Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 93-0852551

LAKE OSWEGO SWIM CLUB

Tax-exempt · LAKE OSWEGO, OR 97035

Financials

$926K$905K2023$923K$850K2024
Revenue Expenses · by fiscal year end
Financials of LAKE OSWEGO SWIM CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$923,329$850,239$73,090$457,691$211$457,480
December 31, 2023990$926,317$905,481$20,836$333,545-$20,021$353,566
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$616,291
Membership dues
$616,291
Program service revenue
$187,594
Investment income
$2,926
Net income from fundraising events
$115,740
Other revenue
$116,518

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$137,363
Other salaries and wages
$281,649
Salaries, compensation and benefits (total)
$490,631
Professional fundraising fees
$0
Travel
$37,470
Program services (functional)
$832,039
Management and general (functional)
$18,200

Balance sheet and other

Total assets, start of year
$333,545
Total assets, end of year
$457,691
Total liabilities, end of year
$211
Net assets, end of year
$457,480
Gross receipts
$956,599
Employees
19
Volunteers
225
Year formed
1979
State of legal domicile
OR

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
Emily MelinaHead Coach
Trustee or director, Highest-paid employee
40$137,363
Rick VailPresident
Trustee or director, Officer
6$0
Lonnie SextonVice President
Trustee or director, Officer
4$0
Chris NanceTreasurer
Trustee or director, Officer
4$0
Vacant PositionSecretary
Trustee or director, Officer
0$0
Sunny BurdenWays and Means
Trustee or director
3$0
Danielle GrubeMembership
Trustee or director
4$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Emily MelinaHead Coach
Trustee or director, Highest-paid employee
40$139,300
Lonnie SextonAccounts Payable
Trustee or director
4$0
Vacant PositionCommunications
Trustee or director
0$0
Matt WroblewskiSwim Meet Director
Trustee or director
4$0
Sunny BurdenWays and Means
Trustee or director
3$0
Emily YipTreasurer
Trustee or director, Officer
4$0
Grace YoonVice President
Trustee or director, Officer
4$0
Rick VailPresident
Trustee or director, Officer
6$0
Vacant PositionSecretary
Trustee or director, Officer
0$0

Address and contacts

Address (IRS master file)
19342 RIVERWOOD LN, LAKE OSWEGO, OR 97035-1318
In care of
% RICK VAIL
Principal officer (990 for 2024)
Rick Vail, PO Box 1103, Lake Oswego, OR 97035
Signed the 990
RICK VAIL, President
Phone
(503) 412-8197
Return prepared by
Abbot Tax Service Inc

Mission

Lake Oswego Swim Club (LOSC) is a nationally recognized, competitive swim program providing swimmers the opportunity to achieve their highest potential. LOSC promotes the physical fitness and character building through individual growth in an inclusive, flexible team environment.

990 for the year ended December 31, 2024

Program accomplishments

  • Lake Oswego Swim Club (LOSC) is a nationally recognized, competitive swim program that provides swimmers the opportunity to achieve their highest potential as both a person and an athlete. LOSC aims to serve swimmers throughout their youth swimming career. For novice swimmers, who are not ready for the rigors of competition , LOSC provides a swimming fundamentals training designed to teach beginners how to safely enjoy the water and to prepare them to participate in competitive swimming. In 2024, LOSC trained over 200 swimmers each month, from 6 year -old novice swimmers to competitive high school swimmers. LOSC athletes were represented at swim meets of all levels across the country state, regional and national championship meets.
    Expenses $832,039 · revenue $807,589

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
93-0852551
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1986
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$457,691
Income (IRS master file)
$956,599

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$923,329$850,239$457,691IRS
990December 2023$926,317$905,481$333,545XML
990December 2022$781,614$859,195$314,287IRS
990December 2021–––IRS
990December 2020–––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 93-0852551).

Questions about LAKE OSWEGO SWIM CLUB

What is the EIN of LAKE OSWEGO SWIM CLUB?
The employer identification number (EIN) of LAKE OSWEGO SWIM CLUB is 93-0852551.
Is LAKE OSWEGO SWIM CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to LAKE OSWEGO SWIM CLUB tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAKE OSWEGO SWIM CLUB 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 LAKE OSWEGO SWIM CLUB 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 LAKE OSWEGO SWIM CLUB 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 LAKE OSWEGO SWIM CLUB?
The 990 for the year ended December 31, 2024 names Rick Vail.
Who are the officers and directors of LAKE OSWEGO SWIM CLUB?
The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $137,363 (Emily Melina, Head Coach).
How much revenue does LAKE OSWEGO SWIM CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $923,329, expenses of $850,239 and total assets of $457,691 at year end.

Other nonprofits in LAKE OSWEGO

All nonprofits in LAKE OSWEGO · Oregon