Dynamo Parents Club Inc

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

EIN: 581076889 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Dynamo Parents Club Inc?

Dynamo Parents Club Inc, situated in Atlanta, Georgia, is a nonprofit organization with a strong focus on water safety. Their primary mission is to reduce the risk of drowning among children in the metropolitan Atlanta area by offering swim lessons and water safety instruction. Simultaneously, they provide pool space and instruction for community organizations with aquatic needs or members requiring a secure environment for learning. Beyond their swimming programs, Dynamo Parents Club Inc strives to be an exemplary 18 and under competitive swimming club, both in terms of athletic achievement and philanthropy, with a vision to make an impact on a national and international scale. The organization employs a team of 231 dedicated individuals.


Official website here: www.dynamoswimclub.com

Is Dynamo Parents Club Inc legitimate?

Dynamo Parents Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dynamo Parents 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.

Here are some key statistics you may want to consider:

Executive Compensation: $164,179
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,173,070

For more financial information, click here


Official website here: www.dynamoswimclub.com

What is the mission statement of Dynamo Parents Club Inc?

Dynamo Parents Club Inc's mission is centered around achieving excellence in competitive swimming, aiming to become a leading club for 18 and under athletes not just in the USA, but globally. The organization aspires to make significant contributions in both swimming competitions and philanthropy. One of its key objectives is to offer water safety instruction and swim lessons to children in the metropolitan area, with the goal of reducing drowning incidents and fostering a love for swimming. Additionally, Dynamo provides pool space and instruction for community organizations with aquatic needs or members who require a secure environment for instruction.


Official website here: www.dynamoswimclub.com

Who is the CEO of Dynamo Parents Club Inc?

Michael Cotter is the Ceo of Dynamo Parents Club Inc. The CEO's salary of Dynamo Parents Club Inc is $164,179 and their total compensation is $227,224.


Official website here: www.dynamoswimclub.com

What is the revenue of Dynamo Parents Club Inc?

Dynamo Parents Club Inc's revenue in 2022 was $5,156,871.


Official website here: www.dynamoswimclub.com

Who are the executives of Dynamo Parents Club Inc and what are their salaries?

The average compensation at Dynamo Parents Club Inc during 2022 was $10,118. There are 231 employees and 680 volunteers at Dynamo Parents Club Inc.

Here are 12 key members and their salaries (Dynamo Parents Club Inc's CEO's salary is $164,179 and their total compensation is $227,224):

    Michael Cotter (Ceo)
  • Compensation: $164,179
  • Related: $26,718
  • Other: $36,327

    • Ian Murray (Head Coach)
  • Compensation: $157,084
  • Related: $0
  • Other: $5,209

    • Gina Cook (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Wheelan (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clarice Wasmuth (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Hudock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Varrone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Entrekein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Stephens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Hennessey (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Chen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Curtis Brison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.dynamoswimclub.com

    Where can I find the form 990 for Dynamo Parents Club Inc?

    The Dynamo Parents Club Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.dynamoswimclub.com

    Learn more at the official website: www.dynamoswimclub.com

    Mission Statement of Dynamo Parents Club Inc

    Dynamo Parents Club Inc, a renowned 18 and under swimming club, is committed to two primary objectives. Firstly, the organization strives to excel in competitive swimming, aiming to set an exceptional example in the USA and beyond. Secondly, Dynamo is dedicated to philanthropy, with a focus on being a leading club in this field as well.

    In pursuing its mission, Dynamo Parents Club Inc aims to achieve two distinct goals. Initially, the club provides water safety instruction and swim lessons to children in the metro Atlanta area. By doing so, it seeks to decrease the occurrence of drowning and foster a love for swimming among the community's young members. In addition, Dynamo Parents Club Inc offers pool space and instruction to various community organizations and individuals requiring a secure environment for aquatic instruction. This aspect of the club's mission reflects its commitment to serving the broader community and addressing its aquatic needs.

    Impact

    This information is meant to be a general summary of Dynamo Parents Club Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Dynamo Parents Club Inc's impact on the community is significant. By pursuing excellence in competitive swimming, they not only develop young athletes but also promote water safety through instruction and swim lessons for children in the metro Atlanta area. Additionally, they provide pool space and instruction for community organizations with aquatic needs, contributing to a safer and more enjoyable swimming environment for all. Dynamo Parents Club Inc's dedication to both competition and philanthropy sets them apart as a model club, making a positive impact not only in Atlanta but also potentially throughout the USA and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $25
  • Program Service Revenue: $1,584,697
  • Gross Receipts: $5,181,881

    • Assets and Liabilities:
  • Total Assets: $4,985,436
  • Total Liabilities: $3,016,365
  • Net Assets: $1,969,071
  • Programs

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

    Instructional Programs

    Revenue

    $1,001,031

    Lane Fees by Participants

    Revenue

    $107,482

    Recreational Swim Fees

    Revenue

    $69,274

    Swim Meets Hosted

    Revenue

    $406,910

    Organization Details

    Founding Year

    1964

    Principal Officer

    Michael Cotter

    Main Address

    3119 Shallowford Road, Atlanta, GA, 30341

    NTEE Category

    Code: N67 - Recreation

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