Overview
What is Lead1 Association?
Lead1 Association, based in The Plains, Virginia, is a nonprofit organization with a primary focus on sponsoring college athletics on a national level. Their mission serves the group's information and community needs, as mentioned in the provided information. They incur expenses to execute this purpose, as stated in the description. The organization employs a team of seven individuals. The Lead1 Association's activities extend beyond local boundaries, demonstrating a commitment to promoting and supporting college sports on a national scale.
Official website here: www.lead1association.com
Is Lead1 Association legitimate?
Lead1 Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lead1 Association 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: $637,044
Professional Fundraising Fees: $0
Other Salaries and Wages: $263,168
For more financial information, click here
Official website here: www.lead1association.com
What is the mission statement of Lead1 Association?
The Lead1 Association's mission, as stated, is to sponsor college athletics on a national level, catering to the informational and communal needs of its group. This organization seeks to serve this purpose by investing in expenses that align with its exempt purpose of supporting college athletics.
Official website here: www.lead1association.com
Who is the CEO of Lead1 Association?
Thomas Mcmillen is the Ceo of Lead1 Association. The CEO's salary of Lead1 Association is $475,000 and their total compensation is $508,507.
Official website here: www.lead1association.com
What is the revenue of Lead1 Association?
Lead1 Association's revenue in 2022 was $1,704,481.
Official website here: www.lead1association.com
Who are the executives of Lead1 Association and what are their salaries?
The average compensation at Lead1 Association during 2022 was $128,602. There are 7 employees at Lead1 Association.
Here are 20 key members and their salaries (Lead1 Association's CEO's salary is $475,000 and their total compensation is $508,507):
- Compensation: $475,000
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- Other: $33,507
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- Compensation: $131,100
- Related: $0
- Other: $4,345
Official website here: www.lead1association.com
Where can I find the form 990 for Lead1 Association?
Lead1 Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lead1association.com
Learn more at the official website: www.lead1association.com
Mission Statement of Lead1 Association
Lead1 Association, as outlined in the provided information, is an organization with a mission to support college athletics on a national level, serving the informational and community needs of its group. This nonprofit invests in sponsorships to promote and advance college athletics, thereby fulfilling its exempt purpose. By sponsoring these athletic events, Lead1 Association aims to cater to the interests and needs of its community.
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Impact
October, 2024
Lead1 Association significantly contributes to the landscape of college athletics by fostering collaboration and providing essential resources to institutions across the nation. Their mission centers on sponsoring college athletics and addressing the information and community needs of athletic programs.
Through their efforts, Lead1 enhances the capacity of college athletic departments to thrive and adapt in a dynamic environment. This sponsorship allows schools to access vital information, share best practices, and bolster their community engagement initiatives. The association's work not only improves the operational effectiveness of athletic programs but also enriches the overall experience for student-athletes and their communities.
By prioritizing community improvement, Lead1 Association plays a critical role in ensuring that college athletics remain a vital part of the educational experience, promoting not just sports but also personal and professional development for student-athletes. Their impact is felt in the strengthened capacity of athletic programs to serve their students and communities effectively.
This information is meant to be a general summary of Lead1 Association. 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.
- Investment Income: $20
- Program Service Revenue: $504,461
- Gross Receipts: $1,704,481
Assets and Liabilities:
- Total Assets: $605,721
- Total Liabilities: $809,123
- Net Assets: -$203,402
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTIONS, MEETINGS
Revenue
$504,461
Organization Details
Founding Year
1988
Phone
(540) 364-8131Principal Officer
Thomas Mcmillen
Main Address
4372 OLD TAVERN RD PO BOX 187, THE PLAINS, VA, 20198
Website
www.lead1association.comNTEE Category
Code: S40 - Community improvement
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