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Santa Clara Aquamaids Synchronized Swimming Club Inc

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

EIN: 941585794 ✦ Santa clara, CA ✦ Designated as a 501(c)(3)

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Overview

What is Santa Clara Aquamaids Synchronized Swimming Club Inc?

Santa Clara Aquamaids Synchronized Swimming Club Inc, located at 1600 Martin Ave, Santa Clara, CA 95050, is a distinguished nonprofit organization renowned for its competitive swimming program. Through expert coaching, primarily from Olympic, international, and collegiate competitors, the club imparts technical swimming skills, leadership, teamwork, self-confidence, and presentation to its members. The Aquamaids' training extends to domestic and international competitions, reaching up to the Olympic level. Established in 1964, the club has earned a reputation as one of the top synchronized swimming clubs in the nation, nurturing world-class swimmers and Olympic athletes. The Aquamaids' mission is to foster and encourage young athletes, from beginners to elite, in a disciplined environment that promotes the acquisition of technical, physical, social, and mental skills essential for synchronized swimming. The club instills values such as self-discipline, good sportsmanship, perseverance, endurance, self-confidence, and teamwork, empowering its athletes to carry these qualities into various aspects of their lives. The organization is staffed by 50 employees.


Official website here: www.aquamaids.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement - 73% (Two-Star out of Four Stars)

The Santa Clara Aquamaids Synchronized Swimming Club Inc has received a two-star rating from Charity Navigator, indicating areas where improvement is necessary despite a strong performance in accountability and finance. The organization has demonstrated excellence in governance, featuring a fully independent board and maintaining comprehensive policies regarding conflict of interest and whistleblower protections.

However, the organization has been noted for its lower program expense ratio, which is just 51.41%. This suggests that a significant portion of its expenses may not be directed toward program services, highlighting a potential area of concern for donors interested in the efficiency of fund allocation. Overall, while the club excels in financial oversight, there is room for enhancement in its programmatic spending to better serve its mission and community.


This AI summary has been generated from information found on Charity Navigator.

Is Santa Clara Aquamaids Synchronized Swimming Club Inc legitimate?

Santa Clara Aquamaids Synchronized Swimming Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santa Clara Aquamaids Synchronized 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: $246,711
Professional Fundraising Fees: $0
Other Salaries and Wages: $915,089

For more financial information, click here


Official website here: www.aquamaids.org

What is the mission statement of Santa Clara Aquamaids Synchronized Swimming Club Inc?

The Santa Clara Aquamaids Synchronized Swimming Club Inc, renowned as one of the top synchronized swimming clubs in the nation, aims to assist and encourage young athletes, ranging from beginners to elite, in a nurturing yet disciplined environment. This environment fosters the acquisition of technical, physical, social, and mental skills essential for synchronized swimming. The club instills values such as self-discipline, good sportsmanship, perseverance, endurance, self-confidence, and teamwork in each athlete, enabling them to apply these qualities to various aspects of their lives beyond swimming.


Official website here: www.aquamaids.org

Who is the CEO of Santa Clara Aquamaids Synchronized Swimming Club Inc?

Jeanne Perez is the Treasurer of Santa Clara Aquamaids Synchronized Swimming Club Inc.


Official website here: www.aquamaids.org

What is the revenue of Santa Clara Aquamaids Synchronized Swimming Club Inc?

Santa Clara Aquamaids Synchronized Swimming Club Inc's revenue in 2022 was $5,451,001.


Official website here: www.aquamaids.org

Who are the executives of Santa Clara Aquamaids Synchronized Swimming Club Inc and what are their salaries?

The average compensation at Santa Clara Aquamaids Synchronized Swimming Club Inc during 2022 was $23,236. There are 50 employees and 120 volunteers at Santa Clara Aquamaids Synchronized Swimming Club Inc.


Here are 7 key members and their salaries:


Mingming Liu (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Tse (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Perez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pernilla Ovafordt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Dal Cielo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Keeler (Coo)
  • Compensation: $137,000
  • Related: $0
  • Other: $8,000
William May (Head Coach)
  • Compensation: $160,000
  • Related: $0
  • Other: $8,000


Official website here: www.aquamaids.org

Where can I find the form 990 for Santa Clara Aquamaids Synchronized Swimming Club Inc?

Santa Clara Aquamaids Synchronized Swimming Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.aquamaids.org

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

Mission Statement of Santa Clara Aquamaids Synchronized Swimming Club Inc

The Santa Clara Aquamaids Synchronized Swimming Club Inc is dedicated to supporting and motivating young athletes, ranging from beginners to elite contenders, in a nurturing yet disciplined environment. This esteemed organization, renowned since 1964, strives to foster the technical, physical, social, and mental skills required for synchronized swimming. The club instills values such as self-discipline, good sportsmanship, perseverance, endurance, self-confidence, and teamwork in each athlete, enabling them to apply these lessons to various aspects of their lives beyond the swimming pool. The Santa Clara Aquamaids Synchronized Swimming Club Inc serves as a catalyst for their swimmers' personal growth, nurturing their abilities both in and out of the water.

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Impact




July, 2024

The Santa Clara Aquamaids Synchronized Swimming Club Inc is a nationally and internationally acclaimed synchronized swimming club that has been producing world-class synchronized swimmers and Olympic athletes since 1964. The organization provides swimmers with the opportunity to learn and participate in a program of competitive synchronized swimming, enabling them to develop technical swimming skills, leadership, teamwork, self-confidence, and presentation abilities.

Through the training provided by world-class coaches with Olympic, international, and collegiate competition experience, the Santa Clara Aquamaids help athletes compete at local, national, and international levels, including up to the Olympic level. Their mission is to assist and encourage young athletes from beginners to elite in a disciplined yet nurturing environment that focuses on developing the technical, physical, social, and mental skills required for synchronized swimming.

By instilling values such as self-discipline, good sportsmanship, perseverance, endurance, self-confidence, and teamwork in each athlete, the Santa Clara Aquamaids Synchronized Swimming Club Inc has a significant impact on the personal development and athletic achievements of its participants.




This information is meant to be a general summary of Santa Clara Aquamaids Synchronized 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
$5,451,001 (2022)
Expenses
$3,562,874 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $456
  • Program Service Revenue: $127,611
  • Gross Receipts: $21,601,474

Assets and Liabilities:

  • Total Assets: $7,473,522
  • Total Liabilities: $242,845
  • Net Assets: $7,230,677

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Programs

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

COMPETITIVE DEVELOPMENT PROGRAM

Revenue

$95,743

INSURANCE REIMB

Revenue

$31,868

Organization Details

Founding Year

1964

Principal Officer

Jeanne Perez

Main Address

1600 MARTIN AVE, SANTA CLARA, CA, 95050

NTEE Category

Code: N67 - Recreation

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