Karakung Swim Club

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

EIN: 231653999 ✦ Havertown, PA ✦ Designated as a 501(c)(7)

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Overview

What is Karakung Swim Club?

Karakung Swim Club is a membership-based community organization situated in Haverford Township, Pennsylvania. Established with the purpose of fostering recreation, athletics, and social interaction, the club offers a welcoming environment to its members without any form of discrimination. As a nonprofit entity, it operates to bring enjoyment and camaraderie to the local residents. With 58 dedicated employees, Karakung Swim Club aims to enrich the lives of its members through various activities, ensuring an inclusive and engaging experience.


Official website here: www.karakung.com

Is Karakung Swim Club legitimate?

Karakung Swim Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Karakung Swim Club 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: $110,500

For more financial information, click here


Official website here: www.karakung.com

What is the mission statement of Karakung Swim Club?

The Karakung Swim Club, functioning as a membership community organization, is dedicated to offering recreational, athletic, and social benefits to its members. Its primary mission is to provide a community swim club setting where members can engage in various activities, fostering an inclusive environment without any form of discrimination. The club aims to contribute positively to its members' overall well-being, promoting camaraderie and offering a platform for social interaction.


Official website here: www.karakung.com

Who is the CEO of Karakung Swim Club?

Christopher Bobbitt is the President of Karakung Swim Club.


Official website here: www.karakung.com

What is the revenue of Karakung Swim Club?

Karakung Swim Club's revenue in 2023 was $450,762.


Official website here: www.karakung.com

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

The average compensation at Karakung Swim Club during 2023 was $1,905. There are 58 employees at Karakung Swim Club.


Here are 14 key members and their salaries:


Christopher Bobbitt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Fingerut (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Hawthorne (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Heins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Krissinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennie Malick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steph Mccloskey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean O'Malley (First Vice P)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Petrillo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tori Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loren Stewart (Executive Vi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Trempe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.karakung.com

Where can I find the form 990 for Karakung Swim Club?

Karakung Swim Club's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.karakung.com

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

Mission Statement of Karakung Swim Club

Karakung Swim Club, as a membership community organization, is dedicated to providing recreational, athletic, and social benefits to the residents of Haverford Township, Pennsylvania. Its mission is to establish a community swim club that caters to the diverse needs and interests of its members, all without any form of discrimination. By offering a wide array of activities, Karakung Swim Club aims to foster a sense of camaraderie and promote an active lifestyle among its members.

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Impact




October, 2024

Karakung Swim Club significantly enriches the community of Haverford Township, Pennsylvania, by offering a welcoming space for recreational, athletic, and social engagement. The club serves as a vital hub for residents, fostering connections among members and promoting a sense of belonging. Through a variety of swimming-related activities and social events, it encourages physical fitness, teamwork, and community spirit without discrimination.

By providing accessible swim programs and recreational opportunities, Karakung Swim Club not only supports the health and well-being of its members but also helps to cultivate friendships and strengthen community ties. This inclusive environment allows individuals and families of all backgrounds to come together, share experiences, and create lasting memories. The impact of Karakung Swim Club goes beyond swimming; it plays an essential role in enhancing the quality of life for residents in Haverford Township.




This information is meant to be a general summary of Karakung Swim Club. 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
$450,762 (2023)
Expenses
$344,821 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $5,943
  • Program Service Revenue: $444,819
  • Gross Receipts: $450,762

Assets and Liabilities:

  • Total Assets: $1,556,735
  • Total Liabilities: $506,004
  • Net Assets: $1,050,731

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$444,819

Organization Details

Founding Year

1964

Principal Officer

Christopher Bobbitt

Main Address

PO BOX 812, HAVERTOWN, PA, 19083

NTEE Category

Code: N67 - Recreation

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