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Women's Tennis Benefit Association Inc

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

EIN: 311618547 ✦ North reading, MA ✦ Designated as a 501(c)(6)

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Overview

What is Women's Tennis Benefit Association Inc?

The Women's Tennis Benefit Association Inc, based in North Reading, Massachusetts, is a nonprofit organization dedicated to serving the interests of female tennis professionals. Their primary mission is to unify these professionals and represent them sincerely. The association manages and administers their retirement plan investments, health benefits, and other assets, ensuring the well-being of its members. The Women's Tennis Benefit Association Inc plays a significant role in promoting and protecting the common interests of women tennis professionals, contributing to the growth and success of the sport.

Is Women's Tennis Benefit Association Inc legitimate?

Women's Tennis Benefit Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Women's Tennis Benefit Association 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: $452,835
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Women's Tennis Benefit Association Inc?

The Women's Tennis Benefit Association Inc. is committed to promoting and safeguarding the shared interests of all female tennis professionals. Their mission is to serve as a unifying force, fostering a sincere and representative organization that represents these professionals effectively. Additionally, the association manages and administers the retirement plan investments, health benefits, and other assets on behalf of its members. This organization plays a crucial role in supporting and protecting the interests of female tennis professionals throughout their careers.

Who is the CEO of Women's Tennis Benefit Association Inc?

Lisa Grattan is the Executive Director of Women's Tennis Benefit Association Inc.

What is the revenue of Women's Tennis Benefit Association Inc?

Women's Tennis Benefit Association Inc's revenue in 2022 was $4,063,885.

Who are the executives of Women's Tennis Benefit Association Inc and what are their salaries?


Here are 6 key members and their salaries:


Anja Vreg (Director)
  • Compensation: $75,667
  • Related: $0
  • Other: $0
Brandon Burke (Chairman)
  • Compensation: $77,167
  • Related: $0
  • Other: $0
Kristie Ahn (Director)
  • Compensation: $79,167
  • Related: $0
  • Other: $0
Vanessa Webb (Treasurer)
  • Compensation: $104,167
  • Related: $0
  • Other: $0
Lisa Grattan (Executive Director)
  • Compensation: $116,667
  • Related: $0
  • Other: $0
Anita Pelletier (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Women's Tennis Benefit Association Inc?

Women's Tennis Benefit Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Women's Tennis Benefit Association Inc

The Women's Tennis Benefit Association Inc, as a nonprofit organization, is dedicated to promoting and safeguarding the shared interests of all women tennis professionals. Its mission is to foster a united front among these professionals, acting as a sincere and representative body that champions their collective concerns. This association seeks to manage and administer various assets, including retirement plan investments and health benefits, on behalf of its members. By doing so, it aims to provide a supportive network and resources for women tennis professionals throughout their careers.

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Impact




October, 2024

The Women's Tennis Benefit Association Inc significantly impacts the professional women's tennis community by promoting and safeguarding the shared interests of its members. By uniting female tennis professionals, it fosters a sense of solidarity and collaboration within the sport, ensuring that their voices and concerns are represented effectively.

One of the key contributions of the organization is its administration and management of retirement plan investments and health benefits for its members. This support is crucial in providing financial security and well-being for women athletes, particularly as they transition through different stages of their careers. By focusing on health benefits and retirement planning, the association plays an essential role in enhancing the quality of life for tennis professionals, enabling them to thrive both on and off the court.

Overall, the Women's Tennis Benefit Association Inc is instrumental in creating a supportive framework that empowers women in tennis, allowing them to navigate their professional journeys with greater confidence and assurance.




This information is meant to be a general summary of Women's Tennis Benefit Association 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
$4,063,885 (2022)
Expenses
$4,309,604 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $212,334
  • Program Service Revenue: $3,421,801
  • Gross Receipts: $5,789,038

Assets and Liabilities:

  • Total Assets: $122,155,242
  • Total Liabilities: $113,181,192
  • Net Assets: $8,974,050

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Programs

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

WTA TOUR MEMBERSHIP DISTRIBUTIONS

Revenue

$3,373,393

MEMBERS HEALTH & DISABILITY INSUR

Revenue

$48,408

Organization Details

Founding Year

1998

Principal Officer

Lisa Grattan

Main Address

PO BOX 188, NORTH READING, MA, 01864

NTEE Category

Code: N50 - Recreation

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