Burton Hollow Swim & Racquet Club
- Assets
- $494.9k
- Revenue
- $306.8k
- Investments
- $0.0
- Employees
- 21
- Location
- Livonia, MI
- Founding
- 05/1964
- Data as of
- 10/2022
- EIN
- 38-1715333
Organization Overview
Burton Hollow Swim & Racquet Club is located in Livonia, MI. The organization was established in 1964. 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 10/2022, Burton Hollow Swim & Racquet Club employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Burton Hollow Swim & Racquet Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 10/2022, Burton Hollow Swim & Racquet Club generated $306.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $271.5k during the year ending 10/2022. While expenses have increased by 0.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A SWIMMING POOL AND OTHER RECREATIONAL AND SOCIAL FACILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF SWMIMMING POOL AND OTHER RECREATIONAL AND SOCIAL FACILITIES.
OPERATION OF SWMIMMING POOL AND OTHER RECREATIONAL AND SOCIAL FACILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristie Jonca Membership | OfficerTrustee | 0.1 | $0 |
Andrea Ricotta Treasurer | OfficerTrustee | 0.25 | $0 |
Dan Henry Recreation | Trustee | 0.1 | $0 |
Michael Buatti Pool And Bui | Trustee | 0.1 | $0 |
Sean Horgan President | Trustee | 0.25 | $0 |
Christy Krawczyk Secretary | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $306,204 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $306,774 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $86,272 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,145 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $500 |
| Fees for services: Accounting | $2,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $670 |
| Advertising and promotion | $0 |
| Office expenses | $3,569 |
| Information technology | $1,326 |
| Royalties | $0 |
| Occupancy | $61,973 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,369 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,720 |
| Insurance | $9,181 |
| All other expenses | $11,159 |
| Total functional expenses | $271,540 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,267 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $396,595 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $494,862 |
| Accounts payable and accrued expenses | $1,563 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $132,612 |
| Total liabilities | $134,175 |
| Net assets without donor restrictions | $360,687 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $494,862 |
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Waukesha Express Swim Team Inc Waukesha, WI | $109,829 | $1,001,501 |
Club Wolverine Swimming Inc Ann Arbor, MI | $392,270 | $985,537 |
Usa Swimming Inc New London, WI | $201,918 | $903,511 |
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