Chinook Aquatic Club is located in Renton, WA. The organization was established in 1977. 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 09/2022, Chinook Aquatic Club employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chinook Aquatic 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 09/2022, Chinook Aquatic Club generated $453.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $415.1k during the year ending 09/2022. While expenses have increased by 2.6% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AMATEUR COMPETITIVE SWIM CLUB REGISTERED WITH USA SWIMMING. PROGRAM SERVICES 125 - 135 YOUTH SWIMMERS FROM 5 TO 18 YEARS OF AGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHINOOK AQUATIC CLUB IS AN AMATEUR COMPETITIVE SWIM CLUB REGISTERED WITH SUA SWIMMING. THE CLUB PROVIDES TRAINING FOR AND PARTICIPATION IN USA SWIMMING SANCTIONED MEETS FOR 125-135 YOUTHS FROM 5 TO 18 YEARS OF AGE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marcy Mccorriston President | OfficerTrustee | 5 | $0 |
Kim Watkins Treasurer | OfficerTrustee | 5 | $0 |
Tracy Mcdonald Director | Trustee | 3 | $0 |
Zoe Goldring Director | Trustee | 3 | $0 |
Lynn Gerking Director | Trustee | 3 | $0 |
Bob Karl Director | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $37,657 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $37,657 |
Total Program Service Revenue | $419,344 |
Investment income | $60 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$3,348 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $453,713 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $120,802 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $10,007 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,220 |
Advertising and promotion | $200 |
Office expenses | $3,905 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $149,587 |
Travel | $7,720 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $46,093 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,011 |
All other expenses | $8 |
Total functional expenses | $415,112 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $115,116 |
Savings and temporary cash investments | $300,116 |
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 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $500 |
Total assets | $415,732 |
Accounts payable and accrued expenses | $142 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $142 |
Net assets without donor restrictions | $415,590 |
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 | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $415,732 |
Over the last fiscal year, we have identified 1 grants that Chinook Aquatic Club has recieved totaling $168.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $168 |
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 |