CAMBRIDGE BOAT CLUB CO ALDEN ZECHA

EIN: 041144490

CAMBRIDGE, MA

Total Revenue
$1,203,768
Total Expenses
$1,094,279
Total Assets
$2,127,377
Net Assets
$2,111,041
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1909
Legal Domicile
MA
Principal Officer
ALDEN ZECHA
Phone
6179452160
Tax Period
2024-02-01 to 2025-01-31

CAMBRIDGE BOAT CLUB CO ALDEN ZECHA, founded in 1909, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 9% surplus.

Mission

Cambridge Boat Club is a rowing and social club maintained and funded by its members for their recreation, pleasure, and exercise. The Club's mission includes working to advance the sport of rowing via support and organization of local regattas and provision of programs and facilities for elite and junior rowers, and performing community service via outreach programs with area schools, seniors, charities, and environmental organizations.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,025
Program Service Revenue $883,012
Investment Income $123,355
Other Revenue $196,376
TOTAL REVENUE $1,203,768

Expense Breakdown

Grants Paid $7,950
Salaries & Benefits $306,330
Fundraising Expenses $0
Other Expenses $779,999
TOTAL EXPENSES $1,094,279

Year-over-Year Comparison

2024 2023 Change
Revenue $1,203,768 $1,108,663 +0.1%
Expenses $1,094,279 $939,795 +0.2%
Net Income $109,489 $168,868 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
15
Volunteers
150

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS POUNDS President 10.00
Officer Director
$0 $0 $0
ALDEN ZECHA Treasurer 10.00
Officer Director
$0 $0 $0
JOHN LAMBERT Vice President 3.00
Officer Director
$0 $0 $0
LORYN SHEFFNER Secretary 3.00
Officer Director
$0 $0 $0
KATHARINE WOLL Director 1.00
Director
$0 $0 $0
LOUISE MACKISACK Director 1.00
Director
$0 $0 $0
TOM KOHLER Director 1.00
Director
$0 $0 $0
BRIAN RETTMAN Director 1.00
Director
$0 $0 $0
MARGARET WATKINS Director 1.00
Director
$0 $0 $0
TOM DARLING Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,203,768 $1,094,279 $2,127,377 $109,489
2024 $1,108,663 $939,795 $2,005,262 $168,868
2023 $998,505 $817,007 $1,843,152 $181,498
2022 $711,494 $783,870 $1,664,674 $-72,376
2021 $775,092 $668,839 $1,734,472 $106,253
2019 $942,514 $790,404 $1,434,432 $152,110
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