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Special Olympics Minnesota Inc

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

EIN: 411228157 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Special Olympics Minnesota Inc?

Special Olympics Minnesota Inc, situated in Minneapolis, Minnesota, is a nonprofit organization dedicated to empowering individuals with intellectual disabilities. They provide year-round sports training and competitive opportunities, fostering personal growth, community engagement, and global transformation. Their mission encompasses athletic, health, and leadership programs, enabling participants to enhance their skills and contribute positively to their communities and the world at large. With a team of 60 employees, Special Olympics Minnesota Inc is committed to promoting inclusivity and equality through sports.


Official website here: www.specialolympicsminnesota.org

What are the reviews and ratings of this charity?

**: Charity Navigator Rating 100% (Four-Star out of Four Stars )**ar Rating)**

Special Olympics Minnesota Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial transparency. The charity's overall score of 100% is entirely derived from its Accountability & Finance metrics, highlighting its robust financial practices. The organization boasts a fully independent board and a commendable program expense ratio of over 75%, signifying that a significant portion of its funds directly support its mission.

Among its strengths, Special Olympics Minnesota stands out for its comprehensive financial oversight, with no reported material diversions of assets and 100% compliance in various financial policies. The organization has secured top marks in multiple categories, including its liabilities to asset ratio and fundraising efficiency, exhibiting both sound financial health and effective fundraising practices. However, it should be noted that the charity has not yet been evaluated on its impact, culture, or leadership adaptability, which could provide a broader context for its overall effectiveness.

Not Available


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

Is Special Olympics Minnesota Inc legitimate?

Special Olympics Minnesota Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Special Olympics Minnesota 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: $373,064
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,589,783

For more financial information, click here


Official website here: www.specialolympicsminnesota.org

What is the mission statement of Special Olympics Minnesota Inc?

Special Olympics Minnesota Inc's mission is centered around providing year-round sports training and competition opportunities for individuals with intellectual disabilities. Through their athletic, health, and leadership programs, they allow these individuals to undergo personal transformations that extend beyond themselves, positively impacting their communities and the world at large. The organization's primary objective is to empower participants, enabling them to lead fulfilling lives. The specifics of the sports schedule can be found elsewhere for further details.


Official website here: www.specialolympicsminnesota.org

Who is the CEO of Special Olympics Minnesota Inc?

David Dorn is the Treasurer of Special Olympics Minnesota Inc. The CEO's salary of Special Olympics Minnesota Inc is $208,781 and their total compensation is $238,708.


Official website here: www.specialolympicsminnesota.org

What is the revenue of Special Olympics Minnesota Inc?

Special Olympics Minnesota Inc's revenue in 2022 was $10,481,322.


Official website here: www.specialolympicsminnesota.org

Who are the executives of Special Olympics Minnesota Inc and what are their salaries?

The average compensation at Special Olympics Minnesota Inc during 2022 was $49,381. There are 60 employees and 2755 volunteers at Special Olympics Minnesota Inc.


Here are 23 key members and their salaries (Special Olympics Minnesota Inc's CEO's salary is $208,781 and their total compensation is $238,708):


Abby Hirsch (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kiel Mcelveen (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Passaro (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rayne Olson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Kropp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Peterson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Larson (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Torgerson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Spencer (Past Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Hjerpe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nils Snyder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Cherico (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Ackerman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Ting (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Booth (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Cannon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David King (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Fields (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Dorn (President/Ceo)
  • Compensation: $208,781
  • Related: $0
  • Other: $29,927
Melissa Holmes (Vp Of Finance)
  • Compensation: $129,632
  • Related: $0
  • Other: $4,723
William Fish (Executive Vp Of Developmen)
  • Compensation: $186,902
  • Related: $0
  • Other: $23,517
Michael Kane (Vice President Program)
  • Compensation: $148,264
  • Related: $0
  • Other: $5,716
Greg Vanselow (Vice President Operations)
  • Compensation: $122,784
  • Related: $0
  • Other: $9,458


Official website here: www.specialolympicsminnesota.org

Where can I find the form 990 for Special Olympics Minnesota Inc?

Special Olympics Minnesota Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.specialolympicsminnesota.org

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

Mission Statement of Special Olympics Minnesota Inc

Special Olympics Minnesota Inc, a renowned organization, is committed to offering year-round sports training and competition for individuals with intellectual disabilities. Their mission, in essence, aims to transform these individuals, their communities, and the world at large. Through their athletic, health, and leadership programs, they empower children and adults with intellectual disabilities, enabling them to push their boundaries and realize their potential. Special Olympics Minnesota Inc's initiatives go beyond just sports; they foster personal growth, promote health, and cultivate leadership skills, ultimately contributing to a more inclusive and supportive society.

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Impact




July, 2024

Special Olympics Minnesota Inc offers people with intellectual disabilities year-round sports training and competition. Through their athletic, health, and leadership programs, individuals with intellectual disabilities have the opportunity to transform themselves, their communities, and the world.




This information is meant to be a general summary of Special Olympics Minnesota 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
$10,481,322 (2022)
Expenses
$7,700,568 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $125,036
  • Program Service Revenue: $1,440
  • Gross Receipts: $11,511,835

Assets and Liabilities:

  • Total Assets: $13,442,317
  • Total Liabilities: $2,984,519
  • Net Assets: $10,457,798

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Programs

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

TRAINING

Revenue

$1,440

Organization Details

Founding Year

1973

Principal Officer

David Dorn

Main Address

900 2ND AVE S 300, MINNEAPOLIS, MN, 55402

NTEE Category

Code: N70 - Recreation

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