Monona Swim Club Inc
- Assets
- $49.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 26
- Location
- Madison, WI
- Founding
- 02/2002
- Data as of
- 12/2022
- EIN
- 39-1688235
Organization Overview
Monona Swim Club Inc is located in Madison, WI. The organization was established in 2002. 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 12/2022, Monona Swim Club Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monona 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 12/2022, Monona Swim Club Inc generated $80.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $87.8k during the year ending 12/2022. While expenses have increased by 4.6% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A POSITIVE SWIMMING AND DIVING EXPERIENCE TO INCLUDE BOTH COMPETITIVE AND RECREATIONAL PHILOSOPHIES DURING THE SUMMER MONTHS IN ACCORDANCE WITH THE ALL CITY SWIM LEAGUE. THE CLUB ENCOURAGES AND PROMOTES INDIVIDUAL IMPROVEMENT, GOOD SPORTSMANSHHIP, HEALTHY MIND AND BODIES AND FUN.
Describe the Organization's Program Activity:
Part 3
SOLD SNACKS/CLOTHING DURING HOME MEETS TO HELP DEFRAY COSTS OF MEMBERSHIP.
PROVIDE YOUTH AGES 5 TO 19 AN OPPORTUNITY TO IMPROVE THEIR SWIM AND/OR DIVE SKILLS IN A POSITIVE AND FUN MANNER. INSTRUCTION PROVIDED BY THE COACHES WITH DAILY PRACTICE AND WEEKLY COMPETITION; MORE THAN 300 YOUTH PARTICIPATED. THE CLUB HOSTED THE MADISON ALL CITY SWIM AND DIVE MEET ON AUGUST 2-4, 2018. THE EVENT WAS HOSTED AT THE MONONA COMMUNTIY POOL AND INCLUDED TEAMS FROM 13 MADISON AREA SWIM CLUBS. THE CLUB RECEIVED NON-CASH DONATIONS FROM THE FOLLOWING ENTITIES IN RELATION TO HOSTING THE MEET: HY-VEE, 3801 E WASHINGTON AV, MADISON WI 53704, CONCESSION FOOD - 12,500 5NINES, 316 W WASHINGTON AV, MADISON WI 53703, COMPUTER SERVICES - 12,500 SIMPLY SWIMMING, 6649 UNIVERSITY AV, MIDDLETON WI, 53562 - APPAREL - 5,000
HOLD SOCIAL ACTIVITIES TO PROMOTE FUN AND TEAM BUILDING. ACTIVITIES INCLUDE PIZZA/POOL PARTY; TEAM BANQUET; TEAM BANNERS; MEMORIAL DAY PARADE PARTICIPATION; AND POTATO PARTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Beuthling President | 5 | $0 | |
Josh Dietsche Vice Preside | 2 | $0 | |
Gillian Fink Vice-Preside | 2 | $0 | |
Kate Ganshert Secretary | 2 | $0 | |
Liz Glynn Treasurer | 2 | $0 | |
Kelly Slack Registrar | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,042 |
| Total Program Service Revenue | $0 |
| Membership dues | $76,652 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,506 |
| Other Revenue | $0 |
| Total Revenue | $80,218 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,408 |
| Professional fees and other payments to independent contractors | $124 |
| Occupancy, rent, utilities, and maintenance | $20,160 |
| Printing, publications, postage, and shipping | $1,375 |
| Other expenses | $16,748 |
| Total expenses | $87,815 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,351 |
| Other assets | $0 |
| Total assets | $49,351 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,351 |