board each year. The board member being compensated for services such as coaching is not involved in the discussion or approval of their compensation. Form 990, Part X, Line 10 Land & Buildings Cost Current Depr Accum Depr NetLand $55,000Building $1,190,858 $28,854 * $616,767 Equipment $418,330 $12,145 $381,737Total $1,664,188 $40,999 $998,504 $665,684*($21,252 of depr relates to unrelated trade income.) Form 990, Part X, Line 23 Schedule of Debt Original Beg Year End Year Avg for YearCity of St Paul STAR $218,750 $31,227 $18,247 $24,737 20 years, 1.75%