Overview
What is Thunder Inc?
Thunder Inc, a nonprofit organization situated in Collierville, Tennessee, focuses on nurturing young leaders through competitive swimming. With approximately 160 members, they organize swimming events at local, state, and national levels, engaging around 750 participants annually. Their mission is to instill essential qualities in student-athletes to prepare them for future leadership roles, offering swimming training to individuals aged 5 to 18. They currently employ a team of four people, demonstrating their commitment to this cause.
Official website here: www.memphisthunder.org
Is Thunder Inc legitimate?
Thunder Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thunder 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: $70,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $107,012
For more financial information, click here
Official website here: www.memphisthunder.org
What is the mission statement of Thunder Inc?
Thunder Inc, a swim team, is dedicated to cultivating future leaders by instilling essential qualities in student-athletes through amateur swimming competitions. The team caters to swimmers aged 5 to 18, offering them opportunities to compete at local, state, and national levels. With approximately 150 members, Thunder Inc encourages around 750 youth to participate in various swimming events. The primary objective of the corporation is to nurture these student-athletes, turning them into tomorrow's leaders through the sport of swimming.
Official website here: www.memphisthunder.org
Who is the CEO of Thunder Inc?
Pete Naldoza is the President of Thunder Inc.
Official website here: www.memphisthunder.org
What is the revenue of Thunder Inc?
Thunder Inc's revenue in 2022 was $392,902.
Official website here: www.memphisthunder.org
Who are the executives of Thunder Inc and what are their salaries?
The average compensation at Thunder Inc during 2022 was $44,253. There are 4 employees and 6 volunteers at Thunder Inc.
Here are 3 key members and their salaries:
- Compensation: $70,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.memphisthunder.org
Where can I find the form 990 for Thunder Inc?
Thunder Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.memphisthunder.org
Learn more at the official website: www.memphisthunder.org
Mission Statement of Thunder Inc
Thunder Inc, a renowned amateur swim team, is dedicated to instilling essential leadership qualities in student-athletes. Their mission lies in utilizing the sport of swimming as a medium. By engaging children from the age of 5 to 18, Thunder Inc promotes participation in local, state, and national-level competitions. The ultimate goal is to nurture these young swimmers into future leaders. The team, consisting of approximately 150 members, encourages around 750 youth to participate in swimming events, thereby fostering a sense of teamwork, discipline, and resilience.
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Impact
October, 2024
Thunder Inc significantly influences the lives of young athletes in Collierville, TN, by fostering leadership skills and personal development through the sport of swimming. Training swimmers aged 5 to 18, the organization cultivates a competitive yet supportive atmosphere where approximately 750 youth participants can thrive.
The impact of Thunder Inc goes beyond physical health; it instills crucial values such as teamwork, discipline, and perseverance. By providing opportunities to compete at local, state, and national levels, the organization prepares these young athletes not only for the challenges of swimming but also for future leadership roles in their communities.
With around 160 dedicated team members, Thunder Inc creates a sense of belonging and camaraderie among participants. This supportive environment encourages youth to push their limits, while also teaching them the importance of sportsmanship and respect for others. Overall, Thunder Inc plays a vital role in shaping the leaders of tomorrow by harnessing the transformative power of athletics in youth development.
This information is meant to be a general summary of Thunder 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 2022.
- Program Service Revenue: $137,479
- Gross Receipts: $396,525
Assets and Liabilities:
- Total Assets: $136,547
- Total Liabilities: $3,206
- Net Assets: $133,341
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SWIM MEET FEES
Revenue
$108,703
MSSL CHAMPIONSHIP
Revenue
$11,285
STROKE CLINIC
Revenue
$9,900
HS COUNTY CHAMPIONSHIP
Revenue
$4,726
SERVICE HOUSE
Revenue
$2,865
Organization Details
Founding Year
2005
Phone
(901) 734-3786Principal Officer
Pete Naldoza
Main Address
1880 WOLF RIVER BLVD, COLLIERVILLE, TN, 38017
Website
www.memphisthunder.orgNTEE Category
Code: N67 - Recreation
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