Wayland Swimming And Tennis Club Inc is located in Wayland, MA. The organization was established in 1964. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, under the broad grouping of Recreation & Sports and related organizations. As of 10/2020, Wayland Swimming And Tennis Club Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wayland Swimming And Tennis 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, Wayland Swimming And Tennis Club Inc generated $364.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $412.5k 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
RECREATIONAL ACTIVITIES FOR WAYLAND RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB PROVIDES RECREATIONAL ACTIVITIES FOR RESIDENTS OF WAYLAND.
THE SWIMMING PROGRAM SERVES 410 REGISTRANTS FOR SWIMMING ACTIVITIES DURING THE SUMMER. THE CLUB OFFERS SWIMMING LESSONS AND SWIMMING TEAM COMPETITION TO CLUB MEMBERS.
THE TENNIS PROGRAM SERVES 858 REGISTRANTS FOR TENNIS ACTIVITIES DURING THE CLUB SEASON. THE CLUB MAINTAINS EIGHT TENNIS COURTS FOR ITS MEMBERS. THE CLUB OFFERS TENNIS LESSONS AND TEAM COMPETITION FOR ITS MEMBERS.
THE KIDS ZONE PROGRAM PROVIDES ACTIVITIES FOR KIDS DURING THE SUMMER (SWIMMING, TENNIS, ARTS & CRAFTS).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Dornaus Executive Director | Officer | 10 | $25,500 |
Melissa Davis-Bell Business Manager | Officer | 10 | $19,450 |
John Todd Treasurer (until 1/20) | OfficerTrustee | 2 | $0 |
Frank Tan Co-Treas(until 1/20) Treasurer(as Of 1/20) | OfficerTrustee | 2 | $0 |
Cheri Walker Co-Pres (until 1/20) Pres(as Of 1/20) | OfficerTrustee | 8 | $0 |
John Evangelista Co-Pres (as Of 1/20) | OfficerTrustee | 8 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $29,685 |
Investment income | $160 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $364,599 |
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. | $46,290 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $134,117 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $16,614 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,275 |
Fees for services: Accounting | $2,200 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $8,607 |
Advertising and promotion | $0 |
Office expenses | $13,361 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $103,073 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $58,984 |
Insurance | $12,986 |
All other expenses | $0 |
Total functional expenses | $412,544 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $126,152 |
Savings and temporary cash investments | $75,733 |
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 | $1,270,621 |
Accounts payable and accrued expenses | $8,787 |
Grants payable | $0 |
Deferred revenue | $1,715 |
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 | $465,314 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $689,590 |
Total liabilities | $1,165,406 |
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 | $0 |
Total liabilities and net assets/fund balances | $105,215 |
Organization Name | Assets | Revenue |
---|---|---|
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Usta Eastern Inc White Plains, NY | $5,765,024 | $4,131,199 |
Millbrook Golf And Tennis Club Inc Millbrook, NY | $5,327,958 | $3,562,808 |
Tenacity Inc Boston, MA | $5,621,842 | $5,321,929 |
Tennis Club Of Rochester Inc Pittsford, NY | $3,132,804 | $2,778,170 |
The Sportmens Tennis & Enrichment Center Inc Dorchester, MA | $6,337,014 | $5,005,388 |
City Squash Inc Bronx, NY | $6,666,385 | $3,002,008 |
Port Washington Tennis Academy Inc Port Washington, NY | $5,263,201 | $1,557,377 |
Tennis And Racquet Club Boston, MA | $1,909,646 | $1,126,682 |
Poughkeepsie Tennis Club Poughkeepsie, NY | $543,906 | $1,179,973 |
Fox Meadow Tennis Club West Harrison, NY | $1,758,347 | $1,193,963 |