Lansdowne Swim Club Inc
- Assets
- $223.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lansdowne, PA
- Founding
- 07/1959
- Data as of
- 09/2022
- EIN
- 23-1528651
Organization Overview
Lansdowne Swim Club Inc is located in Lansdowne, PA. The organization was established in 1959. 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. Lansdowne Swim Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2022, Lansdowne Swim Club Inc generated $199.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $189.0k during the year ending 09/2022. While expenses have increased by 4.6% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Kowalski VP | 2 | $0 | |
Timothy Campbell Treasurer | 2 | $0 | |
William Burns Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $186,353 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,208 |
| Other Revenue | $3,750 |
| Total Revenue | $199,311 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $69,928 |
| Professional fees and other payments to independent contractors | $2,516 |
| Occupancy, rent, utilities, and maintenance | $55,011 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $61,566 |
| Total expenses | $189,021 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,205 |
| Other assets | $0 |
| Total assets | $223,932 |
| Total liabilities | $20,000 |
| Net assets or fund balances | $203,932 |
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|---|---|---|
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Hudson River Community Sailing Inc New York, NY | $1,975,748 | $1,753,516 |
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South Jersey Aquatic Club Voorhees, NJ | $176,269 | $1,185,963 |
North Baltimore Aquatic Club Inc Towson, MD | $609,098 | $1,206,837 |
Swim And Racquet Club Columbus, OH | $2,677,814 | $1,163,525 |
West Side Rowing Club Incorporated Of The City Of Buffalo Buffalo, NY | $4,706,391 | $1,097,011 |
Forest Hill Swim Club Inc Ellicott City, MD | $874,185 | $822,025 |