Overview
What is Us Luge Association?
The Us Luge Association, operating under the name USA Luge, is a nonprofit organization situated in Lake Placid, New York. With a workforce of 18 individuals, their primary mission is to foster athletic excellence in the sport of luge, upholding values such as sportsmanship, honor, dedication, and victory as their standard. The association serves as the national governing body for the Olympic sport of luge, managing expenses related to various national team competitions and the team selection process, including national and international competitions. Their activities encompass both national and international luge competitions, ensuring the continuous growth and development of the sport.
Official website here: www.usaluge.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Us Luge Association has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This rating is based solely on its Accountability & Finance score, which reflects the organization's strong operational practices and transparency. Notably, the Association has a fully independent board and has demonstrated rigorous oversight, with no material diversions of assets reported.
The organization excels in its financial management, with a program expense ratio of 74.58%, meaning that the majority of its expenditures directly support its mission. Additionally, it has shown efficiency in fundraising, with a cost of $0.17 to raise a dollar, contributing to its overall financial stability. Its commitment to maintaining sound governance practices, such as having a conflict of interest policy and a whistleblower policy in place, further reinforces its credibility.
While the organization demonstrates strong financial ratios and oversight mechanisms, its working capital ratio of 0.46 years indicates it may have limited short-term financial resources. However, the overall financial health and commitment to accountability position the Us Luge Association as a reliable nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Us Luge Association legitimate?
Us Luge Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Us Luge Association 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: $161,675
Professional Fundraising Fees: $0
Other Salaries and Wages: $711,363
For more financial information, click here
Official website here: www.usaluge.org
What is the mission statement of Us Luge Association?
The US Luge Association's mission is centered around promoting athletic excellence in the sport of luge. They strive to uphold sportsmanship, honor, dedication, and victory as the standard. Their primary focus is on supporting national teams, covering expenses related to various national team competitions and the team selection process, which includes participating in both national and international competitions, in accordance with their role as the national governing body for the Olympic sport of luge.
Official website here: www.usaluge.org
Who is the CEO of Us Luge Association?
James Leahy is the President of Us Luge Association. The CEO's salary of Us Luge Association is $141,281 and their total compensation is $158,861.
Official website here: www.usaluge.org
What is the revenue of Us Luge Association?
Us Luge Association's revenue in 2022 was $2,637,600.
Official website here: www.usaluge.org
Who are the executives of Us Luge Association and what are their salaries?
The average compensation at Us Luge Association during 2022 was $48,502. There are 18 employees and 25 volunteers at Us Luge Association.
Here are 12 key members and their salaries (Us Luge Association's CEO's salary is $141,281 and their total compensation is $158,861):
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- Compensation: $141,281
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- Other: $17,580
Official website here: www.usaluge.org
Where can I find the form 990 for Us Luge Association?
Us Luge Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.usaluge.org
Learn more at the official website: www.usaluge.org
Mission Statement of Us Luge Association
The United States Luge Association, abbreviated as Us Luge Association, is dedicated to achieving athletic excellence in the sport of luge. Their mission is to uphold sportsmanship, honor, dedication, and victory as the standard, striving for victory in both national and international competitions. The association plays a vital role in managing the selection process for various national teams and covering the related expenses for these teams in their competitions. Their primary focus is on nurturing the growth and success of luge athletes, promoting a spirit of sportsmanship and dedication within the luge community.
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Impact
October, 2024
The US Luge Association plays a crucial role in promoting and facilitating athletic excellence in the sport of luge. By overseeing national teams and providing funding for competitions, the organization ensures that athletes have the resources they need to compete at both national and international levels. This includes managing the team selection process and covering expenses related to various competitions, which is vital for aspiring athletes aiming to represent the United States on the Olympic stage.
Located in Lake Placid, NY, the association is dedicated to upholding principles of sportsmanship, honor, dedication, and victory, setting a high standard for its athletes. Its efforts not only contribute to individual athlete development but also foster a sense of community and pride within the sport, encouraging participation and interest in luge across the nation. Ultimately, the US Luge Association plays a pivotal role in elevating the profile of luge, inspiring the next generation of athletes to pursue excellence in this thrilling winter sport.
This information is meant to be a general summary of Us Luge Association. 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: -$1,424
- Program Service Revenue: $332,421
- Gross Receipts: $2,783,457
Assets and Liabilities:
- Total Assets: $2,303,442
- Total Liabilities: $551,560
- Net Assets: $1,751,882
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRIP / TRAINING REVENU
Revenue
$182,490
FIL GRANTS, COACHING F
Revenue
$149,931
Organization Details
Founding Year
1978
Phone
(518) 523-2071Principal Officer
James Leahy
Main Address
57 CHURCH STREET, LAKE PLACID, NY, 12946
Website
www.usaluge.orgNTEE Category
Code: N70 - Recreation
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