Overview
What is Cohasset Swimming & Recreational Trust?
Cohasset Swimming & Recreational Trust is a community-focused nonprofit organization situated in Cohasset, Massachusetts. With a workforce of 30 employees, their primary mission is to offer a communal swimming pool for local families and individuals. Beyond just providing a swimming facility, they also offer swimming instruction and competitions, promoting aquatic skills and enjoyment within the community. The trust's goal is to enhance leisure and recreational opportunities for Cohasset residents, fostering a sense of camaraderie and wellness.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The Cohasset Swimming & Recreational Trust has a decent accountability and finance score, reflecting solid management in key areas such as board independence and asset management. The organization has a high program expense ratio of 98.51%, indicating a significant portion of funds is allocated directly to programs, which is a positive sign for program effectiveness.
However, the Trust faces some limitations that have impacted its overall rating. Notably, the absence of several key policies, including a conflict of interest policy, whistleblower policy, and document retention and destruction policy, raises concerns regarding governance practices. Additionally, the Trust does not list its website on its tax form, which may hinder transparency efforts.
Overall, while the Cohasset Swimming & Recreational Trust demonstrates strengths in financial allocation and board independence, it must address its policy shortcomings and improve transparency to enhance its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Cohasset Swimming & Recreational Trust legitimate?
Cohasset Swimming & Recreational Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cohasset Swimming & Recreational Trust 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: $73,193
For more financial information, click here
What is the mission statement of Cohasset Swimming & Recreational Trust?
The Cohasset Swimming & Recreational Trust is committed to serving the community by offering and maintaining a swimming pool. This facility is intended for the use of local families and individuals. In addition to the pool, the trust also provides swimming instruction and competitive opportunities. Their primary goal is to provide a community swimming space that caters to various swimming needs.
Who is the CEO of Cohasset Swimming & Recreational Trust?
Diana Karcher is the President of Cohasset Swimming & Recreational Trust.
What is the revenue of Cohasset Swimming & Recreational Trust?
Cohasset Swimming & Recreational Trust's revenue in 2022 was $478,377.
Who are the executives of Cohasset Swimming & Recreational Trust and what are their salaries?
The average compensation at Cohasset Swimming & Recreational Trust during 2022 was $2,440. There are 30 employees and 8 volunteers at Cohasset Swimming & Recreational Trust.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Cohasset Swimming & Recreational Trust?
Cohasset Swimming & Recreational Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cohasset Swimming & Recreational Trust
The Cohasset Swimming & Recreational Trust is committed to serving the community by providing and maintaining a swimming pool. This nonprofit organization extends its offerings beyond just a swimming facility, also providing swimming instruction and competitive opportunities for the benefit of Cohasset families and individuals. In essence, the Cohasset Swimming & Recreational Trust aims to cater to the swimming needs of its community members, offering both instructional services and a venue for competition.
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Impact
July, 2024
Cohasset Swimming & Recreational Trust plays a crucial role in the Cohasset community by providing and maintaining a community swimming pool for families and individuals. Its activities include offering swimming instruction and competition, contributing to the physical and social well-being of residents. By offering these services, the trust enhances the quality of life in Cohasset and promotes healthy lifestyles through recreational activities.
This information is meant to be a general summary of Cohasset Swimming & Recreational Trust. 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: $2,730
- Program Service Revenue: $41,404
- Gross Receipts: $494,786
Assets and Liabilities:
- Total Assets: $1,354,589
- Total Liabilities: $496,501
- Net Assets: $858,088
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Lifeguard Certification
Revenue
$2,925
Snack Shack
Revenue
$4,342
Swimming Lessons
Revenue
$28,437
Water Aerobics
Revenue
$5,700
Organization Details
Founding Year
1973
Phone
(781) 383-6070Principal Officer
Diana Karcher
Main Address
Mike Kearney 152 King Street Rt 3A, Cohasset, MA, 02025
NTEE Category
Code: N67Z - Recreation
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