Walnut Creek Aquabears Swim Team

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

EIN: 941693715 ✦ Walnut creek, CA ✦ Designated as a 501(c)(3)

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Overview

What is Walnut Creek Aquabears Swim Team?

The Walnut Creek Aquabears Swim Team is a nonprofit organization based in Walnut Creek, California. Their primary mission is to provide competitive swim instruction to children aged between 5 and 19. They accomplish this by offering after-school and weekend sessions, with their swimmers participating in local, regional, and national meets. The team is affiliated with USA Swimming, serving as a member club of the organization, which functions as the sport's National Governing Body. The coaching staff is compensated, while other work is handled by dedicated team parents on a voluntary basis. The team's expenses include salaries for the coaching staff, pool rentals, insurance, membership fees, and other related costs, enabling the instruction of over 150 swimmers.


Official website here: www.aquabears.org

Is Walnut Creek Aquabears Swim Team legitimate?

Walnut Creek Aquabears Swim Team is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walnut Creek Aquabears Swim Team 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: $206,092
Professional Fundraising Fees: $0
Other Salaries and Wages: $104,722

For more financial information, click here


Official website here: www.aquabears.org

What is the mission statement of Walnut Creek Aquabears Swim Team?

The Walnut Creek Aquabears Swim Team's mission is centered around providing competitive swim instruction to children between the ages of 5 and 19. This learning takes place primarily after school and on weekends. The team's swimmers participate in various local, regional, and national swim meets. Being a member club of USA Swimming, the National Governing Body of the sport, adds a level of prestige and structure to the team's activities. The coaching staff is remunerated, while other operational tasks are handled by the team parents on a voluntary basis.


Official website here: www.aquabears.org

What is the revenue of Walnut Creek Aquabears Swim Team?

Walnut Creek Aquabears Swim Team's revenue in 2024 was $624,242.


Official website here: www.aquabears.org

Who are the executives of Walnut Creek Aquabears Swim Team and what are their salaries?

The average compensation at Walnut Creek Aquabears Swim Team during 2024 was $22,201. There are 14 employees and 25 volunteers at Walnut Creek Aquabears Swim Team.

Here are 9 key members and their salaries:


Mike Heaney (Head Coach)
  • Compensation: $82,170
  • Related: $0
  • Other: $40,592
Todd Krohn (Asst Head Coach)
  • Compensation: $89,040
  • Related: $0
  • Other: $0
Russell Mikuni (Head Age Group Coach)
  • Compensation: $49,500
  • Related: $0
  • Other: $10,220
Richard Millington (Emeritus Coach)
  • Compensation: $33,600
  • Related: $0
  • Other: $0
Heidi Mcmillan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Davis (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Nonaka (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Thomas (At Large Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Open Position (At Large Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.aquabears.org

Where can I find the form 990 for Walnut Creek Aquabears Swim Team?

Walnut Creek Aquabears Swim Team's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.aquabears.org

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

Mission Statement of Walnut Creek Aquabears Swim Team

Walnut Creek Aquabears, a renowned swim team, is dedicated to providing competitive swimming instruction to children aged between 5 and 19. Their mission is multifaceted, encompassing after-school and weekend classes. The primary goal is to prepare these young swimmers for local, regional, and even national swim meets. As a member of USA Swimming, the National Governing Body of the sport, Walnut Creek Aquabears ensures a high standard of coaching and training. The coaching staff is remunerated, while the team parents contribute their time and efforts on a voluntary basis to ensure the smooth operation of the team.

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Impact




October, 2024

The Walnut Creek Aquabears Swim Team significantly impacts the community by providing children aged 5 to 19 with high-quality competitive swim instruction. Through structured training sessions held after school and on weekends, the team fosters not only swimming skills but also important life skills such as discipline, teamwork, and perseverance.

Participants have the opportunity to compete in various local, regional, and national swim meets, which promotes healthy competition and personal growth. The program supports over 150 swimmers, developing their athletic abilities while emphasizing personal achievement and camaraderie among peers.

The involvement of parents as volunteers strengthens community ties and encourages family engagement in recreational activities. As a member club of USA Swimming, the Aquabears adhere to national standards, ensuring that swimmers receive professional coaching and guidance. Overall, the Walnut Creek Aquabears Swim Team enhances the athletic landscape of Walnut Creek, cultivating a love for swimming and healthy lifestyles in the youth.




This information is meant to be a general summary of Walnut Creek Aquabears Swim Team. 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
$624,242 (2024)
Expenses
$644,719 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $30,657
  • Gross Receipts: $624,242

Assets and Liabilities:

  • Total Assets: $79,687
  • Total Liabilities: $0
  • Net Assets: $79,687

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Programs

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

Hosted Swim Meets

Revenue

$0

Travel Meets

Revenue

$30,545

USA Swimming Registration

Revenue

$112

Organization Details

Founding Year

1969

Principal Officer

Mike Heaney

NTEE Category

Code: N67 - Recreation

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