2025-11-06T16:15:27-06:00 2024-12-31 881478669 CBIZ ADVISORS LLC 1899 L STREET NW 850 WASHINGTON DC 20036 990 2024-01-01 530127820 THE POTOMAC BOAT CLUB INC POTO 2023339737 3530 WATER ST NW WASHINGTON DC 20007 STEPHEN TITUS TREASURER 2023339737 2025-11-06 1 0 AARON M FOX P01365820 2022274000 2025-11-06 2024 2025-03-06 01:10:19Z LENA WANG 3530 WATER ST NW WASHINGTON DC 20007 896820 0 X WWW.POTOMACBOATCLUB.ORG X 1869 DC THE MUTUAL IMPROVEMENT OF ITS MEMBERS AND THE MAINTENANCE AND ENCOURAGEMENT OF THE ART OF WATER SPORTS AMONG AMATEURS 9 9 0 150 40773 11369 89982 70012 660158 769071 6843 11803 43543 40878 800526 891764 0 0 0 0 0 0 0 0 0 580830 856725 580830 856725 219696 35039 929268 1024227 12421 67814 916847 956413 X THE MUTUAL IMPROVEMENT OF ITS MEMBERS AND THE MAINTENANCE AND ENCOURAGEMENT OF THE ART OF WATER SPORTS AMONG AMATEURS 0 0 THE CLUB HAS 320 MEMBERS AND SUPPORTS THE ENGAGEMENT OF ATHLETES WITH THE SPORT, COMMUNITY, AND RIVER, AT MANY DIFFERENT LEVELS. WE RUN A U.S. ROWING-DESIGNED SUMMER TRAINING CAMP EACH YEAR FOR JUNIOR AND PRE-ELITE ATHLETES, HOST A HIGH-PERFORMANCE SCULLING PROGRAM TO PREPARE PROMISING ATHLETES FOR THE US NATIONAL TEAM, AND ALSO HOUSE A PUBLIC HIGH SCHOOL ROWING PROGRAM - A RELATIONSHIP THAT HAS EXISTED FOR MANY DECADES. IN 2023, POTOMAC BOAT CLUB HOSTED A REGIONAL MEETING OF THE BOARD OF USROWING, THE NATIONAL GOVERNING BODY FOR THE SPORT OF ROWING IN THE UNITED STATES. 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. 0 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 40 0 1 0 1 1 0 0 0 1 1 71132 28970 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 DC X STEPHEN TITUS 2023339737 3530 WATER ST NW WASHINGTON DC 20007 LENA WANG PRESIDENT 3.00 X X 0 0 0 MICHAEL KUMMER VICE PRESIDENT 3.00 X X 0 0 0 ALLISON TREUBERT SECRETARY 3.00 X X 0 0 0 STEVE TITUS TREASURER 5.00 X X 3000 0 0 JOSE CARRASCO GOVERNOR 1.00 X 0 0 0 ED GHERES GOVERNOR 1.00 X 0 0 0 GHADA HALLAL GOVERNOR 1.00 X 0 0 0 STUART KERR GOVERNOR 1.00 X 0 0 0 NICK WOODFIELD GOVERNOR 1.00 X 0 0 0 3000 0 0 0 0 0 0 0 70012 70012 MEMBERSHIP DUES 900099 382104 382104 COMPET. PROGRAM FEES 900099 338206 309236 28970 FACILITY USE FEES 900099 43452 43452 SOCIAL EVENTS 900099 5309 5309 769071 11803 11803 44341 5056 39285 39285 REWARDS 900099 1593 1593 1593 891764 740101 40773 40878 33743 41253 23840 35149 46841 45218 UBI TAX 1285 COMPETITIVE PROGRAMS 273785 REPAIRS & MAINT. 169027 EQUIPMENT 156740 29844 856725 179840 255128 132152 139659 8085 650 0 1500 730839 177239 600441 553600 8750 73690 929268 1024227 9921 52735 0 5829 2500 9250 12421 67814 X 916847 956413 916847 956413 929268 1024227 35039 4528 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50000 50000 395531 134480 261051 285308 42759 242549 553600 CLUB EXPRESS REFUND ACCOUNT 3245 EQUIPMENT DEPOSITS 70445 73690 DEPOSITS 9250 9250 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS APPROXIMATELY 300 SENIOR MEMBERS WITH FULL VOTING RIGHTS AND PRIVILEGES TO USE CLUB FACILITIES (ADDITIONAL JUNIOR, ASSOCIATE, AND NONRESIDENT MEMBERSHIP CATEGORIES HAVE MORE LIMITED PRIVILEGES). FORM 990, PART VI, SECTION A, LINE 7A CLUB SENIOR MEMBERS HAVE VOTING RIGHTS TO ELECT MEMBERS OF THE BOARD OF GOVERNORS AS WELL AS OFFICERS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN GOVERNING DECISIONS OF THE CORPORATION (E.G., AN AMENDMENT TO THE CLUB CONSTITUTION OR A TRANSFER OR SALE OF REAL PROPERTY) ARE SUBJECT TO THE APPROVAL OF A SUPERMAJORITY OF THE CLUB'S VOTING MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE POTOMAC BOAT CLUB INC. TREASURER AND FINANCE COMMITTEE REVIEW FORM 990 BEFORE IT IS SUBMITTED TO THE IRS. THE FEDERAL FORM 990 IS ALSO REVIEWED BY THE GOVERNING BODY BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF GOVERNORS REVIEWS ALL CONFLICT OF INTEREST STATEMENTS AND WHERE CONFLICTS ARE DISCLOSED OR OTHERWISE IDENTIFIED TAKES ACTION. FORM 990, PART VI, SECTION C, LINE 19 THE POTOMAC BOAT CLUB INC. MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO MEMBERS VIA THE WEBSITE AND UPON REQUEST. IT CURRENTLY DOES NOT MAKE THESE AVAILABLE TO THE PUBLIC.