Colonies Swim & Tennis Club Inc

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

EIN: 541464098 ✦ Richmond, VA ✦ Designated as a 501(c)(7)

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Overview

What is Colonies Swim & Tennis Club Inc?

Colonies Swim & Tennis Club Inc, located in Richmond, Virginia, serves as a nonprofit organization primarily focused on providing leisure facilities and amenities for its member families. Specifically, it operates a swimming pool, tennis courts, and a clubhouse, all aimed at enhancing the recreational experiences of its members. The club, with a modest workforce of 14 employees, is dedicated to ensuring the enjoyment and well-being of its member families.

Is Colonies Swim & Tennis Club Inc legitimate?

Colonies Swim & Tennis Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Colonies Swim & Tennis 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: $24,921

For more financial information, click here

What is the mission statement of Colonies Swim & Tennis Club Inc?

The Colonies Swim & Tennis Club Inc's mission is centered around providing amenities for the benefit of its member families. More specifically, the club operates a swimming pool, tennis courts, and a clubhouse, catering to the recreational needs of its members. This mission is aimed at enhancing the overall experience and enjoyment of the club for its family-oriented membership.

What is the revenue of Colonies Swim & Tennis Club Inc?

Colonies Swim & Tennis Club Inc's revenue in 2023 was $349,569.

Who are the executives of Colonies Swim & Tennis Club Inc and what are their salaries?

The average compensation at Colonies Swim & Tennis Club Inc during 2023 was $1,384. There are 18 employees at Colonies Swim & Tennis Club Inc.

Here are 7 key members and their salaries:


Kyle Denholm (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Thompson (Membership)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Costello (Former Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Robinson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Welch (Grounds)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Heller (Facilities)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Hensley (Pool Operati)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Colonies Swim & Tennis Club Inc?

Colonies Swim & Tennis Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Colonies Swim & Tennis Club Inc

Colonies Swim & Tennis Club Inc is dedicated to serving its member families by providing them with access to a pool, tennis courts, and a clubhouse. This nonprofit organization's mission is to operate these facilities, ensuring that its members can enjoy leisure activities and create lasting memories with their families. The clubhouse offers a communal space for members to gather, further enhancing the sense of community within the club. By providing these amenities, Colonies Swim & Tennis Club Inc aims to contribute positively to the well-being and enjoyment of its member families.

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Impact




October, 2024

Colonies Swim & Tennis Club Inc enhances the quality of life for its member families by providing a vibrant and engaging environment for recreation and social interaction. By operating a pool, tennis facilities, and a clubhouse, it fosters a sense of community, encouraging families to come together and build lasting relationships. The club serves as a hub for physical activity, promoting health and wellness through sports and leisure activities. Through these amenities, Colonies Swim & Tennis Club Inc plays a vital role in enriching the lives of its members, contributing to a healthier, more connected community in Richmond, VA.




This information is meant to be a general summary of Colonies Swim & Tennis 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
$349,569 (2023)
Expenses
$405,129 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $199
  • Program Service Revenue: $338,343
  • Gross Receipts: $349,582

Assets and Liabilities:

  • Total Assets: $570,704
  • Total Liabilities: $150,827
  • Net Assets: $419,877

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Programs

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

CLASS A DUES

Revenue

$245,875

SWIM INCOME

Revenue

$36,051

RENTAL INCOME

Revenue

$30,906

ASSESSMENT

Revenue

$9,245

TENNIS INCOME

Revenue

$8,320

Organization Details

Founding Year

1988

Principal Officer

Kyle Denholm

NTEE Category

Code: N66 - Recreation

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