Us Swimming Inc, Usa Swimming in Colorado Springs, Colorado (CO)
Table of contents:
Us Swimming Inc, Usa Swimming | |
Employer Identification Number (EIN) | 204264282 |
Name of Organization | Us Swimming Inc |
Secondary Name | Usa Swimming |
In Care of Name | Charles Wielgus |
Address | 1 Olympic Plaza, Colorado Springs, CO 80909 |
Subsection | Educational Organization |
Ruling Date | 03/2006 |
Deductibility | Contributions are deductible |
Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 2007 |
Assets | $10,000,000 to $49,999,999 |
Income | $10,000,000 to $49,999,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $32,396,503 |
Amount of Income | $40,777,941 |
Form 990 Revenue Amount | $32,192,041 |
National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Swimming, Water Recreation |
Non-representatives - add comments:
Amount of income in 2007: $40,777,941 (it was $32,367,477 in 2012)
Us Swimming Inc, Usa Swimming: | $40,777,941 |
Other organizations performing similar types of work: | $81,788 |
Assets in 2007: $32,396,503 (it was $30,645,534 in 2012)
This organization: | $32,396,503 |
Other organizations performing similar types of work: | $33,448 |
Expenses in 2012: $30,734,568
This organization: | $30,734,568 |
Other organizations performing similar types of work: | $75,206 |
Income to expenses ratio in 2012: 1.3
Us Swimming Inc, Usa Swimming: | 1.3 |
Other organizations performing similar types of work: | 0.9 |
Number of employees in 2012: 88
Us Swimming Inc, Usa Swimming: | 88 |
Other organizations performing similar types of work: | 5 |
Employees paid over $100,000 in 2012: 25.0%
This organization: | 25.0% |
Other organizations performing similar types of work: | 0.0% |
Grants share in income in 2012: 34.1%
This organization: | 34.1% |
Other organizations performing similar types of work: | 78.3% |
Revenue for 2012
Functional expenses for 2012
Support schedule
Statements Regarding Other IRS Filings and Tax Compliance (for 2012) | |
Did the organization have unrelated business gross income of $1,000 or more during the year? | Yes |
Initiation fees and capital contributions | $0 |
Gross receipts for public use of club facilities | $0 |
Gross income from members or shareholders | $0 |
Gross income from other sources | $0 |
Statement of Revenue (for 2012) | |
Total revenue | $31,729,287 |
Contributions, Gifts, Grants and Other Similar Amounts | $10,818,083 |
Program Service Revenue | $17,952,304 |
Other Revenue | |
Investment income (including dividends, interest, and other similar amounts) | $520,128 |
Income from investment of tax-exempt bond proceeds | $0 |
Royalties | $0 |
Net rental income | $0 |
Net gain from sales of assets other than inventory | $1,305,274 |
Gross amount from sales of assets other than inventory (Securities / Other) | $1,305,274 / $0 |
Less: cost or other basis and sales expenses (Securities / Other) | $0 / $0 |
Gain or (loss) (Securities / Other) | $1,305,274 / $0 |
Net loss from fundraising events | $-294,565 |
Gross income from fundraising events | $343,625 |
Less: direct expenses | $638,190 |
Net income from gaming activities | $0 |
Net income from sales of inventory | $0 |
Miscellaneous Revenue | $1,428,063 |
Statement of Functional Expenses (for 2012) | |
Total functional expenses | $30,734,568 |
Compensation of current officers, directors, trustees, and key employees | $2,236,000 |
Other salaries and wages | $4,699,987 |
Payroll taxes | $418,837 |
Professional fundraising services | $0 |
Other | $23,379,744 |
Balance Sheet (for 2012) | |
Total assets | $30,645,534 |
Total liabilities | $13,577,849 |
Tax-exempt bond liabilities | $0 |
Secured mortgages and notes payable to unrelated third parties | $0 |
Unsecured notes and loans payable to unrelated third parties | $0 |
Other | $13,577,849 |
Total net assets or fund balances | $17,067,685 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Reason for Public Charity Status (for 2012) | |
The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012) | |
2008 - 2012 Total | |
---|---|
Total support | $137,302,382 |
Gifts, grants, contributions, and membership fees received | $118,539,985 |
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $6,751,763 |
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $4,382,610 |
Other | $7,628,024 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | University Swim Club | Po Box 10442, Knoxville, TN 37939-0442 | TN | 2007-02 | $43,203 |
2 | Us Swimming Inc, Usa Swimming | 1 Olympic Plaza, Colorado Springs, CO 80909 | CO | 2006-03 | $40,777,941 |
3 | Steamboat Training Adaptive Recreational Sports | PO BOX 770208, Steamboat Spr, CO 80477-0208 | CO | 2007-06 | $536,892 |
4 | Valley Swim Club Inc | PO BOX 6184, Colo Spgs, CO 80934-6184 | CO | 2000-12 | $189,329 |
5 | Denver Triton Swim Team | 2045 Fairfax St, Denver, CO 80207 | CO | 2010-06 | $128,149 |
6 | Stingrays Booster Club | Po Box 5286, Englewood, CO 80111 | CO | 2009-10 | $110,081 |
7 | Swim Dogs | 655 S Monaco Pkwy, Denver, CO 80224-1228 | CO | 2008-01 | $107,839 |
8 | Tidal Wave Aquatics, Twa | 4178 S Crystal Ct Apt 1414, Aurora, CO 80014-4251 | CO | 2003-10 | $107,668 |
9 | Team Vortex Swim Club | PO BOX 249, Fort Collins, CO 80522-0249 | CO | 2001-04 | $98,230 |
10 | Team Colorado Whitewater Racing Club | 4740 Table Mesa Dr, Boulder, CO 80305-4505 | CO | 2013-09 | $94,657 |
11 | Eaton Swim Club, Eaton Red Waves Swim Club | PO BOX 150, Eaton, CO 80615-0150 | CO | 2010-08 | $74,709 |
12 | Mesa Swim Team Inc | 907 Brooklawn Dr, Boulder, CO 80303-2708 | CO | 2012-11 | $46,390 |
13 | Cherry Creek Vista Swim Team Inc | 5368 S Havana Ct, Englewood, CO 80111-3816 | CO | 2014-09 | $43,822 |
14 | Swim2win Association, Colorado Swim Academy | PO BOX 1414, Eastlake, CO 80614-1414 | CO | 2014-05 | $26,951 |
15 | Village Seven Swim Team | 6065 Templeton Gap Rd, Colorado Spgs, CO 80923-5109 | CO | 2005-01 | $20,944 |
16 | Red Rock Swim Club | 5924 S Ukraine St, Aurora, CO 80015-6650 | CO | 2010-11 | $16,514 |
17 | Colorado Water Polo Club | 2820 Birch Street, Denver, CO 80207 | CO | 2012-06 | $15,680 |
18 | Woodland Aquatic Project Inc | Po Box 639, Woodland Park, CO 80866 | CO | 2014-10 | $10,669 |
19 | Durango Whitewater Inc | 3225 East 6th Ave, Durango, CO 81301 | CO | 2007-06 | $2,435 |
20 | Boulder Elks Youth Services Inc | Po Box 978, Boulder, CO 80305-0978 | CO | 2010-05 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 2,651 |
20 biggest affiliated organizations | |||||
Affiliation | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
Subordinate | Us Swimming Inc, Minnesota | 1001 Highway 7 Suite 250, Hopkins, MN 55305-4737 | MN | 2006-03 | $575,579 |
Central | Us Swimming Inc, Usa Swimming | 1 Olympic Plaza, Colorado Springs, CO 80909 | CO | 2006-03 | $40,777,941 |
Subordinate | Us Swimming Inc, Southern Ca Swimming Inc | 55 Hitchcock Way Ste 211, Santa Barbara, CA 93105-5110 | CA | 2006-03 | $3,953,880 |
Subordinate | Us Swimming Inc, Illinois Swimming Incorporated | 1400 E Touhy Ave Ste 410, Des Plaines, IL 60018-3341 | IL | 2006-03 | $2,026,167 |
Subordinate | Us Swimming Inc, Middle Atlantic | 2150 New Castle Ave, New Castle, DE 19720-2009 | DE | 2006-03 | $1,212,809 |
Subordinate | Us Swimming Inc, Potomac Valley Swimming | PO BOX 3729, Mclean, VA 22103-3729 | VA | 2006-03 | $1,079,938 |
Subordinate | Us Swimming Inc, Florida Swimming Inc | 214 E Washington St Apt B, Minneola, FL 34715-9227 | FL | 2006-03 | $999,470 |
Subordinate | Us Swimming Inc, Pacific Swimming | 4533 Tuolumne Way, Concord, CA 94521-4233 | CA | 2006-03 | $972,373 |
Subordinate | Us Swimming Inc, North Carolina Swimming | 452 Roslyn Rd, Winston Salem, NC 27104-2041 | NC | 2006-03 | $914,343 |
Subordinate | Us Swimming Inc, Connecticut | 54 Lido Rd, Unionville, CT 06085-1535 | CT | 2006-03 | $907,451 |
Subordinate | Us Swimming Inc, Virginia | Bob Rustin, Richmond, VA 23235 | VA | 2006-03 | $836,063 |
Subordinate | Us Swimming Inc, New Jersey | 205 Clover Hill Rd, Millington, NJ 07946-1703 | NJ | 2006-03 | $776,875 |
Subordinate | Us Swimming Inc, Utah | 856 Healey Blvd, Alpine, UT 84004-2655 | UT | 2006-03 | $754,384 |
Subordinate | Us Swimming Inc, Wisconsin Swimming | 5330 Linden Cir, Racine, WI 53406-1220 | WI | 2006-03 | $713,436 |
Subordinate | Us Swimming Inc, Ohio | 5020 College Corner Pike Ste B, Oxford, OH 45056-1177 | OH | 2006-03 | $704,501 |
Subordinate | Us Swimming Inc, Maryland Swimming | PO BOX 255, Shrewsbury, PA 17361-0255 | PA | 2006-03 | $644,201 |
Subordinate | Us Swimming Inc, Pacific Northwest | 501 30th St Ne, Auburn, WA 98002-1745 | WA | 2006-03 | $631,383 |
Subordinate | Us Swimming Inc, Sierra Nevada | 5350 Whitehaven Way, Antelope, CA 95843-5996 | CA | 2006-03 | $629,749 |
Subordinate | Us Swimming Inc, Oregon | 1750 Sw Skyline Blvd Ste 103, Portland, OR 97221-2544 | OR | 2006-03 | $535,159 |
Subordinate | Us Swimming Inc, Missouri Valley | 830 Alabama St, Lawrence, KS 66044-3942 | KS | 2006-03 | $528,932 |
Number of affiliated organizations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 78 |
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