Haddontowne Swim Club is located in Cherry Hill, NJ. The organization was established in 1967. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Haddontowne Swim Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2023, Haddontowne Swim Club generated $199.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $150.7k during the year ending 09/2023. While expenses have increased by 9.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED SWIMMING POOL AND RECREATIONAL AREAS FOR OVER 100 MEMBER FAMILIES AT THE OUTDOOR POOL FACILITY DURING THE SUMMER MONTHS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Preihs President | 20 | $0 | |
Franny Lettieri-Levy Vice President | 5 | $0 | |
Karen Sommeling Treasurer | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,000 |
| Total Program Service Revenue | $20,531 |
| Membership dues | $133,762 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $199,293 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,896 |
| Professional fees and other payments to independent contractors | $1,214 |
| Occupancy, rent, utilities, and maintenance | $61,750 |
| Printing, publications, postage, and shipping | $305 |
| Other expenses | $28,575 |
| Total expenses | $150,740 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $152,433 |
| Other assets | $0 |
| Total assets | $174,233 |
| Total liabilities | $0 |
| Net assets or fund balances | $174,233 |