Teaneck 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: 222138641 ✦ Teaneck, NJ ✦ Designated as a 501(c)(4)

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Overview

What is Teaneck Swim Club Inc?

Teaneck Swim Club Inc, located in Teaneck, New Jersey, serves as a nonprofit organization that primarily relies on annual membership dues for its operation. Its primary mission is to make swimming facilities accessible to the local residents of Teaneck, catering to around 850 families on a cooperative basis. The organization provides a platform for recreational activities, contributing to the community's leisure and enjoyment. With a modest workforce of 23 individuals, Teaneck Swim Club Inc continues to operate, providing a valuable service to the residents of the area.


Official website here: www.teaneckswimclub.com

What do the Facebook reviews say about Teaneck Swim Club Inc?

86% of 14 reviewers on Facebook recommend the Teaneck Swim Club Inc. Here is a summary of their reviews: Many patrons appreciate the club for its affordability, cleanliness, and safety, noting it as a great place for families and individuals alike to enjoy during the summer months.

Long-time members share positive experiences, highlighting that the club has consistently provided a fun and welcoming environment over the years. The longevity of some reviewers’ involvement—over three decades—underscores the value and reliability they find in the club.

Overall, it appears that the Teaneck Swim Club Inc delivers a solid experience for its members, creating a community atmosphere that keeps people coming back year after year.


This AI summary has been generated from reviews found on Facebook.

Is Teaneck Swim Club Inc legitimate?

Teaneck Swim Club Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Teaneck 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: $159,036

For more financial information, click here


Official website here: www.teaneckswimclub.com

What is the mission statement of Teaneck Swim Club Inc?

The Teaneck Swim Club Inc's mission is centered around making swimming facilities accessible to a large number of families, up to 850, within a cooperative framework. Their primary objective is to offer recreational facilities that cater to the leisure needs of the community. The club's income for operating the facility predominantly comes from annual membership dues. In essence, the club aims to provide a communal space for recreational swimming, benefiting numerous families within its operational capacity.


Official website here: www.teaneckswimclub.com

Who is the CEO of Teaneck Swim Club Inc?

Michael Downie is the President of Teaneck Swim Club Inc.


Official website here: www.teaneckswimclub.com

What is the revenue of Teaneck Swim Club Inc?

Teaneck Swim Club Inc's revenue in 2022 was $341,528.


Official website here: www.teaneckswimclub.com

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

The average compensation at Teaneck Swim Club Inc during 2022 was $6,915. There are 23 employees and 8 volunteers at Teaneck Swim Club Inc.


Here are 8 key members and their salaries:


Michael Downie (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Kaplan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Sacks (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derrick Burr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Fishman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Obut (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Shiber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Feuerstein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.teaneckswimclub.com

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

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


Official website here: www.teaneckswimclub.com

Learn more at the official website: www.teaneckswimclub.com

Mission Statement of Teaneck Swim Club Inc

The Teaneck Swim Club Inc is committed to making swimming facilities accessible to all residents of a specific area, accommodating up to 850 families. Their mission is to provide recreational facilities on a cooperative basis, ensuring that community members have the opportunity to enjoy these facilities. The club relies primarily on annual membership dues to fund its operations, demonstrating its dedication to serving its members and the community at large.

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Impact




October, 2024

Teaneck Swim Club Inc significantly enhances the community by providing access to swimming facilities for residents of Teaneck on a cooperative basis. By serving up to 850 families, it fosters an inclusive environment that promotes recreational activities, social interaction, and community building. The club's operations are primarily funded through annual membership dues, ensuring that the facility remains sustainable and accessible. This initiative not only encourages a healthy and active lifestyle among local families but also creates a welcoming space where community members can connect and enjoy outdoor activities. Overall, Teaneck Swim Club Inc plays a vital role in enriching the quality of life in the community through its recreational offerings.




This information is meant to be a general summary of Teaneck 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
$341,528 (2022)
Expenses
$416,632 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $332
  • Program Service Revenue: $336,914
  • Gross Receipts: $341,528

Assets and Liabilities:

  • Total Assets: $483,743
  • Total Liabilities: $44,800
  • Net Assets: $438,943

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Programs

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

MEMBERSHIP DUES

Revenue

$96,831

ADMISSION FEES

Revenue

$212,743

GUEST FEES

Revenue

$23,615

LATE FEES

Revenue

$3,725

Organization Details

Founding Year

1977

Principal Officer

Michael Downie

Main Address

PO BOX 148, TEANECK, NJ, 07666

NTEE Category

Code: N67 - Recreation

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