Overview
What is Crestwood Swim Club?
The Crestwood Swim Club is a nonprofit organization located in Dayton, Ohio. During the summer months, it offers a swim club experience to families, serving as a refreshing and enjoyable community space. The club also supports a swim team, contributing to their activities and development. The club's mission revolves around providing a recreational and engaging environment for families and supporting the growth of the corresponding swim team.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
Crestwood Swim Club has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and transparency in its financial practices. The score is predominantly derived from a single beacon score focused on Accountability & Finance. The organization demonstrates strong governance with 100% independent board members and has no material diversion of assets, which positively contributes to its overall rating.
The club excels in its program expense ratio, allocating 98.95% of its funding directly to programmatic activities. This suggests a strong commitment to its mission and effective use of resources. Additionally, the club's liabilities to assets ratio is notably low at -0.31%, indicating sound financial health.
However, the overall rating remains at a moderate level due to the lack of additional metrics that would provide a more comprehensive view of its performance. While the accountability measures are commendable, there may be areas for improvement in other operational aspects that could enhance the club's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Crestwood Swim Club legitimate?
Crestwood Swim Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crestwood 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: $75,115
For more financial information, click here
What is the mission statement of Crestwood Swim Club?
The Crestwood Swim Club's mission is centered around providing a summer swim club for families and supporting the corresponding swim team. The club serves as a platform for the swim team, offering its support throughout the team's activities. The club's mission does not specifically focus on research or advocacy like other organizations, but rather on creating a summer swimming environment and supporting the swim team. During the summer months, families can enjoy the club's facilities, and the swim team benefits from the club's support. The club's involvement with the swim team is instrumental in fostering a swimming community and providing opportunities for swimmers.
Who is the CEO of Crestwood Swim Club?
Carlos Tramontana is the President of Crestwood Swim Club.
What is the revenue of Crestwood Swim Club?
Crestwood Swim Club's revenue in 2022 was $198,341.
Who are the executives of Crestwood Swim Club and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $8,000
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Where can I find the form 990 for Crestwood Swim Club?
Crestwood Swim Club's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Crestwood Swim Club
Crestwood Swim Club is committed to providing a summer sanctuary for families, serving as their swimming club during the warmer months. Beyond this, the organization extends its support to a corresponding swim team. The Swim Club's mission is to foster a community environment where families can enjoy their summer days together, while simultaneously promoting the development and growth of the swim team. The Swim Club plays a significant role in nurturing the swim team, providing the necessary backing that enables it to thrive.
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Impact
October, 2024
Crestwood Swim Club significantly enhances community life in Dayton, OH, by offering a welcoming environment for families to engage in recreational swimming during the summer months. The club serves as a hub for social interaction, fostering connections among community members while promoting a healthy lifestyle through aquatic activities.
In addition to providing a space for leisure and relaxation, Crestwood Swim Club plays a vital role in supporting the local swim team. This encouragement helps young athletes develop their skills, instilling values of teamwork, discipline, and perseverance. The swim team's presence not only enhances the club's offerings but also helps cultivate a sense of pride and accomplishment among participants.
Through its commitment to family engagement and youth sports, Crestwood Swim Club contributes to the overall well-being of the community, supporting both physical health and social cohesion.
This information is meant to be a general summary of Crestwood 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $50,220
- Gross Receipts: $198,341
Assets and Liabilities:
- Total Assets: $128,961
- Total Liabilities: $2,419
- Net Assets: $126,542
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GUEST FEES
Revenue
$11,973
SWIM TEAM
Revenue
$12,034
SWIM LESSONS
Revenue
$580
CONCESSION STAND
Revenue
$24,694
SPECIAL EVENT
Revenue
$939
Organization Details
Founding Year
1957
Principal Officer
Carlos Tramontana
Main Address
P O BOX 292163, DAYTON, OH, 45429
NTEE Category
Code: P28 - Human services
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