Rolling Valley Swim Club Inc
- Assets
- $114.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, VA
- Founding
- 05/1970
- Data as of
- 12/2023
- EIN
- 54-0856389
Organization Overview
Rolling Valley Swim Club Inc is located in Springfield, VA. 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. Rolling Valley 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 12/2023, Rolling Valley Swim Club Inc generated $183.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $175.8k during the year ending 12/2023. While expenses have increased by 4.6% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
SWIM AND TENNIS CLUB
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel Campbell President | 4 | $0 | |
Treasurer Michael Loos | 4 | $0 | |
William Canavan Vice President | 4 | $0 | |
Megan Cvandal Secretary | 1 | $0 | |
Justin Shelton Chair, Information Technology | 3 | $0 | |
Dan Hale Chair, Membership | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,773 |
| Total Program Service Revenue | $30,813 |
| Membership dues | $149,609 |
| Investment income | $169 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $183,364 |
| 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 | $97,086 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $78,705 |
| Total expenses | $175,791 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,204 |
| Other assets | $0 |
| Total assets | $114,729 |
| Total liabilities | $0 |
| Net assets or fund balances | $114,729 |