Nonprofit · EIN 56-0843555
LAKEMONT SWIM CLUB INC
Tax-exempt · RALEIGH, NC 27609
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $321,205 | $271,643 | $49,562 | $918,066 | $387,221 | $530,845 |
| September 30, 2024 | 990 | $298,554 | $254,847 | $43,707 | $915,588 | $434,305 | $481,283 |
| September 30, 2023 | 990 | $426,754 | $257,843 | $168,911 | $989,409 | $551,833 | $437,576 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $285,667
- Membership dues
- $284,215
- Program service revenue
- $25,715
- Investment income
- $4
- Net income from sales of inventory
- $6,669
- Other revenue
- $9,819
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $8,750
- Salaries, compensation and benefits (total)
- $9,477
- Professional fundraising fees
- $0
- Accounting fees
- $5,300
- Occupancy
- $15,601
- Depreciation
- $25,838
Balance sheet and other
- Total assets, start of year
- $915,588
- Total assets, end of year
- $918,066
- Total liabilities, end of year
- $387,221
- Net assets, end of year
- $530,845
- Land, buildings and equipment
- $834,215
- Net assets without donor restrictions
- $530,845
- Gross receipts
- $331,191
- Employees
- 4
- Volunteers
- 10
- Year formed
- 1964
- State of legal domicile
- NC
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MORGAN MCKAY | PRESIDENT Trustee or director, Officer | 3 | $0 |
| JANELLE BALDWIN | VICE PRESIDENT Trustee or director, Officer | 3 | $0 |
| BENJAMIN STARR | TREASURER Trustee or director, Officer | 3 | $0 |
| CATHLEEN BERRY | SECRETARY Trustee or director, Officer | 3 | $0 |
| JESSE NAGEL | DIRECTOR Trustee or director | 3 | $0 |
| CLAY THOMPSON | DIRECTOR Trustee or director | 3 | $0 |
| JOSEPH COLANDRO | DIRECTOR Trustee or director | 3 | $0 |
| VIC VIJAYAKUMAR | DIRECTOR Trustee or director | 3 | $0 |
| EMILY WILSON | DIRECTOR Trustee or director | 3 | $0 |
| MICHAEL YORK | DIRECTOR Trustee or director | 3 | $0 |
990 for the year ended September 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MORGAN MCKAY | PRESIDENT Trustee or director, Officer | 3 | $0 |
| JANELLE BALDWIN | VICE PRESIDENT Trustee or director, Officer | 3 | $0 |
| BENJAMIN STARR | TREASURER Trustee or director, Officer | 3 | $0 |
| CATHLEEN BERRY | SECRETARY Trustee or director, Officer | 3 | $0 |
| CHARLES ROBINSON | DIRECTOR Trustee or director | 3 | $0 |
| JENNIFER JONES | DIRECTOR Trustee or director | 3 | $0 |
| EVAN FITZGERALD | DIRECTOR Trustee or director | 3 | $0 |
| JOSEPH COLANDRO | DIRECTOR Trustee or director | 3 | $0 |
| EMILY WILSON | DIRECTOR Trustee or director | 3 | $0 |
| MICHAEL YORK | DIRECTOR Trustee or director | 3 | $0 |
990 for the year ended September 30, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN LAMBRAKIS | PRESIDENT Trustee or director, Officer | 3 | $0 |
| EMILY CAREY | VICE PRESIDENT Trustee or director, Officer | 3 | $0 |
| BRETT DANAFORTH | TREASURER Trustee or director, Officer | 3 | $0 |
| CATHLEEN BERRY | SECRETARY Trustee or director, Officer | 3 | $0 |
| AMANDA SCHNEIDER | DIRECTOR Trustee or director | 3 | $0 |
| MORGAN MCKAY | DIRECTOR Trustee or director | 3 | $0 |
| BEN STARR | DIRECTOR Trustee or director | 3 | $0 |
| JOE COLANDRO | DIRECTOR Trustee or director | 3 | $0 |
| MOLLY BEAVERS | DIRECTOR Trustee or director | 3 | $0 |
| JANELLE BALDWIN | DIRECTOR Trustee or director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 409 HARVARD ST, RALEIGH, NC 27609-5901
- In care of
- % CHIP TAYLOR
- Principal officer (990 for 2024)
- MORGAN MCKAY, 409 HARVARD STREET, RALEIGH, NC 27609
- Signed the 990
- BEN STARR, TREASURER
- Phone
- (919) 782-4755
- Website
- WWW.LAKEMONTPOOL.COM
- Return prepared by
- DEAN DORTON ALLEN FORD PLLC
Mission
TO PROVIDE RECREATIONAL ACTIVITIES TO MEMBERS INCLUDING SWIMMING, TENNIS, BASKETBALL AND AN OUTDOOR GRILLING PAVILLION AND GAZEBO.
Program accomplishments
- PROVIDED RECREATIONAL ACTIVITITES TO 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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 56-0843555
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1965
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $918,066
- Income (IRS master file)
- $331,191
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $321,205 | $271,643 | $918,066 | XML |
| 990 | September 2024 | $298,554 | $254,847 | $915,588 | XML |
| 990 | September 2023 | $426,754 | $257,843 | $989,409 | XML |
| 990 | September 2022 | $257,761 | $173,764 | $322,128 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990-EZ | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | 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 56-0843555).
Questions about LAKEMONT SWIM CLUB INC
- What is the EIN of LAKEMONT SWIM CLUB INC?
- The employer identification number (EIN) of LAKEMONT SWIM CLUB INC is 56-0843555.
- Is LAKEMONT SWIM CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1965.
- Are donations to LAKEMONT SWIM CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LAKEMONT SWIM CLUB INC 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 LAKEMONT SWIM CLUB INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKEMONT SWIM CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of LAKEMONT SWIM CLUB INC?
- The 990 for the year ended September 30, 2025 names MORGAN MCKAY.
- Who are the officers and directors of LAKEMONT SWIM CLUB INC?
- The 990 for the year ended September 30, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does LAKEMONT SWIM CLUB INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $321,205, expenses of $271,643 and total assets of $918,066 at year end.
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