High Point Swim Club is located in Wilmington, DE. The organization was established in 1956. 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. High Point Swim Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 11/2023, High Point Swim Club generated $107.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.2% each year . All expenses for the organization totaled $109.5k during the year ending 11/2023. While expenses have increased by 16.0% per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
0
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Renee Pietropolo President | 10 | $0 | |
Eric Olsen Treasurer | 10 | $0 | |
Tom Ornorff Pool Manager | 25 | $5,500 | |
Beth Orndorff Board Member | 10 | $0 | |
Aileen Welsh Board Member | 10 | $0 | |
Peet Grimms Board Member | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $87,607 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $11,271 |
Total Revenue | $107,602 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $27,957 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $52,399 |
Printing, publications, postage, and shipping | $447 |
Other expenses | $28,694 |
Total expenses | $109,497 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $7,247 |
Other assets | $0 |
Total assets | $120,518 |
Total liabilities | $19,000 |
Net assets or fund balances | $101,518 |