Langhorne Swimming Club Inc
- Assets
- $244.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Langhorne, PA
- Founding
- 06/1984
- Data as of
- 12/2022
- EIN
- 23-1527267
Organization Overview
Langhorne Swimming Club Inc is located in Langhorne, PA. The organization was established in 1984. 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. Langhorne Swimming 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 12/2022, Langhorne Swimming Club Inc generated $105.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $96.9k during the year ending 12/2022. While expenses have increased by 2.2% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
OPERATE A COMMUNITY SWIM CLUB
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Stanford President | 0 | $0 | |
Roger Peasley Treasurer | 0 | $0 | |
Michael Gonzales Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $105,896 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $105,896 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,139 |
| Professional fees and other payments to independent contractors | $1,360 |
| Occupancy, rent, utilities, and maintenance | $44,359 |
| Printing, publications, postage, and shipping | $1,520 |
| Other expenses | $16,498 |
| Total expenses | $96,876 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,919 |
| Other assets | $0 |
| Total assets | $244,247 |
| Total liabilities | $56,000 |
| Net assets or fund balances | $188,247 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Row New York Inc New York, NY | $11,063,352 | $5,131,305 |
Long Island Swimming Garden City, NY | $5,786,299 | $2,981,330 |
Stony Brook Yacht Club Inc Stony Brook, NY | $1,925,542 | $2,144,649 |
Swiminc Inc Worthington, OH | $829,638 | $1,806,874 |
Hudson River Community Sailing Inc New York, NY | $1,975,748 | $1,753,516 |
Vermilion Boat Club Inc Vermilion, OH | $883,885 | $1,475,888 |
South Jersey Aquatic Club Voorhees, NJ | $176,269 | $1,185,963 |
North Baltimore Aquatic Club Inc Towson, MD | $609,098 | $1,206,837 |
Swim And Racquet Club Columbus, OH | $2,677,814 | $1,163,525 |
West Side Rowing Club Incorporated Of The City Of Buffalo Buffalo, NY | $4,706,391 | $1,097,011 |
Forest Hill Swim Club Inc Ellicott City, MD | $874,185 | $822,025 |
Usa Swimming Inc Blue Bell, PA | $1,171,270 | $977,140 |