Colony Swim Club Inc is located in Plymouth, MI. The organization was established in 1964. 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. As of 01/2021, Colony Swim Club Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colony 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 01/2021, Colony Swim Club Inc generated $243.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $238.1k during the year ending 01/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 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
PRIVATE SWIM CLUB FOR THE EXCLUSIVE USE OF MEMBERS, THEIR FAMILIES, AND GUESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SWIM CLUB FOR THE EXCLUSIVE BENEFIT OF ITS APPROXIMATELY 340 MEMBERS. THE CLUB IS OPEN SEASONALLY 7 DAYS A WEEK FROM MEMORIAL DAY THROUGH LABOR DAY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robin Zrodowski Vice-President | OfficerTrustee | 4 | $0 |
Jason Mcmann President | OfficerTrustee | 4 | $0 |
Claudia Muncy Treasurer | OfficerTrustee | 2 | $0 |
Corrie Sterzinger Secretary | OfficerTrustee | 2 | $0 |
Celena Khatib Membership Director | Trustee | 3 | $0 |
Benjamin Stubbs Building Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $115 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $243,055 |
Statement of Expenses | |
---|---|
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 to disqualified persons | $0 |
Other salaries and wages | $97,947 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,747 |
Payroll taxes | $8,280 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,835 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $5,511 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $19,560 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $45,269 |
Insurance | $9,543 |
All other expenses | $0 |
Total functional expenses | $238,095 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,904 |
Savings and temporary cash investments | $269,900 |
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 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $652,866 |
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 | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $187,610 |
Total liabilities | $187,610 |
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 |
Total liabilities and net assets/fund balances | $465,256 |
Organization Name | Assets | Revenue |
---|---|---|
Swiminc Inc Worthington, OH | $829,638 | $1,806,874 |
Michigan Boating Industries Assoc Commerce Township, MI | $6,848,061 | $1,258,585 |
Carmel Swim Club Carmel, IN | $1,078,759 | $1,620,809 |
Vermilion Boat Club Inc Vermilion, OH | $883,885 | $1,475,888 |
Walter Schroeder Aquatic Center Ltd Brown Deer, WI | $2,876,227 | $1,771,521 |
Swim And Racquet Club Columbus, OH | $2,677,814 | $1,163,525 |
Elba-Mar Boat Club Grosse Ile, MI | $874,771 | $981,147 |
Waukesha Express Swim Team Inc Waukesha, WI | $109,829 | $1,001,501 |
Club Wolverine Swimming Inc Ann Arbor, MI | $392,270 | $985,537 |
Usa Swimming Inc New London, WI | $201,918 | $903,511 |
Dayton Raiders Facilities Inc Beavercreek, OH | $1,039,430 | $598,004 |
Huron Valley Swim Club Ann Arbor, MI | $1,978,507 | $809,520 |