2024-06-20T15:46:41-05:00 2023-06-30 362170602 WARADY & DAVIS LLP 1717 DEERFIELD RD SUITE 300S DEERFIELD IL 60015 990 2022-08-01 362852081 HINSDALE SWIM CLUB HINS 6308878319 PO BOX 126 HINSDALE IL 60522 SARAH CHASE PRESIDENT 6308878319 2024-06-20 1 SARAH CHASE 999009999 1 CHRISTOPHER STRAUB P01278490 8472679600 2024-06-20 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SARAH CHASE PO BOX 126 HINSDALE IL 60522 1274843 0 X WWW.THEHINSDALESWIMCLUB.COM X 1958 IL DEDICATED TO THE IMPROVEMENT AND PROGRESS OF COMPETITIVE SWIMMING. HINSDALE SWIM CLUB ASSISTS IN PROVIDING FACILITIES, TRAINING, AND ENCOURAGEMENT FOR BOYS AND GIRLS IN THIS AREA AND FURTHERS INTEREST AND EDUCATION OF CHILDREN AND PARENTS IN COMPETITIVE AQUATIC SPORTS. THE HINSDALE SWIM CLUB ENCOURAGES THE DEVELOPMENT OF GOOD SPORTSMANSHIP, INDIVIDUAL INTEGRITY, AND TEAM PLAY. 8 8 30 300 0 0 500 79 1254815 1274752 32 12 0 0 1255347 1274843 0 0 0 0 497355 545213 0 0 0 731083 686206 1228438 1231419 26909 43424 252378 301051 46943 52193 205435 248858 X DEDICATED TO THE IMPROVEMENT AND PROGRESS OF COMPETITIVE SWIMMING. THE CLUB (HSC) ASSISTS IN PROVIDING FACILITIES, TRAINING, AND ENCOURAGEMENT FOR BOYS AND GIRLS IN THIS AREA AND FURTHERS INTEREST AND EDUCATION OF CHILDREN AND PARENTS IN COMPETITIVE AQUATIC SPORTS. THE HINSDALE SWIM CLUB ENCOURAGES THE DEVELOPMENT OF GOOD SPORTSMANSHIP INDIVIDUAL INTEGRITY AND TEAMPLAY. 0 0 1157731 1274752 HINSDALE SWIM CLUB ("HSC") SERVED APPROXIMATELY 375 SWIMMERS IN FY 2023. OUR CLUB HOSTED 5 MEETS, 1 OF WHICH WAS AN INTRA SQUAD MEET JUST FOR HSC SWIMMERS. THIS IS SIMILAR TO A NORMAL HOSTED MEET SCHEDULE FOR OUR CLUB. ADDITIONAL MEETS HOSTED BY OTHER TEAMS, INCLUDING CHAMPIONSHIP MEETS, WERE SCHEDULED AND RUN AS NORMAL. 1157731 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 30 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 IL X KRISTEN FRANDSEN 8479422773 PO BOX 126 HINSDALE IL 60522 SARAH CHASE PRESIDENT 2.00 X X 0 0 0 KRISTEN FRANDSEN PAST PRESIDENT/DIRECTOR OF 2.00 X X 20417 0 0 TIM RYLANDER VICE PRESIDENT 2.00 X X 0 0 0 SCOTT ERDMAN HEAD COACH 40.00 X 107637 0 0 VINCE ALLEGRA MEMBER AT LARGE 2.00 X 0 0 0 STEVE TREADWELL TREASURER 2.00 X X 0 0 0 BECKY SCHREIBER SECRETARY 2.00 X X 0 0 0 MIKE CAPPELLO MEMBER AT LARGE 2.00 X 0 0 0 CAROLEE HARRIS MEMBER AT LARGE 2.00 X 0 0 0 MIKE APPLE MEMBER AT LARGE 2.00 X 0 0 0 128054 0 0 1 0 0 0 0 79 79 MEMBERSHIP DUES 711300 833701 833701 OTHER MEETS AND CLINIC 711300 256547 256547 HOSTED SWIM MEET 711300 177062 177062 SPONSORSHIP 541800 5241 5241 AWARD EVENT 711300 2201 2201 1274752 12 12 1274843 1274752 0 12 131594 98594 33000 375975 375975 37644 35152 2492 12500 12500 2514 2514 2055 2055 6726 3749 2977 2388 2388 150318 150318 4454 2398 2056 POOL AND EQUIPMENT RENT 245257 245257 SWIM MEET FEES 208225 208225 TRAINING & DEVELOPMENT 22188 19818 2370 CLOTHING & SWIMWEAR 13602 13602 15979 4643 11336 1231419 1157731 73688 0 149331 251808 103047 49243 252378 301051 46943 52193 46943 52193 X 205435 248858 205435 248858 252378 301051 43424 -1 0 X X 0 1 X 1 0 X 490710 535198 796329 500 79 1822816 233058 299754 1254815 1274752 3062379 490710 768256 1096083 1255315 1274831 4885195 0 0 0 4885195 9936 1115 323 32 12 11418 9936 1115 323 32 12 11418 2773 4020 6793 500646 772144 1100426 1255347 1274843 4903406 0.99630 0.99470 0.00230 0.00360 X PART III, SHORT YEAR EXPLANATION: THE ORGANIZATION CHANGED ITS FISCAL YEAR END TO JUNE 30TH. AS SUCH, THIS IS A SHORT YEAR RETURN. 0 X 1274843 0 1274843 0 1274843 1231419 0 1231419 0 1231419 PART X, LINE 2: HSC FOLLOWS THE GUIDANCE IN THE FASB CODIFICATION TOPIC RELATED TO UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR RECOGNIZING, MEASURING, PRESENTING AND DISCLOSING IN THE FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT THE CLUB HAS TAKEN OR EXPECTS TO TAKE IN ITS TAX RETURNS. UNDER THE GUIDANCE, HSC MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS "MORE LIKELY THAN NOT" THAT IT IS SUSTAINABLE, BASED ON ITS TECHNICAL MERITS. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION SHOULD BE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH A TAXING AUTHORITY HAVING FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. MANAGEMENT BELIEVES THAT THE CLUB HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS RETURNS. FORM 990, PART VI, SECTION A, LINE 8B THERE WAS NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE REVIEWS THE FORM 990 IN DETAIL AND MAKES A RECOMMENDATION TO THE FULL BOARD OF DIRECTORS TO APPROVE THE FILING OF FORM 990. EACH MEMBER OF THE BOARD OF DIRECTORS IS PROVIDED A COPY PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.