Homewood Flossmoor Swim Club Inc is located in Flossmoor, IL. 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. As of 08/2024, Homewood Flossmoor Swim Club Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homewood Flossmoor Swim Club Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2024, Homewood Flossmoor Swim Club Inc generated $111.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $117.6k during the year ending 08/2024. As we would expect to see with falling revenues, expenses have declined by (4.0%) 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
2024
Describe the Organization's Program Activity:
Part 3
TO PROMOTE AND EDUCATE CHILDREN IN THE SAFETY AND COMPETITIVE ASPECTS OF SWIMMING. THE CLUB HAS APPROXIMATELY 150 PARTICIPANTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jennifer Sesto President | 0 | $0 | |
Carrie Tenny Treasurer | 0 | $0 | |
Debra Matthews Director | 5 | $6,000 | |
Sabrina Barney Secretary | 0 | $0 | |
Christopher Baker Head Coach | 20 | $36,000 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6 |
Total Program Service Revenue | $0 |
Membership dues | $109,862 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $1,264 |
Other Revenue | $0 |
Total Revenue | $111,132 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $60,985 |
Professional fees and other payments to independent contractors | $920 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $166 |
Other expenses | $55,570 |
Total expenses | $117,641 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $2,690 |
Other assets | $0 |
Total assets | $2,690 |
Total liabilities | $2,988 |
Net assets or fund balances | -$298 |