Laurel Run Swimming Association
- Assets
- $44.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Reading, PA
- Founding
- 06/1980
- Data as of
- 12/2023
- EIN
- 23-1584775
Organization Overview
Laurel Run Swimming Association is located in Reading, PA. The organization was established in 1980. 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. Laurel Run 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 12/2023, Laurel Run Swimming Association generated $116.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $117.9k during the year ending 12/2023. While expenses have increased by 1.8% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Messner President | 2 | $0 | |
Karen Dietrich-Schwartz Secretary | 2 | $0 | |
Mike Sharer Vice President | 2 | $0 | |
Jennifer Seiders Treasurer | 2 | $0 | |
Gary Fick Director | 1 | $0 | |
Katie Evans Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $77,039 |
| Investment income | $0 |
| Gain or Loss | $18,584 |
| Net Income from Gaming & Fundraising | $1,917 |
| Other Revenue | $18,528 |
| Total Revenue | $116,068 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,223 |
| Professional fees and other payments to independent contractors | $4,459 |
| Occupancy, rent, utilities, and maintenance | $63,168 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,019 |
| Total expenses | $117,869 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,374 |
| Other assets | $0 |
| Total assets | $44,673 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,673 |