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Nonprofit · EIN 65-0592531

MIAMI BEACH WATERSPORTS CENTER INC

Also known as RONALD W SHANE WATER SPORTS CENTER

Tax-exempt · MIAMI BEACH, FL 33141

Financials

$1M$978K2022$1.8M$963K2023$954K$989K2024
Revenue Expenses · by fiscal year end
Financials of MIAMI BEACH WATERSPORTS CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$953,714$989,218-$35,504$967,285$60,236$907,049
June 30, 2024990$1,822,259$963,156$859,103$1,009,003$66,450$942,553
June 30, 2023990$1,029,512$977,844$51,668$935,202$851,752$83,450
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$520,831
Membership dues
$490,483
Program service revenue
$424,897
Investment income
$7,986
Net gain from sales of assets
$2,551
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$76,790
Other salaries and wages
$308,010
Salaries, compensation and benefits (total)
$433,596
Professional fundraising fees
$0
Occupancy
$55,547
Travel
$144,145
Depreciation
$121,500
Program services (functional)
$867,642
Management and general (functional)
$121,576

Balance sheet and other

Total assets, start of year
$1,009,003
Total assets, end of year
$967,285
Total liabilities, end of year
$60,236
Net assets, end of year
$907,049
Land, buildings and equipment
$392,712
Net assets without donor restrictions
$907,049
Gross receipts
$971,663
Employees
14
Volunteers
54
Year formed
1995
State of legal domicile
FL

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ELAINE RODENPRESIDENT/CH
Trustee or director, Officer
40$76,790
BALWANT CHEEMATREASURER
Trustee or director, Officer
3$0
SUSAN SHANEDIRECTOR
Trustee or director
3$0
RONALD W SHANECHAIRMAN EME
Trustee or director
2$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
ELAINE RODENPRESIDENT/CH
Trustee or director, Officer
40$80,443
BALWANT CHEEMATREASURER
Trustee or director, Officer
3$0
SUSAN SHANESECRETARY
Trustee or director, Officer
3$0
RONALD W SHANECHAIRMAN EME
Trustee or director
2$0
990 for the year ended June 30, 2023: 4 people
NameTitleHours / weekCompensation
ELAINE RODENPRESIDENT/CH
Trustee or director, Officer
40$80,443
BALWANT CHEEMATREASURER
Trustee or director, Officer
3$0
SUSAN SHANEDIRECTOR
Trustee or director
3$0
RONALD W SHANECHAIRMAN EME
Trustee or director
2$0

Address and contacts

Address (IRS master file)
6500 INDIAN CREEK DR, MIAMI BEACH, FL 33141-5805
In care of
% RONALD SHANE
Principal officer (990 for 2024)
ELAINE RODEN, 6500 INDIAN CREEK DRIVE, MIAMI BEACH, FL 33140
Signed the 990
BALWANT CHEEMA, TREASURER
Phone
(305) 861-8876
Return prepared by
MENENDEZ CPA

Mission

TO PROMOTE AMATEUR ROWING AND COMPETITION, PHYSICAL FITNESS AND WATER SAFETY TO YOUTH AND ADULTS IN THE COMMUNITY.

990 for the year ended June 30, 2025

Program accomplishments

  • THE MIAMI BEACH ROWING CLUB IS ONE OF THE TOP YOUTH PROGRAMS IN THE COUNTRY, CONSISTENTLY QUALIFYING OVER THREE HUNDRED ROWERS FOR NATIONAL AND INTERNATIONAL CHAMPIONSHIPS. TRAINING AT THE STATE OF THE ART FACILITY WITH TOP COACHES PROMOTES ROWING SKILLS, TEAM CONCEPTS, SELF-CONFIDENCE, AND TIME MANAGEMENT. OUR SUCCESSFUL PROGRAMS ALSO PROVIDE A PATHWAY TO COLLEGIATE OPPORTUNITIES. OUR ALUMNI CAN BE FOUND IN THE TOP ROWING AND ACADEMIC INSTITUTIONS ALL OVER THE COUNTRY INCLUDING HARVARD, CORNELL, PRINCETON, STANDFORD AND BOSTON UNIVERSITY. WE ARE VERY PROUD THAT ONE OF OUR FORMER ROWERS COMPETED AT THE LONDON OLYMPICS. ALL REVENUES IN EXCESS OF EXPENSES ARE RESERVED FOR ADDITIONAL PURCHASES OF EQUIPMENT THAT WILL HELP IN CONTINUING THE PROMOTION OF THESE ROWING SKILLS.
    Expenses $867,642 · revenue $945,728

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
65-0592531
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
1996
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Unknown (Z99)
Assets (IRS master file)
$967,285
Income (IRS master file)
$971,663

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$953,714$989,218$967,285XML
990June 2024$1,822,259$963,156$1,009,003IRS
990June 2023$1,029,512$977,844$935,202XML
990June 2022$1,082,577$863,707$904,875IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 65-0592531).

Questions about MIAMI BEACH WATERSPORTS CENTER INC

What is the EIN of MIAMI BEACH WATERSPORTS CENTER INC?
The employer identification number (EIN) of MIAMI BEACH WATERSPORTS CENTER INC is 65-0592531.
Is MIAMI BEACH WATERSPORTS CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to MIAMI BEACH WATERSPORTS CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MIAMI BEACH WATERSPORTS CENTER 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 MIAMI BEACH WATERSPORTS CENTER INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MIAMI BEACH WATERSPORTS CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MIAMI BEACH WATERSPORTS CENTER INC?
The 990 for the year ended June 30, 2025 names ELAINE RODEN.
Who are the officers and directors of MIAMI BEACH WATERSPORTS CENTER INC?
The 990 for the year ended June 30, 2025 lists 4 people; 1 received compensation from the organization, the highest $76,790 (ELAINE RODEN, PRESIDENT/CH).
How much revenue does MIAMI BEACH WATERSPORTS CENTER INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $953,714, expenses of $989,218 and total assets of $967,285 at year end.

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