Overview
What is United States Olympic And Paralympic Committee?
The United States Olympic and Paralympic Committee is a nonprofit organization located in Colorado Springs, Colorado, with a workforce of 561 employees. Their mission is to empower Team USA athletes to attain sustained competitive excellence and well-being. They offer a range of programs, including athletic training centers, sport sciences, and direct athlete grants, aimed at enhancing athletic performance. Beyond athletic achievement, they prioritize critical areas of well-being, such as mental and physical health, safety, career, education, earning potential, representation, and personal expression. These aspects play a significant role in fostering long-term success for athletes.
Official website here: www.teamusa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99%
The United States Olympic and Paralympic Committee (USOPC) has achieved an impressive 99% rating from Charity Navigator, indicating a high level of accountability and financial health. The organization boasts a fully independent board and has shown a strong commitment to financial integrity, with no reported material diversions of assets. The high program expense ratio of over 85% demonstrates significant investment in its athletic programs, which is crucial for supporting athletes effectively.
While USOPC has many strengths, including strong leadership and adaptability, user reviews present mixed opinions regarding its financial management and decision-making. Several reviewers expressed concerns about high administrative costs and extravagant spending on ceremonial clothing, which they viewed as wasteful. These criticisms highlight a perception among some donors and volunteers that the organization could improve its financial practices to better serve its athletes.
Despite the negative feedback, many community members and professionals recognize the committee's vital role in supporting athletes and fostering a positive environment for Olympic sports. The organization is praised for its commitment to fundraising without government support and for the inspirational impact it has on both athletes and the community at large. Overall, while USOPC excels in many areas, it faces challenges in addressing public concerns about its financial decisions.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is United States Olympic And Paralympic Committee legitimate?
United States Olympic And Paralympic Committee is a legitimate nonprofit organization registered as a 501(c)(3) entity. United States Olympic And Paralympic Committee 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: $3,070,233
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,139,285
For more financial information, click here
Official website here: www.teamusa.org
What is the mission statement of United States Olympic And Paralympic Committee?
The United States Olympic and Paralympic Committee is dedicated to empowering Team USA athletes to achieve sustained competitive excellence and overall well-being. They offer a range of programs focused on holistic athlete support, encompassing both athletic achievement and crucial aspects of well-being. These areas include mental and physical health, safety, career and education, earning potential, representation, and personal expression. In addition to athletic training centers, sport sciences, and direct athlete grants, the organization prioritizes these essential aspects to foster a thriving athletic community.
Official website here: www.teamusa.org
Who is the CEO of United States Olympic And Paralympic Committee?
Sarah Hirshland is the Principal Officer of United States Olympic And Paralympic Committee. The CEO's salary of United States Olympic And Paralympic Committee is $1,140,343 and their total compensation is $1,175,947.
Official website here: www.teamusa.org
What is the revenue of United States Olympic And Paralympic Committee?
United States Olympic And Paralympic Committee's revenue in 2022 was $357,286,557.
Official website here: www.teamusa.org
Who are the executives of United States Olympic And Paralympic Committee and what are their salaries?
The average compensation at United States Olympic And Paralympic Committee during 2022 was $89,500. There are 561 employees and 573 volunteers at United States Olympic And Paralympic Committee.
Here are 30 key members and their salaries (United States Olympic And Paralympic Committee's CEO's salary is $1,140,343 and their total compensation is $1,175,947):
- Compensation: $1,140,343
- Related: $0
- Other: $35,604
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- Compensation: $553,828
- Related: $0
- Other: $41,242
- Compensation: $388,170
- Related: $0
- Other: $46,781
- Compensation: $686,160
- Related: $0
- Other: $10,533
- Compensation: $619,710
- Related: $0
- Other: $17,055
- Compensation: $424,679
- Related: $0
- Other: $15,575
- Compensation: $400,217
- Related: $0
- Other: $23,795
- Compensation: $487,945
- Related: $0
- Other: $45,073
- Compensation: $327,166
- Related: $0
- Other: $151,691
- Compensation: $392,541
- Related: $0
- Other: $24,063
- Compensation: $371,494
- Related: $0
- Other: $36,961
- Compensation: $339,690
- Related: $0
- Other: $41,973
- Compensation: $395,805
- Related: $0
- Other: $3,034
Official website here: www.teamusa.org
Where can I find the form 990 for United States Olympic And Paralympic Committee?
United States Olympic And Paralympic Committee's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.teamusa.org
Learn more at the official website: www.teamusa.org
Mission Statement of United States Olympic And Paralympic Committee
The United States Olympic and Paralympic Committee (USOPC) is a nonprofit organization committed to empowering Team USA athletes to attain sustained competitive excellence and overall well-being. The USOPC's mission revolves around supporting elite athletes as they strive for their greatest potential. This support encompasses not only athletic achievement, with programs dedicated to athletic training centers, sport sciences, and direct athlete grants, but also critical areas of well-being.
In the realm of well-being, the USOPC focuses on vital aspects including mental and physical health, safety, career, education, earnings, representation, and personal expression. These areas play a pivotal role in an athlete's overall success. The organization's athlete excellence and well-being programs are designed to holistically serve the needs of Team USA athletes, ensuring they have the resources necessary to thrive both on and off the field.
The USOPC's mission is driven by a deep-rooted belief in the transformative power of sport and the importance of providing athletes with the tools and resources they need to not only excel in their respective disciplines but also lead balanced and fulfilling lives. By addressing the various dimensions of athlete well-being, the USOPC aims to create a supportive environment that fosters growth, resilience, and long-term success for Team USA athletes.
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Impact
October, 2024
The United States Olympic and Paralympic Committee (USOPC) plays a crucial role in fostering elite athletic performance and overall athlete well-being. By empowering Team USA athletes, the USOPC enables them to reach sustained competitive excellence through comprehensive support systems.
This includes athletic training centers and sport science programs that enhance physical performance, as well as direct grants to help athletes financially. Recognizing that success extends beyond competition, the USOPC also prioritizes mental and physical health, safety, and career development, ensuring that athletes have access to resources that aid in their holistic growth.
Moreover, the organization promotes personal expression and diversity within sports, supporting initiatives that enhance representation among athletes. This multifaceted approach not only benefits individual athletes, helping them realize their greatest potential, but also strengthens the national sports community by fostering a culture of excellence and well-being. The impact of the USOPC is evident in the achievements of athletes on the world stage, along with their preparedness for life beyond competitive sports.
This information is meant to be a general summary of United States Olympic And Paralympic Committee. 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: $3,801,501
- Program Service Revenue: $129,961,426
- Gross Receipts: $357,319,219
Assets and Liabilities:
- Total Assets: $507,745,070
- Total Liabilities: $185,903,338
- Net Assets: $321,841,732
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY GROWTH
Revenue
$127,222,101
ATHLETE EXCELLENCE
Revenue
$1,439,501
SPORT ADVANCEMENT
Revenue
$1,299,824
Organization Details
Founding Year
1950
Phone
(719) 866-4823Principal Officer
Sarah Hirshland
Main Address
1 OLYMPIC PLAZA, COLORADO SPRINGS, CO, 80909
Website
www.teamusa.orgNTEE Category
Code: N710 - Recreation
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