West Arundel Swim Club Inc
- Assets
- $144.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Laurel, MD
- Founding
- 02/1970
- Data as of
- 01/2024
- EIN
- 52-6070332
Organization Overview
West Arundel Swim Club Inc is located in Laurel, MD. The organization was established in 1970. 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. West Arundel 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 01/2024, West Arundel Swim Club Inc generated $122.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $123.1k during the year ending 01/2024. While expenses have increased by 5.8% per year over the past 4 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
PROVIDED SOCIAL EVENTS FOR MEMBERS AND GUESTS PROVIDED SWIM AND AEROBIC LESSONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Venit President | 20 | $0 | |
Martina Newman Treasurer | 10 | $0 | |
Marlene Netherton Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $122,004 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $122,006 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,357 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $25,347 |
| Printing, publications, postage, and shipping | $5,760 |
| Other expenses | $35,663 |
| Total expenses | $123,127 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,869 |
| Other assets | $0 |
| Total assets | $144,114 |
| Total liabilities | $1,460 |
| Net assets or fund balances | $142,654 |