NonprofitsPrinceton National Rowing Association

Recreation & Sports

Princeton National Rowing Association

PRINCETON JCT, NJ

Total revenue

$1.9M

Total expenses

$1.6M

Net assets

$4.4M

Grants received

$166K

13 grants

EIN

223745915

Tax year

2023

Mission

to provide a venue where athletes of all ages, talents and backgrounds have the opportunity to develop their rowing abilities to their highest potential.Core Implementation Principles1) Maintaining and constantly seeking to improve one of the nation's premier rowing venues.2) Providing a world class training facility for all PNRA constituents including Olympic and elite team members,local students and Masters rowers.3) Promoting opportunities for area youth to excel in the sport of rowing.4) Conducting top level regattas and events5) Supporting community development across greater Mercer County through targeted rowing programs.

Programs

4 programs

Princeton National Rowing Association operates summer camps out of the Caspersen Rowing Facility. The camps include learning to row day camps designed to introduce youth to the sport of rowing.

Expenses: $92K

Princeton National Rowing Association hosts numerous rowing regattas throughout the year, drawing teams from around the country to compete. Competitions include local junior regattas,collegiate and national championship regattas and national team selection events. Mercer County Park and Mercer Lake with the infrastructure installed and maintained by Princeton National Rowing Association is recognized as one of the premiere rowing venues in the United States. The Princeton National Rowing Association also runs indoor rowing competitions.

Expenses: $216K

As an official USRowing National Team training site, Princeton National Rowing Association provides a home for the selection and training of the United States Rowing Association's national team which represents the United States in international competition including the Olympics. The majority of the US Rowing National Team selection events occur on Mercer Lake and are hosted by the Princeton National Rowing Association.

Expenses: $9K

Princeton National Rowing Association operates the Mercer Masters Rowing which provides rowing and sculling opportunities to adults ranging from learn to row to competitive rowing and an adult summer rowing league. PNRA also conducts adult rowing outreach activities for the greater Trenton area.

Expenses: $53K

Financials

FY 2023

Revenue

Contributions & grants$160K
Program service revenue$1.7M
Investment income$5K
Other revenue$12K
Total revenue$1.9M

Expenses

Grants paid
Salaries & benefits$630K
Fundraising$13K
Other expenses$999K
Total expenses$1.6M
Total assets$4.6M
Net assets$4.4M

People

8 listed

NameRoleCompensation

KRISTOPHER GRUDT

EXECUTIVE DIRECTOR/SECRETA

Board

$122K

40 hrs/wk

JAMES MILLAR

VICE PRESIDENT

Board

1 hrs/wk

KEN WEINSTEIN

BOARD MEMBER

Board

1 hrs/wk

DAVID LAWS

TREASURER

Board

1 hrs/wk

MICHAEL ZIMMER

BOARD MEMBER

Board

1 hrs/wk

JANE GRIESINGER

BOARD MEMBER

Board

1 hrs/wk

RONALD CHEN

PRESIDENT

Board

1 hrs/wk

RICH DANDREA

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 13 of 13

FromAmountPurposeYear
$650
VOLUNTEER PROGRAM
2024
$5K
CHARITABLE DONATION
2023
$450
EMPLOYEE GIVING PROGRAM
2023
$100
EMPLOYEE GIVING PROGRAM
2023
$3K
TO SUPPORT THE TRAINING OF OUR NATION'S COMPETITVE ROWING TEAMS
2022
$2K
MIP PAYOUT FOR 01/27/2022
2022
$520
VOLUNTEER PROGRAM
2022
$500
MIP PAYOUT FOR 04/01/2022
2022
$50K
SUPPORT THE CHARITABLE PURPOSE OF THE ORGANIZATION
2021
$50K
SUPPORT THE CHARITABLE PURPOSE OF THE ORGANIZATION
2020
$3K
Matching Gifts
2020
$2K
CREATE AN ENVIRONMENT WHERE ROWERS OF ALL AGES AND TALENTS CAN BENEFIT FROM THE SPORT OF ROWING.
2020
$50K
SUPPORT THE CHARITABLE PURPOSE OF THE ORGANIZATION
2018

Funded by

$166K from 7 funders · 13 grants · 2018–2024

Gordon & Llura Gund 1993 Charitable

$150K · 3 grants · 2018–2021

Charities Aid Foundation America

$5K · 1 grant · 2023

Murray Foundation Inc

$5K · 2 grants · 2020–2022

Chubb Charitable Foundation

$3K · 1 grant · 2020

Verizon Foundation

$2K · 2 grants · 2022

The Pfizer Foundation Inc

$1K · 2 grants · 2022–2024

Bristol-Myers Squibb Foundation Inc

$550 · 2 grants · 2023

Details

EIN223745915
NTEE codeN60
Subsection03
Ruling date2000-10
Formed2000
Employees44
Volunteers600
PRINCETON NATIONAL ROWING ASSOCIATION — Mission, Financials & Grants Received | Grantivo