Sports And Fitness Industry Association

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

EIN: 360753520 ✦ Silver spring, MD ✦ Designated as a 501(c)(6)

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Overview

What is Sports And Fitness Industry Association?

The Sports And Fitness Industry Association is a nonprofit organization situated in Silver Spring, Maryland, specifically at 962 Wayne Avenue 300. Its primary mission is to boost sports and fitness participation and strengthen the industry's vitality. The association carries out various activities to achieve these goals, including marketing services, member services, legislative activities, and educational initiatives. These endeavors aim to support and foster the sporting goods industry. The organization employs a team of six individuals, showcasing its dedication to this cause.


Official website here: www.sfia.org

Is Sports And Fitness Industry Association legitimate?

Sports And Fitness Industry Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Sports And Fitness Industry 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: $382,552
Professional Fundraising Fees: $0
Other Salaries and Wages: $570,076

For more financial information, click here


Official website here: www.sfia.org

What is the mission statement of Sports And Fitness Industry Association?

The Sports and Fitness Industry Association's mission is centered around promoting the participation in sports and fitness, as well as ensuring the vitality of the industry. To accomplish this, they engage in various activities such as marketing services, member services, legislative activities, and educational programs. These initiatives are designed to support and foster the growth of the sports goods industry.


Official website here: www.sfia.org

Who is the CEO of Sports And Fitness Industry Association?

Thomas J Cove is the Ceo & President of Sports And Fitness Industry Association. The CEO's salary of Sports And Fitness Industry Association is $358,477 and their total compensation is $382,552.


Official website here: www.sfia.org

What is the revenue of Sports And Fitness Industry Association?

Sports And Fitness Industry Association's revenue in 2022 was $1,604,131.


Official website here: www.sfia.org

Who are the executives of Sports And Fitness Industry Association and what are their salaries?

The average compensation at Sports And Fitness Industry Association during 2022 was $158,771. There are 6 employees and 25 volunteers at Sports And Fitness Industry Association.


Here are 20 key members and their salaries (Sports And Fitness Industry Association's CEO's salary is $358,477 and their total compensation is $382,552):


Thomas Cove (Ceo & President)
  • Compensation: $358,477
  • Related: $0
  • Other: $24,075
Dan Arment (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Ram (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Bendall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roman Oben (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Sheridan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Zlaket (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrance Babilla (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Dawson Ricketts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Elliott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Fiorini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rawleigh Grove (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Hilvert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Mcdonald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Schroeder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura St George (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Tandan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marco Zambianchi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Sells (Vice President)
  • Compensation: $192,266
  • Related: $0
  • Other: $20,653


Official website here: www.sfia.org

Where can I find the form 990 for Sports And Fitness Industry Association?

Sports And Fitness Industry Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sfia.org

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

Mission Statement of Sports And Fitness Industry Association

The Sports and Fitness Industry Association, often abbreviated as SFIA, is dedicated to promoting the participation in sports and the vitality of the fitness industry. To accomplish this goal, SFIA engages in various activities, including marketing services, member services, legislative activities, and educational initiatives. These endeavors are designed to support and foster the growth of the sports goods industry. By undertaking these activities, SFIA works tirelessly to increase participation in sports and fitness, ultimately benefiting individuals and the industry as a whole.

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Impact




October, 2024

The Sports And Fitness Industry Association significantly impacts the sports and fitness landscape through its various initiatives. By providing marketing services and member support, it enhances the visibility and growth of the sporting goods industry. Its legislative activities advocate for policies that support both the industry and participation in sports and fitness, ensuring a favorable environment for growth and innovation.

Additionally, the association focuses on education, offering resources that inform and empower members and stakeholders about trends, challenges, and opportunities in the industry. This education fosters community engagement and encourages broader participation in sports and fitness activities, directly contributing to community improvement and overall public health.

Through these multifaceted efforts, the association plays a vital role in promoting sports and fitness participation, driving the vitality of the industry, and ultimately enriching the community's wellbeing.




This information is meant to be a general summary of Sports And Fitness Industry 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.

Revenue
$1,604,131 (2022)
Expenses
$2,076,517 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $91,912
  • Program Service Revenue: $1,180,877
  • Gross Receipts: $1,604,131

Assets and Liabilities:

  • Total Assets: $4,190,806
  • Total Liabilities: $507,045
  • Net Assets: $3,683,761

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Programs

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

MEMBERSHIP

Revenue

$916,877

CONFERENCE

Revenue

$144,000

DTMBA FEES

Revenue

$100,000

RESEARCH INCOME

Revenue

$20,000

Organization Details

Founding Year

1975

Principal Officer

Thomas J Cove

Main Address

962 WAYNE AVENUE 300, SILVER SPRING, MD, 20910

NTEE Category

Code: S41 - Community improvement

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