Welcome Swim Club Inc
- Assets
- $18.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Welcome, NC
- Founding
- 08/1991
- Data as of
- 12/2022
- EIN
- 56-0849180
Organization Overview
Welcome Swim Club Inc is located in Welcome, NC. The organization was established in 1991. 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. Welcome Swim Club Inc 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, Welcome Swim Club Inc generated $70.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $68.0k during the year ending 12/2022. While expenses have increased by 2.5% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SOCIAL CLUB PROVIDED SOCIAL, HEALTH AND RECREATIONAL BENEFITS TO 154 MEMBERS AND THEIR FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Smith President | 2 | $0 | |
Allison Byrd Treasurer | 2 | $0 | |
Melissa Black Secretary | 2 | $0 | |
Christy Benson Director | 1 | $0 | |
Elizabeth Como Director | 1 | $0 | |
Devon Derrow Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,849 |
| Membership dues | $57,287 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $600 |
| Other Revenue | $1,418 |
| Total Revenue | $70,485 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,018 |
| Professional fees and other payments to independent contractors | $550 |
| Occupancy, rent, utilities, and maintenance | $30,396 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,027 |
| Total expenses | $67,991 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,904 |
| Other assets | $0 |
| Total assets | $18,039 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,039 |