Mankato Swim Club Inc
- Assets
- $77.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kasota, MN
- Founding
- 09/1984
- Data as of
- 07/2022
- EIN
- 41-1463839
Organization Overview
Mankato Swim Club Inc is located in Kasota, MN. The organization was established in 1984. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mankato Swim Club Inc 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 07/2022, Mankato Swim Club Inc generated $94.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $99.0k during the year ending 07/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
USETHESPORTOFSWIMMINGASAVEHICLETOTEACHTHEFOLLOWINGVALUESTOOURSWIMMERS:DISCIPLINE,LEADERSHIP,PHYSICALFITNESS,SPORTSMANSHIPANDGOALSETTING73REGISTEREDSWIMMERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Lindstrom President & Head Coach | 30 | $20,324 | |
Bob Kamm Treasurer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,662 |
| Total Program Service Revenue | $0 |
| Membership dues | $72,566 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,528 |
| Other Revenue | $0 |
| Total Revenue | $94,756 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $23,519 |
| Salaries, other compensation, and employee benefits | $51,804 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $16,396 |
| Printing, publications, postage, and shipping | $3,986 |
| Other expenses | $3,271 |
| Total expenses | $98,976 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,943 |
| Other assets | $0 |
| Total assets | $77,943 |
| Total liabilities | $0 |
| Net assets or fund balances | $77,943 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mankato Swim Club Inc has recieved totaling $124.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $124 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walter Schroeder Aquatic Center Ltd Brown Deer, WI | $2,876,227 | $1,771,521 |
Rochester Swim Club Orcas Rochester, MN | $1,478,113 | $1,744,806 |
Usa Swimming Inc Minnetonka, MN | $1,086,906 | $1,178,043 |
Waukesha Express Swim Team Inc Waukesha, WI | $109,829 | $1,001,501 |
Usa Swimming Inc New London, WI | $201,918 | $903,511 |
South Metro Storm Swim Club Lakeville, MN | $230,213 | $738,939 |
Sailing Education Association Of Sheboygan Inc Sheboygan, WI | $3,043,659 | $639,193 |
Ozaukee Aquatics Inc Cedarburg, WI | $165,542 | $738,005 |
Edina Swim Club Inc Edina, MN | $440,938 | $736,378 |
Eden Prairie Foxjet Swim Team Eden Prairie, MN | $301,926 | $531,103 |
Milwaukee Community Sailing Center Inc Milwaukee, WI | $2,878,635 | $633,926 |
Minneapolis Sailing Center Minneapolis, MN | $376,071 | $638,488 |