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Jersey Wahoos Swim Club Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222004362 ✦ Mount laurel, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Jersey Wahoos Swim Club Inc?

Jersey Wahoos Swim Club Inc, based in Mount Laurel, New Jersey, is a nonprofit organization dedicated to fostering swimming skills among both recreational and competitive members. The club welcomes individuals across various age groups, offering organized swim practices, team meets, and even swimming lessons taught by experienced coaches and instructors. With a team of 32 employees, Jersey Wahoos Swim Club Inc strives to cultivate a love for swimming and promote swimming abilities within its community.


Official website here: www.jerseywahoos.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Jersey Wahoos Swim Club Inc has received a two-star rating from Charity Navigator, indicating that there are several areas for improvement within the organization. The overall score of 69% reflects strong program expense management at 86.74%, suggesting that the majority of their resources are directed towards their mission. However, the lack of financial statements and key governance policies, such as a whistleblower policy and a conflict of interest policy, significantly detracts from their accountability and transparency.

The organization shows promising governance indicators, with 88% of board members being independent and documented meeting minutes available. This independence suggests a commitment to ethical oversight. Nevertheless, the absence of financial disclosures and essential policies raises concerns about their operational practices, which could hinder trust among stakeholders.

In conclusion, while Jersey Wahoos Swim Club Inc demonstrates effective program spending and strong governance in terms of board independence, the notable gaps in financial reporting and governance policies indicate a need for improvement to enhance overall accountability and transparency. Addressing these issues could help elevate their rating and foster greater confidence among supporters and the community.


This AI summary has been generated from information found on Charity Navigator.

Is Jersey Wahoos Swim Club Inc legitimate?

Jersey Wahoos Swim Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jersey Wahoos 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: $159,380
Professional Fundraising Fees: $0
Other Salaries and Wages: $380,335

For more financial information, click here


Official website here: www.jerseywahoos.org

What is the mission statement of Jersey Wahoos Swim Club Inc?

Jersey Wahoos Swim Club Inc's mission is centered around teaching and promoting swimming. This mission extends to both recreational and competitive swimmers. The club encourages its members to participate in organized swimming activities, team practices, and meets. Additionally, swimming lessons are offered to members of various age groups by experienced coaches and instructors. The primary goal of Jersey Wahoos Swim Club Inc is to foster a love for swimming and develop swimming skills among its members.


Official website here: www.jerseywahoos.org

Who is the CEO of Jersey Wahoos Swim Club Inc?

Bj Kraemer is the Executive Director of Jersey Wahoos Swim Club Inc.


Official website here: www.jerseywahoos.org

What is the revenue of Jersey Wahoos Swim Club Inc?

Jersey Wahoos Swim Club Inc's revenue in 2022 was $2,096,767.


Official website here: www.jerseywahoos.org

Who are the executives of Jersey Wahoos Swim Club Inc and what are their salaries?

The average compensation at Jersey Wahoos Swim Club Inc during 2022 was $16,866. There are 32 employees and 150 volunteers at Jersey Wahoos Swim Club Inc.


Here are 9 key members and their salaries:


Paul Donovan (Executive Director)
  • Compensation: $129,877
  • Related: $0
  • Other: $0
Bj Kraemer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Behm (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brendon Renouf (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Derivaux (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Horvath (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Anderson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Stellwag (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noah Rachlin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jerseywahoos.org

Where can I find the form 990 for Jersey Wahoos Swim Club Inc?

Jersey Wahoos Swim Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.jerseywahoos.org

Learn more at the official website: www.jerseywahoos.org

Mission Statement of Jersey Wahoos Swim Club Inc

Jersey Wahoos Swim Club Inc is committed to fostering a love for swimming among both recreational and competitive swimmers. Their primary mission is to educate and encourage swimming skills, serving as a platform for both leisure and competitive swimming activities. The club offers organized swim sessions, team practices, and home as well as away swim meets for its swim team members. In addition to these competitive events, Jersey Wahoos Swim Club Inc also provides swimming lessons for swimmers of various age groups, instructed by both coaches and qualified instructors. By offering these comprehensive swimming programs, the club aims to promote swimming as a valuable skill and pastime for its members.

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Impact




October, 2024

Jersey Wahoos Swim Club Inc plays a vital role in promoting swimming within the Mount Laurel community by providing structured opportunities for both recreational and competitive swimmers. Through organized practices and swim meets, the club fosters a strong sense of teamwork and discipline among its members.

Members benefit from dedicated coaching and instruction, designed to enhance their skills regardless of age or experience level. This inclusive approach not only teaches essential swimming techniques but also boosts participants' confidence in the water. The club’s activities encourage physical fitness, a healthy lifestyle, and social interaction, creating a supportive environment where swimmers can develop lasting friendships.

By engaging the community through swimming lessons and team activities, the Jersey Wahoos actively contribute to the overall wellbeing of their members while instilling a love for the sport of swimming.




This information is meant to be a general summary of Jersey Wahoos 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.

Revenue
$2,096,767 (2022)
Expenses
$1,492,889 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $752,291
  • Program Service Revenue: $1,283,271
  • Gross Receipts: $2,116,282

Assets and Liabilities:

  • Total Assets: $1,987,232
  • Total Liabilities: $613,920
  • Net Assets: $1,373,312

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP FEES

Revenue

$857,198

SWIMMING LESSONS

Revenue

$388,763

LIFE SAVING INSTRUCTION

Revenue

$37,310

Organization Details

Founding Year

1973

Principal Officer

Bj Kraemer

Main Address

4101 CHURCH ROAD, MOUNT LAUREL, NJ, 08054

NTEE Category

Code: N66 - Recreation

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