Poseidon Swim Club Of South Oakland in Troy, Michigan (MI)

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Poseidon Swim Club Of South Oakland
Employer Identification Number (EIN)381991705
Name of OrganizationPoseidon Swim Club Of South Oakland
AddressPO BOX 1262, Troy, MI 48099-1262
ActivitiesSchool or college athletic association
SubsectionCharitable Organization
Ruling Date06/1979
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Tax Period08/2011
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$35,610
Amount of Income$123,879
Form 990 Revenue Amount$123,879
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Swimming, Water Recreation


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Amount of income in 2011: $123,879 (it was $83,648 in 2010)
Poseidon Swim Club Of South Oakland: 

 $123,879
Other organizations performing similar types of work: 

 $198,434

Assets in 2011: $35,610 (it was $37,440 in 2010)
Poseidon Swim Club Of South Oakland: 

 $35,610
Other organizations performing similar types of work: 

 $98,183

Expenses in 2011: $125,413
Poseidon Swim Club Of South Oakland: 

 $125,413
Other organizations performing similar types of work: 

 $175,793

Income to expenses ratio in 2011: 1.0
This organization: 

 1.0
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2011: 0.0%
Poseidon Swim Club Of South Oakland: 

 0.0%
Other organizations performing similar types of work: 

 14.2%

Financial snapshot ($)

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$123,879
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$123,879
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$125,413
Total net assets$35,610
Deficit for the year$-1,534
Net assets or fund balances at beginning of year$37,144
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$35,610
Total liabilities$0
Net assets or fund balances$35,610
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
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 2011)
2007 - 2011 Total
Total support$588,909
Gifts, grants, contributions, and membership fees received$386,542
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$202,367
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$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Colony Swim Club IncPO BOX 700313, Plymouth, MI 48170-0946MI1964-08$240,583
2Us Swimming Inc, Southern Ca Swimming Inc55 Hitchcock Way Ste 211, Santa Barbara, CA 93105-5110CA2006-03$3,953,880
3Stony Brook Yacht Club IncPO BOX 755, Stony Brook, NY 11790-0755NY1953-06$1,877,522
4Little Traverse SailorsPO BOX 583, Harbor Spgs, MI 49740-0583MI1972-08$291,903
5Rays Team Inc730 Forest Hill Ave Se, Grand Rapids, MI 49546-2324MI1994-05$257,691
6Bayview Yacht Club Junior Sailors Inc100 Clairpointe St, Detroit, MI 48215-3042MI1987-06$230,109
7Spartan Aquatic Club Inc24062 Taft Rd, Novi, MI 48375-3022MI1988-06$176,646
8Us Swimming Inc, Michigan Swimming22751 St James Dr, Northville, MI 48167-5824MI2006-03$149,653
9Poseidon Swim Club Of South OaklandPO BOX 1262, Troy, MI 48099-1262MI1979-06$123,879
10American Sailing InstitutePO BOX 210250, Auburn Hills, MI 48321-0250MI1997-03$101,684
11North Star Junior Sailing Inc32041 S River Rd, Harrison Twp, MI 48045-1897MI1991-02$64,187
12Grand Rapids Junior Sailing Association1315 Gladstone Dr Se, Grand Rapids, MI 49506-3949MI1992-04$63,048
13Bay Area Youth Swim Club Inc1206 N Walnut St, Bay City, MI 48706-3774MI1998-04$62,799
14Detroit Regional Yacht-Racing Association23915 Jefferson Ave Ste 1, St Clr Shores, MI 48080-1512MI1992-11$58,611
15American Volkssport Association Inc209 Gasner St, Blissfield, MI 49228MI1987-10$0
16American Volkssport Association Inc, Great Lakes Amblers108 W Columbia St, Mason, MI 48854MI1987-10$0
17Aquademics1789 High Pointe Ln, Ann Arbor, MI 48108MI1991-11$0
18Holt Swim Club Inc6425 Holt Rd, Holt, MI 48842-9509MI1988-10$0
19South Haven Boating Foundation7343 North Shore Drive, South Haven, MI 49090MI1993-09$0
20Try Sail Inc5472 Lakeshore Rd, Fort Gratiot, MI 48059-3119MI1992-06$0
Number of organizations performing similar types of work
Alaska7
Alabama2
Arkansas2
Arizona5
California54
Colorado12
Connecticut5
Florida21
Georgia7
Hawaii5
Iowa2
Idaho3
Illinois9
Indiana18
Kansas4
Kentucky2
Louisiana5
Massachusetts15
Maryland11
Maine1
Michigan18
Minnesota8
Missouri8
Mississippi1
Montana1
North Carolina9
North Dakota2
Nebraska3
New Hampshire2
New Jersey13
New Mexico2
Nevada1
New York22
Ohio17
Oklahoma4
Oregon11
Pennsylvania16
Rhode Island5
South Carolina2
South Dakota2
Tennessee5
Texas26
Utah1
Virginia15
Vermont1
Washington12
Wisconsin14
West Virginia2
Wyoming2
Total415

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