Ridgemoor Swim Club Inc
- Assets
- $70.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 09/2015
- Data as of
- 12/2023
- EIN
- 38-3394691
Organization Overview
Ridgemoor Swim Club Inc is located in Grand Rapids, MI. The organization was established in 2015. 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. Ridgemoor 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 12/2023, Ridgemoor Swim Club Inc generated $147.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $156.4k during the year ending 12/2023. While expenses have increased by 9.1% per year over the past 8 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
TO PROVIDE RECREATIONAL NEIGHBORHOOD SWIMMING ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Buist President | 5 | $0 | |
Yvonne Triezenberg Treasurer | 5 | $0 | |
Gretchen Rottman Secretary | 5 | $0 | |
Tim Molenbeek Director | 5 | $0 | |
Matthew Korte Director | 5 | $0 | |
David Dublis Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,286 |
| Total Program Service Revenue | $25,882 |
| Membership dues | $91,485 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $33 |
| Total Revenue | $147,450 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $47,472 |
| Professional fees and other payments to independent contractors | $2,157 |
| Occupancy, rent, utilities, and maintenance | $72,939 |
| Printing, publications, postage, and shipping | $118 |
| Other expenses | $33,704 |
| Total expenses | $156,390 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,475 |
| Other assets | $0 |
| Total assets | $70,626 |
| Total liabilities | $500 |
| Net assets or fund balances | $70,126 |