University Swimming Association Inc
- Assets
- $130.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Brunswick, NJ
- Founding
- 04/1964
- Data as of
- 10/2023
- EIN
- 22-1688245
Organization Overview
University Swimming Association Inc is located in New Brunswick, NJ. The organization was established in 1964. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Swimming Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 10/2023, University Swimming Association Inc generated $178.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $195.0k during the year ending 10/2023. While expenses have increased by 3.9% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
UNIVERSITY SWIMMING ASSOCIATION INC OFFERS MULTIPLE PROGRAMS INCLUDING ADULT STROKE IMPROVEMENT AND COMPETITIVE SWIMMING, WATER AEROBICS, AND GROUP AND INDIVIDUAL LESSONS FOR CHILDREN. THE PROGRAM ALSO HOSTS A COMPETITIVE SWIM TEAM FOR CHILDREN AGED 6-18.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Fryer President | 10 | $0 | |
Kate Woodside Vice President/treasurer | 4 | $0 | |
Thomas Distefano Director Of Communications | 4 | $0 | |
Barbara Bender Recording Secretary | 4 | $0 | |
Jewel Daney Membership Chair | 10 | $0 | |
Kimberly Abram Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $147,003 |
| Investment income | $67 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $31,862 |
| Total Revenue | $178,932 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $90,828 |
| Professional fees and other payments to independent contractors | $8,431 |
| Occupancy, rent, utilities, and maintenance | $42,829 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $52,905 |
| Total expenses | $194,993 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,793 |
| Other assets | $0 |
| Total assets | $130,860 |
| Total liabilities | $91,498 |
| Net assets or fund balances | $39,362 |