Capital District Aquatics Corporation is located in Latham, NY. The organization was established in 1997. 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. Capital District Aquatics Corporation 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 08/2023, Capital District Aquatics Corporation generated $57.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.2%) each year. All expenses for the organization totaled $61.3k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (22.3%) per year over the past 4 years. 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
2023
Describe the Organization's Program Activity:
Part 3
TRAINING OF SWIMMERS OF DIFFERENT AGE AND SKILLS TO ACHIEVE PROFICIENCY IN SWIMMING THROUGH COMPETITION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeffrey Maxwell Executive Director | 12 | $32,371 | |
Ben Mcfarland Treasurer | 5 | $0 | |
Melissa Fraley Registrar | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $56,142 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $1,394 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $57,536 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $40,101 |
Professional fees and other payments to independent contractors | $552 |
Occupancy, rent, utilities, and maintenance | $5,700 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $14,958 |
Total expenses | $61,311 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $7,114 |
Other assets | $0 |
Total assets | $7,114 |
Total liabilities | $1,109 |
Net assets or fund balances | $6,005 |