Nassau Swimming Club is located in Ridley Park, PA. The organization was established in 1993. 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. Nassau Swimming Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 10/2023, Nassau Swimming Club generated $199.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $157.2k during the year ending 10/2023. While expenses have increased by 1.3% 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED SOCIAL AND HEALTH-ENHANCING ATHLETIC FACILITIES TO A LOCAL COMMUNITY MEMBERSHIP CONSISTING OF APPROX 186 FAMILIES COMPRISING APPROX 726 INDIVIDUAL MEMBERS. NASSAU CONDUCTED AGE-GROUP SWIMMING AND DIVING EDUCATIONAL SAFETY, AND COMPETITIVE PROGRAMS SERVING APPROXIMATELY 61 YOUTHS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Wettlaufer President | 10 | $0 | |
Jessica Gregg Vice-President | 8 | $0 | |
Lauren Richardson Treasurer | 5 | $0 | |
Stephanie Thomas Secretary | 5 | $0 | |
Jacquline Wharton Membership | 5 | $0 | |
Samantha Moors Membership | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $173,589 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,750 |
| Other Revenue | $17,409 |
| Total Revenue | $199,748 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $84,974 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $28,744 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,475 |
| Total expenses | $157,193 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $120,529 |
| Other assets | $0 |
| Total assets | $153,204 |
| Total liabilities | $0 |
| Net assets or fund balances | $153,204 |