Lansdowne Swim Club Inc is located in Lansdowne, PA. The organization was established in 1959. 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. Lansdowne 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 09/2022, Lansdowne Swim Club Inc generated $199.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $189.0k during the year ending 09/2022. While expenses have increased by 4.6% 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
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Kowalski VP | 2 | $0 | |
Timothy Campbell President | 2 | $0 | |
William Burns Secretary | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $186,353 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $9,208 |
Other Revenue | $3,750 |
Total Revenue | $199,311 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $69,928 |
Professional fees and other payments to independent contractors | $2,516 |
Occupancy, rent, utilities, and maintenance | $55,011 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $61,566 |
Total expenses | $189,021 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,205 |
Other assets | $0 |
Total assets | $223,932 |
Total liabilities | $20,000 |
Net assets or fund balances | $203,932 |
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