Fairfield Crest Swim Club
- Assets
- $39.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, DE
- Founding
- 01/1967
- Data as of
- 12/2023
- EIN
- 51-0104626
Organization Overview
Fairfield Crest Swim Club is located in Newark, DE. The organization was established in 1967. 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. Fairfield Crest 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 12/2023, Fairfield Crest Swim Club generated $70.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $90.0k during the year ending 12/2023. 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
POOL ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maribeth Lyles President | 10 | $0 | |
Laurie Hanich Vice President | 10 | $0 | |
Michael Gobeil Treasurer | 10 | $0 | |
Lauren Simione Swim Team Rep | 10 | $0 | |
Allison Gobeil Social Director | 10 | $0 | |
Matthew Hall Operations | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $56,667 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,727 |
| Other Revenue | $0 |
| Total Revenue | $70,799 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,066 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,960 |
| Total expenses | $90,026 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,796 |
| Other assets | $0 |
| Total assets | $39,796 |
| Total liabilities | $108 |
| Net assets or fund balances | $39,688 |