Swansea Velo Club Inc
- Assets
- $7.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Swansea, MA
- Founding
- 12/2017
- Data as of
- 01/2024
- EIN
- 81-5476708
Organization Overview
Swansea Velo Club Inc is located in Swansea, MA. The organization was established in 2017. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Swansea Velo Club Inc 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 01/2024, Swansea Velo Club Inc generated $16.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $18.0k during the year ending 01/2024. While expenses have increased by 4.6% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Delcolle Presidenttreasurer | 6 | $0 | |
Robert Polakowski Vice President | 1 | $0 | |
Matthew Burke Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,500 |
| Total Program Service Revenue | $10,597 |
| Membership dues | $825 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,922 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $16,759 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $825 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $433 |
| Total expenses | $18,017 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,872 |
| Other assets | $0 |
| Total assets | $7,747 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,747 |