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United States Diving Foundation Inc

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

EIN: 311153995 ✦ Carmel, IN ✦ Designated as a 501(c)(3)

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Overview

What is United States Diving Foundation Inc?

The United States Diving Foundation Inc, located in Carmel, Indiana, serves as an auxiliary to its single member, USA Diving Inc. Their primary mission is to support the educational goals of USA Diving Inc. The foundation uses block grant funds to supplement its operating budget, primarily for employee compensation and benefits, as well as to assist USA Diving staff in their roles supporting the general membership, which includes arranging communications and travel for elite divers and coaches.


Official website here: www.usadivingfoundation.org

Is United States Diving Foundation Inc legitimate?

United States Diving Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United States Diving 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: $17,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.usadivingfoundation.org

What is the mission statement of United States Diving Foundation Inc?

The United States Diving Foundation Inc's mission is centered around carrying out the educational functions of its affiliated organization, USA Diving Inc. The foundation's primary objective is to supplement the operational budget of USA Diving Inc, utilizing the block grant received for various purposes. These include supporting the payroll and benefits of USA Diving staff, as well as providing assistance in communication and travel arrangements for elite divers and coaches, thereby enriching the general membership experience.


Official website here: www.usadivingfoundation.org

What is the revenue of United States Diving Foundation Inc?

United States Diving Foundation Inc's revenue in 2023 was $166,622.


Official website here: www.usadivingfoundation.org

Who are the executives of United States Diving Foundation Inc and what are their salaries?

There 8 volunteers at United States Diving Foundation Inc.

Here are 10 key members and their salaries:


Jared Book (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Micki King (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Walker (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Voellmecke (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Gompf (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Mcfarland (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Stillson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Potter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Smith (President)
  • Compensation: $9,000
  • Related: $0
  • Other: $0
Michael Whitlock (Assistant Treasurer)
  • Compensation: $8,400
  • Related: $0
  • Other: $0


Official website here: www.usadivingfoundation.org

Where can I find the form 990 for United States Diving Foundation Inc?

United States Diving Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.usadivingfoundation.org

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

Mission Statement of United States Diving Foundation Inc

The United States Diving Foundation Inc is dedicated to fulfilling the educational functions of its parent organization, USA Diving Inc. In essence, its mission is to support and bolster the operations of USA Diving Inc, ensuring its smooth functioning. This support includes providing financial assistance through block grants, which are utilized to supplement the operational budget of USA Diving Inc. These grants are primarily allocated for payroll and benefits for the organization's staff, as well as for supporting roles that cater to the general membership. This includes tasks such as communications and travel arrangements for elite divers and coaches. By doing so, the United States Diving Foundation Inc plays a crucial role in upholding the educational objectives and activities of USA Diving Inc.

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Impact




October, 2024

The United States Diving Foundation Inc plays a crucial role in enhancing the sport of diving in the United States through its support of USA Diving, Inc. By supplementing the operating budget, the Foundation ensures that vital resources are available for payroll, benefits, and staffing. This support allows for effective communication and travel arrangements for elite divers and coaches, facilitating their participation in competitive events and training opportunities.

Moreover, the educational functions carried out by the Foundation contribute to the growth and development of athletes at all levels. By focusing on the advancement of diving education and training, the Foundation fosters a strong, competitive diving community, ultimately elevating the sport both nationally and internationally. The impact of its initiatives resonates through the training and successes of diver athletes, enriching the recreational landscape in the U.S. and promoting a culture of excellence in diving.




This information is meant to be a general summary of United States Diving 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
$166,622 (2023)
Expenses
$273,577 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $108,555
  • Gross Receipts: $922,450

Assets and Liabilities:

  • Total Assets: $3,859,409
  • Total Liabilities: $50,000
  • Net Assets: $3,809,409

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Organization Details

Founding Year

1985

Principal Officer

Todd Smith

NTEE Category

Code: N67Z - Recreation

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