Overview
What is Great Northeast Athletic Conference Inc?
Great Northeast Athletic Conference Inc is a nonprofit organization situated in Winthrop, Massachusetts, specifically at 217 Lincoln Street. Its primary purpose is to stimulate and foster intercollegiate student athletics within the member institutions, contributing to their overall education and academic growth. The conference legislates rules and policies for these athletic activities, organizes championships, and assists members in scheduling needs. It conducts these events under NCAA rules and other designated regulations. The conference also facilitates the creation of conferences among its members and sets eligibility requirements for championships, ultimately working towards enhancing the academic and social development of student bodies. With a workforce of four individuals, the Great Northeast Athletic Conference Inc plays a significant role in intercollegiate athletics.
Official website here: www.thegnac.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 65%)
The Great Northeast Athletic Conference Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in various operational areas. The organization exhibits strong accountability and finance practices, scoring 100% in this category. However, the lack of independent board members raises concerns about governance and transparency, as there are currently no independent members on the board.
Despite these governance challenges, the nonprofit demonstrates responsible asset management, with a material diversion of assets rated perfectly. The organization has established several key policies, including conflict of interest, whistleblower, and document retention, which are all crucial for maintaining integrity. Additionally, the liabilities to assets ratio is commendable at 0.00%, suggesting a sound financial footing.
On the flip side, the program expense ratio sits at 60.23%, which is lower than ideal, indicating that a portion of funds may not be directed towards direct program services. This, combined with the absence of independent board members, suggests that improvements are needed for the organization to enhance its overall effectiveness and ensure greater accountability to its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Great Northeast Athletic Conference Inc legitimate?
Great Northeast Athletic Conference Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Great Northeast Athletic Conference 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: $120,038
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,446
For more financial information, click here
Official website here: www.thegnac.com
What is the mission statement of Great Northeast Athletic Conference Inc?
The Great Northeast Athletic Conference Inc's mission is centered around stimulating and fostering intercollegiate student athletics, integrating it with the academic programs of its member institutions. This aim is to enhance the individual and social development, as well as the academic enrichment, of the student bodies. The conference also legislates on various aspects of intercollegiate athletics, establishing championships and tournaments for team and individual sports. It helps members meet their scheduling needs by creating conferences and outlining requirements for competition. Additionally, the conference works collaboratively with other organizations to ensure the smooth conduct of intercollegiate athletics, adhering to NCAA rules and regulations.
Official website here: www.thegnac.com
Who is the CEO of Great Northeast Athletic Conference Inc?
Joseph Walsh is the President of Great Northeast Athletic Conference Inc.
Official website here: www.thegnac.com
What is the revenue of Great Northeast Athletic Conference Inc?
Great Northeast Athletic Conference Inc's revenue in 2022 was $509,127.
Official website here: www.thegnac.com
Who are the executives of Great Northeast Athletic Conference Inc and what are their salaries?
The average compensation at Great Northeast Athletic Conference Inc during 2022 was $50,871. There are 4 employees and 6 volunteers at Great Northeast Athletic Conference Inc.
Here are 16 key members and their salaries:
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Official website here: www.thegnac.com
Where can I find the form 990 for Great Northeast Athletic Conference Inc?
Great Northeast Athletic Conference Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thegnac.com
Learn more at the official website: www.thegnac.com
Mission Statement of Great Northeast Athletic Conference Inc
The Great Northeast Athletic Conference Inc is dedicated to stimulating and fostering intercollegiate student athletics as a vital component of the overall educational and academic programs provided by its member institutions. By doing so, it aims to enhance the personal and social development, as well as the academic enrichment, of the student bodies within these institutions. The conference also legislates on various aspects concerning intercollegiate athletics under its rules and policies through By-Laws, regulations, constitutions, and resolutions.
In addition to this, the Great Northeast Athletic Conference Inc establishes conference championships via playoffs in team sports and meets and tournaments in individual sports. These events are conducted under NCAA Rules and any other rules, regulations, and resolutions that the conference may designate. The conference further helps its member institutions to fill their scheduling needs by creating conferences and legislating the requirements for competition in these conferences, including the eligibility of member institutions for those conference championships. Lastly, the Great Northeast Athletic Conference Inc works together with the National Collegiate Athletic Association (NBCA) to ensure that the standards and regulations for intercollegiate athletics are upheld.
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Impact
July, 2024
Great Northeast Athletic Conference Inc's impact lies in its role of stimulating, fostering, and promoting intercollegiate student athletics as an integral part of the education and academic programs offered by member institutions. By organizing and legislating on all areas of concern related to intercollegiate athletics under Conference rules and policies, it enhances individual and social development as well as academic enrichment among student bodies. Additionally, the Conference's establishment of championships and events under NCAA rules provides opportunities for competition and recognition for member institutions. Through collaborations and support for member institutions, the Conference contributes to the overall growth and success of college athletics in the Northeast region.
This information is meant to be a general summary of Great Northeast Athletic Conference 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $328,500
- Gross Receipts: $509,127
Assets and Liabilities:
- Total Assets: $431,766
- Total Liabilities: $0
- Net Assets: $431,766
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$328,500
Organization Details
Founding Year
2012
Phone
(617) 519-0008Principal Officer
Joseph Walsh
Main Address
217 LINCOLN STREET, WINTHROP, MA, 02152
Website
www.thegnac.comNTEE Category
Code: B90 - Education
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