Laurelwood Swimming Association
- Assets
- $494.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pottstown, PA
- Founding
- 03/1962
- Data as of
- 12/2021
- EIN
- 23-1574195
Organization Overview
Laurelwood Swimming Association is located in Pottstown, PA. The organization was established in 1962. According to its NTEE Classification (N03) the organization is classified as: Professional Societies & Associations, 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. Laurelwood Swimming Association 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, Laurelwood Swimming Association generated $139.1k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $155.2k 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
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Rokicki President | 5 | $0 | |
Timothy Beaver Vice President | 5 | $0 | |
Sarah Smith Secretary | 5 | $0 | |
John Shakour Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $135,191 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,958 |
| Total Revenue | $139,149 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $47,370 |
| Professional fees and other payments to independent contractors | $10,100 |
| Occupancy, rent, utilities, and maintenance | $54,178 |
| Printing, publications, postage, and shipping | $339 |
| Other expenses | $43,226 |
| Total expenses | $155,213 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,630 |
| Other assets | $0 |
| Total assets | $494,307 |
| Total liabilities | $201,623 |
| Net assets or fund balances | $292,684 |
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