Penn Acres Swim Club Inc
- Assets
- $12.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Castle, DE
- Founding
- 01/1963
- Data as of
- 09/2024
- EIN
- 51-0097316
Organization Overview
Penn Acres Swim Club Inc is located in New Castle, DE. The organization was established in 1963. 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. Penn Acres 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 09/2024, Penn Acres Swim Club Inc generated $63.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $83.2k during the year ending 09/2024. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelli Hewes President | 6 | $0 | |
Jacqui Ellsworth Vice President | 3 | $0 | |
Lisa Stewart Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $14,068 |
| Membership dues | $44,206 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,182 |
| Other Revenue | $0 |
| Total Revenue | $63,458 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,085 |
| Professional fees and other payments to independent contractors | $2,951 |
| Occupancy, rent, utilities, and maintenance | $54,172 |
| Printing, publications, postage, and shipping | $28 |
| Other expenses | $0 |
| Total expenses | $83,236 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,419 |
| Other assets | $0 |
| Total assets | $12,419 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,419 |