Persimmon Creek Swim Club Inc
- Assets
- $181.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, DE
- Founding
- 04/1968
- Data as of
- 10/2022
- EIN
- 51-0105674
Organization Overview
Persimmon Creek Swim Club Inc is located in Newark, DE. The organization was established in 1968. 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. Persimmon Creek 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 10/2022, Persimmon Creek Swim Club Inc generated $138.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $136.5k during the year ending 10/2022. While expenses have increased by 8.4% 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
SUCCESSFULLY PROVIDED A SOCIAL SWIM ENVIRONMENT EXCLUSIVE TO CLUB MEMBERS AND THEIR GUEST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Simon Rea President | 3 | $0 | |
Keith Petka Treasurer | 3 | $0 | |
Martin Wollaston Operations VP | 3 | $0 | |
Jo Adams Secretary | 3 | $0 | |
Christa Scheffler New Membership | 3 | $0 | |
Jeff Filandro Snack Bar | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $122,237 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,320 |
| Other Revenue | $0 |
| Total Revenue | $138,604 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $71,068 |
| Occupancy, rent, utilities, and maintenance | $64,706 |
| Printing, publications, postage, and shipping | $706 |
| Other expenses | $0 |
| Total expenses | $136,480 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,103 |
| Other assets | $0 |
| Total assets | $181,403 |
| Total liabilities | $0 |
| Net assets or fund balances | $181,403 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Jersey Aquatic Club Voorhees, NJ | $176,269 | $1,185,963 |
North Baltimore Aquatic Club Inc Towson, MD | $609,098 | $1,206,837 |
Forest Hill Swim Club Inc Ellicott City, MD | $874,185 | $822,025 |
Usa Swimming Inc Blue Bell, PA | $1,171,270 | $977,140 |
Scranton Canoe Club Lake Winola, PA | $1,120,318 | $1,020,195 |
Nomahegan Swim Club Westfield, NJ | $1,955,204 | $1,200,408 |
Usa Swimming Inc Wall, NJ | $576,031 | $866,958 |
Eagle Swim Team Inc Reisterstown, MD | $645,960 | $846,293 |
Collegiate Water Polo Association Bridgeport, PA | $228,874 | $712,974 |
All Star Aquatics Potomac, MD | $620,640 | $899,276 |
Emmaus Aquatic Club Emmaus, PA | $617,320 | $944,594 |
Red Wave Swim Team Montclair, NJ | $315,832 | $902,418 |