Nonprofit · EIN 52-1851558
NEREID BOAT CLUB
Tax-exempt · RUTHERFORD, NJ 07070
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $989,076 | $767,281 | $221,795 | $1,516,269 | $331,075 | $1,185,194 |
| December 31, 2023 | 990 | $768,983 | $703,756 | $65,227 | $1,336,853 | $380,835 | $956,018 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $187,885
- Program service revenue
- $783,480
- Investment income
- $17,711
- Net gain from sales of assets
- $1,718
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $285,890
- Salaries, compensation and benefits (total)
- $314,685
- Professional fundraising fees
- $0
- Legal fees
- $750
- Accounting fees
- $23,860
- Occupancy
- $59,587
- Depreciation
- $134,079
- Program services (functional)
- $730,242
- Management and general (functional)
- $37,039
Balance sheet and other
- Total assets, start of year
- $1,336,853
- Total assets, end of year
- $1,516,269
- Total liabilities, end of year
- $331,075
- Net assets, end of year
- $1,185,194
- Land, buildings and equipment
- $872,961
- Net assets without donor restrictions
- $1,089,385
- Net assets with donor restrictions
- $95,809
- Gross receipts
- $1,747,358
- Employees
- 16
- Volunteers
- 100
- Year formed
- 1868
- State of legal domicile
- NJ
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN MALONEY | PRESIDENT Trustee or director, Officer | 4 | $0 |
| ARTHUR WARE | TREASURER Trustee or director, Officer | 5 | $0 |
| SILVIA HELOU | SECRETARY Trustee or director, Officer | 4 | $0 |
| EVAN SEEHAUS | LIEUTENANT Trustee or director, Officer | 4 | $0 |
| PETER WILCOX | MEMBER Trustee or director | 4 | $0 |
| LARRY WILKINS | MEMBER Trustee or director | 4 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIANT CANHA | MEMBER/MEMBER DIRECTOR Trustee or director | 3 | $1,925 |
| MARTIN BOUGE | PRESIDENT AND SECRETARY Trustee or director, Officer | 3 | $0 |
| BEN STORCH | TREASURER Trustee or director, Officer | 4 | $0 |
| EVAN SEEHAUS | LIEUTENANT Trustee or director | 3 | $0 |
| FRANK SCHAEFER | MEMBER/CAPTAIN Trustee or director | 3 | $0 |
| JEFF ARNOTT | MEMBER/PROG. DIRECTOR Trustee or director | 3 | $0 |
| SILVIA HELOU | MEMBER Trustee or director | 3 | $0 |
| KEVIN MALONEY | MEMBER Trustee or director | 3 | $0 |
| ARTHUR WARE | MEMBER Trustee or director | 3 | $0 |
| KEVIN WISNIESKI | MEMBER Trustee or director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 350 RIVERSIDE AVE, RUTHERFORD, NJ 07070-2613
- In care of
- % VINCENT PAPARO
- Principal officer (990 for 2024)
- ARTHUR WARE, P O BOX 1678, RUTHERFORD, NJ 07070
- Signed the 990
- ARTHUR WARE, TREASURER
- Phone
- (201) 438-3995
- Website
- WWW.NEREIDBC.ORG
- Return prepared by
- MERCADIEN PC
Mission
TO ENGAGE IN AND PROMOTE THE HEALTHFUL EXERCISE OF ROWING, TO IMPROVE AND PERFECT PHYSICAL EDUCATION AND SOCIAL INTERCOURSE AMONG ITS MEMBERS, TO PROMOTE AND IMPROVE THE ENVIRONMENTAL CONDITION OF THE PASSAIC RIVER AND TO CONTRIBUTE TO THE QUALITY OF LIFE OF THE COMMUNITY IN WHICH THE ORGANIZATION IS LOCATED.
Program accomplishments
- YOUTH ROWING PROGRAM: PROMOTE YOUTH ROWING BY REACHING OUT TO LOCAL HIGH SCHOOLS THROUGH LEARN TO ROW PROGRAMS AND ENGAGE YOUTH ROWERS INTO COMPETITIVE ROWING.Expenses $691,393 · revenue $751,570
- MASTERS ROWING: PROMOTE ROWING TO ADULTS AT ALL LEVELS OF FITNESS, BEGINNERS, INTERMEDIATE AND COMPETITIVE ROWING.Expenses $38,849 · revenue $31,910
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 52-1851558
- 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
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N50)
- Assets (IRS master file)
- $1,516,269
- Income (IRS master file)
- $1,747,358
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $989,076 | $767,281 | $1,516,269 | XML |
| 990 | December 2023 | $768,983 | $703,756 | $1,336,853 | XML |
| 990 | December 2022 | $653,853 | $573,972 | $1,306,427 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 52-1851558).
Questions about NEREID BOAT CLUB
- What is the EIN of NEREID BOAT CLUB?
- The employer identification number (EIN) of NEREID BOAT CLUB is 52-1851558.
- Is NEREID BOAT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to NEREID BOAT CLUB tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEREID BOAT CLUB 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 NEREID BOAT CLUB 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 NEREID BOAT CLUB 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 NEREID BOAT CLUB?
- The 990 for the year ended December 31, 2024 names ARTHUR WARE.
- Who are the officers and directors of NEREID BOAT CLUB?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does NEREID BOAT CLUB have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $989,076, expenses of $767,281 and total assets of $1,516,269 at year end.
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All nonprofits in RUTHERFORD · New Jersey · Recreation and sports