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Valdez Swim Club Inc

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

EIN: 920152408 ✦ Valdez, AK ✦ Designated as a 501(c)(3)

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Overview

What is Valdez Swim Club Inc?

Valdez Swim Club Inc is a nonprofit organization that nurtures the swimming abilities of approximately 86 children by organizing four swim meets. To sustain their activities, they manage various expenses such as depreciation, fees from swim-a-thons, wreath sales, other fundraising costs, small equipment expenses, membership fees, competition expenses, awards and gifts, pool fees, travel expenses for training, and other related costs. The club's mission is centered around supporting and advancing the swimming skills of its young members.

Is Valdez Swim Club Inc legitimate?

Valdez Swim Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valdez Swim Club Inc submitted a form 990EZ, 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.

What is the mission statement of Valdez Swim Club Inc?

The Valdez Swim Club Inc, in its mission, supports the development of swimming skills in approximately 86 children by sponsoring four swim meets. The club's activities involve managing various expenses such as depreciation, fundraiser fees, equipment costs, meet expenses, awards, pool fees, travel, and training. The primary aim of the club is to foster the swimming abilities of its members, contributing to their overall development. However, the mission statement specifically regarding the club's objective or purpose beyond swim meets and skill development is not provided in the information given.

Who is the CEO of Valdez Swim Club Inc?

Kathryn Peltier is the President of Valdez Swim Club Inc.

What is the revenue of Valdez Swim Club Inc?

Valdez Swim Club Inc's revenue in 2022 was $91,608.

Who are the executives of Valdez Swim Club Inc and what are their salaries?


Here are 8 key members and their salaries:


Kathryn Peltier (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Hoffman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Hall (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Arciniega (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Merreley Donohue (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Montgomery (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Wiley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Wiese (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Valdez Swim Club Inc?

Valdez Swim Club Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Valdez Swim Club Inc

Valdez Swim Club Inc, as a nonprofit organization, is dedicated to sponsoring swim meets and fostering the swimming abilities of approximately 86 children. Its mission is multifaceted, involving various financial commitments. These expenses include depreciation costs, fees from swim-a-thons and other fundraisers, purchases of small equipment, membership dues and subscriptions, expenditures related to swim meets, awards and gifts for the swimmers, pool fees, expenses related to travel and training, and covering miscellaneous costs. The club's primary focus is on nurturing the swimming skills of its members, providing them with opportunities to participate in four swim meets annually.

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Impact




October, 2024

Valdez Swim Club Inc significantly contributes to the community by developing the swimming skills of approximately 86 children in Valdez, Alaska. Through its organization of four swim meets, it fosters a sense of competition and camaraderie among young swimmers, promoting both physical fitness and teamwork. The club's activities also engage parents and community members, encouraging local involvement and support for youth sports.

In addition to enhancing swimming proficiency, the club helps instill important life skills such as discipline, commitment, and goal-setting. Its fundraising efforts, including wreath sales and other events, not only cover various expenses like pool fees and travel but also create opportunities for community engagement and support. The impact of Valdez Swim Club extends beyond just swim training, enriching the lives of children and families, and contributing to the overall vibrancy of the local community through recreation and shared experiences.




This information is meant to be a general summary of Valdez Swim 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
$91,608 (2022)
Expenses
$78,831 (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: $3,836
  • Gross Receipts: $91,608

Assets and Liabilities:

  • Total Assets: $49,322
  • Total Liabilities: $4,349
  • Net Assets: $44,973

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Organization Details

Principal Officer

Kathryn Peltier

Main Address

PO Box 3106, Valdez, AK, 99686

NTEE Category

Code: N67 - Recreation

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