Overview
What is Hot Tubes Development Cycling Team Inc?
Hot Tubes Development Cycling Team Inc. is a nonprofit organization based in Shirley, Massachusetts, specifically at 2 Shaker Road G100. Their primary focus is on providing a comprehensive training program for aspiring amateur cycling athletes who participate in various cycling competitions on both a national and international level. The organization aims to nurture and encourage these athletes, helping them excel in their chosen sport. With a small team of two dedicated individuals, Hot Tubes Development Cycling Team Inc. fosters a supportive environment to develop and showcase the skills of its athletes in cycling competitions.
Official website here: www.hottubescycling.com
Is Hot Tubes Development Cycling Team Inc legitimate?
Hot Tubes Development Cycling Team Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hot Tubes Development Cycling Team 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: $48,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hottubescycling.com
What is the mission statement of Hot Tubes Development Cycling Team Inc?
Hot Tubes Development Cycling Team Inc's mission is centered around fostering and organizing both national and international amateur cycling competitions. Their primary goal is to develop and nurture amateur athletes, preparing them for these competitions. The team provides a comprehensive training program for these athletes, who dedicate their time to honing their cycling skills in preparation for these events.
Official website here: www.hottubescycling.com
What is the revenue of Hot Tubes Development Cycling Team Inc?
Hot Tubes Development Cycling Team Inc's revenue in 2023 was $185,064.
Official website here: www.hottubescycling.com
Who are the executives of Hot Tubes Development Cycling Team Inc and what are their salaries?
The average compensation at Hot Tubes Development Cycling Team Inc during 2023 was $48,000. There is 1 employee at Hot Tubes Development Cycling Team Inc.
Here are 2 key members and their salaries:
- Compensation: $60,987
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hottubescycling.com
Where can I find the form 990 for Hot Tubes Development Cycling Team Inc?
Hot Tubes Development Cycling Team Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hottubescycling.com
Learn more at the official website: www.hottubescycling.com
Mission Statement of Hot Tubes Development Cycling Team Inc
Hot Tubes Development Cycling Team Inc is dedicated to nurturing and organizing both national and international amateur cycling competitions. Their primary mission is to develop and prepare amateur athletes for these competitions. Through a comprehensive training program, they provide a platform for cyclists to hone their skills and participate in various cycling events. The team's objective is to foster the growth and success of these aspiring athletes in the competitive cycling arena.
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Impact
October, 2024
Hot Tubes Development Cycling Team Inc significantly impacts the world of amateur cycling by focusing on the development of young athletes and fostering their participation in both national and international competitions. Through comprehensive training programs, they equip aspiring cyclists with the necessary skills, knowledge, and experience to excel in competitive environments. This commitment not only enhances the athletes' physical capabilities but also promotes discipline, teamwork, and perseverance, essential qualities for success in sports and life.
Based in Shirley, MA, Hot Tubes creates a supportive ecosystem for young cyclists, allowing them to connect with peers and experienced mentors who guide them on their journey. The team's efforts contribute to the broader cycling community by nurturing talent and encouraging a healthy, active lifestyle among youth. Ultimately, their work helps elevate the standards of amateur cycling, fostering a new generation of athletes who may compete on international stages.
This information is meant to be a general summary of Hot Tubes Development Cycling Team 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 2023.
- Investment Income: $1,139
- Program Service Revenue: $845
- Gross Receipts: $185,064
Assets and Liabilities:
- Total Assets: $87,511
- Total Liabilities: $172
- Net Assets: $87,339
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$845
Organization Details
Founding Year
2005
Principal Officer
Tobias Stanton
Website
www.hottubescycling.comNTEE Category
Code: N60 - Recreation
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