Walden Glen Swim Club Incorporated
- Assets
- $117.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, VA
- Founding
- 01/1971
- Data as of
- 12/2022
- EIN
- 54-0882431
Organization Overview
Walden Glen Swim Club Incorporated is located in Springfield, VA. The organization was established in 1971. 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. Walden Glen Swim Club Incorporated is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Walden Glen Swim Club Incorporated generated $127.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $177.0k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
OPERATION OF NEIGHBORHOOD SWIMMING POOL AND TENNIS FACILITY IN SPRINGFIELD VIRGINIA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Thamasett President | 4 | $0 | |
Mark Searight Vice President | 4 | $0 | |
Elizabeth Nelson Secretary | 4 | $0 | |
Dan L Shearer Treasurer | 4 | $0 | |
Damask Petrick Dive Team Director | 1 | $0 | |
Jeff Geiger Operations Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $108,255 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $18,942 |
| Total Revenue | $127,210 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $73,063 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $528 |
| Other expenses | $103,396 |
| Total expenses | $176,987 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,392 |
| Other assets | $0 |
| Total assets | $117,892 |
| Total liabilities | $78,904 |
| Net assets or fund balances | $38,988 |