Star Swim Club Inc
- Assets
- $10.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 8
- Location
- St Paul, MN
- Founding
- 12/1987
- Data as of
- 08/2023
- EIN
- 41-6541646
Organization Overview
Star Swim Club Inc is located in St Paul, MN. The organization was established in 1987. 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 08/2023, Star Swim Club Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Star 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 08/2023, Star Swim Club Inc generated $106.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.3%) each year. All expenses for the organization totaled $141.3k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
STAR SWIM TEAM IS A NON-PROFIT TEAM THAT SERVES ROUGHLY 100 SWIMMERS FROM AGE GROUP SWIMMING THROUGH MASTERS SWIMMERS, HOSTING 3 MEETS PER YEAR (1 IN THE FALL, 1 IN THE WINTER & 1 IN SPRING). STAR IS MANAGED BY AN OPERATING VOLUNTEER BOARD OF DIRECTORS (MEMBER LISTED BELOW) WHO MEET ON A BI-MONTHLY BASIS (EVERY OTHER MONTH).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Lundsten Co-President | 20 | $30,416 | |
Paul Lundsten Co-President | 20 | $11,279 | |
Gabrielle Mead Board Secretary | 4 | $0 | |
Lindsey Farwell Treasurer | 5 | $0 | |
Sarah Thuente Board Chair | 10 | $0 | |
Ana Bankovics Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $250 |
| Total Program Service Revenue | $106,149 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $106,400 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $78,809 |
| Professional fees and other payments to independent contractors | $5,096 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $352 |
| Other expenses | $57,012 |
| Total expenses | $141,269 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,000 |
| Other assets | $0 |
| Total assets | $10,094 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,094 |