Overview
What is Three Village Swim Club Inc?
Three Village Swim Club Inc, situated in East Setauket, New York, functions as a nonprofit organization, primarily focusing on swimming instruction, education, and competition participation. This esteemed club has a notable track record of sending its swimmers to Junior and Senior Nationals, as well as the Olympic Swimming Trials. These competitions serve as the highest level of national swimming events in the United States. The club's accomplishments include holding Junior and Senior National records, achieving finalist and qualifier status, and establishing national age group records. Moreover, the club has produced New York State High School Swimming State Champions and New York Metropolitan Swimming Record Holders.
Official website here: www.tvsc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 51%, One-Star out of Four Stars
Three Village Swim Club Inc has received a low rating of 51%, which highlights significant concerns in its accountability and financial management practices. The one-star rating indicates that the organization does not meet many of the expected standards for transparency and governance, with no independent board members and various missing policies that are crucial for ethical operations.
The organization's financial management shows some strengths, such as a high program expense ratio of 95.90%, suggesting that the majority of its funding is directed towards its programs. However, the absence of independent board oversight and the lack of key policies, such as those addressing conflicts of interest and whistleblower protections, raise serious questions about its governance.
Overall, while Three Village Swim Club Inc demonstrates a commitment to its programming, the lack of accountability measures and transparency could hinder its effectiveness and public trust. Stakeholders may want to consider these factors when engaging with or supporting the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Three Village Swim Club Inc legitimate?
Three Village Swim Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Three Village Swim Club Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.tvsc.org
What is the mission statement of Three Village Swim Club Inc?
Three Village Swim Club Inc's primary focus is on providing swimming instruction, education, and opportunities for competitive participation in swim meets. The club has a history of success, with their swimmers frequently qualifying for Junior and Senior Nationals, as well as the Olympic Swimming Trials, which are renowned as the highest level of national swimming competitions in the United States. The club's achievements include holding various Junior and Senior National records, as well as New York State High School Swimming State Championships and New York Metropolitan Swimming Records. The mission of Three Village Swim Club Inc is to foster the development of swimmers at all levels, encouraging their growth and success in the sport.
Official website here: www.tvsc.org
Who is the CEO of Three Village Swim Club Inc?
Ray Sommerstad is the President of Three Village Swim Club Inc.
Official website here: www.tvsc.org
What is the revenue of Three Village Swim Club Inc?
Three Village Swim Club Inc's revenue in 2022 was $711,225.
Official website here: www.tvsc.org
Who are the executives of Three Village Swim Club Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.tvsc.org
Where can I find the form 990 for Three Village Swim Club Inc?
Three Village Swim Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tvsc.org
Learn more at the official website: www.tvsc.org
Mission Statement of Three Village Swim Club Inc
Three Village Swim Club Inc, a renowned organization, is dedicated to providing swimming instruction, fostering education, and facilitating meet participation. This nonprofit has made significant strides in the realm of competitive swimming, with its swimmers consistently excelling in Junior and Senior Nationals, as well as the Olympic Swimming Trials. These events represent the pinnacle of national swimming competitions in the United States. The Club's achievements are not limited to these high-level competitions. They have also produced Junior and Senior National record holders, finalists, and qualifiers. Moreover, Three Village Swim Club Inc holds national age group records and boasts New York State High School Swimming State Champions, further cementing its reputation in the swimming world. The Club's swimmers also hold New York Metropolitan Swimming Records, demonstrating their consistent excellence in the sport. In summary, Three Village Swim Club Inc's mission is to nurture swimmers, equip them with the necessary skills, and provide them with opportunities to showcase their talents at the highest level of national swimming competitions.
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Impact
July, 2024
Three Village Swim Club Inc has had a significant impact on the swimming community, producing accomplished swimmers who have excelled at both the national and state levels. The club's mission to provide swimming instruction, education, and meet participation has resulted in sending swimmers to prestigious competitions such as Junior and Senior Nationals and Olympic Swimming Trials. Their achievements include producing Junior and Senior National record holders, finalists, and qualifiers, as well as setting national age group records. Additionally, their swimmers have become New York State High School Swimming State Champions and New York Metropolitan Swimming Record Holders. This highlights the club's commitment to fostering talent and promoting excellence in competitive swimming.
This information is meant to be a general summary of Three Village Swim Club Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $22
- Program Service Revenue: $711,203
- Gross Receipts: $711,225
Assets and Liabilities:
- Total Assets: $365,579
- Total Liabilities: $213,108
- Net Assets: $152,471
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Apparel, Suits & Equipmen
Revenue
$8,535
Scholarship
Special Event Incone
Revenue
$34,017
Swim Meet Fees
Revenue
$169,754
Tuition
Revenue
$498,897
Organization Details
Founding Year
1973
Principal Officer
Ray Sommerstad
Main Address
PO Box 224, East Setauket, NY, 11733
Website
www.tvsc.orgNTEE Category
Code: N67 - Recreation
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