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Nonprofit · EIN 04-2084042

COMMUNITY BOATING INC

Tax-exempt · BOSTON, MA 02114

Financials

$3M$2.8M2023$2M$2.7M2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY BOATING INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,997,952$2,669,527-$671,575$6,862,198$666,215$6,195,983
December 31, 2023990$3,033,000$2,805,351$227,649$7,130,791$931,447$6,199,344
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$212,709
Program service revenue
$1,730,798
Investment income
$42,285
Net gain from sales of assets
-$3,748
Net income from fundraising events
$12,160
Other revenue
$12,160

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$150,500
Other salaries and wages
$1,297,948
Salaries, compensation and benefits (total)
$1,750,314
Professional fundraising fees
$0
Legal fees
$15,020
Accounting fees
$23,100
Occupancy
$221,045
Travel
$17,599
Depreciation
$199,535
Program services (functional)
$2,133,428
Management and general (functional)
$438,899
Fundraising (functional)
$97,200

Balance sheet and other

Total assets, start of year
$7,130,791
Total assets, end of year
$6,862,198
Total liabilities, end of year
$666,215
Net assets, end of year
$6,195,983
Land, buildings and equipment
$750,005
Net assets without donor restrictions
$901,206
Net assets with donor restrictions
$5,294,777
Gross receipts
$2,067,267
Employees
120
Volunteers
120
Year formed
1946
State of legal domicile
MA

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CHARLIE ZECHELEXECUTIVE DIRECTOR
Officer
40$152,254$20,034
ADAM SCHEPP TERM ENDED 102024PRESIDENT
Trustee or director, Officer
2$0$0
NICHOLAS MILLERPRESIDENT
Trustee or director, Officer
5$0$0
KARYN BRUDNICKIVICE PRESIDENT
Trustee or director, Officer
2$0$0
CATHERINE ROCKETTSECRETARY
Trustee or director, Officer
3.5$0$0
DEBRA BOUDREAUTREASURER
Trustee or director, Officer
3$0$0
BRIAN MCMANUS TERM ENDED 102024DIRECTOR
Trustee or director
1$0$0
DUANE FARRARDIRECTOR
Trustee or director
3$0$0
COLE CONSTANTINEAUDIRECTOR
Trustee or director
2$0$0
ADAM BICKELMANDIRECTOR
Trustee or director
3.5$0$0
ABDIEL RAMIREZDIRECTOR
Trustee or director
2$0$0
CHARLES MARTSDIRECTOR
Trustee or director, Officer
2$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
Charlie ZechelExecutive Director
Key employee
40$147,185$18,664
Brian McManusDirector
Trustee or director
1$0$0
Catherine RockettDirector
Trustee or director
2$0$0
Adam BickelmanDirector part year
Trustee or director
3$0$0
Cole ConstantineauDirector part year
Trustee or director
2$0$0
Duane FarrarDirector
Trustee or director
1$0$0
Catie OSullivanClerk former
Trustee or director
2$0$0
Dana RobinsonTreasurer former
Trustee or director
2$0$0
Ikay IwobiDirector Part year
Trustee or director
1$0$0
Adam Gorlovsky ScheppPresident
Trustee or director, Officer
2$0$0
Nicolas MillerClerk Current - part year
Trustee or director, Officer
2$0$0
Debra BoudreauTreasurer
Trustee or director, Officer
2.4$0$0
Karyn BrudnickiVice President
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
21 DAVID G MUGAR WAY, BOSTON, MA 02114-3214
In care of
% YING CHEN
Principal officer (990 for 2024)
KATE FERRIS RICHARDSON, 21 DAVID G MUGAR WAY, BOSTON, MA 02114
Signed the 990
KATE FERRIS RICHARDSON, EXECUTIVE DIRECTOR
Phone
(617) 523-1038
Return prepared by
LITMANGERSON ASSOCIATES LLP

Mission

THE MISSION OF CBI IS TO ENABLE "SAILING FOR ALL." WE OFFER SAILING AND OTHER WATER SPORTS TO PEOPLE OF ALL AGES, ABILITIES, AND MEANS IN THE GREATER BOSTON AREA. WE PROMOTE AN ACCESSIBLE AND WELCOMING ENVIRONMENT THAT ENCOURAGES LEARNING, VOLUNTEERISM, AND COMMUNITY SPIRIT.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ADULT AND HIGH SCHOOL PROGRAMS SERVE APPROXIMATELY 4000 INDIVIDUALS EACH YEAR BY PROVIDING CLASSES AND LESSONS THAT TEACH NAUTICAL ARTS AND SCIENCES INCLUDING SAILING, PADDLING, WINDSURFING, SEAMANSHIP, AND NAVIGATION. MEMBERS HAVE ACCESS TO OUR FLEET OF 180+ VESSELS ON THE CHARLES RIVER LOWER BASIN AND ARE ENCOURAGED TO PARTICIPATE IN ORGANIZED RACING, BOTH INFORMAL AND FORMAL. THE ADULT PROGRAM OPERATES SEVEN DAYS PER WEEK.
    Expenses $1,175,231 · revenue $953,436
  • THE JUNIOR PROGRAM SERVES OVER 1200 CHILDREN BY PROVIDING CLASSES, LESSONS, AND INSTRUCTION IN THE NAUTICAL ARTS AND SCIENCES INCLUDING SAILING, PADDLING, AND WINDSURING. JUNIOR PROGRAM SAILORS MAY TAKE CLASSES, PARTICIPATE IN RACING, AND HAVE ACCESS TO OUR FLEET OF 180+ VESSELS DURING JUNIOR PROGRAM OPERATING HOURS.
    Expenses $596,062 · revenue $483,571
  • THE UNIVERSAL ACCESS PROGRAM (UAP) SERVE OVER 250 INDIVIDUALS WITH DISABILITIES, BOTH PHYSICAL AND COGNITIVE, BY TEACHING THE NAUTICAL ARTS AND SCIENCES OF SAILING, PADDLING, AND WINDSURFING. UAP SAILORS MAY MAKE APPOINTMENTS FOR A SCHEDULED LESSON OR RECREATIONAL SAILS WITH A QUALIFIED INSTRUCTOR.
    Expenses $244,963 · revenue $198,732
  • THE ORGANIZATION CARRIES ON ANCILLARY ACTIVITIES AND PROGRAMMING IN SUPPORT OF THE ORGANIZATION'S MISSION.
    Expenses $117,172 · revenue $95,059

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-2084042
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1951
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,862,198
Income (IRS master file)
$2,067,267

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,997,952$2,669,527$6,862,198XML
990December 2023$3,033,000$2,805,351$7,130,791XML
990December 2022$3,230,896$2,171,753$6,151,174IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 04-2084042).

Questions about COMMUNITY BOATING INC

What is the EIN of COMMUNITY BOATING INC?
The employer identification number (EIN) of COMMUNITY BOATING INC is 04-2084042.
Is COMMUNITY BOATING INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1951.
Are donations to COMMUNITY BOATING INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMUNITY BOATING INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of COMMUNITY BOATING INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COMMUNITY BOATING INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of COMMUNITY BOATING INC?
The 990 for the year ended December 31, 2024 names KATE FERRIS RICHARDSON.
Who are the officers and directors of COMMUNITY BOATING INC?
The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $152,254 (CHARLIE ZECHEL, EXECUTIVE DIRECTOR).
How much revenue does COMMUNITY BOATING INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,997,952, expenses of $2,669,527 and total assets of $6,862,198 at year end.

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