Virginia Vale Swim Club
- Assets
- $1.4m
- Revenue
- $694.8k
- Investments
- $0.0
- Employees
- 70
- Location
- Denver, CO
- Founding
- 01/1964
- Data as of
- 09/2023
- EIN
- 84-0466629
Organization Overview
Virginia Vale Swim Club is located in Denver, CO. The organization was established in 1964. 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. As of 09/2023, Virginia Vale Swim Club employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Vale Swim Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2023, Virginia Vale Swim Club generated $694.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $640.4k during the year ending 09/2023. While expenses have increased by 4.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SWIMMING AND RELATED RECREATIONAL FACILITIES FOR CLUB MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FACILITIES ARE AVAILABLE FOR APPROXIMATELY 375 MEMBER FAMILIES.
ALL OPERATIONS
SWIM TEAMS
SOCIAL EVENTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris West President | OfficerTrustee | 5 | $0 |
Viki Manley Treasurer | OfficerTrustee | 5 | $0 |
Debbie Fimple Secretary | OfficerTrustee | 5 | $0 |
Josh Batchelder VP & Members | OfficerTrustee | 5 | $0 |
Kevin Flaherty Grounds | Trustee | 5 | $0 |
Kari Campbell Social | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $693,960 |
| Investment income | $320 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $508 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $694,788 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $249,958 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,080 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,773 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $20,873 |
| Information technology | $7,842 |
| Royalties | $0 |
| Occupancy | $100,972 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $381 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $101,088 |
| Insurance | $19,169 |
| All other expenses | $6,775 |
| Total functional expenses | $640,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $203,994 |
| Savings and temporary cash investments | $150,399 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,930 |
| Net Land, buildings, and equipment | $1,036,578 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,401,901 |
| Accounts payable and accrued expenses | $4,443 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $31,183 |
| Total liabilities | $35,626 |
| Net assets without donor restrictions | $1,366,275 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,401,901 |