Carderock Springs Swimming Club Inc

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

EIN: 520822298 ✦ Bethesda, MD ✦ Designated as a 501(c)(7)

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Overview

What is Carderock Springs Swimming Club Inc?

Carderock Springs Swimming Club Inc is a community-focused nonprofit organization situated in Bethesda, Maryland. Their primary objective is to foster engagement and camaraderie among local residents by offering a swim program tailored for the neighborhood's youth. By serving as a swim club, Carderock Springs Swimming Club Inc plays an integral role in encouraging neighborhood participation in swimming and related activities, ultimately enriching the lives of its members.


Official website here: www.carderockclub.org

Is Carderock Springs Swimming Club Inc legitimate?

Carderock Springs Swimming Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Carderock Springs Swimming Club 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: $52,096

For more financial information, click here


Official website here: www.carderockclub.org

What is the mission statement of Carderock Springs Swimming Club Inc?

The mission of Carderock Springs Swimming Club Inc. is centered around encouraging neighborhood involvement in swimming and related activities. They accomplish this through their swim program specifically designed for the local youth. This swim club, situated in an unspecified location, serves as a platform for fostering community participation in aquatic activities.


Official website here: www.carderockclub.org

Who is the CEO of Carderock Springs Swimming Club Inc?

Michael Mclaughlin is the Board Member/Membership of Carderock Springs Swimming Club Inc.


Official website here: www.carderockclub.org

What is the revenue of Carderock Springs Swimming Club Inc?

Carderock Springs Swimming Club Inc's revenue in 2022 was $563,028.


Official website here: www.carderockclub.org

Who are the executives of Carderock Springs Swimming Club Inc and what are their salaries?

The average compensation at Carderock Springs Swimming Club Inc during 2022 was $1,371. There are 38 employees and 20 volunteers at Carderock Springs Swimming Club Inc.


Here are 9 key members and their salaries:


Cari Ardrey (Board Member/Membership)
  • Compensation: $2,500
  • Related: $0
  • Other: $0
Deniz Cirivello (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Bilbao (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lipka Dash (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Flavio Rasetto (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mclaughlin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jen Demarinis (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lindstrom (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik O'Donoghue (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.carderockclub.org

Where can I find the form 990 for Carderock Springs Swimming Club Inc?

Carderock Springs Swimming Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.carderockclub.org

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

Mission Statement of Carderock Springs Swimming Club Inc

Carderock Springs Swimming Club, a nonprofit organization, is committed to fostering neighborhood involvement in swimming and related activities. They achieve this mission by offering a swim program specifically tailored for the local youth. Located in Bethesda, MD, this swimming club serves as a platform where neighborhood residents can participate in swimming and related activities, thereby promoting community engagement and camaraderie.

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Impact




October, 2024

Carderock Springs Swimming Club Inc fosters community engagement and promotes healthy lifestyles through its focused swim program for youth in Bethesda, MD. By encouraging neighborhood participation in swimming and related activities, the club creates a welcoming environment where children can develop essential life skills, build confidence, and forge lasting friendships. The emphasis on recreational swimming not only contributes to physical fitness but also strengthens community bonds by bringing families together around shared interests. The club serves as a vital hub for social interaction and recreational development, enriching the lives of its members and enhancing the overall sense of community.




This information is meant to be a general summary of Carderock Springs Swimming Club 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
$563,028 (2022)
Expenses
$612,839 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $97
  • Program Service Revenue: $547,521
  • Gross Receipts: $563,028

Assets and Liabilities:

  • Total Assets: $739,037
  • Total Liabilities: $43,200
  • Net Assets: $695,837

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Programs

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

MEMBERSHIP DUES

Revenue

$480,889

SWIM & DIVE

Revenue

$66,632

Organization Details

Founding Year

1964

Principal Officer

Michael Mclaughlin

Main Address

8200 HAMILTON SPRING COURT, BETHESDA, MD, 20817

NTEE Category

Code: N67 - Recreation

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