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Nonprofit · EIN 91-1940390

LOYOLA ACADEMY ROWING ASSOCIATION INC

Tax-exempt · GLENVIEW, IL 60025

Financials

$613K$591K2022$756K$649K2023$857K$744K2024
Revenue Expenses · by fiscal year end
Financials of LOYOLA ACADEMY ROWING ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$856,795$743,546$113,249$787,279$59,024$728,255
June 30, 2024990$756,234$648,861$107,373$655,451$0$655,451
June 30, 2023990$613,409$591,303$22,106$548,078$0$548,078
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$156,214
Program service revenue
$636,220
Investment income
$7,948
Net income from fundraising events
$55,422
Net income from sales of inventory
$991
Other revenue
$56,413

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Travel
$23,030
Depreciation
$53,611
Program services (functional)
$720,759
Management and general (functional)
$22,787

Balance sheet and other

Total assets, start of year
$655,451
Total assets, end of year
$787,279
Total liabilities, end of year
$59,024
Net assets, end of year
$728,255
Land, buildings and equipment
$376,890
Net assets without donor restrictions
$722,355
Net assets with donor restrictions
$5,900
Gross receipts
$862,117
Employees
0
Volunteers
40
Year formed
1988
State of legal domicile
IL

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
RYAN MAKIPROGRAM DIR
Trustee or director
25$43,953
HEATHER CHRON-BERNARDDirector
Trustee or director
1$0
BRIAN CIARRACHIDirector
Trustee or director
1$0
KARI CLARKEDirector
Trustee or director
1$0
ANNE MARIE CLOSEDirector
Trustee or director
1$0
LIZ COLLIERDirector
Trustee or director
1$0
TED COMINOSDirector
Trustee or director
1$0
TRISH DE PRETERDirector
Trustee or director
1$0
DENISE EDWARDSDirector
Trustee or director
1$0
JACQUELINE LEEMPUTTEDirector
Trustee or director
1$0
SUSAN LOCKEDirector
Trustee or director
1$0
MATT OFFDirector
Trustee or director
1$0
MERYL PERRONEDirector
Trustee or director
1$0
SARAH RUDICHDirector
Trustee or director
1$0
JOE SANNERDirector
Trustee or director
1$0
5 more people on this return
NameTitleHours / weekCompensation
SHANNON STUMMDirector
Trustee or director
1$0
KATHY TREVINO-KNIFFINDirector
Trustee or director
1$0
JASON VEDDERPresident
Officer
3$0
BENJAMIN FARRISTreasurer
Officer
3$0
MICHELLE MCATEESecretary
Officer
3$0
990 for the year ended June 30, 2024: 19 people
NameTitleHours / weekCompensation
Scott RetelnyPresident
Trustee or director, Officer
3$0
Susan LockeSecretary
Trustee or director, Officer
3$0
Julie KalainovTreasurer
Trustee or director, Officer
3$0
Peter AnthonyDirector
Trustee or director
1$0
Gracey ByrnesDirector
Trustee or director
1$0
Heather Chron-BernardDirector
Trustee or director
1$0
Brian CiarrachiDirector
Trustee or director
1$0
Anne Marie CloseDirector
Trustee or director
1$0
Ted HocterDirector
Trustee or director
1$0
Liz Collier LangfordDirector
Trustee or director
1$0
Jackie LeemputeeDirector
Trustee or director
1$0
Carrie LofgrenDirector
Trustee or director
1$0
Kristen McCainDirector
Trustee or director
1$0
Pete MelbingerDirector
Trustee or director
1$0
Meryl PerroneDirector
Trustee or director
1$0
Colleen SimpsonDirector
Trustee or director
1$0
Kathleen TobinDirector
Trustee or director
1$0
Kathy Trevino-KniffinDirector
Trustee or director
1$0
Jason VedderDirector
Trustee or director
1$0
990 for the year ended June 30, 2023: 20 people
NameTitleHours / weekCompensation
Ted CominosPresident
Trustee or director, Officer
3$0
Brian CiarrachiVice President
Trustee or director, Officer
3$0
Scott RetelnyTreasurer
Trustee or director, Officer
3$0
Colleen SimpsonSecretary
Trustee or director, Officer
3$0
Susan LockeDirector
Trustee or director
1$0
Lynne DamsmaDirector
Trustee or director
1$0
Linda BerneDirector
Trustee or director
1$0
Anne Marie CloseDirector
Trustee or director
1$0
Anna D'AscenzoDirector
Trustee or director
1$0
Jason VedderDirector
Trustee or director
1$0
Will BordersDirector
Trustee or director
1$0
Grace ByrnesDirector
Trustee or director
1$0
Lucian Lacombe ElliottDirector
Trustee or director
1$0
Liz Collier LangfordDirector
Trustee or director
1$0
Carrie LofgrenDirector
Trustee or director
1$0
George PanagakisDirector
Trustee or director
1$0
Monique PieronDirector
Trustee or director
1$0
Kathleen TobinDirector
Trustee or director
1$0
Laura SpallaDirector
Trustee or director
1$0
Avila KilroyDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 599, GLENVIEW, IL 60025-0599
In care of
% BEN FARRIS
Principal officer (990 for 2024)
BENJAMIN FARRIS, PO BOX 599, GLENVIEW, IL 600250599
Signed the 990
BENJAMIN FARRIS, Treasurer
Phone
(312) 404-8398
Return prepared by
Dianne S Carobus

Mission

Founded in 1985, Loyola Academy Rowing Association (LARA) provides a rare, highly desirable opportunity for Loyola Academy students to participate in the sport of rowing. Of fundamental importance, LARA believes that the arduous, demanding nature of the sport creates the ideal environment for the physical, mental, and spiritual development of student athletes. To this end, LARA endeavors to lead students toward recognition, appreciation and fulfillment of their true athletic potential through the shared pursuit of winning both the MSRA Midwest Championships and the SRAA National Championships. The teams, as constructed, strive toward excellence with dedication to Jesuit ideals, including aspiring to become Women and Men for Others.

990 for the year ended June 30, 2025

Program accomplishments

  • Loyola Academy Rowing Association had a successful 24/25 season consistent with its mission and purpose:100+ high school students introduced to or continued to learn and excel at crew. Student athletes not only benefit from physical conditioning, but also learning the discipline, responsibility, safety, and sportsmanship aspects of the sport while balancing their academics and other interests.Successful learn to row summer program introducing over 30 middle schoolers to the sport.$50,000+ of financial aid awarded, ensuring that any student athlete who wants to row has the opportunity to do so.Strong showing at Fall and Spring regattas, with multiple boats placing at the Midwest Championship regatta and advancing to the SRAA Nationals regatta.Multiple graduating seniors went on to row in college, including some earning scholarships.
    Expenses $720,759 · revenue $636,220

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
91-1940390
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
1999
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$787,279
Income (IRS master file)
$862,117

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$856,795$743,546$787,279IRS
990June 2024$756,234$648,861$655,451IRS
990June 2023$613,409$591,303$548,078XML
990June 2022$666,330$603,998$525,972IRS
990June 2021–––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 91-1940390).

Questions about LOYOLA ACADEMY ROWING ASSOCIATION INC

What is the EIN of LOYOLA ACADEMY ROWING ASSOCIATION INC?
The employer identification number (EIN) of LOYOLA ACADEMY ROWING ASSOCIATION INC is 91-1940390.
Is LOYOLA ACADEMY ROWING ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to LOYOLA ACADEMY ROWING ASSOCIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LOYOLA ACADEMY ROWING ASSOCIATION 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 LOYOLA ACADEMY ROWING ASSOCIATION 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 LOYOLA ACADEMY ROWING ASSOCIATION 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 LOYOLA ACADEMY ROWING ASSOCIATION INC?
The 990 for the year ended June 30, 2025 names BENJAMIN FARRIS.
Who are the officers and directors of LOYOLA ACADEMY ROWING ASSOCIATION INC?
The 990 for the year ended June 30, 2025 lists 20 people; 1 received compensation from the organization, the highest $43,953 (RYAN MAKI, PROGRAM DIR).
How much revenue does LOYOLA ACADEMY ROWING ASSOCIATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $856,795, expenses of $743,546 and total assets of $787,279 at year end.

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