Normandy Park Swimming Club Inc
- Assets
- $2.3m
- Revenue
- $319.2k
- Investments
- $0.0
- Employees
- 59
- Location
- Burien, WA
- Founding
- 12/1958
- Data as of
- 10/2020
- EIN
- 91-0672418
Organization Overview
Normandy Park Swimming Club Inc is located in Burien, WA. The organization was established in 1958. 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. As of 10/2020, Normandy Park Swimming Club Inc employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Normandy Park 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 10/2020, Normandy Park Swimming Club Inc generated $319.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $207.2k during the year ending 10/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
HEALTH AND WELFARE THROUGH SWIMMING
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SWIMMING AND DIVING INSTRUCTION TO APPROXIMATELY 275 PEOPLE, SPONSOR SWIMMING AND DIVING TEAMS WITH APPROXIMATELY 250 MEMBERS, AND PROVIDE SWIMMING ACTIVITIES AND OTHER INCIDENTAL FACILITIES TO 250 MEMBERS AND THEIR GUESTS TO PROMOTE HEALTH AND GENERAL WELFARE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Sipes-Marvin President | OfficerTrustee | 2 | $0 |
Job Bork Vp/secretary | OfficerTrustee | 2 | $0 |
Piper Cummings Treasurer | OfficerTrustee | 2 | $0 |
Erika Stober Membership | Trustee | 2 | $0 |
Erich Behrens Facilities | Trustee | 2 | $0 |
Mark Goodspeed Swim Team Coordinator | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $243,659 |
| Investment income | $745 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$1,562 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $92 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $319,211 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,369 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,012 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,540 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,930 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,811 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,010 |
| Insurance | $10,116 |
| All other expenses | $0 |
| Total functional expenses | $207,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,722 |
| Savings and temporary cash investments | $83,909 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,308,096 |
| Accounts payable and accrued expenses | $1,219 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $999,500 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,000,719 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $69,107 |
| Total liabilities and net assets/fund balances | $1,307,377 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wave Aquatics Kirkland, WA | $630,453 | $2,501,805 |
George Y Pocock Rowing Foundation Seattle, WA | $3,882,620 | $2,812,752 |
Seattle Metropolitan Aquatic Club Smac Seattle, WA | $884,255 | $1,782,098 |
United Catcher Boats Seattle, WA | $475,180 | $1,731,610 |
View Ridge Swim And Tennis Club Inc Seattle, WA | $3,724,944 | $1,441,409 |
Sammamish Rowing Association Redmond, WA | $4,776,054 | $1,351,994 |
Issaquah Swim Team Association Issaquah, WA | $1,210,423 | $1,327,015 |
Lake Oswego Swim Club Lake Oswego, OR | $414,917 | $727,237 |
Arbor Heights Swim Club Inc Seattle, WA | $1,525,580 | $677,128 |
Whitewater Aquatics Management Seattle, WA | $197,555 | $544,677 |
Innis Arden Swim Club Shoreline, WA | $1,906,549 | $769,141 |
Usa Swimming Inc Auburn, WA | $927,564 | $338,583 |