Winchester Swim Club Inc
- Assets
- $2.7m
- Revenue
- $826.4k
- Investments
- $0.0
- Employees
- 73
- Location
- South Dartmouth, MA
- Founding
- 03/1969
- Data as of
- 12/2023
- EIN
- 04-2376028
Organization Overview
Winchester Swim Club Inc, operating under the name Winchester Swim & Tennis Club, is located in South Dartmouth, MA. The organization was established in 1969. 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 12/2023, Winchester Swim & Tennis Club employed 73 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Winchester Swim & Tennis Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Winchester Swim & Tennis Club generated $826.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $699.9k during the year ending 12/2023. While expenses have increased by 2.3% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
RECREATIONAL CLUB THAT PROVIDES POOL AND TENNIS FACILITIES TO APPROXIMATELY 330 MEMBER FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCIAL PROGRAMS: TYPICALLY PROVIDE SOCIAL ACTIVITIES TO MEMBERS INCLUDING BUT NOT LIMITED TO THEME DINNERS NEW MEMBER OPEN BOARD OF DIREECTORS' MEETING BRUNCH FOURTH OF JULY CELEBRATION TEEN MOVIE KIDS' NIGHTS. THE RANGE OF PARTICIPATION FOR THESE EVENTS IS BETWEEN 10% - 90% OF CLUB MEMBERSHIP.
SWIM PROGRAMS: TYPICALLY ORGANIZE AND MANAGE A SWIM TEAM WITH ABOUT 100 PARTICIPANTS. NORMALLY COMPETE IN SIX MEETS THROUGHOUT THE SUMMER INCLUDING AN END OF SEASON CHAMPIONSHIP WITH OTHER AREA CLUBS.
TENNIS PROGRAMS: NORMALLY ORGANIZE AND MANAGE TENNIS TEAMS FOR BOYS AND GIRLS. THE TOTAL NUMBER OF PARTICIPANTS IS ABOUT 50 AND THERE ARE ROUGHLY 14 MATCHES DURING THE SUMMER. THIS PROGRAM ALSO CONSISTS OF WEEKLY CLINICS THAT PROVIDE TENNIS INSTRUCTIONS OVER NINE WEEKS. LAST YEAR ABOUT 280 CHILDREN PARTICIPATED. PARTICIPATION IN ADULT CLINICS TENNIS SOCIALS WAS ABOUT 120 LAST YEAR.
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 |
|---|---|---|---|
Richard Mucci President | Officer | 2 | $0 |
Andrew Shepard Treasurer | Officer | 0.25 | $0 |
Catherine Snyder Secretary | Officer | 0.25 | $0 |
David Hadas Director Of Communications | Trustee | 1 | $0 |
Fotis Barlos Director Of Facilities | Trustee | 0.25 | $0 |
Paul Charchaflian Director Hr | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| 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 | $0 |
| Total Program Service Revenue | $820,126 |
| Investment income | $3,702 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,000 |
| 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 | $826,404 |
| 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 | $299,173 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $29,075 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,246 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,397 |
| Advertising and promotion | $0 |
| Office expenses | $5,719 |
| Information technology | $5,426 |
| Royalties | $0 |
| Occupancy | $39,497 |
| 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 | $63,793 |
| Insurance | $33,794 |
| All other expenses | $17,106 |
| Total functional expenses | $699,913 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $753,904 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$455 |
| 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 | $1,952,967 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,706,416 |
| Accounts payable and accrued expenses | $1,290,733 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $21,300 |
| 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 | $1,312,033 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $1,394,383 |
| Total liabilities and net assets/fund balances | $2,706,416 |