Old Dominion Aquatic Club Incorporated

Organization Overview

Old Dominion Aquatic Club Incorporated is located in Virginia Beach, VA. The organization was established in 1983. 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 08/2023, Old Dominion Aquatic Club Incorporated employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Dominion Aquatic Club Incorporated 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 08/2023, Old Dominion Aquatic Club Incorporated generated $627.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $835.8k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE COMPETITIVE SWIMMING AS A USA SWIMMING TEAM FOR ATHLETES AT ALL LEVELS OF SWIMMING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CLUB HAD AN AVERAGE OF 220 SWIMMERS ENROLLED THIS YEAR. THE TEAM IS IN GOOD STANDING WITH USA SWIMMING. WE OFFER AN OUTREACH PROGRAM FOR SWIMMERS WHO CANNOT AFFORD TO PAY MONTHLY DUES. THIS PROGRAM IS BASED ON VIRGINIA SWIMMING AND USA SWIMMING GUIDELINES. THE FAMILIES ARE RESPONSIBLE FOR PAYING $5 TOWARDS USA SWIM REGISTRATION AND $100 FOR ODAC FAMILY REGISTRATION. THERE IS 1 OUTREACH FAMILY (4 SWIMMERS) THAT WERE/ARE ON THE TEAM DURING THE TIMEFRAME OF THIS RETURN.


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Board, Officers & Key Employees

Name (title)Compensation
Stephanie Himel-Nelson
President
$0
Brian Faulkner
Vice President
$0
Brandi Hatch
Treasurer
$0
Deborah Stewart
Secretary
$0
Stephen J Bialorucki
Head Coach
$127,229
Megan Fary
Officer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$314,919
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,354
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$318,273
Total Program Service Revenue$0
Investment income $14,375
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 $277,013
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $627,144

Peer Organizations

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