Des Moines Swimming Federation
- Assets
- $81.1k
- Revenue
- $322.8k
- Investments
- $0.0
- Employees
- 11
- Location
- West Des Moines, IA
- Founding
- 07/1981
- Data as of
- 12/2021
- EIN
- 42-1149981
Organization Overview
Des Moines Swimming Federation is located in West Des Moines, IA. The organization was established in 1981. 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 12/2021, Des Moines Swimming Federation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Des Moines Swimming Federation 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, Des Moines Swimming Federation generated $322.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $299.7k during the year ending 12/2021. While expenses have increased by 1.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY GOAL OF DMSF IS TO PROVIDE THE OPPORTUNITY FOR EACH AND EVERY SWIMMER PARTICIPATING IN THE DMSF SWIMMING PROGRAMS TO PROGRESS TO THE HIGHEST COMPETITIVE LEVEL HE OR SHE IS CAPABLE OF AND OR DESIRES TO ACHIEVE. TO ACHIEVE THIS GOAL, THERE ARE TWO ESSENTIAL FOCUSES. ONE FOCUS IS TO ATTRACT AND RETAIN TALENTED SWIMMERS WITH THE DESIRE AND DEDICATION TO IMPROVE THEIR PHYSICAL CONDITIONING AND IS TO OFFER ENTRY LEVEL, EASY ENTRY-EASY EXIT SWIMMING PROGRAMS FOR THOSE YOUNG SWIMMERS WHO ARE CAPABLE OF PERFORMING THE FOUR BASIC STROKES WITH SOME DEGREE OF RACING TECHNIQUE, AS WELL AS EXPERIENCE A LOW PRESSURE, COMPETITIVE REWARD. IN BETWEEN THESE TWO FOCUSES DMSF OFFERS TRANSITION FROM ONE LEVEL OF COMPETITION TO THE NEXT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATED SWIMMING COMPETITIONS AND COACHING FOR YOUTH SWIM PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Stec Financial Coord | Trustee | 12 | $14,477 |
Matt Mcdevitt Treasurer | Officer | 0 | $0 |
Stuart Wilson At Large | Officer | 0 | $0 |
Jeffrey Fisher At Large | Officer | 0 | $0 |
Marcia Treichel Vice President | Officer | 0 | $0 |
Alissa Smith President | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $321,963 |
| Investment income | $0 |
| 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 | $793 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $322,756 |
| 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. | $14,477 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $139,250 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,979 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $38 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,731 |
| 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 | $2,209 |
| Insurance | $3,499 |
| All other expenses | $21,026 |
| Total functional expenses | $299,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,122 |
| 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 | $5,956 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $81,078 |
| 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 | $8,432 |
| Total liabilities | $8,432 |
| 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 | $72,646 |
| Total liabilities and net assets/fund balances | $81,078 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Des Moines Swimming Federation has recieved totaling $73.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $73 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grow Boating Inc Chicago, IL | $0 | $3,002,017 |
Usa Swimming Inc Rolling Meadows, IL | $1,062,881 | $1,962,511 |
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 |
New Trier Aquatics Winnetka, IL | $670,855 | $1,422,426 |
Hinsdale Swim Club Hinsdale, IL | $218,459 | $1,100,426 |
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 |
Downers Grove Swim And Raquet Club Downers Grove, IL | $1,117,120 | $881,688 |
West Swim Club Inc Willowbrook, IL | $811,668 | $867,248 |
South Metro Storm Swim Club Lakeville, MN | $230,213 | $738,939 |