Potomac Swimming And Recreation Association Inc

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

EIN: 520781544 ✦ Potomac, MD ✦ Designated as a 501(c)(7)

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Overview

What is Potomac Swimming And Recreation Association Inc?

Potomac Swimming and Recreation Association Inc is a nonprofit organization situated in Potomac, Maryland. With a primary focus on promoting health, welfare, and enjoyment, they manage and maintain swimming and other recreational facilities for approximately 230 active member families and their guests. Their activities encompass swimming, diving, tennis, and social programs, all designed to cater to the benefit of their association members. The organization's mission is to operate a recreational facility, fostering an environment of enjoyment and well-being for its members and guests.


Official website here: www.potomacswimandtennis.com

Is Potomac Swimming And Recreation Association Inc legitimate?

Potomac Swimming And Recreation Association Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Potomac Swimming And Recreation Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.potomacswimandtennis.com

What is the mission statement of Potomac Swimming And Recreation Association Inc?

The Potomac Swimming and Recreation Association Inc. is established with the primary objective of operating and managing a recreational facility. This facility is designed to enhance the health, well-being, and enjoyment of its members and guests. The organization's mission is to maintain a swimming pool and other recreational amenities, providing opportunities for swimming, diving, tennis, and social events. These activities aim to cater to the benefits and pleasures of the association's member families and their guests.


Official website here: www.potomacswimandtennis.com

Who is the CEO of Potomac Swimming And Recreation Association Inc?

Edward Sears is the Principal Officer of Potomac Swimming And Recreation Association Inc.


Official website here: www.potomacswimandtennis.com

What is the revenue of Potomac Swimming And Recreation Association Inc?

Potomac Swimming And Recreation Association Inc's revenue in 2022 was $667,169.


Official website here: www.potomacswimandtennis.com

Who are the executives of Potomac Swimming And Recreation Association Inc and what are their salaries?


Here are 9 key members and their salaries:


David Byford (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Taylor (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Burger (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucy Fitch (Director - Communications)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Moore (Director- Tennis)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Lotz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Soo Jin Park (Director - Membership)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Bugel (Director - Social)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Zettler (Director - Swim And Dive T)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.potomacswimandtennis.com

Where can I find the form 990 for Potomac Swimming And Recreation Association Inc?

Potomac Swimming And Recreation Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.potomacswimandtennis.com

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

Mission Statement of Potomac Swimming And Recreation Association Inc

The Potomac Swimming and Recreation Association, Inc., is dedicated to its mission of promoting the health, welfare, and pleasure of its members and guests. To accomplish this, the organization operates and maintains a swimming pool and other recreational facilities. By providing these facilities, the association aims to cater to various recreational activities such as swimming, diving, and tennis. Furthermore, the Potomac Swimming and Recreation Association, Inc., offers social programs for the benefit of its approximately 230 active member families and their guests. The association's mission is to create an environment where its members can enjoy leisure activities, contributing to their overall well-being and happiness.

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Impact




October, 2024

Potomac Swimming and Recreation Association Inc significantly enhances the community by providing a vibrant environment that promotes health, welfare, and leisure for its members and their guests. With facilities that cater to swimming, diving, tennis, and various social programs, the Association serves approximately 230 active member families, fostering a strong sense of community and connection among them.

Through its recreational offerings, the Association encourages physical activity and social interaction, contributing to the overall well-being of participants. The swimming and recreational facilities not only serve as a venue for exercise but also as a gathering place for social events, strengthening relationships among families and individuals in Potomac, MD. This commitment to wellbeing and community engagement plays a vital role in enhancing the quality of life for its members and their guests.




This information is meant to be a general summary of Potomac Swimming And Recreation Association 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
$667,169 (2022)
Expenses
$739,893 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $667,169
  • Gross Receipts: $667,169

Assets and Liabilities:

  • Total Assets: $1,668,192
  • Total Liabilities: $1,988,261
  • Net Assets: -$320,069

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Programs

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

Membership

Revenue

$334,340

Tennis Program Revenue

Revenue

$252,504

Swim program

Revenue

$49,479

FOOD & BEVERAGE REVENU

Revenue

$16,160

Pool rental

Revenue

$9,580

Organization Details

Founding Year

1980

Principal Officer

Edward Sears

Main Address

10531 Oaklyn Drive, Potomac, MD, 20854

NTEE Category

Code: N67 - Recreation

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