Overview
What is Usa Swimming Inc?
Usa Swimming Inc, based in Colorado Springs, Colorado, serves as the national governing body for the sport of swimming in the United States. With a mission to administer competitive swimming in accordance with the Ted Stevens Olympic & Amateur Sports Act, they provide programs and services for members, supporters, affiliates, and the public. Their efforts resulted in a remarkable 45-medal performance, including 17 golds, at the 2022 FINA World Championships in Budapest, Hungary. This impressive display earned them the title of "Team of the Meet." Usa Swimming values its community members and the dedicated staff and volunteers who support them.
Official website here: www.usaswimming.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
USA Swimming Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability and Finance. The organization's score of 96% suggests a high level of transparency and effective financial management, which is critical for donor trust and support.
The strengths of USA Swimming Inc include a governance structure with a majority of independent board members and a comprehensive set of policies in place, such as conflict of interest and whistleblower policies. Moreover, the nonprofit has successfully maintained a solid program expense ratio, ensuring that a significant portion of its resources is directed towards its mission-related activities.
While the organization showcases many strengths, the liabilities to assets ratio indicates some level of financial leverage; however, this is not uncommon in nonprofits and does not detract significantly from their overall financial health. Overall, USA Swimming Inc appears to be a well-managed organization committed to its goals and accountable to its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Usa Swimming Inc legitimate?
Usa Swimming Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Usa Swimming 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: $2,370,610
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,782,873
For more financial information, click here
Official website here: www.usaswimming.org
What is the mission statement of Usa Swimming Inc?
USA Swimming Inc serves as the national governing body for competitive swimming in the United States, adhering to the Ted Stevens Olympic & Amateur Sports Act. They offer programs and services for members, supporters, affiliates, and the public. USA Swimming values its swimming community, including its members, staff, volunteers, and those who support the organization. The team achieved remarkable success in international competitions, setting new records at the 2022 FINA World Championships and the Junior Pan Pacific Championships, earning a total of 45 and 46 medals, respectively. The team's impressive performance brought them the title of "Team of the Meet."
Official website here: www.usaswimming.org
Who is the CEO of Usa Swimming Inc?
Timothy Hinchey is the President & Ceo of Usa Swimming Inc. The CEO's salary of Usa Swimming Inc is $910,568 and their total compensation is $973,463.
Official website here: www.usaswimming.org
What is the revenue of Usa Swimming Inc?
Usa Swimming Inc's revenue in 2022 was $37,314,499.
Official website here: www.usaswimming.org
Who are the executives of Usa Swimming Inc and what are their salaries?
The average compensation at Usa Swimming Inc during 2022 was $92,459. There are 99 employees and 1000 volunteers at Usa Swimming Inc.
Here are 26 key members and their salaries (Usa Swimming Inc's CEO's salary is $910,568 and their total compensation is $973,463):
- Compensation: $910,568
- Related: $0
- Other: $62,895
- Compensation: $359,948
- Related: $0
- Other: $40,678
- Compensation: $293,927
- Related: $0
- Other: $52,951
- Compensation: $296,402
- Related: $0
- Other: $50,308
- Compensation: $282,938
- Related: $0
- Other: $60,668
- Compensation: $284,888
- Related: $0
- Other: $58,717
- Compensation: $265,688
- Related: $0
- Other: $19,088
- Compensation: $180,402
- Related: $0
- Other: $26,376
- Compensation: $151,921
- Related: $0
- Other: $47,455
- Compensation: $152,164
- Related: $0
- Other: $43,119
- Compensation: $21,430
- Related: $0
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Official website here: www.usaswimming.org
Where can I find the form 990 for Usa Swimming Inc?
Usa Swimming Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.usaswimming.org
Learn more at the official website: www.usaswimming.org
Mission Statement of Usa Swimming Inc
USA Swimming Inc, the national governing body for swimming in the United States, is committed to administering competitive swimming in accordance with the Ted Stevens Olympic & Amateur Sports Act. This esteemed organization provides programs and services for its members, supporters, affiliates, and the interested public. USA Swimming values its community, including the dedicated staff and volunteers who serve it.
The achievements of USA Swimming's swimming teams have been nothing short of remarkable. In the 2022 FINA World Championships held in Budapest, Hungary, the team set a new record with a stunning 45-medal performance, of which 17 were gold. Their impressive display earned them the title of "Team of the Meet." The success continued at the 2022 Junior Pan Pacific Championships, where USA Swimming's swimmers claimed an impressive 19 gold medals.
USA Swimming's dedication to the sport is evident in its unwavering commitment to fostering talent and nurturing the next generation of swimmers. The organization's efforts extend beyond competition, offering resources, support, and opportunities for individuals to advance in their swimming careers. The USA Swimming community thrives on the passion and determination of its members, all working together to excel in the sport of swimming.
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Impact
October, 2024
USA Swimming Inc. significantly impacts the landscape of competitive swimming in the United States. As the national governing body for the sport, it oversees the organization and administration of swimming competitions, aligning its activities with the Ted Stevens Olympic & Amateur Sports Act. This ensures a structured environment for athletes at all levels, ranging from grassroots programs to elite competitions.
The organization plays a crucial role in the development of athletes, providing various programs and services tailored to inspire and enhance the swimming community. Notably, the United States national team has achieved remarkable success under its guidance, setting records such as a 45-medal performance at the 2022 FINA World Championships, which included an impressive 17 gold medals. This achievement not only showcases the skill and dedication of U.S. swimmers but also cements the country’s dominance in the sport on a global scale.
In addition to elite performance, USA Swimming fosters a culture of recreation and health through its commitment to promoting swimming as a vital lifelong skill. By engaging with supporters, affiliates, and members of the swimming community, the organization nurtures an inclusive environment that values collaboration among athletes, coaches, volunteers, and fans alike. This comprehensive impact makes USA Swimming Inc. a pivotal force in shaping the future of swimming in the nation.
This information is meant to be a general summary of Usa Swimming 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.
- Investment Income: $1,714,814
- Program Service Revenue: $27,790,555
- Gross Receipts: $74,541,576
Assets and Liabilities:
- Total Assets: $48,102,031
- Total Liabilities: $26,518,258
- Net Assets: $21,583,773
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP INCOME
Revenue
$23,234,255
EVENTS
Revenue
$744,462
SPONSORS, SUPPLIES & LICENSEE
Revenue
$1,926,838
RELATED AFFILIATE RENTAL INCOME
Revenue
$270,000
SPONSORS-ADVERTISING
Revenue
$1,615,000
Organization Details
Founding Year
2005
Phone
(719) 866-4578Principal Officer
Timothy Hinchey
Main Address
1 Olympic Plaza, Colorado Springs, CO, 80909
Website
www.usaswimming.orgNTEE Category
Code: N67 - Recreation
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