Lucerne Lakes North Swim Club Inc
- Assets
- $73.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Worth, FL
- Founding
- 06/1982
- Data as of
- 12/2021
- EIN
- 59-2052124
Organization Overview
Lucerne Lakes North Swim Club Inc is located in Lake Worth, FL. The organization was established in 1982. 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. Lucerne Lakes North 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 12/2021, Lucerne Lakes North Swim Club Inc generated $53.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $58.0k during the year ending 12/2021. While expenses have increased by 3.3% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
MANTAIN ASSOCIATION SWIM CLUB
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Yost Vice President | 10 | $0 | |
Devin Valdes President | 5 | $0 | |
Randall Gauss Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $53,685 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,688 |
| 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 | $550 |
| Occupancy, rent, utilities, and maintenance | $16,465 |
| Printing, publications, postage, and shipping | $254 |
| Other expenses | $40,722 |
| Total expenses | $57,991 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,393 |
| Other assets | $0 |
| Total assets | $73,393 |
| Total liabilities | $0 |
| Net assets or fund balances | $73,393 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Masters Swimming Inc Sarasota, FL | $7,327,632 | $3,454,621 |
Usa Water Ski & Wake Sports Inc Auburndale, FL | $1,442,821 | $1,825,367 |
Usa Swimming Inc Minneola, FL | $982,345 | $1,492,508 |
Sarasota Crew Inc Osprey, FL | $3,089,613 | $2,511,291 |
Water Sports Foundation Inc Orlando, FL | $355,212 | $1,138,831 |
Huntsville Swim Association Huntsville, AL | $601,008 | $1,169,266 |
Sarasota Sharks Incorporated Sarasota, FL | $1,254,329 | $1,187,905 |
Athens Bulldog Swim Club Inc Hull, GA | $405,540 | $725,242 |
Palm Beach Sailing Club Inc West Palm Beach, FL | $1,088,323 | $782,714 |
Coconut Grove Sailing Club Instructional Center Inc Miami, FL | $284,549 | $710,117 |
Sarasota Sailing Squadron Inc Sarasota, FL | $2,108,235 | $790,673 |
The Chastain Park Athletic Club Inc Atlanta, GA | $522,043 | $805,650 |