Fort Island Swim Club Inc is located in Fairlawn, OH. The organization was established in 1965. 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. Fort Island 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 09/2023, Fort Island Swim Club Inc generated $174.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $176.1k during the year ending 09/2023. While expenses have increased by 8.9% 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
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Pavlovich Treasurer | 3 | $0 | |
Thomas Dugan President | 3 | $0 | |
Debra Dugan Trustee | 3 | $0 | |
Bill Bruce Secretary | 2 | $0 | |
Stephanie Reese Trustee | 2 | $0 | |
Alberto Gomez Trustee | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,623 |
| Membership dues | $160,142 |
| Investment income | $214 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $12,566 |
| Total Revenue | $174,545 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $67,313 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $60,115 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $48,691 |
| Total expenses | $176,119 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,287 |
| Other assets | $0 |
| Total assets | $190,134 |
| Total liabilities | $4,767 |
| Net assets or fund balances | $185,367 |