NonprofitsPotomac Boat Club

Recreation & Sports

Potomac Boat Club

WASHINGTON, DC

Total revenue

$892K

Total expenses

$857K

Net assets

$956K

Grants received

$4K

3 grants

EIN

530127820

Tax year

2024

Mission

The mutual improvement of its members and the maintenance and encouragement of the art of water sports among amateurs

Programs

2 programs

The club also provides an outlet for members to engage with community organizations related to area parks and river usage, such as the friends of georgetown waterfront park, friends of rock creek park, the next-door key bridge boathouse, the thompson boat center, the kennedy center expansion project, and the potomac riverkeeper network; and organizes riverside cleanups with the potomac conservancy and the national park service. Pbc received a grant from the chesapeake bay trust which was used to install a 500 gallon cistern to capture rainwater. This water is now used to wash our boats, rather than direclty using water provided by dc water. Finally, the club and its members strive to maintain the history and historic presence and architecture of the club itself, and the environmental quality of the potomac river.

Each fall, weather permitting, the club hosts the scullers' head of the potomac regatta, which includes entries from high schools, colleges, and clubs throughout the mid-atlantic region. The regatta also includes handicapped/adaptive races to benefit those athletes. 24% of the revenue generated from this regatta came from pbc membership in 2024.

Financials

FY 2024

Revenue

Contributions & grants$70K
Program service revenue$769K
Investment income$12K
Other revenue$41K
Total revenue$892K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$857K
Total expenses$857K
Total assets$1.0M
Net assets$956K

People

9 listed

NameRoleCompensation

STEVE TITUS

TREASURER

Board

$3K

5 hrs/wk

MICHAEL KUMMER

VICE PRESIDENT

Board

3 hrs/wk

ALLISON TREUBERT

SECRETARY

Board

3 hrs/wk

JOSE CARRASCO

GOVERNOR

Board

1 hrs/wk

ED GHERES

GOVERNOR

Board

1 hrs/wk

GHADA HALLAL

GOVERNOR

Board

1 hrs/wk

STUART KERR

GOVERNOR

Board

1 hrs/wk

LENA WANG

PRESIDENT

Board

3 hrs/wk

NICK WOODFIELD

GOVERNOR

Board

1 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$1K
GENERAL SUPPORT
2023
$200
SOCIAL SERVICES
2023
$3K
SUPPORT OF PROGRAMS
2021

Funded by

$4K from 3 funders · 3 grants · 2021–2023

Stichman Family Foundation

$3K · 1 grant · 2021

Roy And Marianne Smith Foundation

$1K · 1 grant · 2023

The Summit Family A Washington

$200 · 1 grant · 2023

Details

EIN530127820
NTEE codeN50
Subsection07
Ruling date2007-01
Formed1869
Employees0
Volunteers150
POTOMAC BOAT CLUB — Mission, Financials & Grants Received | Grantivo