Cape Aquatics Swim Club is located in Cape Coral, FL. The organization was established in 1995. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Cape Aquatics Swim Club is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Cape Aquatics Swim Club generated $90.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $85.3k during the year ending 12/2023. 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
PRODUCING SWIMMERS WHO GAIN RECOGNITION IN CHAMPIONSHIP MEETS AND ACHIEVE NATIONAL RANKINGS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Collins Director | 50 | $35,520 | |
Wendi Persechino Secretary | 0 | $0 | |
Valerie Pellegrino Vice President | 0 | $0 | |
Dianne Kimble Treasurer | 0 | $0 | |
Anne Smith President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $90,436 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90,436 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,237 |
| Professional fees and other payments to independent contractors | $1,551 |
| Occupancy, rent, utilities, and maintenance | $9,692 |
| Printing, publications, postage, and shipping | $472 |
| Other expenses | $35,344 |
| Total expenses | $85,296 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,012 |
| Other assets | $0 |
| Total assets | $30,012 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,012 |