Dumont Swim Club is located in Dumont, NJ. The organization was established in 1978. 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. Dumont Swim Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Dumont Swim Club generated $139.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $120.3k 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
THE OPERATION BY MEMBERSHIP OF A SEASONAL SWIM CLUB FOR THE BENEFIT AND RECREATION OF RESIDENTS OF DUMONT, NJ AND NEIGHBORING TOWNS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jamie O'neill President | 4 | $0 | |
Matt D'elia Vice President | 4 | $0 | |
Margerette Bambach Secretary | 2 | $0 | |
Charles Rossman Trustee | 2 | $0 | |
Marie Romano Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $23,625 |
Total Program Service Revenue | $0 |
Membership dues | $115,687 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $139,312 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $40,750 |
Professional fees and other payments to independent contractors | $1,475 |
Occupancy, rent, utilities, and maintenance | $8,669 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $69,434 |
Total expenses | $120,328 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $41,467 |
Other assets | $0 |
Total assets | $41,467 |
Total liabilities | $52,428 |
Net assets or fund balances | -$10,961 |
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