Dumont Swim Club
- Assets
- $28.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dumont, NJ
- Founding
- 05/1978
- Data as of
- 12/2023
- EIN
- 22-2200974
Organization Overview
Dumont Swim Club is located in Dumont, NJ. The organization was established in 1978. 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. Dumont 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 12/2023, Dumont Swim Club generated $108.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $106.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. 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
THE OPERATION BY MEMBERSHIP OF A SEASONAL SWIM CLUB FOR THE BENEFIT AND RECREATION OF RESIDENTS OF DUMONT, NJ AND NEIGHBORING TOWNS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie O'neill President | 4 | $0 | |
Margerette Bambach Secretary | 2 | $0 | |
Charles Rossman Trustee | 2 | $0 | |
Marie Romano Trustee | 2 | $0 | |
Wayne Bambling Trustee | 2 | $0 | |
Terry Aschoff Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $108,404 |
| Membership dues | $0 |
| Investment income | $216 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $108,620 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,021 |
| Professional fees and other payments to independent contractors | $595 |
| Occupancy, rent, utilities, and maintenance | $1,610 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $55,805 |
| Total expenses | $106,031 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,872 |
| Other assets | $0 |
| Total assets | $28,872 |
| Total liabilities | $43,555 |
| Net assets or fund balances | -$14,683 |