2026-09-21T07:43:55-05:00 2025-08-31 411360831 OLSEN THIELEN & CO LTD 2675 LONG LAKE ROAD ST PAUL MN 55113 990 2024-09-01 411319472 EDINA SWIM CLUB INC EDIN 6125201171 5021 VERNON AVE S 124 EDINA MN 55436 DEREK SCOTT TREASURER 6125201171 2026-09-15 1 0 RYAN VETTRUS CPA P01243596 6514834521 2024 X TERRI THOMPSON 5021 VERNON AVE S 124 EDINA MN 55436 1029449 0 X WWW.EDINASWIM.COM X 1976 MN TO DEVELOP SWIMMERS OF VARIOUS ABILITIES TO ACHIEVE THEIR FULL ATHLETIC POTENTIAL 9 8 36 140 0 0 0 0 914512 941456 17247 3959 9403 84034 941162 1029449 0 10800 0 0 513000 517818 0 0 0 407435 373387 920435 902005 20727 127444 569846 718036 32139 52885 537707 665151 THE EDINA SWIM CLUB PREPARES SWIMMERS OF VARIOUS ABILITIES TO ACHIEVE THE HIGHEST LEVEL OF THE SPORT. EDINA SWIM CLUB COMBINES FUN AND HARD WORK WITHIN A SAFE, HEALTHY, AND POSITIVE ENVIRONMENT THAT PRODUCES LONG-TERM SUCCESS OF ITS ATHLETES IN THE POOL AND AS GOOD CITIZENS. 0 0 703868 10800 953258 EDINA SWIM CLUB (ESC) IS ONE OF APPROXIMATELY 60 MEMBER CLUBS OF THE MINNESOTA CHAPTER OF USA SWIMMING. ESC PROGRAMS INCLUDE GATORS LEVELS I, II, III, AGE GROUP LEVELS PREP, BRONZE, SILVER, GOLD, AND SENIORS, BRONZE, SILVER, GOLD, NATIONAL AND A MASTERS PROGRAM. EDINA SWIM CLUB'S CORE VALUES TAUGHT DURING THE PROGRAMS INCLUDE EXCELLENCE, LOVE OF SWIMMING, SPORTSMANSHIP, TEAMWORK, COMPETITION AND INTEGRITY. 703868 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 36 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 1 0 0 MN X THE ORGANIZATION 6125201171 5021 VERNON AVE S 124 EDINA MN 55436 JEFF RODRIGUEZ CEO/HEAD COACH 40.00 X X 114959 0 2040 TERESA THOMPSON PRESIDENT 0.10 X X 0 0 0 BROOKE ALLOCCO VICE PRESIDENT 0.10 X X 0 0 0 DEREK SCOTT TREASURER 0.10 X X 0 0 0 HANNAH MODY SECRETARY 0.10 X X 0 0 0 JESS WOLF MEMBER-AT-LARGE 0.10 X 0 0 0 LORI MACLACHLAN SECRETARY 0.10 X X 0 0 0 CALEB CRESWELL VOLUNTEER COORDINATOR 0.10 X 0 0 0 SALLY BERRY SOCIAL CHAIR 0.10 X 0 0 0 114959 0 2040 1 0 0 0 0 SWIM REVENUE 713990 700359 700359 HOME AND AWAY MEETS 713990 140662 140662 REGISTRATION FEES 713990 50956 50956 SWIM LESSONS 713990 46750 46750 APPAREL INCOME 900099 2729 2729 941456 3959 3959 998 0 998 998 OTHER REVENUE 900099 83036 83036 83036 1029449 1024492 0 4957 10800 10800 116999 76049 40950 362869 235865 127004 6720 4631 2089 31230 21236 9994 14400 14400 1798 1798 7628 7628 198623 198623 6982 6982 TEAM & MEET EXPENSES 64255 78221 -13966 CREDIT CARD FEES 34410 34410 SWIM LESSON EXPENSES 32110 32110 APPAREL EXPENSE 9304 9304 3877 2619 1258 902005 703868 198137 0 31501 23012 538345 607304 0 87720 569846 718036 32139 52885 32139 52885 X 537707 665151 537707 665151 569846 718036 127444 0 X 0 1 X 0 0 X 187092 54 14 187160 548957 917492 914952 914512 941456 4237369 250 11272 7691 83036 102249 736299 917546 926238 922203 1024492 4526778 0 0 0 4526778 79 34 1585 17247 3959 22904 79 34 1585 17247 3959 22904 605 1712 998 3315 736378 917580 928428 941162 1029449 4552997 0.99420 0.99480 0.00500 0.00470 X 0 OTHER RECEIVABLE 87720 87720 X 1018649 0 1018649 10800 10800 1029449 891205 0 891205 10800 10800 902005 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THEREFORE, THE STATEMENTS DO NOT INCLUDE A PROVISION FOR INCOME TAXES. THE ORGANIZATION REVIEWS INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS TO DETERMINE IF THERE ARE ANY INCOME TAX UNCERTAINTIES. THIS INCLUDES POSITIONS THAT THE ENTITY IS EXEMPT FROM INCOME TAXES OR NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME. THE ORGANIZATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE ORGANIZATION HAS IDENTIFIED NO SIGNIFICANT INCOME TAX UNCERTAINTIES. THE ORGANIZATION FILES INFORMATION RETURNS AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS. THE ORGANIZATION'S FEDERAL AND STATE TAX RETURNS ARE OPEN TO EXAMINATION FOR TAX YEARS 2023 THROUGH 2025. PART XI, LINE 4B - OTHER ADJUSTMENTS: GROSS UP FOR SCHOLARSHIPS/FINANCIAL AID 10,800. PART XII, LINE 4B - OTHER ADJUSTMENTS: GROSS UP FOR SCHOLARSHIPS/FINANCIAL AID 10,800. 0 SCHOLARSHIPS/FINANCIAL AID 4 10800 JEFF RODRIGUEZ CEO/HEAD COACH SEE PART VTHE EDINA SWIM CLUB BOARD OF DIRECTORS RECENTLY DISCOVERED THAT ITS HEAD COACH, A DISQUALIFIED PERSON UNDER INTERNAL REVENUE CODE SECTION 4958, HAD USED AN ORGANIZATION-ISSUED CREDIT CARD TO PAY PERSONAL EXPENSES OVER A PERIOD OF TIME. THE BOARD CONDUCTED A REVIEW OF THE CHARGES AND DETERMINED THE OUTSTANDING BALANCE ATTRIBUTABLE TO PERSONAL EXPENDITURES WAS APPROXIMATELY $78,947 AS OF AUGUST 31, 2025, CONSTITUTING AN EXCESS BENEFIT TRANSACTION, AND THAT THE TOTAL CHARGES BEFORE REPAYMENT HAD EXCEEDED $97,000. UPON DISCOVERY OF THE MATTER, THE BOARD INITIATED A REVIEW, DETERMINED THE AMOUNT OWED TO THE EDINA SWIM CLUB, AND REQUIRED IMMEDIATE REPAYMENT. PRIOR TO THE FILING OF THE FORM 990, THE DISQUALIFIED PERSON FULLY REPAID THE OUTSTANDING BALANCE TOGETHER WITH ALL INTEREST REQUIRED TO CORRECT THE EXCESS BENEFIT TRANSACTION. THE BOARD CONSIDERS THE EXCESS BENEFIT TRANSACTION FULLY CORRECTED WITHIN THE MEANING OF SECTION 4958. FOLLOWING DISCOVERY OF THE MATTER, THE BOARD IMPLEMENTED CORRECTIVE ACTIONS DESIGNED TO STRENGTHEN FINANCIAL OVERSIGHT AND REDUCE THE RISK OF SIMILAR OCCURRENCES IN THE FUTURE, INCLUDING ENHANCED REVIEW AND APPROVAL PROCEDURES RELATING TO ORGANIZATIONAL CREDIT CARD USAGE AND EXPENSE MONITORING. 1 33973 0 FORM 990, PART VI, SECTION A, LINE 6 ALL SWIMMERS PARTICIPATING IN ESC PROGRAMS ARE MEMBERS. VOTING MEMBERS SHALL CONSIST OF UP TO TWO PARENTS OR LEGAL GUARDIANS OF THE ACTIVE SWIMMER. ACTIVE SWIMMERS WHO ARE 18 YEARS OF AGE OR OLDER MAY ALSO BE ESC VOTING MEMBERS FORM 990, PART VI, SECTION A, LINE 7A VOTING MEMBERS OF THE BOARD ELECT THE BOARD OF DIRECTORS ANNUALLY FORM 990, PART VI, SECTION A, LINE 7B ROUTINE OPERATING DECISIONS OF THE CLUB ARE NOT SUBJECT TO APPROVAL BY MEMBERS. CHANGES TO THE BYLAWS OR ARTICLES OF INCORPORATION NEED TO BE APPROVED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S TREASURER AND BUSINESS MANAGER CAREFULLY REVIEW THE DRAFT VERSION OF THE RETURN AND PROVIDE FEEDBACK TO THE CPA FIRM. COPIES OF THE DRAFT ARE FORWARDED ELECTRONICALLY TO BOARD MEMBERS AND THEY ARE ENCOURAGED TO COMMENT BEFORE THE RETURNS ARE FINALIZED. FORM 990, PART VI, SECTION B, LINE 15A ANNUAL REVIEW OF PERFORMANCE AND SUCH TO DETERMINE COMPENSATION. THIS IS PERFORMED BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC DOCUMENTS WILL BE MADE AVAILABLE UPON REQUEST