Great Kills Swim Club Inc

The information for Great Kills Swim Club Inc is as of the organization's most recent filing in December '21. This organization is located in Staten Island, NY. It has been in existence for 59 years, following its founding in 1962.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Great Kills Swim Club Inc is a recreational organization focused on swimming and other water recreation activities. The NTEE code for this organization is N67, indicating its classification within the category of Recreation & Sports. Specifically, the organization provides opportunities for individuals to learn and engage in various water sports such as swimming, diving, snorkeling, surfing, and more. Their mission is centered around the operation and maintenance of a swim club, highlighting their commitment to providing a space and resources for individuals to participate in water-based activities. As a social and recreational club, the Great Kills Swim Club Inc falls under the C Section Code 7, which encompasses organizations of this nature.

Program Areas

The operation and maintenance of a swim club falls within the general fund, where the organization reports all revenues, support, and functional expenses that are not specifically reported by another fund or program.

Organization Staffing

Great Kills Swim Club Inc is run by Colleen Mcgarty, who is the President. The organization has 97 employees, none of whom are paid more than $100k per year. Supporting the paid staff are 130 volunteers.

Board Governance

The Great Kills Swim Club Inc appears to be well-governed based on the information provided. The organization has 13 voting members, all of whom are independent, indicating a diverse and unbiased decision-making process. The fact that potential conflicts of interest exist further demonstrates transparency within the organization. The documentation of both board and committee meetings is another positive aspect of the organization's governance. This suggests that decisions are made in a structured and accountable manner, ensuring that all relevant information is recorded and accessible to members. While the organization does not have a conflict of interest policy or require disclosure of conflicts, the fact that board meetings are documented and potential conflicts of interest are acknowledged indicates a level of awareness and responsibility in managing such situations. However, there are some areas where the organization could improve its governance practices. The lack of a written whistleblower policy and document retention policy may leave the organization vulnerable to potential misconduct or legal issues. Additionally, the organization does not substantiate or review leadership and officer's salaries, which could raise concerns about financial transparency. On a positive note, the organization provides copies of the 990 to the board prior to filing, indicating a commitment to financial accountability and transparency. Overall, while the Great Kills Swim Club Inc demonstrates some effective governance practices, there are areas where improvements could be made to further enhance its governance structure.

Organization Growth

The Great Kills Swim Club Inc nonprofit organization has experienced growth over the given time period. Program service revenue increased from $506.0K in 2016 to $675.0K in 2021, indicating an increase in the organization's ability to generate revenue through its programs. Total revenue also increased from $507.1K in 2016 to $675.2K in 2021, further supporting the growth of the organization. Additionally, the number of employees increased from 68 in 2016 to 97 in 2021, suggesting an expansion of the organization's workforce. However, it is important to note that the organization saw an increase in total expenses from $540.5K in 2016 to $739.6K in 2021, indicating a higher expenditure. Overall, while there was growth in key areas such as revenue and employee count, the increase in expenses should be carefully managed to ensure the long-term sustainability of the organization.

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Board, Officers & Key Employees

Name (title)Compensation
Colleen Mcgarty
President
$0
Thomas Scarangello
Treasurer
$0
Gary Callaghan
Vice President
$0
Patrick Gorman
Director
$0
John Boyle
Secretary
$0
Diane Marolla
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$674,955
Investment income $243
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $675,198

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