Bolton Swim & Tennis Ltd is located in Baltimore, MD. The organization was established in 1975. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, under the broad grouping of Recreation & Sports and related organizations. As of 11/2023, Bolton Swim & Tennis Ltd employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bolton Swim & Tennis Ltd 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, Bolton Swim & Tennis Ltd generated $399.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $491.7k during the year ending 11/2023. While expenses have increased by 7.4% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
BOLTON SWIM AND TENNIS, A 501(C)(7) ORGANIZATION, OPERATES A SWIMMING AND TENNIS FACILITY FOR ITS MEMBERS. MEMBERSHIP DUES FUND ALL OPERATIONS OF THE FACILITY AND ARE ESSENTIAL TO ITS CONTINUED EXISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOLTON SWIM AND TENNIS, A 501(C)(7) ORGANIZATION, OPERATES A SWIMMING AND TENNIS FACILITY FOR ITS MEMBERS. MEMBERSHIP DUES FUND ALL OPERATIONS OF THE FACILITY AND ARE ESSENTIAL TO ITS CONTINUED EXISTANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vanessa Bliss Vice Preside | Officer | $0 | |
John Canale President | Officer | $0 | |
John Mclane Vice Preside | Officer | $0 | |
Brett Naylor Secretary | Officer | $0 | |
Sallye Perrin Vice Preside | Officer | $0 | |
Michael Weiss Treasurer | Officer | $0 |
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 | $397,713 |
Investment income | $2,054 |
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 | $399,767 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $168,813 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $16,079 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,450 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $179,095 |
Advertising and promotion | $0 |
Office expenses | $2,678 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,050 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $102,352 |
Insurance | $20,199 |
All other expenses | $0 |
Total functional expenses | $491,716 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,643 |
Savings and temporary cash investments | $6,000 |
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 | $496,937 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $510,580 |
Accounts payable and accrued expenses | $34,390 |
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 | $15,092 |
Total liabilities | $49,482 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $247,116 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $213,982 |
Total liabilities and net assets/fund balances | $510,580 |