Overview
What is Swiminc Inc?
Swiminc Inc, also known as Worthington Pools, is a nonprofit organization situated in Worthington, Ohio. With a workforce of 130 individuals, its primary mission is to offer swimming facilities for both instructional and recreational purposes within the community. Swiminc manages an outdoor complex comprising three heated pools, including slides and an infant pool, a splash pad, picnic shelter, concession stand, and ample surrounding deck and grass area. These facilities are accessible for a daily fee or through the purchase of a seasonal pass, catering to over 4,000 members and more than 10,000 individual admissions annually. Swiminc's presence significantly alleviates the City's financial burden by providing community recreational swimming facilities, as stated in Treas. Reg. 1.501(c)(3)-1(d).
Official website here: www.worthingtonpools.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
Swiminc Inc has received a Two-Star rating from Charity Navigator, primarily driven by its 73% score in the Accountability & Finance category. The organization demonstrates strong financial management, as evidenced by a high program expense ratio of 92%, indicating that a significant portion of its funds is directed toward its programs. Additionally, there are no issues regarding the material diversion of assets, which suggests responsible stewardship of resources.
However, the nonprofit faces notable limitations in governance and transparency. The board lacks independent members, and there are missing policies related to whistleblower protection and document retention. Furthermore, the nonprofit has not posted its tax form on its website, which raises concerns about accessibility and transparency with stakeholders.
Overall, while Swiminc Inc shows commendable financial health and program dedication, improvements in governance practices and policy implementation are necessary to enhance its accountability and earn a higher rating in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Swiminc Inc legitimate?
Swiminc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Swiminc 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: $146,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $636,653
For more financial information, click here
Official website here: www.worthingtonpools.com
What is the mission statement of Swiminc Inc?
Swiminc Inc's primary mission is centered around providing swimming facilities for the community, serving both instructional and recreational purposes. The organization strives to offer a range of aquatic amenities, including heated pools, slides, diving wells, and an infant pool, as well as a splash pad, picnic shelter, concession stand, and ample outdoor space. Swiminc operates these facilities, reducing the financial burden on the local government by providing a much-needed recreational outlet for residents. By offering daily admission fees and seasonal passes, Swiminc makes these facilities accessible to a substantial number of individuals, with over 4,000 members and 10,000 individual admissions recorded this year. The organization's contributions to the community have been recognized, with a resolution acknowledging Swiminc's significant role in lessening the financial responsibilities of the city by providing community recreational swimming facilities.
Official website here: www.worthingtonpools.com
Who is the CEO of Swiminc Inc?
Mike Keller is the President of Swiminc Inc.
Official website here: www.worthingtonpools.com
What is the revenue of Swiminc Inc?
Swiminc Inc's revenue in 2022 was $1,806,874.
Official website here: www.worthingtonpools.com
Who are the executives of Swiminc Inc and what are their salaries?
The average compensation at Swiminc Inc during 2022 was $6,022. There are 130 employees at Swiminc Inc.
Here are 16 key members and their salaries:
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Official website here: www.worthingtonpools.com
Where can I find the form 990 for Swiminc Inc?
Swiminc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.worthingtonpools.com
Learn more at the official website: www.worthingtonpools.com
Mission Statement of Swiminc Inc
Swiminc Inc, a nonprofit organization, is dedicated to serving the community by providing swimming facilities for both instructional and recreational purposes. Their mission is to create an environment where residents can enjoy the benefits of swimming, whether for leisure or skill development. Swiminc Inc manages outdoor complexes equipped with three heated pools, including a diving well, slides, and an infant pool. Additionally, the facilities feature a splash pad, picnic shelter, concession stand, and ample deck and grass area. Swiminc Inc offers these facilities for a daily admission fee or through the purchase of a seasonal pass, thereby reducing the pressure on the government to construct and maintain comparable recreational facilities for the community. Their commitment to providing recreational swimming facilities has been recognized by the City, as evidenced by Resolution No. 36-2001, which acknowledges Swiminc Inc's significant contributions in lessening the government's burdens.
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Impact
October, 2024
Swiminc Inc plays a crucial role in enhancing community wellness and recreation by providing accessible swimming facilities in Worthington, OH. With three heated pools, including attractions like slides and a toddler-friendly infant pool, Swiminc caters to various needs, from instructional programs to leisurely recreational activities. This vibrant outdoor complex fosters a safe and engaging environment for over 4,000 members, contributing to the overall well-being of the local population.
By offering these recreational swimming facilities, Swiminc alleviates the financial and operational burdens on the City and School District, ultimately enabling local government resources to be directed toward other critical community needs. With over 10,000 individual admissions in a single year, the organization ensures that residents have an affordable outlet for physical activity, social interaction, and community engagement, promoting a healthier lifestyle.
Furthermore, the presence of Swiminc’s facilities helps to meet the growing demand for recreational spaces, preventing the City from facing potential pressures to construct and maintain similar facilities. This service significantly enriches the quality of life for residents, solidifying Swiminc's impact as a vital asset in the community landscape.
This information is meant to be a general summary of Swiminc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $38
- Program Service Revenue: $940,131
- Gross Receipts: $1,806,874
Assets and Liabilities:
- Total Assets: $829,638
- Total Liabilities: $100,774
- Net Assets: $728,864
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
USA Competitive Swim Club
Revenue
$256,375
Pools, Shelter, Concessions Rentals
Revenue
$241,289
Lessons
Revenue
$281,284
Gate Admissions
Revenue
$127,320
Wave Summer Team
Revenue
$23,710
Organization Details
Founding Year
1953
Phone
(614) 885-1619Principal Officer
Mike Keller
Main Address
400 West Dublin Granville Road, Worthington, OH, 43085
Website
www.worthingtonpools.comNTEE Category
Code: N31 - Recreation
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