Nottingham Swim Club Inc is located in Newark, DE. The organization was established in 1962. 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. Nottingham 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 12/2022, Nottingham Swim Club Inc generated $168.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $196.5k during the year ending 12/2022. While expenses have increased by 5.5% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OPERATION OF SWIM POOL FOR UP TO 305 MEMBER HOUSEHOLDS INCLUDING YOUTH SWIM TEAM IN COMMUNITY SWIM LEAGUE AND YOUTH SWIMMING LESSONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Abbott President Director | 10 | $0 | |
Elise Martin Vice President Director | 10 | $0 | |
Emily Ferris Treasurer Director | 8 | $0 | |
Megan Zarzycki Secretary Director | 5 | $0 | |
Cyndi Hall Director | 5 | $0 | |
Jason Snyder Director | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $139,952 |
| Investment income | $26 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,133 |
| Other Revenue | $20,184 |
| Total Revenue | $168,677 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $65,687 |
| Professional fees and other payments to independent contractors | $100 |
| Occupancy, rent, utilities, and maintenance | $114,731 |
| Printing, publications, postage, and shipping | $9,332 |
| Other expenses | $6,626 |
| Total expenses | $196,476 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,123 |
| Other assets | $0 |
| Total assets | $371,454 |
| Total liabilities | $103,974 |
| Net assets or fund balances | $267,480 |