Lake Oswego Swim Club

Organization Overview

Lake Oswego Swim Club is located in Lake Oswego, OR. The organization was established in 1986. 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 12/2022, Lake Oswego Swim Club employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Oswego Swim Club 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 12/2022, Lake Oswego Swim Club generated $781.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $859.2k during the year ending 12/2022. While expenses have increased by 9.3% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

LAKE OSWEGO SWIM CLUB (LOSC) IS A NATIONALLY RECOGNIZED, COMPETITIVE SWIM PROGRAM PROVIDING SWIMMERS THE OPPORTUNITY TO ACHIEVE THEIR HIGHEST POTENTIAL. LOSC PROMOTES THE PHYSICAL FITNESS AND CHARACTER BUILDING THROUGH INDIVIDUAL GROWTH IN AN INCLUSIVE, FLEXIBLE TEAM ENVIRONMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LAKE OSWEGO SWIM CLUB (LOSC) IS A NATIONALLY RECOGNIZED, COMPETITIVE SWIM PROGRAM THAT PROVIDES SWIMMERS THE OPPORTUNITY TO ACHIEVE THEIR HIGHEST POTENTIAL AS BOTH A PERSON AND AN ATHLETE. LOSC AIMS TO SERVE SWIMMERS THROUGHOUT THEIR YOUTH SWIMMING CAREER. FOR NOVICE SWIMMERS, WHO ARE NOT READY FOR THE RIGORS OF COMPETITION , LOSC PROVIDES A SWIMMING FUNDAMENTALS TRAINING DESIGNED TO TEACH BEGINNERS HOW TO SAFELY ENJOY THE WATER AND TO PREPARE THEM TO PARTICIPATE IN COMPETITIVE SWIMMING. IN 2022, LOSC TRAINED AN AVERAGE OF 290 SWIMMERS EACH MONTH, FROM 6 YEAR -OLD NOVICE SWIMMERS TO COMPETITIVE HIGH SCHOOL SWIMMERS. THERE WERE APPROXIMATELY 90 ATHLETES AGE 10 AND UNDER, APPROXIMATELY 100 ATHLETES AGE 11-14, AND 100 HIGH SCHOOL ATHLETES. LOSC ATHLETES WERE REPRESENTED AT SWIM MEETS OF ALL LEVELS ACROSS THE COUNTRY STATE, REGIONAL AND NATIONAL CHAMPIONSHIP MEETS.


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Board, Officers & Key Employees

Name (title)Compensation
Emily Melina
Head Coach
$134,400
Lonnie Sexton
Accounts Payable
$0
Vacant Position
Communications
$0
Matt Wroblewski
Swim Meet Director
$0
Sunny Burden
Ways And Means
$0
Emily Yip
Treasurer
$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$25,337
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$25,337
Total Program Service Revenue$757,168
Investment income $615
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$1,506
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $781,614

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