Overview
What is Stewartville-Racine Diamond Club?
The Stewartville-Racine Diamond Club is a nonprofit organization situated in the cities of Stewartville and Racine. Their primary mission is to offer financial aid and support to local amateur baseball and softball programs for both youth and adults. They sponsor events, cover tournament entry fees, and provide uniforms and transportation for these activities, ensuring the smooth operation of these sports in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating
The Stewartville-Racine Diamond Club has received a Two-Star rating from Charity Navigator, indicating a respectable performance in some areas but also notable gaps in governance. The organization boasts a high level of accountability, with 100% independent board members and no material diversion of assets. Additionally, it demonstrates effective financial management, reflected in a strong program expense ratio of 71.34%.
However, the nonprofit has several limitations that are highlighted in the rating. Notably, it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy, which raises concerns about transparency and governance practices. Moreover, the absence of the tax form on its website is also a missed opportunity for increased accountability to stakeholders.
In summary, while the Stewartville-Racine Diamond Club shows strengths in board independence and financial health, the missing policies and documentation may hinder its overall effectiveness and trustworthiness in the eyes of donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Stewartville-Racine Diamond Club legitimate?
Stewartville-Racine Diamond Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stewartville-Racine Diamond Club submitted a form 990EZ, 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.
What is the mission statement of Stewartville-Racine Diamond Club?
The Stewartville-Racine Diamond Club's mission is centered around supporting and financing the development of amateur baseball and softball activities for both youth and adults in their respective communities. They accomplish this by sponsoring events, covering tournament entry fees, supplying uniforms, and arranging transportation for these events, thereby fostering participation and enjoyment in these sports.
Who is the CEO of Stewartville-Racine Diamond Club?
Chad Schmitz is the President of Stewartville-Racine Diamond Club.
What is the revenue of Stewartville-Racine Diamond Club?
Stewartville-Racine Diamond Club's revenue in 2022 was $150,489.
Who are the executives of Stewartville-Racine Diamond Club and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for Stewartville-Racine Diamond Club?
Stewartville-Racine Diamond Club's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Stewartville-Racine Diamond Club
The Stewartville-Racine Diamond Club is a dedicated organization that plays a significant role in supporting amateur baseball and softball activities for both youth and adults in the cities of Stewartville and Racine. Its mission is to offer financial aid and assistance, sponsoring tournaments, paying entry fees, and providing uniforms and transportation for these events. The club's primary goal is to ensure that these sports remain accessible and enjoyable for local participants, fostering a sense of community and camaraderie among the residents of these two cities.
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Impact
October, 2024
Stewartville-Racine Diamond Club significantly impacts the communities of Stewartville and Racine by enhancing the availability and quality of amateur baseball and softball programs for both youth and adults. By providing financial support, the club enables local teams to participate in tournaments, which not only fosters athletic skills but also promotes teamwork and community spirit.
The funding for uniforms and transportation ensures that all players, regardless of their economic background, have the opportunity to participate and compete. This inclusivity helps build a sense of belonging and encourages healthy lifestyle choices among participants. Furthermore, by sponsoring these programs, the Diamond Club contributes to the overall development of sports in the area, providing a platform for personal growth and community engagement through recreation and competitive play.
This information is meant to be a general summary of Stewartville-Racine Diamond Club. 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: $336
- Program Service Revenue: $93,675
- Gross Receipts: $199,605
Assets and Liabilities:
- Total Assets: $56,491
- Total Liabilities: $0
- Net Assets: $56,491
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Organization Details
Phone
(507) 251-7371Principal Officer
Chad Schmitz
Main Address
PO BOX 2, STEWARTVILLE, MN, 55976
NTEE Category
Code: N63 - Recreation
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