WALTER SCHROEDER AQUATIC CENTER LTD

Address
9240 N GREEN BAY RD
BROWN DEER, WI 53209
Contact
Phone: +1 (414) 357-2825
Nonprofit
NTEE: N30 - Physical Fitness and Community Recreational Facilities
EIN: 33-1195220

Mission

TO SECURE WALTER SCHROEDER AQUATIC CENTER(WASC) FOR FUTURE GENERATIONS OF COMPETITIVE AQUATIC PARTICIPANTS IN METROPOLITAN MILWAUKEE, WISCONSIN AND MIDWEST REGION.
 201620152014
Basic features of the organization
Year of formation2007
Subsection501(c)(3)
Organization typeCorporation
Metropolitan statistical area5082
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$92,000.00$140,000.00$140,000.00
Sum of reportable (W2/1099) compensation$92,000.00$140,000.00$140,000.00
Number of employees777775
Number of people compensated >$100k000
Number of volunteers 56
Number of highly compensated contractors000
Personnel
Anderson, David
TitlePresidentPresidentPresident
Name of key/compensated personDAVID ANDERSONDAVID ANDERSONDAVID ANDERSON
Average hours per week working for org40.0040.0040.00
Reportable compensation from org$46,000.00$70,000.00$70,000.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.00
Irgens, Mark
TitleDirectorDirectorDirector
Name of key/compensated personMARK IRGENSMARK IRGENSMARK IRGENS
Average hours per week working for org0.000.000.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.00
Miller, Matt
Title Vice PresidentVice President
Name of key/compensated person MATT MILLERMATT MILLER
Average hours per week working for org 40.0040.00
Reportable compensation from org $70,000.00$70,000.00
Other comp, non-reportable, from org and related orgs $0.00$0.00
Position Individual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00
Average hours per week working for related orgs 0.000.00
Miller, Matthew
TitleVice President  
Name of key/compensated personMATTHEW MILLER  
Average hours per week working for org40.00  
Reportable compensation from org$46,000.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionIndividual trustee or director, Officer  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Average hours per week working for related orgs0.00  
Mohr, Jim
TitleDirectorDirectorDirector
Name of key/compensated personJIM MOHRJIM MOHRJIM MOHR
Average hours per week working for org0.000.000.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.00
Purpose: mission, activities & accomplishments
Mission or significant activitiesTO SECURE WALTER SCHROEDER AQUATIC CENTER(WASC) FOR FUTURE GENERATIONS OF COMPETITIVE AQUATIC PARTICIPANTS IN METROPOLITAN MILWAUKEE, WISCONSIN AND MIDWEST REGION.Walter Schroeder Aquatic Center, Ltd.'s primary mission is to secure the Walter Schroeder Aquatic Center (WSAC)for future generations of competitive aquatic participants in metropolitan Milwaukee, Wisconsin and the Midwest region.Walter Schroeder Aquatic Center, Ltd.'s primary mission is to secure the Walter Schroeder Aquatic Center (WSAC)for future generations of competitive aquatic participants in metropolitan Milwaukee, Wisconsin and the Midwest region.
Program expenses (total)$1,152,007.00$1,149,983.00$1,123,280.00
Programs, including revenue & expenses
WALTER SCHROEDER AQUATIC CENTER(WASC) HOSTS A VARIETY OF SWIMMING AND DIVING COMPETITIONS DESIGNED TO PROMOTE HEALTHY LIFESTYLES AND COMMUNITY PRIDE. THE ORGANIZATION OFFERS DIVING AND WATER FITNESS CLASSES DESIGNED TO PROVIDE EDUCATION, SUPPORT AND ENRICHMENT TO WALTER SCHROEDER AQUATIC CENTER MEMEBRS.
Program expenses$1,152,007.00$1,149,983.00$1,123,280.00
Program revenue$1,095,896.00$1,241,794.00$1,172,907.00
Program descriptionWALTER SCHROEDER AQUATIC CENTER(WASC) HOSTS A VARIETY OF SWIMMING AND DIVING COMPETITIONS DESIGNED TO PROMOTE HEALTHY LIFESTYLES AND COMMUNITY PRIDE. THE ORGANIZATION OFFERS DIVING AND WATER FITNESS CLASSES DESIGNED TO PROVIDE EDUCATION, SUPPORT AND ENRICHMENT TO WALTER SCHROEDER AQUATIC CENTER MEMEBRS.Walter Schroeder Aquatic Center, Ltd. hosts a variety of swimming and diving competitions designed to promote healthy lifestyles and community pride. The organization offers diving and water fitness classes designed to provide education, support and enrichment to Walter Schroeder Aquatic Center members.Walter Schroeder Aquatic Center, Ltd. hosts a variety of swimming and diving competitions designed to promote healthy lifestyles and community pride. The organization offers diving and water fitness classes designed to provide education, support and enrichment to Walter Schroeder Aquatic Center members.
Financial data
Expense categories (totals)
Sum (total functional expenses)$1,272,927.00$1,365,898.00$1,328,571.00
Program services (total functional expenses)$1,152,007.00$1,149,983.00$1,123,280.00
Management & general (total functional expenses)$120,920.00$162,905.00$154,330.00
Fundraising (total functional expenses)$0.00$53,010.00$50,961.00
Revenue
Total revenue$1,159,823.00$1,292,356.00$1,243,539.00
Program service revenue (total)$1,094,503.00$1,241,794.00$1,172,907.00
Revenue from contributions (total)$1,393.00$17,224.00$36,478.00
Investment income$63,927.00$33,338.00$34,154.00
Total unrelated business revenue$0.00$0.00$0.00
Other revenue, current yr$0.00$0.00$0.00
Total revenue from grants, etc., current yr$1,393.00$17,224.00$36,478.00
Gross receipts$1,159,823.00$1,292,356.00$1,243,539.00
Sources of contributions
Revenue from all other contributions$1,393.00$17,224.00$36,478.00
Other types of revenue
Royalties (total)$0.00$0.00$0.00
Miscellaneous revenue (total)$0.00$0.00$0.00
Net revenue from gaming (total)$0.00$0.00$0.00
Income from dividends, interest, and similar investments$63,927.00$33,338.00$34,154.00
Net rental income$0.00$0.00$0.00
Net income from fundraising events$0.00$0.00$0.00
Net inventory sales (total)$0.00$0.00$0.00
Fees for services
Lobbying fees (total)$0.00$0.00$0.00
Legal fees (total)$0.00$3,300.00$4,109.00
Fundraising service fees (total)$0.00$0.00$0.00
General management fees (total)$0.00$0.00$0.00
Investment management fees (total)$0.00$0.00$0.00
Accounting service fees (total)$0.00$6,673.00$4,782.00
Assets and liabilities
Total assets$2,173,213.00$2,408,480.00$2,425,043.00
Total assets, beginning of year$2,408,481.00$2,425,043.00$2,523,387.00
Total liabilities$722,247.00$906,097.00$849,118.00
Total liabilities, beginning of year$906,098.00$849,118.00$844,143.00
Pledges & accounts receivable, net$117,500.00$117,500.00$117,500.00
Loans & receivables from key persons$0.00$0.00$0.00
Temporarily restricted net assets$117,500.00$117,500.00$117,500.00
Permanently restricted net assets, end of yr$914,010.00$914,010.00$914,010.00
Net assets$1,450,966.00$1,502,383.00$1,575,925.00
Net assets, beginning of year$1,502,383.00$1,575,925.00$1,679,244.00
Other liabilities$715,169.00  
Intangible assets$0.00$0.00$0.00
Other assets$746,862.00$928,952.00$895,613.00
Investments: other securities$0.00$0.00$0.00
Investments: publicly traded securities$0.00$0.00$0.00
Cash: non-interest bearing$72,269.00$43,619.00$107,817.00
Cash: non-interest bearing, beginning of year$43,619.00$107,817.00$126,069.00
Investments: program-related$0.00$0.00$0.00
Inventories for sale or use$0.00$0.00$0.00
Other financial variables
Revenue less expenses-$113,104.00-$73,542.00-$85,032.00
Advertising (total)$1,097.00$0.00$741.00
Savings & temp cash investment$0.00$0.00$0.00
Accounts receivable, net$0.00$0.00$0.00
Prepaid expenses & deferred charges$0.00$0.00$0.00
Accounts payable & accrued expenses$7,078.00$173,823.00$122,114.00
Secured mortgages and notes payable $732,274.00$727,004.00
Total net assets or fund balances$1,450,966.00$1,502,383.00$1,575,925.00
Depreciation, depletion, amortization$85,088.00$88,348.00$93,386.00
Payment to affiliates$0.00$0.00$0.00
Governance and accountability
Number of voting members333
Number of independent voting members111
Tax year start date2016-01-012015-01-012014-01-01
Tax year end date2016-12-312015-12-312014-12-31
Accounting methodAccrualAccrualAccrual
Metadata about the filing
E-return type990990990
Date e-filing submitted2018-01-092017-03-282015-09-16
IRS schema version2016v3.02015v2.02014v5.0
Filing identifier201743199349311344201613209349312041201512239349301456
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