THE HILLSIDE SWIMMING CLUB INC

EIN: 135667059 Mutual Benefit

STATEN ISLAND, NY

Total Revenue
$661,918
Total Expenses
$583,030
Total Assets
$1,540,358
Net Assets
$978,599
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
NY
Principal Officer
WILLIAM BOYD
Phone
7187615910
Tax Period
2024-01-01 to 2024-12-31

THE HILLSIDE SWIMMING CLUB INC, founded in 1957, is a small nonprofit in the Mutual Benefit sector that reported $662K in total revenue in fiscal year 2024. Expenses of $583K left a modest 12% surplus.

Mission

THE HILLSIDE SWIM CLUB, INC. WAS FORMED TO PROMOTE THE HEALTH AND GENERAL WELFARE OF ITS MEMBERS, AND IN PURSUANCE THEREOF, TO CONSTRUCT, OWN AND OPERATE A SWIMMING POOL AND OTHER RECREATIONAL FACILITIES, TOGETHER WITH SUCH INCIDENTAL OBJECTS AS ARE APPROPRIATE IN THE CONDUCT OF THIS ACTIVITY FOR THE EXCLUSIVE USE OF ITS MEMBERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $661,619
Investment Income $299
Other Revenue $0
TOTAL REVENUE $661,918

Expense Breakdown

Grants Paid $0
Salaries & Benefits $39,023
Fundraising Expenses $0
Program Expenses $555,826
Other Expenses $544,007
TOTAL EXPENSES $583,030

Year-over-Year Comparison

2024 2023 Change
Revenue $661,918 $662,020 0.0%
Expenses $583,030 $683,613 -0.1%
Net Income $78,888 $-21,593 -4.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
17
Volunteers
14

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHANIE BARA DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL CHAMBERS DIRECTOR 1.00
Director
$0 $0 $0
JON LODUCA DIRECTOR 1.00
Director
$0 $0 $0
LOUIS LOPEZ DIRECTOR 1.00
Director
$0 $0 $0
SEAN KELLY DIRECTOR 1.00
Director
$0 $0 $0
BILL FELCHI DIRECTOR 1.00
Director
$0 $0 $0
BRIAN PAUL DIRECTOR 1.00
Director
$0 $0 $0
JUDY SHAMING DIRECTOR 1.00
Director
$0 $0 $0
MARK IMPERATO DIRECTOR 1.00
Director
$0 $0 $0
LUCIA BOYLAN DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM BOYD PRESIDENT 5.00
Officer Director
$0 $0 $0
KRIS SJOLANDER VICE PRESIDE 5.00
Officer Director
$0 $0 $0
SUSAN BOYLE TREASURER 5.00
Officer Director
$0 $0 $0
PAUL BARRETT SECRETARY 5.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $661,918 $583,030 $1,540,358 $78,888
2023 $662,020 $683,613 $1,421,624 $-21,593
2022 $756,757 $654,800 $1,453,814 $101,957
2021 $1,830,671 $913,995 $1,698,799 $916,676
2020 $586,287 $507,857 $434,754 $78,430
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