Springfield Swim Club Inc

Organization Overview

Springfield Swim Club Inc is located in Springfield, PA. The organization was established in 1958. 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 10/2018, Springfield Swim Club Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springfield Swim 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 10/2018, Springfield Swim Club Inc generated $294.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $263.3k during the year ending 10/2018. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2018

Describe the Organization's Mission:

Part 3 - Line 1

THE CLUB IS ORGANIZED UNDER THE LAWS OF THE COMMONWEALTH OF PENNSYLVANIA AS A NON-PROFIT ORGANIZATION TO PROMOTE, FINANCE, LEASE, OWN, OPERATE MAINTAIN RECREATIONAL AND EDUCATIONAL FACILITIES, INCLUDING A SWIMMING POOL, TOGETHER WITH SUCH INCIDENTAL OBJECTS AS ARE APPROPRIATE TO THE CONDUCT OF ITS ACTIVITIES, FOR THE EXCLUSIVE USE OF ITS MEMBERS AND THEIR FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CLUB IS ORGANIZED UNDER THE LAWS OF THE COMMONWEALTH OF PENNSYLVANIA AS A NON-PROFIT ORGANIZATION TO PROMOTE, FINANCE, LEASE, OWN, OPERATE MAINTAIN RECREATIONAL AND EDUCATIONAL FACILITIES, INCLUDING A SWIMMING POOL, TOGETHER WITH SUCH INCIDENTAL OBJECTS AS ARE APPROPRIATE TO THE CONDUCT OF ITS ACTIVITIES, FOR THE EXCLUSIVE USE OF ITS MEMBERS AND THEIR FAMILIES.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$265,705
Investment income $16,980
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,950
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 $294,325

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