Greenwich Basketball Association Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061390590 ✦ Greenwich, CT ✦ Designated as a 501(c)(3)

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Overview

What is Greenwich Basketball Association Inc?

The Greenwich Basketball Association Inc is a nonprofit organization dedicated to teaching youth basketball and fostering their self-esteem. In an effort to support those facing financial difficulties, the association significantly decreased program fees for over 40 individuals. However, due to the impact of Covid-19, activities this season have been limited. Furthermore, the organization generously contributed $2,000 to the Greenwich Scholarship Association, aiding 2022 local high school graduates pursuing higher education in the fall.


Official website here: www.greenwichbasketball.org

Is Greenwich Basketball Association Inc legitimate?

Greenwich Basketball Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenwich Basketball 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.greenwichbasketball.org

What is the mission statement of Greenwich Basketball Association Inc?

The Greenwich Basketball Association Inc's mission is focused on teaching basketball to youth and enhancing their self-esteem. The organization strives to provide this skill and confidence-building opportunity, even reducing program fees for those facing financial difficulties. However, due to the current Covid-19 situation, their activities have been limited this season. Moreover, demonstrating their commitment to the community, they donated $2,000 to the Greenwich Scholarship Association for college scholarships for local high school graduates entering college in Fall 2022.


Official website here: www.greenwichbasketball.org

Who is the CEO of Greenwich Basketball Association Inc?

Farid Kerendian is the All Are Volunteers of Greenwich Basketball Association Inc.


Official website here: www.greenwichbasketball.org

What is the revenue of Greenwich Basketball Association Inc?

Greenwich Basketball Association Inc's revenue in 2022 was $161,851.


Official website here: www.greenwichbasketball.org

Who are the executives of Greenwich Basketball Association Inc and what are their salaries?


There is 1 key member and their salary:


Will Furnish Upon Request (All Are Volunteers)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.greenwichbasketball.org

Where can I find the form 990 for Greenwich Basketball Association Inc?

Greenwich Basketball Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.greenwichbasketball.org

Learn more at the official website: www.greenwichbasketball.org

Mission Statement of Greenwich Basketball Association Inc

The Greenwich Basketball Association, in its mission, focuses on instructing youth in basketball skills while simultaneously fostering the development of their self-esteem. This nonprofit organization undertakes this mission by providing an affordable and engaging platform for young individuals, reducing program fees for over 40 players encountering financial hardships. Regrettably, due to the ongoing Covid-19 pandemic, the association's activities have been limited this season. Beyond basketball, the Greenwich Basketball Association has also demonstrated its commitment to the community by donating $2,000 to the Greenwich Scholarship Association, thereby supporting local high school graduates in their pursuit of higher education. The association's efforts in teaching basketball and uplifting the self-esteem of young individuals reflect its dedication to empowering future generations.

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Impact




October, 2024

Greenwich Basketball Association Inc significantly impacts the community by providing youth with the opportunity to learn basketball while enhancing their self-esteem. By teaching essential skills both on and off the court, the organization fosters personal growth and confidence among young players.

The program is particularly beneficial for those facing financial hardships, as it has substantially reduced fees for over 40 participants, ensuring that everyone has access to sports education regardless of their economic situation. Although limited activity occurred due to Covid-19, the association maintained its commitment to supporting local youth by contributing $2,000 to the Greenwich Scholarship Association, aiding high school graduates in their pursuit of further education.

Through these initiatives, Greenwich Basketball Association Inc emphasizes the importance of community, inclusivity, and personal development, helping to shape the next generation of leaders in the process.




This information is meant to be a general summary of Greenwich Basketball 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.

Revenue
$161,851 (2022)
Expenses
$162,283 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $148,551
  • Gross Receipts: $161,851

Assets and Liabilities:

  • Total Assets: $330,276
  • Total Liabilities: $0
  • Net Assets: $330,276

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program service revenu

Revenue

$148,551

Organization Details

Founding Year

1995

Principal Officer

Farid Kerendian

Main Address

30 Brookside Drive 4A, Greenwich, CT, 06830

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