Overview
What is Gateway Sports & Pools Inc?
Gateway Sports & Pools Inc, situated in Cohoes, New York, is a public sports facility operator. The nonprofit organization manages an extensive sports complex, catering to both members and visitors, who can rent various sections of the facility. The complex includes amenities such as basketball courts, fitness equipment, swimming pools, and facilities for other sport activities. Additionally, the organization offers instructional programs in swimming, basketball, and pickleball, with a focus on fostering personal growth and discipline. These programs aim to enhance individual character development.
Official website here: www.joingateway.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50% - One-Star out of Four Stars
Gateway Sports & Pools Inc has received a low rating of 50%, which places it in the one-star category. This score reflects concerns primarily in the areas of accountability and finance. While the organization boasts a majority of independent board members, it falls short with a lack of independent board size and essential policies regarding conflict of interest and whistleblower protections.
The organization demonstrates a commitment to transparency in some areas, such as documenting board meeting minutes and maintaining a material diversion of assets at none. However, the high liabilities to assets ratio of 193.77% raises red flags regarding its financial health. Additionally, the missing tax form on the nonprofit's website may hinder potential donors' insights into the organization's financial practices.
Ultimately, while Gateway Sports & Pools Inc has strengths in its governance structure, significant gaps in financial accountability and policy frameworks need to be addressed to improve its overall rating and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Gateway Sports & Pools Inc legitimate?
Gateway Sports & Pools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gateway Sports & Pools 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: $98,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $212,069
For more financial information, click here
Official website here: www.joingateway.org
What is the mission statement of Gateway Sports & Pools Inc?
Gateway Sports & Pools Inc's mission is centered around operating a public sports facility, encompassing swimming, basketball, fitness, pickleball, and various other sports. The primary objective of this organization is to foster the development of individual character and discipline through these activities. The sports complex they manage provides access to court sports, fitness equipment, a swimming pool, and other related sports programs and facilities. Instructional classes in swimming, basketball, and pickleball are offered, aiming to enhance personal discipline and character development.
Official website here: www.joingateway.org
Who is the CEO of Gateway Sports & Pools Inc?
Craig Roopchand is the Treasurer of Gateway Sports & Pools Inc.
Official website here: www.joingateway.org
What is the revenue of Gateway Sports & Pools Inc?
Gateway Sports & Pools Inc's revenue in 2022 was $541,828.
Official website here: www.joingateway.org
Who are the executives of Gateway Sports & Pools Inc and what are their salaries?
There 5 volunteers at Gateway Sports & Pools Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.joingateway.org
Where can I find the form 990 for Gateway Sports & Pools Inc?
Gateway Sports & Pools Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.joingateway.org
Learn more at the official website: www.joingateway.org
Mission Statement of Gateway Sports & Pools Inc
Gateway Sports & Pools Inc, a public sports facility, is dedicated to its mission. This mission encompasses operating a comprehensive sports complex, providing access to swimming, basketball, fitness, and pickleball, among other activities. The primary objective of this organization is to foster the development of individual character and discipline through these sports. By offering various sports programs and facilities, Gateway Sports & Pools Inc encourages personal growth and self-discipline among its members and guests. Instructional classes in swimming, basketball, and pickleball are conducted at the complex to further enhance these developmental aspects.
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Impact
July, 2024
Gateway Sports & Pools Inc, based in Cohoes, NY, has a significant impact on the community by providing a range of sporting facilities and programs aimed at the development of individual character and discipline. The organization operates a sports complex that offers various sports activities such as swimming, basketball, pickleball, and fitness programs to its members and guests. By providing access to these facilities, Gateway Sports & Pools Inc contributes to the physical and mental well-being of the community members, fostering individual growth and personal development. The organization's mission to promote sports and recreation for character development makes it a valuable asset in promoting a healthy and active lifestyle in the area.
This information is meant to be a general summary of Gateway Sports & Pools 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: $327,839
- Gross Receipts: $541,828
Assets and Liabilities:
- Total Assets: $1,030,182
- Total Liabilities: $1,405,968
- Net Assets: -$375,786
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sports Complex Programs
Revenue
$327,839
Organization Details
Founding Year
2014
Principal Officer
Craig Roopchand
Main Address
20 Remsen St STE 5, Cohoes, NY, 12047
Website
www.joingateway.orgNTEE Category
Code: N60 - Recreation
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