River Road Swim Club Inc
- Assets
- $11.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 11/1984
- Data as of
- 10/2024
- EIN
- 51-0118920
Organization Overview
River Road Swim Club Inc is located in Wilmington, DE. The organization was established in 1984. 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. River Road 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 10/2024, River Road Swim Club Inc generated $111.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $114.4k during the year ending 10/2024. While expenses have increased by 4.5% per year over the past 5 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
2024
Describe the Organization's Program Activity:
Part 3
THE RIVER ROAD SWIM CLUB IS A PRIVATE CLUB. WE TEACH KIDS TO SWIM AND COMPETE IN A SUMMER LONG COMPETITION AGAINST OTHER SWIM CLUBS IN THE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Higgins President | 30 | $0 | |
Glen King Vice President | 20 | $0 | |
Albert Anderson Treasurer | 30 | $0 | |
Melissa Stancil Secretary | 25 | $0 | |
Mike Vendouern Membership | 25 | $0 | |
John Pierson Maintenance | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $102,524 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $111,642 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,609 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $56,605 |
| Printing, publications, postage, and shipping | $200 |
| Other expenses | $16,027 |
| Total expenses | $114,441 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,666 |
| Other assets | $0 |
| Total assets | $11,666 |
| Total liabilities | $28,000 |
| Net assets or fund balances | -$16,334 |