Hy-Crest Swim Club & Recreation Association Inc
- Assets
- $16.5k
- Revenue
- $98.8k
- Investments
- $0.0
- Employees
- 13
- Location
- West Chester, OH
- Founding
- 08/1966
- Data as of
- 09/2021
- EIN
- 31-0710548
Organization Overview
Hy-Crest Swim Club & Recreation Association Inc is located in West Chester, OH. The organization was established in 1966. According to its NTEE Classification (N03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Recreation & Sports and related organizations. As of 09/2021, Hy-Crest Swim Club & Recreation Association Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hy-Crest Swim Club & Recreation Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2021, Hy-Crest Swim Club & Recreation Association Inc generated $98.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $118.7k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EXCELLENT SWIM AND RECREATIONAL FACILITIES AND PROGRAMS IN A FRIENDLY, FAMILY ORIENTED CLUB ENVIRONMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
GUEST FEES PAID BY MEMBERS AND CONCESSION
POOL FACILITY AND SWIM LESSONS FOR MEMBERS AND MEMBER CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carrie Gavigan President | OfficerTrustee | 5 | $0 |
Eric Anderson Treasurer | OfficerTrustee | 5 | $0 |
Vanessa Nordmark Secretary | OfficerTrustee | 5 | $0 |
Lynn Sebastianelli Trustee | Trustee | 2 | $0 |
Joe Mayerik Trustee | Trustee | 2 | $0 |
Robin Davidson Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $81,315 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,315 |
| Total Program Service Revenue | $6,025 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,480 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,161 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $98,780 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,453 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,450 |
| Fees for services: Management | $11,338 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $830 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $360 |
| Office expenses | $813 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $34,340 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,387 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,395 |
| All other expenses | $0 |
| Total functional expenses | $118,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,498 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $13,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,498 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $46,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $46,000 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$29,502 |
| Total liabilities and net assets/fund balances | $16,498 |
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|---|---|---|
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American Camping Association Inc Martinsville, IN | $11,963,370 | $10,286,086 |
International Coach Federation Inc Lexington, KY | $18,635,968 | $11,387,975 |
Pennsylvania Recreation Vehicle And Camping Association Camp Hill, PA | $19,781,607 | $4,403,448 |
American Volleyball Coaches Assn Lexington, KY | $2,919,842 | $2,493,075 |
Tri-State Section Of The Professional Golfers Association Moon Township, PA | $1,087,526 | $1,621,148 |
Northern Ohio Professional Golfers Association Warrensville Heights, OH | $1,058,271 | $1,553,989 |
Lombard Swim Association Inc Philadelphia, PA | $3,099,321 | $1,649,566 |
Indiana Section Of The Professional Golfers Association Of America Inc Indianapolis, IN | $1,336,237 | $1,065,938 |
Professional Golfers Association Of America Southern Ohio Section Fairborn, OH | $584,726 | $898,335 |
Ohio Parks & Recreation Assn Westerville, OH | $327,584 | $800,978 |
Professional Golfers Association Michigan Section Pga Bath, MI | $2,049,674 | $979,574 |