Overview
What is Adirondack1000 Islands Sports & Events Commission Inc?
Adirondack1000 Islands Sports & Events Commission Inc is a nonprofit organization based in Lake Placid, New York. Their primary mission is to boost the economic opportunities of the Adirondack Mountain and 1000 Islands region by organizing and promoting sports events. The commission is currently focusing on developing and promoting regional and international sports activities and events, as well as upgrading the regional infrastructure. This includes hosting significant sports competitions, such as the 2023 World University Winter Games. The organization's broader mission encompasses fostering public interest in national and international sports competitions, providing aid to amateur athletes, centralizing sports management, and encouraging sustainable economic growth in the region by leveraging its sports heritage both domestically and globally. The commission employs a workforce of 37 individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Three-Star out of Four Stars (76%)
The Adirondack1000 Islands Sports & Events Commission Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization has a strong independent board, with all members meeting the criteria for independence, and they have successfully maintained thorough financial statements that are audited.
While the commission excels in various areas, such as having no material diversion of assets and a high program expense ratio, there are some noted limitations. Notably, the organization lacks a whistleblower policy and a document retention and destruction policy, which are essential for transparency and governance. Additionally, their tax form is not posted on their website, which may hinder accessibility for stakeholders seeking financial information.
This AI summary has been generated from information found on Charity Navigator.
Is Adirondack1000 Islands Sports & Events Commission Inc legitimate?
Adirondack1000 Islands Sports & Events Commission Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adirondack1000 Islands Sports & Events Commission 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: $142,217
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,610,480
For more financial information, click here
What is the mission statement of Adirondack1000 Islands Sports & Events Commission Inc?
The Adirondack1000 Islands Sports & Events Commission Inc has a mission to educate, promote, encourage, foster, and enhance the public's interest in national and international sports competitions and concepts. Their goal is to provide aid and assistance to amateur athletes in social, volunteer, and business ways. They aim to centralize sports management, volunteerism, and other support services for the Adirondack North Country region. The commission also works towards encouraging and supporting the growth of the regional economy with sustainable employment and business opportunities by bolstering the sports heritage both nationally and globally. Lastly, they encourage and support friendly competition, growth, and learning experiences for athletes of all ages and nationalities.
Who is the CEO of Adirondack1000 Islands Sports & Events Commission Inc?
James B Mckenna is the Executive Director of Adirondack1000 Islands Sports & Events Commission Inc.
What is the revenue of Adirondack1000 Islands Sports & Events Commission Inc?
Adirondack1000 Islands Sports & Events Commission Inc's revenue in 2022 was $5,375,870.
Who are the executives of Adirondack1000 Islands Sports & Events Commission Inc and what are their salaries?
The average compensation at Adirondack1000 Islands Sports & Events Commission Inc during 2022 was $74,397. There are 37 employees and 7 volunteers at Adirondack1000 Islands Sports & Events Commission Inc.
Here are 8 key members and their salaries:
- Compensation: $110,348
- Related: $0
- Other: $6,082
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Adirondack1000 Islands Sports & Events Commission Inc?
Adirondack1000 Islands Sports & Events Commission Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Adirondack1000 Islands Sports & Events Commission Inc
Adirondack1000 Islands Sports & Events Commission Inc is dedicated to promoting and developing regional and international sports activities and events. Their mission is multifaceted, encompassing several key objectives. Firstly, they aim to educate and encourage the public's interest in national and international sports competitions and concepts. Secondly, they provide aid and assistance to national and international amateur athletes in various social, volunteer, and business capacities.
The commission also centralizes sports management, volunteerism, and other support services for the Adirondack North Country region. This commitment extends to fostering the growth of the regional economy by creating sustainable employment and business opportunities, leveraging the area's sports heritage both nationally and globally. Lastly, Adirondack1000 Islands Sports & Events Commission Inc encourages friendly competition, growth, and learning experiences for athletes of all ages and nationalities. In essence, their mission is to promote, develop, and support sports activities and events, while simultaneously contributing to the community's economic growth and the personal development of athletes.
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Impact
October, 2024
The Adirondack1000 Islands Sports & Events Commission Inc plays a pivotal role in enhancing the sporting landscape of the Adirondack Mountain and 1000 Islands region of New York State. By developing and promoting both regional and international sports activities, the Commission significantly contributes to the economic vitality of the area.
Through its initiatives, such as conducting the 2023 World University Winter Games, the Commission not only attracts athletes and visitors from across the globe but also stimulates investments in regional infrastructure, which benefits local communities. This influx of events generates increased tourism, which translates into expanded business opportunities for local establishments, including hotels, restaurants, and retailers, thereby fostering sustainable employment.
Moreover, the Commission's focus on educating and promoting sports helps cultivate a deeper interest in athletic activities among the public. By providing support for volunteerism and amateur athletics, it encourages community engagement and enhances the overall sporting experience. The emphasis on friendly competition and growth ensures that athletes of all ages and backgrounds can thrive, contributing to a vibrant sports culture that resonates both locally and internationally.
In essence, the Adirondack1000 Islands Sports & Events Commission Inc is instrumental in shaping the future of sports in the region, driving economic growth while promoting health, wellness, and community spirit through sporting events.
This information is meant to be a general summary of Adirondack1000 Islands Sports & Events Commission 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: $176,202
- Gross Receipts: $5,375,870
Assets and Liabilities:
- Total Assets: $3,743,257
- Total Liabilities: $3,413,649
- Net Assets: $329,608
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPATION FEES
Revenue
$176,202
Organization Details
Founding Year
1986
Phone
(518) 249-6706Principal Officer
James B Mckenna
Main Address
PO BOX 1470, LAKE PLACID, NY, 12946
NTEE Category
Code: N70 - Recreation
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