New Jersey Swimming Inc

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

EIN: 311012857 ✦ Wall, NJ ✦ Designated as a 501(c)(3)

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Overview

What is New Jersey Swimming Inc?

New Jersey Swimming Inc, located at 1933 ROUTE 35 PMB 349 105, Wall, New Jersey, is a small-scale nonprofit organization dedicated to the growth and advancement of swimming. With a mission to foster leadership and excellence, it serves as a platform for swimmers to pursue their aspirations and progress to higher levels. The organization offers support and partial financial assistance to its members, enabling them to participate in Olympic, national, and sectional meets under specific conditions. Its main objective is to encourage sportsmanship and leadership within the swimming community.


Official website here: www.njswim.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star rating.

New Jersey Swimming Inc has received a solid rating of 83% from Charity Navigator, indicating a strong performance primarily in accountability and finance. The organization has scored high on several key metrics, including a perfect score for having a majority of independent board members and no material diversion of assets. However, it faced some limitations due to missing policies concerning whistleblowing and document retention.

The organization shows commendable financial stewardship with a program expense ratio of 94.41%, suggesting that a significant portion of its funds is directed toward its programs and mission. This efficiency in spending reflects positively on its commitment to fulfilling its objectives and supporting the community effectively.

Despite the overall positive assessment, the absence of essential policies such as a whistleblower and document retention policy could raise some concerns regarding governance practices. Addressing these areas could enhance transparency and trust in the organization’s operations.


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

Is New Jersey Swimming Inc legitimate?

New Jersey Swimming Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Jersey Swimming 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: $70,786
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.njswim.org

What is the mission statement of New Jersey Swimming Inc?

New Jersey Swimming Inc's mission is centered around the development of swimming as a sport. They strive to achieve this through leadership and excellence, providing a platform for swimmers to pursue their goals and aim for higher levels. The organization encourages the cultivation of sportsmanship and leadership among its members. In addition, they offer support and partial assistance to club members who meet the organization's requirements, enabling them to participate in Olympic, national, and sectional meets.


Official website here: www.njswim.org

Who is the CEO of New Jersey Swimming Inc?

Nicole Cicalo-Decaro is the General Chair of New Jersey Swimming Inc.


Official website here: www.njswim.org

What is the revenue of New Jersey Swimming Inc?

New Jersey Swimming Inc's revenue in 2022 was $644,875.


Official website here: www.njswim.org

Who are the executives of New Jersey Swimming Inc and what are their salaries?

The average compensation at New Jersey Swimming Inc during 2022 was $70,786. There is 1 employee and 200 volunteers at New Jersey Swimming Inc.


Here are 8 key members and their salaries:


Tristan Formon (General Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Speedling (Admin V. Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Cicalo-Decaro (Age V. Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David White (Senior V. Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Lobianco (Finance Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duele Stephens (De&I)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Harse (S .Coach Rep)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corrina Weinkovsky (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.njswim.org

Where can I find the form 990 for New Jersey Swimming Inc?

New Jersey Swimming Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.njswim.org

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

Mission Statement of New Jersey Swimming Inc

New Jersey Swimming Inc, a renowned organization, is dedicated to fostering the development of swimming as a sport through leadership and excellence. Their mission is multifaceted, encompassing three main objectives. Firstly, they aim to provide a platform for all swimmers, encouraging them to strive towards achieving their personal goals and progressing to higher levels in the sport. Secondly, New Jersey Swimming Inc encourages the nurturing of sportsmanship and leadership among its members, instilling values that extend beyond the swimming pool. Ultimately, the organization's mission is to promote an environment that nurtures growth and development in the sport of swimming.

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Impact




July, 2024

New Jersey Swimming Inc has a significant impact on the development of swimming in the community by fostering leadership, excellence, and sportsmanship among swimmers. The organization provides a platform for swimmers to achieve their goals and advance to higher levels of competition. Additionally, New Jersey Swimming Inc offers support and partial assistance to club members to participate in prestigious meets such as the Olympics, Nationals, and Sectionals, provided the athletes meet the organization's requirements. Through its programs and initiatives, New Jersey Swimming Inc plays a vital role in nurturing talented swimmers and promoting the values of sportsmanship and leadership within the sport.




This information is meant to be a general summary of New Jersey Swimming 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
$644,875 (2022)
Expenses
$806,784 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,288
  • Program Service Revenue: $51,489
  • Gross Receipts: $644,875

Assets and Liabilities:

  • Total Assets: $707,363
  • Total Liabilities: $159,893
  • Net Assets: $547,470

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Programs

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

SWIM MEETS / CONFERENCES

Revenue

$51,489

Organization Details

Founding Year

1981

Principal Officer

Nicole Cicalo-Decaro

Main Address

1933 ROUTE 35 PMB 349 105, WALL, NJ, 07719

NTEE Category

Code: N67 - Recreation

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