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Nonprofit · EIN 52-0781544

POTOMAC SWIMMING AND RECREATION ASSOCIATION INC POTOMAC

Tax-exempt · POTOMAC, MD 20854

Financials

$606K$672K2023$914K$669K2024
Revenue Expenses · by fiscal year end
Financials of POTOMAC SWIMMING AND RECREATION ASSOCIATION INC POTOMAC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$914,135$669,354$244,781$2,177,920$2,313,870-$135,950
December 31, 2023990$605,968$672,304-$66,336$1,567,987$1,954,392-$386,405
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$720,621
Investment income
$1,848
Other revenue
$191,666

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,553
Accounting fees
$5,818
Occupancy
$38,448
Depreciation
$132,882

Balance sheet and other

Total assets, start of year
$1,567,987
Total assets, end of year
$2,177,920
Total liabilities, end of year
$2,313,870
Net assets, end of year
-$135,950
Land, buildings and equipment
$1,748,784
Net assets without donor restrictions
-$861,554
Net assets with donor restrictions
$725,604
Gross unrelated business income
$1,848
Gross receipts
$914,135
Employees
0
Volunteers
0
Year formed
1958
State of legal domicile
MD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DAVID BYFORDPRESIDENT
Trustee or director, Officer
3$0
DEB BURGERSECRETARY
Trustee or director, Officer
3$0
LUCY FITCHDIRECTOR - COMMUNICATIONS
Trustee or director
3$0
ANNE MOOREDIRECTOR- TENNIS
Trustee or director
3$0
MARTIN LOTZVICE PRESIDENT
Trustee or director
3$0
SOO JIN PARKDIRECTOR - MEMBERSHIP
Trustee or director
3$0
CHRIS BUGELDIRECTOR - SOCIAL
Trustee or director
3$0
ANDREW ZETTLERDIRECTOR - SWIM AND DIVE TEAM
Trustee or director
3$0
ANDREA HICKMANTREASURER
Trustee or director, Officer
3$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
David ByfordPresident
Trustee or director, Officer
3$0
Deb BurgerSecretary
Trustee or director, Officer
3$0
Lucy FitchDirector - Communications
Trustee or director
3$0
Anne MooreDirector- Tennis
Trustee or director
3$0
Martin LotzVice President
Trustee or director
3$0
Soo Jin ParkDirector - Membership
Trustee or director
3$0
Chris BugelDirector - Social
Trustee or director
3$0
Andrew ZettlerDirector - Swim and Dive Team
Trustee or director
3$0
Andrea HickmanTreasurer
Trustee or director, Officer
3$0

Address and contacts

Address (IRS master file)
10531 OAKLYN DR, POTOMAC, MD 20854-3903
In care of
% QL&A
Principal officer (990 for 2024)
EDWARD SEARS, 10531 OAKLYN DRIVE, POTOMAC, MD 20854
Signed the 990
ANDREA HICKMAN, TREASURER
Phone
(301) 983-0390
Return prepared by
CBIZ ADVISORS LLC

Mission

THE POTOMAC SWIMMING AND RECREATION ASSOCIATION, INC. IS ORGANIZED FOR THE PURPOSE OF OPERATING AND MAINTAINING A SWIMMING POOL AND OTHER RECREATIONAL FACILITIES FOR THE PROMOTION OF THE HEALTH, WELFARE AND PLEASURE OF ITS MEMBERS AND GUESTS.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE AND MAINTAIN SWIMMING AND OTHER RECREATIONAL FACILITIES TO APPROXIMATELY 230 ACTIVE MEMBER FAMILIES AND THEIR GUESTS. ACTIVITIES INCLUDE SWIMMING, DIVING, TENNIS AND SOCIAL PROGRAMS FOR THE BENEFIT OF ASSOCIATION MEMBERS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-0781544
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1964
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,177,920
Income (IRS master file)
$914,135

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$914,135$669,354$2,177,920XML
990December 2023$605,968$672,304$1,567,987XML
990December 2022$667,169$739,893$1,668,192IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-0781544).

Questions about POTOMAC SWIMMING AND RECREATION ASSOCIATION INC POTOMAC

What is the EIN of POTOMAC SWIMMING AND RECREATION ASSOCIATION INC POTOMAC?
The employer identification number (EIN) of POTOMAC SWIMMING AND RECREATION ASSOCIATION INC POTOMAC is 52-0781544.
Is POTOMAC SWIMMING AND RECREATION ASSOCIATION INC POTOMAC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1964.
Are donations to POTOMAC SWIMMING AND RECREATION ASSOCIATION INC POTOMAC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does POTOMAC SWIMMING AND RECREATION ASSOCIATION INC POTOMAC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of POTOMAC SWIMMING AND RECREATION ASSOCIATION INC POTOMAC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did POTOMAC SWIMMING AND RECREATION ASSOCIATION INC POTOMAC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of POTOMAC SWIMMING AND RECREATION ASSOCIATION INC POTOMAC?
The 990 for the year ended December 31, 2024 names EDWARD SEARS.
Who are the officers and directors of POTOMAC SWIMMING AND RECREATION ASSOCIATION INC POTOMAC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does POTOMAC SWIMMING AND RECREATION ASSOCIATION INC POTOMAC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $914,135, expenses of $669,354 and total assets of $2,177,920 at year end.

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