TY 2019 Form 990

(A)
Name and title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W-2/1099-MISC)

(E)
Reportable compensation from related organizations (W-2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) JON PROVOST......................................................................
PRESIDENT

2.00
.................
0.00

(2) JULIA HUNT......................................................................
VICE-PRESIDENT

2.00
.................
0.00

(3) KATHERINE SWAIN......................................................................
TREASURER

3.00
.................
0.00

(4) LAURA OATES......................................................................
SECRETARY

2.00
.................
0.00

(5) JASON BURNS......................................................................
DIRECTOR

1.00
.................
0.00

(6) BILLIE HILLIARD......................................................................
DIRECTOR

1.00
.................
0.00

(7) CHARLES SMITH......................................................................
DIRECTOR

1.00
.................
0.00

(8) COLETTE QUINLLVAN......................................................................
DIRECTOR

1.00
.................
0.00

(9) LYNN HILL......................................................................
DIRECTOR

1.00
.................
0.00

(10) PAUL BURKE......................................................................
DIRECTOR

1.00
.................
0.00

(A)
Name and title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W-2/1099-MISC)

(E)
Reportable compensation from related organizations (W-2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet

	(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ...	2d


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	35,454
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................	2e
3	Subtract line 2e from line 1..................	3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................	4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................	2e
3	Subtract line 2e from line 1...................	3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................	4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization

CARY SWIM CLUB

Employer identification number

56-0844651

Return Reference	Explanation
Members or stockholder classes and rights Part VI line 6	ONCE A YEAR AT THE ANNUAL MEETING AND ALL MEMBERS HAVE ONE VOTE (PER FAMILY UNIT OF MEMBERSHIP) FOR FOUR OR MORE OPEN DIRECTOR POSITIONS. THE BOARD OF DIRECTORS THEN ELECT THE OFFICERS.
Governing body decisions Part VI line 7b	THE BOARD OF DIRECTORS MUST BRING FINANCIAL DECISIONS OF TAKING OUT LOANS FOR MORE THAN 1/3 OF OUR BUDGET UP BEFORE THE MEMBERS. THIS CAN BE AT THE ANNUAL MEEETING OR AT A SPECIALLY CALLED MEMBER MEETING.
Governing body meeting documentation Part VI line 8a	THE BOARD OF DIRECTORS HAS MEETING MINUTES DISTRIBUTED AND REVIEWED BY THE BOARD MEMBERS. THEY ARE AVAILBLE TO MEMBERS UPON REQUEST.
Committee meeting documentation Part VI line 8b	THE SWIM TEAM COMMITTEE HAS MEETING MINUTES. ALL OTHER COMMITTEES ARE STRUCTURED TO DO WORK OR PROVIDE INPUT TO THE FULL BOARD FOR A DECISION.
Form 990 governing body review Part VI line 11	THE BOARD OF DIRECTORS RECEIVED A COPY OF THE 990 FOR THIER REVIEW. QUESTIONS AND CONCERNS WERE DISCUSSED AT A BOARD MEETING, BEFORE SENDING. IF 990 REQUIRED CHANGES THEY WERE DONE AND THE 990 RESENT TO THE BOARD.
Officer director etc mailing address Part VI line 9	ALL OFFICERS CAN RECIEVE MAIL AT THE POST OFFICE MAILING ADDRESS.
Conflict of interest policy compliance Part VI line 12c	EACH YEAR EACH BOARD MEMBER IS REQUIRED TO SIGN A CONFLICT OF INTEREST COMPLIANCE TO OUR POLICY.
CEO executive director top management comp Part VI line 15a	NO COMPENSATION FOR THE BOARD PRESIDENT
Other officer or key employee compensation Part VI line 15b	THE SWIM TEAM COMMITTEE DETERMINES THE PAY RATE FOR THE HEAD COACH AND ALL ASSITANT COACHES.
Form 990 availability to public Part VI line 18	WE ARE NOT A PUBLIC ASSOCIATION, THE RETURN WOULD BE AVAILABLE TO A MEMBER UPON REQUEST.
Governing documents etc available to public Part VI line 19	THE COVERNING DOCUMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST. THE BOARD WOULD NEED TO DECIDE IF THE DOCUMENTS COULD BE SEEN BY THE PUBLIC, BUT IT SEEMS THAT IT WOULD BE POSSIBLE WITH A REQUEST.
Estimate of average hours per week devoted to related organizations Part VII Col B	THE HOURS ARE ESTIMATES FOR BOARD RELATED EFFORTS. ALL BOARD MEMBERS ALSO PRATICIPATE AND GIVE TIME TO DIFFERENT ACTIVITES THOSE HOURS ARE NOT IN THE THOSE ESTIMATES BECAUSE THEY ONLY OCCUR DURING THE SUMMER.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2019

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: PROMOTE SWIMMING AND TENNIS WHILE PROVIDING A FACILITY FOR MEMBERS.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	12
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	12
5	Total number of individuals employed in calendar year 2019 (Part V, line 2a) ......	5	10
6	Total number of volunteers (estimate if necessary) .............	6	40
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 39 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........		191,364
9	Program service revenue (Part VIII, line 2g) .........	292,220	0
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....		94
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)		0
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	292,220	191,458
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...		0
14	Benefits paid to or for members (Part IX, column (A), line 4).....		0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	17,225	12,289
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....		0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	260,072	149,708
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	277,297	161,997
19	Revenue less expenses. Subtract line 18 from line 12.......	14,923	29,461
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	551,249	560,296
21	Total liabilities (Part X, line 26).............	172,107	151,693
22	Net assets or fund balances. Subtract line 21 from line 20.....	379,142	408,603

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 161,997 including grants of $ ) (Revenue $ 191,458 )
	PROVIDED RECREATIONAL AND COMPETITIVE SWIMMING, AND TENNIS ACTIVITES FOR MEMBERS AND SWIM LESSONS FOR MEMBERS AND NEIGHBORHOOD CHILDREN.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses161,997

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	0	0	0

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization

1a	Federated campaigns..		1a
b	Membership dues..		1b	191,364
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e

f	All other contributions, gifts, grants, and similar amounts not included above		1f

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		191,364

		Business Code
2a	MEMBER DUES ASSOCIATED	611600
b
c
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....

3 Investment income (including dividends, interest, and othersimilar amounts) ......			94	94
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents			6a
b	Less: rental expenses			6b
c	Rental income or (loss)			6c
d	Net rental income or (loss).......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory			7a
b	Less: cost or other basis and sales expenses			7b
c	Gain or (loss)			7c
d	Net gain or (loss).........
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See instructions.....			191,458	94	0	0

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	11,320	11,320
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......
10	Payroll taxes ...........	969	969
11	Fees for services (non-employees):
a	Management ......
b	Legal .........
c	Accounting ...........
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)
12	Advertising and promotion ....
13	Office expenses .......	2,453	2,453
14	Information technology ......
15	Royalties ..
16	Occupancy ...........
17	Travel ............
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....
20	Interest ...........	6,419	6,419
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	13,185	13,185
23	Insurance ...	10,076	10,076
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	UTILITIES	10,738	10,738
b	POOL MANAGEMENT	60,896	60,896
c	SITE OPERATIONS MAINTENANCE	20,510	20,510
d	TAXES & PERMITS	12,431	12,431
e	All other expenses	13,000	13,000
25	Total functional expenses. Add lines 1 through 24e	161,997	161,997	0	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			34,651	1	65,819
2	Savings and temporary cash investments .........			50,000	2	50,094
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............				4
5	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............				8
9	Prepaid expenses and deferred charges ......				9
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	902,023
b	Less: accumulated depreciation	10b	457,640	466,598	10c	444,383
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........				15
16	Total assets. Add lines 1 through 15 (must equal line 33)...			551,249	16	560,296

17	Accounts payable and accrued expenses .....		17
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..	135,386	23	116,239
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	36,721	25	35,454
26	Total liabilities. Add lines 17 through 25..	172,107	26	151,693

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	379,142	27	408,603
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	379,142	32	408,603
33	Total liabilities and net assets/fund balances ........	551,249	33	560,296

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

1a	Land .....	322,059		322,059
b	Buildings ....	184,110	184,110
c	Leasehold improvements	395,854	273,530	122,324
d	Equipment ....
e	Other .....
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				444,383

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(B)
(C)
(D)
(E)
(F)
(G)
(H)
(I)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)