Winston-Salem Professional Tennis Inc

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

EIN: 208706241 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(4)

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Overview

What is Winston-Salem Professional Tennis Inc?

Winston-Salem Professional Tennis Inc is a small, nonprofit organization situated in Winston-Salem, North Carolina. With a single employee, their primary focus is to provide support and funding for professional tennis tournaments held in the city. Their mission involves organizing, coordinating, and facilitating events related to these tennis matches, aiming to ensure their successful staging in Winston-Salem.

Is Winston-Salem Professional Tennis Inc legitimate?

Winston-Salem Professional Tennis Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Winston-Salem Professional Tennis 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: $196,113
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Winston-Salem Professional Tennis Inc?

Winston-Salem Professional Tennis Inc's mission is centered around organizing and facilitating events related to professional tennis matches. Their primary role involves conducting, coordinating, and overseeing activities associated with these tennis events. The organization provides assistance and funding for professional tennis tournaments, contributing to the staging of these matches. By doing so, Winston-Salem Professional Tennis Inc plays a significant role in promoting and enhancing the experience of professional tennis in the relevant tennis community.

Who is the CEO of Winston-Salem Professional Tennis Inc?

Donald E Flow is the Director/Chairman of Winston-Salem Professional Tennis Inc.

What is the revenue of Winston-Salem Professional Tennis Inc?

Winston-Salem Professional Tennis Inc's revenue in 2022 was $3,382,549.

Who are the executives of Winston-Salem Professional Tennis Inc and what are their salaries?

The average compensation at Winston-Salem Professional Tennis Inc during 2022 was $196,113. There is 1 employee and 442 volunteers at Winston-Salem Professional Tennis Inc.


Here are 13 key members and their salaries:


Donald E Flow (Director/Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bucky Dame (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Faircloth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Keshian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Waddell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Gaines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiffany Noel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Rucker (Director/Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Wray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Noll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Ryan (Executive Director)
  • Compensation: $196,113
  • Related: $0
  • Other: $0
Where can I find the form 990 for Winston-Salem Professional Tennis Inc?

Winston-Salem Professional Tennis Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Winston-Salem Professional Tennis Inc

Winston-Salem Professional Tennis Inc, as an organization, is dedicated to overseeing and facilitating activities associated with the staging of professional tennis matches. Their mission involves coordinating and supervising events related to these matches, ensuring a smooth and successful execution. The organization provides necessary organizational assistance and funding for these professional tennis tournaments, contributing significantly to the tennis community. By doing so, Winston-Salem Professional Tennis Inc plays a crucial role in promoting and advancing professional tennis in various capacities.

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Impact




October, 2024

Winston-Salem Professional Tennis Inc significantly contributes to the local economy and community by staging professional tennis matches in Winston-Salem, NC. The organization provides essential organizational assistance and funding for various professional tennis tournaments, fostering a vibrant athletic culture.

Through its commitment to conducting, coordinating, and supervising tennis events, the organization enhances the visibility of Winston-Salem as a sports destination, attracting fans, players, and visitors. This influx boosts local businesses, including hotels, restaurants, and retail shops, generating economic activity and supporting job creation.

Moreover, by facilitating high-quality sporting events, Winston-Salem Professional Tennis Inc promotes community engagement, encouraging residents to participate in and support professional tennis. The events not only entertain but also serve as a platform for encouraging youth involvement in sports, fostering a healthy lifestyle, and building community pride. Overall, the organization plays a vital role in enriching the cultural and economic landscape of Winston-Salem.




This information is meant to be a general summary of Winston-Salem Professional Tennis 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
$3,382,549 (2022)
Expenses
$3,068,954 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Program Service Revenue: $1,229,461
  • Gross Receipts: $3,411,851

Assets and Liabilities:

  • Total Assets: $898,971
  • Total Liabilities: $36,172
  • Net Assets: $862,799

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Programs

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

TICKET SALES

Revenue

$649,807

TELEVISION RIGHTS

Revenue

$579,654

Organization Details

Founding Year

2007

Principal Officer

Donald E Flow

Main Address

500 WEST FIFTH STREET 1410, WINSTONSALEM, NC, 27101

NTEE Category

Code: Z99 - Unknown

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