Reeds Community Swimming Club Inc
- Assets
- $42.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, NC
- Founding
- 07/1976
- Data as of
- 12/2021
- EIN
- 56-1010963
Organization Overview
Reeds Community Swimming Club Inc is located in Lexington, NC. The organization was established in 1976. 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. Reeds Community Swimming 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 12/2021, Reeds Community Swimming Club Inc generated $73.6k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $59.1k during the year ending 12/2021. While expenses have increased by 4.4% per year over the past 2 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
2021
Describe the Organization's Program Activity:
Part 3
REEDS COMMUNITY SWIMMING CLUB PURPOSE IS TO GIVE THE RESIDENTS OF THE REEDS COMMUNITY A SAFE PLACE TO SWIM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Quick President | 0 | $0 | |
Chris Kinley Vice Preside | 0 | $0 | |
Nikki Young Secretary | 0 | $0 | |
Chris Haney Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,923 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $14,575 |
| Total Revenue | $73,594 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,115 |
| Professional fees and other payments to independent contractors | $6,330 |
| Occupancy, rent, utilities, and maintenance | $10,357 |
| Printing, publications, postage, and shipping | $471 |
| Other expenses | $24,800 |
| Total expenses | $59,073 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,192 |
| Other assets | $0 |
| Total assets | $42,192 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,192 |