Lake Superior Swim Club
- Assets
- $14.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Duluth, MN
- Founding
- 08/2011
- Data as of
- 12/2021
- EIN
- 27-3051302
Organization Overview
Lake Superior Swim Club is located in Duluth, MN. The organization was established in 2011. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, 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. Lake Superior Swim Club is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Lake Superior Swim Club generated $155.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $158.5k during the year ending 12/2021. While expenses have increased by 7.7% 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
2021
Describe the Organization's Program Activity:
Part 3
EDUCATION PROGRAMS IN SWIMMING AND RELATED WATER ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Yung President | 1 | $0 | |
Kenji Sudoh Director | 1 | $0 | |
Daniel Zelen Vice Preside | 1 | $0 | |
Tyler Zelen Director | 1 | $0 | |
Jason Hansen Director | 1 | $0 | |
Jane Rudd Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $155,103 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $155,117 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $128,380 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $59 |
| Other expenses | $30,075 |
| Total expenses | $158,514 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,121 |
| Other assets | $0 |
| Total assets | $14,121 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,121 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Lake Superior Swim Club has recieved totaling $10,005.
| Awarding Organization | Amount |
|---|---|
Northland Foundation Duluth, MN PURPOSE: TO PROVIDE FINANCIAL SUPPORT TO BUSINESSES AND NONPROFITS ADVERSELY IMPACTED BY THE COVID-19 PANDEMIC. | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
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|---|---|---|
Dubuque Racing Association Ltd Dubuque, IA | $61,524,340 | $44,438,133 |
Young Mens Christian Association Of Greater Waukesha County Inc New Berlin, WI | $45,522,336 | $21,339,242 |
Detroit Mountain Recreation Area Inc Detroit Lakes, MN | $3,604,000 | $2,203,454 |
New Richmond Area Centre Ltd New Richmond, WI | $2,632,645 | $1,659,233 |
Brown County Ice Management Inc De Pere, WI | $551,946 | $1,678,354 |
Heat Athletics Inc Franklin, WI | $0 | $70,243 |
Hayward Civic Club Inc Hayward, WI | $3,229,551 | $1,328,789 |
Madison Ice Inc Madison, WI | $3,210,061 | $1,229,246 |
Little Earth Residents Association Inc Minneapolis, MN | $940,868 | $1,610,380 |
Arenaco Coralville, IA | $45,872,582 | $554,050 |
Hermantown Arena Board Hermantown, MN | $328,983 | $736,991 |
Orono Ice Arena Inc Long Lake, MN | $3,291,506 | $652,164 |