Schwaben Athletic Club

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

EIN: 362539902 ✦ Buffalo grove, IL ✦ Designated as a 501(c)(3)

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Overview

What is Schwaben Athletic Club?

The Schwaben Athletic Club is a nonprofit organization, dedicated to fostering the popularity and skillset of soccer among both children and adults throughout the year. Their primary mission revolves around instructing and advocating for the sport, ensuring its accessibility and enjoyment year-round for all interested individuals.


Official website here: www.schwabensoccer.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69% (Two-Star out of Four Star rating). This rating indicates that Schwaben Athletic Club has room for improvement in its accountability and financial practices, despite some strengths in governance and program expenses.

The organization demonstrates strong governance with a fully independent board and a high score for its liabilities to assets ratio. Additionally, it shows efficiency in its program expenses, allocating 25 out of 25 points in that category, which reflects a commitment to its core mission and services.

However, the club falls short in several key areas, particularly regarding its conflict of interest policy, whistleblower policy, and document retention practices, all scoring zero. These deficiencies suggest a need for enhanced transparency and governance policies to ensure the organization's integrity and accountability to its stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Schwaben Athletic Club legitimate?

Schwaben Athletic Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schwaben Athletic Club 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: $0

For more financial information, click here


Official website here: www.schwabensoccer.com

What is the mission statement of Schwaben Athletic Club?

The Schwaben Athletic Club is dedicated to instructing and advocating for the sport of soccer among both children and adults throughout the entire year. Their mission is to teach and foster an interest in soccer, providing opportunities for individuals of all ages to engage in the sport. By doing so, they aim to promote the growth and development of soccer skills and passion within their community.


Official website here: www.schwabensoccer.com

Who is the CEO of Schwaben Athletic Club?

William Schaeffer is the President of Schwaben Athletic Club.


Official website here: www.schwabensoccer.com

What is the revenue of Schwaben Athletic Club?

Schwaben Athletic Club's revenue in 2022 was $502,335.


Official website here: www.schwabensoccer.com

Who are the executives of Schwaben Athletic Club and what are their salaries?

There 50 volunteers at Schwaben Athletic Club.


Here are 7 key members and their salaries:


Erwin Sendef (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Horst Lichtenberger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Schaeffer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi Janetzki (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Roehl (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erika Amling (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rudy Frank (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.schwabensoccer.com

Where can I find the form 990 for Schwaben Athletic Club?

Schwaben Athletic Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.schwabensoccer.com

Learn more at the official website: www.schwabensoccer.com

Mission Statement of Schwaben Athletic Club

Schwaben Athletic Club, a notable organization, is dedicated to instilling a passion for soccer in both young and adult individuals. Their primary mission is to educate and foster an appreciation for the sport throughout the year. By teaching and promoting soccer, Schwaben Athletic Club seeks to engage and inspire individuals, regardless of their age or skill level. The club's commitment to soccer extends beyond the usual seasonal boundaries, making it an all-year-round advocate for this beloved sport.

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Impact




July, 2024

Schwaben Athletic Club has a significant impact on the community of Buffalo Grove, Illinois by teaching and promoting the sport of soccer to boys, girls, and adults throughout the entire year. Through its dedicated efforts, Schwaben Athletic Club has not only provided opportunities for individuals to participate in recreational soccer but has also contributed to the overall health and well-being of its members. The club's mission to promote the sport of soccer underscores its commitment to fostering a love for the game and helping individuals develop important skills both on and off the field.




This information is meant to be a general summary of Schwaben Athletic Club. 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
$502,335 (2022)
Expenses
$570,499 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $15,596
  • Program Service Revenue: $427,170
  • Gross Receipts: $708,218

Assets and Liabilities:

  • Total Assets: $913,267
  • Total Liabilities: $0
  • Net Assets: $913,267

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Programs

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

Soccer Program Fees

Revenue

$427,170

Organization Details

Founding Year

1926

Principal Officer

William Schaeffer

Main Address

301 N Weiland Road, Buffalo Grove, IL, 60089

NTEE Category

Code: N40 - Recreation

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