Overview
What is National Basketball Retired Players Association Inc?
The National Basketball Retired Players Association Inc, located at 444 N Michigan Ave 2700, Chicago, IL 60611, is a 501(c)(3) non-profit organization with a two-fold mission. Their primary focus is to aid former NBA, ABA, Harlem Globetrotters, and WNBA players in their transition from professional basketball to life beyond the court. Simultaneously, they strive to positively influence communities and young individuals through basketball. This charitable organization provides assistance and support to its members, while also utilizing the power of basketball to make a positive impact in various communities. The association boasts a team of 9 dedicated individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The National Basketball Retired Players Association Inc has received a Three-Star rating from Charity Navigator, indicating a good performance in accountability and finance. With an overall score of 82%, the organization demonstrates a strong adherence to financial oversight, showcasing no material diversion of assets and robust policies regarding conflict of interest and whistleblower protections.
Strengths of the organization include a high program expense ratio of 85.05%, signifying that a significant portion of its spending directly supports its programs. Additionally, the charity has achieved a fundraising efficiency ratio of $0.00, which reflects effective fundraising practices without incurred costs. The low liabilities to assets ratio of 2.44% further signifies sound financial health.
While the overall financial practices are commendable, the charity operates with a Three-Star rating, which suggests there is room for improvement in transparency or impact metrics to achieve higher recognition. Stakeholders may want to consider these areas for enhancement in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is National Basketball Retired Players Association Inc legitimate?
National Basketball Retired Players Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Basketball Retired Players Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $307,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $608,255
For more financial information, click here
What is the mission statement of National Basketball Retired Players Association Inc?
The National Basketball Retired Players Association Inc is a charitable 501(C)(3) non-profit organization with a two-pronged mission. Its primary goal is to assist former NBA, ABA, Harlem Globetrotters, and WNBA players in their transition from the playing court into life after the game. Simultaneously, the association aims to positively impact communities and youth through basketball. This is achieved by utilizing the platform of basketball to make a difference in various aspects of life, contributing to the well-being of retired players and the broader community.
Who is the CEO of National Basketball Retired Players Association Inc?
Sam Perkins is the Treasurer of National Basketball Retired Players Association Inc. The CEO's salary of National Basketball Retired Players Association Inc is $307,500 and their total compensation is $307,500.
What is the revenue of National Basketball Retired Players Association Inc?
National Basketball Retired Players Association Inc's revenue in 2022 was $2,216,120.
Who are the executives of National Basketball Retired Players Association Inc and what are their salaries?
The average compensation at National Basketball Retired Players Association Inc during 2022 was $101,751. There are 9 employees at National Basketball Retired Players Association Inc.
Here are 13 key members and their salaries (National Basketball Retired Players Association Inc's CEO's salary is $307,500 and their total compensation is $307,500):
- Compensation: $307,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for National Basketball Retired Players Association Inc?
National Basketball Retired Players Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of National Basketball Retired Players Association Inc
The National Basketball Retired Players Association Inc is a charitable 501(c)(3) non-profit organization with a two-pronged mission. This esteemed association aims to assist former NBA, ABA, Harlem Globetrotters, and WNBA players in their transition from the playing court into life after the game. Simultaneously, it seeks to positively impact communities and youth through basketball.
The National Basketball Retired Players Association Inc understands the challenges that come with retiring from professional basketball. To address these challenges, the organization offers assistance to help these athletes navigate their post-career lives. This support extends beyond financial aid, also encompassing guidance and resources necessary for a smooth transition.
Beyond its commitment to retired players, the National Basketball Retired Players Association Inc is deeply invested in giving back to the community and nurturing the youth through basketball. By leveraging the passion and legacy of its members, the association aims to inspire and educate young people, providing them with opportunities to learn and grow through the sport. This holistic approach to community development and youth empowerment sets the National Basketball Retired Players Association Inc apart as a forward-thinking and compassionate non-profit organization.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The National Basketball Retired Players Association Inc positively impacts communities and youth through basketball while assisting former NBA, ABA, Harlem Globetrotters, and WNBA players in transitioning from the playing court into life after the game.
This information is meant to be a general summary of National Basketball Retired Players Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $32,097
- Gross Receipts: $2,216,120
Assets and Liabilities:
- Total Assets: $3,900,199
- Total Liabilities: $95,481
- Net Assets: $3,804,718
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2001
Phone
(312) 939-1400Principal Officer
Sam Perkins
Main Address
444 N MICHIGAN AVE 2700, CHICAGO, IL, 60611
NTEE Category
Code: B90 - Education
If you are a representative of National Basketball Retired Players Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.