Valdez Swim Club Inc
- Assets
- $36.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Valdez, AK
- Founding
- 08/1995
- Data as of
- 12/2021
- EIN
- 92-0152408
Organization Overview
Valdez Swim Club Inc is located in Valdez, AK. The organization was established in 1995. 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. Valdez Swim Club Inc 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 12/2021, Valdez Swim Club Inc generated $65.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $71.8k during the year ending 12/2021. 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
DEVELOPED THE SWIMMING SKILLS OF APPROXIMATELY 124 CHILDREN AND SPONSORED 5 SWIM MEETS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Hall Treasurer | 0 | $0 | |
Betty Hoffman Board Member | 0 | $0 | |
Jamie Arciniega Board Member | 0 | $0 | |
Amanda Wiese Board Member | 0 | $0 | |
Ambria Saucier Board Member | 0 | $0 | |
Sara Montgomery Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,143 |
| Total Program Service Revenue | $158 |
| Membership dues | $24,773 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $22,394 |
| Other Revenue | $0 |
| Total Revenue | $65,739 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,686 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,155 |
| Total expenses | $71,841 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,889 |
| Other assets | $0 |
| Total assets | $36,231 |
| Total liabilities | $3,902 |
| Net assets or fund balances | $32,329 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Valdez Swim Club Inc has recieved totaling $8,315.
| Awarding Organization | Amount |
|---|---|
Valdez United Way Valdez, AK PURPOSE: Program Funding | $8,000 |
Crowley Cares Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $315 |
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 |
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 |
Everett Rowing Association Everett, WA | $460,272 | $556,877 |