S S Swim And Racquet Club Incorporated is located in Chapel Hill, NC. The organization was established in 1987. 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. S S Swim And Racquet 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 12/2023, S S Swim And Racquet Club Incorporated generated $124.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $126.9k during the year ending 12/2023. While expenses have increased by 12.6% per year over the past 6 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDES FACILITIES FOR SWIMMING, TENNIS, CROQUET, BASKETBALL AND PLAYGROUND. SERVICES SUCH AS SUMMER DAY CAMPS, SWIM LESSONS, AND SWIM COMPETITIONS ARE ALSO PROVIDED
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cindy Rogers Director | 1 | $0 | |
Nilay Patel Director | 1 | $0 | |
Bruce Edwards Director | 1 | $0 | |
Suzanne Maman President | 2 | $0 | |
Katharine Therber Club Manager | 30 | $24,122 | |
Kelly Crane Treasurer Till Mid-Year | 1.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $18,986 |
Membership dues | $103,046 |
Investment income | $1,204 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $968 |
Total Revenue | $124,204 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $27,620 |
Professional fees and other payments to independent contractors | $60,837 |
Occupancy, rent, utilities, and maintenance | $14,959 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $23,505 |
Total expenses | $126,921 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $110,995 |
Other assets | $0 |
Total assets | $128,640 |
Total liabilities | $0 |
Net assets or fund balances | $128,640 |