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Oceanside United Soccer Club Inc

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

EIN: 237121452 ✦ Oceanside, NY ✦ Designated as a 501(c)(3)

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Overview

What is Oceanside United Soccer Club Inc?

Oceanside United Soccer Club Inc, based in Oceanside, New York, is a nonprofit organization dedicated to providing scholarships for Oceanside High School graduates who have significantly contributed to the local soccer community. The club's mission is to offer opportunities for youth to play and learn soccer, fostering community engagement and development. The organization operates out of a PO Box and does not provide additional details about its size or staffing.


Official website here: www.ousc.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating.

Oceanside United Soccer Club Inc has received a Two-Star rating from Charity Navigator, primarily based on its accountability and financial practices. The organization scored well in several areas, including a high program expense ratio of 86.22%, suggesting that a significant portion of its resources is directly allocated to its programs. It also has no reported material diversion of assets, which indicates a good level of financial integrity.

However, the organization has notable weaknesses, particularly regarding its governance structure. With 0% of board members being independent, it raises concerns about potential conflicts of interest and oversight. Additionally, essential policies such as a whistleblower policy and a document retention policy are missing, which may impact the club's transparency and accountability.

Overall, while Oceanside United Soccer Club demonstrates strong financial management and a commitment to its programs, its governance practices could benefit from improvement to enhance accountability and foster donor trust.


This AI summary has been generated from information found on Charity Navigator.

Is Oceanside United Soccer Club Inc legitimate?

Oceanside United Soccer Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oceanside United Soccer Club 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ousc.com

What is the mission statement of Oceanside United Soccer Club Inc?

The Oceanside United Soccer Club Inc's mission is centered around providing scholarships to deserving high school graduates from Oceanside. These individuals have shown commitment and contribution to the club's soccer community. The primary goal is to offer opportunities for these youth to excel in soccer and gain an education. The club's activities aim to foster and encourage the growth of soccer within the Oceanside community.


Official website here: www.ousc.com

Who is the CEO of Oceanside United Soccer Club Inc?

Mike O'Malley is the President of Oceanside United Soccer Club Inc.


Official website here: www.ousc.com

What is the revenue of Oceanside United Soccer Club Inc?

Oceanside United Soccer Club Inc's revenue in 2022 was $674,043.


Official website here: www.ousc.com

Who are the executives of Oceanside United Soccer Club Inc and what are their salaries?


Here are 11 key members and their salaries:


Mike O'Malley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Soto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Volpe (Director Emerit)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mahoney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Lazerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leo Bonacasa (Director Emerit)
  • Compensation: $0
  • Related: $0
  • Other: $0
Graeme Hepburn (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Failla (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Vice (Asst Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Nestico (Corr Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grreme Hepburn (Recor Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ousc.com

Where can I find the form 990 for Oceanside United Soccer Club Inc?

Oceanside United Soccer Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ousc.com

Learn more at the official website: www.ousc.com

Mission Statement of Oceanside United Soccer Club Inc

Oceanside United Soccer Club Inc, a nonprofit organization, is dedicated to granting scholarships to deserving Oceanside High School graduates who have made significant contributions to the local soccer community. The club's mission is to provide these young individuals with an opportunity to further their education while also fostering their love for soccer. By doing so, Oceanside United Soccer Club Inc aims to give back to the community and inspire the next generation of soccer players and leaders. The club believes in the power of soccer to teach important life skills and values, and their scholarship program is a testament to this belief. By supporting these talented and dedicated students, Oceanside United Soccer Club Inc is not only investing in their future but also in the future of soccer in the community.

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Impact




July, 2024

Oceanside United Soccer Club Inc's impact is evident in the opportunities it provides for the youth of Oceanside to play and learn soccer. By granting scholarships to Oceanside High School graduates who have contributed to the Oceanside United Soccer community, the club is not only recognizing and rewarding these individuals but also investing in the development of young talent in the sport. This initiative helps nurture a passion for soccer and fosters community involvement among the youth of Oceanside. Ultimately, Oceanside United Soccer Club Inc is instrumental in shaping the future of soccer in the region and empowering young individuals to pursue their athletic and educational goals.




This information is meant to be a general summary of Oceanside United Soccer Club 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
$674,043 (2022)
Expenses
$577,322 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $16
  • Gross Receipts: $674,043

Assets and Liabilities:

  • Total Assets: $466,291
  • Total Liabilities: $0
  • Net Assets: $466,291

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Organization Details

Founding Year

1962

Principal Officer

Mike O'Malley

Main Address

PO BOX 81, OCEANSIDE, NY, 11572

NTEE Category

Code: N64 - Recreation

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