Civic Intelligence

Coppermine Swim Club Inc

EIN 22-1694150 • 501(c)7 • Bridgewater, NJ

Profile

To construct, operate and maintain a pool and its facilities in order to provide swimming, recreational and social activities.

PO Box 6162Bridgewater, NJ 08807-0162

coppermineswimclub.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2019

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)7 • <$500k nonprofits • Source year 2019

Net Margin

1st percentile

-358032%

Higher net margin than 1% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2019

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)7 • <$500k nonprofits • Source year 2019

Asset Growth

5th percentile

-100%

Faster asset growth than 5% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$0

Down $179,016 (-100%) from 2018

Liabilities

Flat

$0

Flat from 2018

Net Assets

Down

$0

Down $179,016 (-100%) from 2018

Revenue

Down

$50

Down $366,948 (-100%) from 2018

Expenses

Down

$179,066

Down $21,069 (-11%) from 2018

Net Income

Down

-$179,016

Down $345,879 (-207%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2010: $425,687Net Assets 2010: $425,6872010Assets 2011: $414,173Net Assets 2011: $414,1732011Assets 2012: $397,541Net Assets 2012: $397,5412012Assets 2013: $382,025Net Assets 2013: $382,0252013Assets 2014: $377,393Net Assets 2014: $377,3932014Assets 2015: $353,706Net Assets 2015: $353,7062015Assets 2016: $342,074Net Assets 2016: $342,0742016Assets 2017: $330,752Net Assets 2017: $330,7522017Assets 2018: $179,016Liabilities 2018: $0Net Assets 2018: $179,0162018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2019

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2010: $121,414Expenses 2010: $136,860Net Income 2010: -$15,4462010Revenue 2011: $107,761Expenses 2011: $119,275Net Income 2011: -$11,5142011Revenue 2012: $108,265Expenses 2012: $124,893Net Income 2012: -$16,6282012Revenue 2013: $107,093Expenses 2013: $122,609Net Income 2013: -$15,5162013Revenue 2014: $117,199Expenses 2014: $121,832Net Income 2014: -$4,6332014Revenue 2015: $84,743Expenses 2015: $108,430Net Income 2015: -$23,6872015Revenue 2016: $71,899Expenses 2016: $83,530Net Income 2016: -$11,6312016Revenue 2017: $48,744Expenses 2017: $60,066Net Income 2017: -$11,3222017Revenue 2018: $366,998Expenses 2018: $200,135Net Income 2018: $166,8632018Revenue 2019: $50Expenses 2019: $179,066Net Income 2019: -$179,0162019

Highlighted filing

2019

Revenue$50
Expenses$179,066
Net Income-$179,016

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 9, 2020
Return Version
2019v5.0
Gross Receipts
$50
Mission and Program Overview

Mission

To construct, operate and maintain a pool and its facilities in order to provide swimming, recreational and social activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$176,971--
Total Assets$179,016$0▼ $179,016
Other Assets Total$2,045--
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$179,016--
Total Net Assets Fund Balance$179,016$0▼ $179,016
Total Liabilities and Net Assets / Fund Balance$179,016$0▼ $179,016
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kevin HeidenPresident
Anna NunesAt-large
Caitlin LeclercAt-large
Liliana BuksarSecretary
Chris LarsonTreasurer
Vanessa HoppeVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$50
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-179,016
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$179,066
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$8,807--$8,807
Insurance$2,626--$2,626
Fees for Services Accounting-$500-$500
Conferences and Meetings-$430-$430
Other Expenses$199$66,987-$199
All Other Expenses$151$3-$154
Total Functional Expenses$111,146$67,920$0$179,066
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The treasurer reviews a draft with the independant public accountant who prepared the form 990. Subsequently, the treasurer reviews the final draft with the president to secure his approval of the filing.

Form 990, Page 6, Part VI, Line 19

AVAILABLE ON REQUEST

Filing and Contact Details

Filer

Filer Name
Coppermine Swim Club Inc
EIN
22-1694150
Address
PO BOX 6162, BRIDGEWATER, NJ 08807-0162

Signing Officer

Name
Chris Larson
Title
Treasurer
Signed
2020-11-09

Organization Details

Principal Officer
Kevin Heiden
Formed
1970
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Aj Santye & Co Pa
Address
36 E MAIN STREET, SOMERVILLE, NJ 08876
Preparer
Thomas J Dooley CPA
Phone
9087041400
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt4INDIVIDUAL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt5INDIVIDUAL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt6INDIVIDUAL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt7INDIVIDUAL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt8INDIVIDUAL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt9INDIVIDUAL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt10INDIVIDUAL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt11INDIVIDUAL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt12INDIVIDUAL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt13INDIVIDUAL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt14INDIVIDUAL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt15INDIVIDUAL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt16INDIVIDUAL
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt11MARKET
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt12MARKET
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm2ANDREW PIECH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm3ANGELO SCIARRA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm4BRIAN MALONEY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm5CAITLIN LECLERC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm6CHRISTOPHER LARSON
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm7IRENE TIMMERMANN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm8J REED ESTABROOK
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm9KATHERINE PESTRICHELLI
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm10KEVIN HEIDEN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm11LILIANA BUKSAR
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm12MARLENA SCHULTZ
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm13MARY ELLEN DWAYNE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm14TAMMY PICK
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm16WILLIAM HUGELMEYER
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt21035 CARTERET ROAD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt32097 ARBOR WAY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt445 TOTTEN DRIVE
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt612 RUNNING BROOK ROAD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt764 BLAZIER ROAD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt8873 SUNSET RIDGE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt997 REMER STREET
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt104 RUNNING BROOK ROAD
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt162134 WASHINGTON VALLEY ROAD
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IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0THE PROPERTY ON WHICH THE CLUB WAS LOCATED WAS SOLD TO A REAL ESTATE DEVELOPER IN 2018. THE GAIN ON THE SALE OF THE PROPERTY WAS RECOGNIZED ON THE 2018 FORM 990-T FILED BY THE ENTITY AND TAX OF 66,987 WAS PAID ON THAT RETURN. IN 2019 THE ENTITY WOUND UP ITS AFFAIRS AD DISTRIBUTED THE REMAINING CASH TO THE 17 MEMBER FAMILIES. FORMS 1099-B WERE ISSUED TO EACH FAMILY DOCUMENTING THEIR PAYOUT AND THEIR BASIS IN THE PAYOUT. THE RECIPIENTS ARE LISTED ON PAGE 1 OF SCHEDULE N. NO FORMAL ARTICLES OF DISSOLUTION WERE PROMULGATED BY THE BOARD.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N, PAGE 2, PART I, LINE 3
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TREASURER REVIEWS A DRAFT WITH THE INDEPENDANT PUBLIC ACCOUNTANT WHO PREPARED THE FORM 990. SUBSEQUENTLY, THE TREASURER REVIEWS THE FINAL DRAFT WITH THE PRESIDENT TO SECURE HIS APPROVAL OF THE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE ON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalAssetsBOYAmt0179016
IRS990/TotalAssetsEOYAmt00

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