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The Carol S Petrea Youth Golf Foundation Inc

First Tee Coastal Carolinas

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

EIN: 270106935 ✦ Shallotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Carol S Petrea Youth Golf Foundation Inc?

The Carol S Petrea Youth Golf Foundation Inc, also known as First Tee Coastal Carolinas, is a nonprofit organization based in Shallotte, North Carolina. Their mission is to provide golf education and character mentoring programs to children in the southeastern and northeastern regions of North Carolina and the northeastern part of South Carolina. They achieve this through various initiatives, including in-school, after-school, and summer programs, as well as competitive playing opportunities. The foundation operates primarily at golf course locations and aims to instill values such as honesty, integrity, and respect through golf. With a team of 12 dedicated individuals, they are committed to positively impacting the lives of young golfers in the area.


Official website here: www.firstteecoastalcarolinas.org

Is The Carol S Petrea Youth Golf Foundation Inc legitimate?

The Carol S Petrea Youth Golf Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Carol S Petrea Youth Golf Foundation 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: $283,306

For more financial information, click here


Official website here: www.firstteecoastalcarolinas.org

What is the mission statement of The Carol S Petrea Youth Golf Foundation Inc?

The Carol S Petrea Youth Golf Foundation Inc is committed to providing golf education and character mentoring programs for children in Southeastern North Carolina and Northeastern South Carolina. They achieve this goal through various initiatives, including in-school, after-school, and Saturday summer programs, as well as offering numerous competitive playing opportunities. The foundation's mission involves instructing and mentoring youth at golf course locations, fostering personal growth and development beyond the game of golf.


Official website here: www.firstteecoastalcarolinas.org

Who is the CEO of The Carol S Petrea Youth Golf Foundation Inc?

Terry Boldt is the Chair of The Carol S Petrea Youth Golf Foundation Inc.


Official website here: www.firstteecoastalcarolinas.org

What is the revenue of The Carol S Petrea Youth Golf Foundation Inc?

The Carol S Petrea Youth Golf Foundation Inc's revenue in 2022 was $440,137.


Official website here: www.firstteecoastalcarolinas.org

Who are the executives of The Carol S Petrea Youth Golf Foundation Inc and what are their salaries?

The average compensation at The Carol S Petrea Youth Golf Foundation Inc during 2022 was $23,609. There are 12 employees and 154 volunteers at The Carol S Petrea Youth Golf Foundation Inc.


Here are 10 key members and their salaries:


Charles Hoover (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Yarrow (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Plankers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Belvin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Boldt (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Lusk (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Kothe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Deigert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Albin Gibson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Golden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.firstteecoastalcarolinas.org

Where can I find the form 990 for The Carol S Petrea Youth Golf Foundation Inc?

The Carol S Petrea Youth Golf Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.firstteecoastalcarolinas.org

Learn more at the official website: www.firstteecoastalcarolinas.org

Mission Statement of The Carol S Petrea Youth Golf Foundation Inc

The Carol S Petrea Youth Golf Foundation Inc is dedicated to providing golf education and character mentoring programs to children residing in southeastern North Carolina and northeastern South Carolina. Through a variety of initiatives, including in-school, after-school, and weekend programs, as well as competitive playing opportunities, the foundation aims to instill valuable life skills and foster a love for the sport in young participants. The organization's mission is to offer instruction and mentorship to youth at various golf course locations, from the Grand Strand of South Carolina to the Crystal Coast of North Carolina. By providing these opportunities, The Carol S Petrea Youth Golf Foundation Inc seeks to empower and inspire the next generation of golfers while instilling essential values such as discipline, teamwork, and sportsmanship.

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Impact




October, 2024

The Carol S Petrea Youth Golf Foundation Inc significantly impacts children in Southeastern and Northeastern North Carolina by providing essential golf education and character mentoring programs. Through in-school, after-school, Saturday, and summer programs, the foundation equips youth with both sporting skills and life lessons.

By offering golf instruction and mentoring at various locations, from the Grand Strand of South Carolina to the Crystal Coast of North Carolina, the foundation fosters a positive and supportive environment for young people. Participants not only gain technical skills in golf but also develop critical character traits such as discipline, teamwork, and resilience.

Moreover, by facilitating various competitive playing opportunities, the foundation encourages personal growth and self-confidence among participants. This holistic approach helps shape well-rounded individuals who are prepared to face personal and academic challenges, ultimately contributing to healthier, more engaged communities.




This information is meant to be a general summary of The Carol S Petrea Youth Golf Foundation 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
$440,137 (2022)
Expenses
$545,872 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $319
  • Program Service Revenue: $55,641
  • Gross Receipts: $554,192

Assets and Liabilities:

  • Total Assets: $2,255,887
  • Total Liabilities: $182,170
  • Net Assets: $2,073,717

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Programs

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

YOUTH INSTRUCTION

Revenue

$54,341

OTHER FEES

Revenue

$1,300

Organization Details

Founding Year

2004

Principal Officer

Terry Boldt

Main Address

PO BOX 1820, SHALLOTTE, NC, 284591820

NTEE Category

Code: N40 - Recreation

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