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V3 Sports Inc

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

EIN: 474208106 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is V3 Sports Inc?

V3 Sports Inc, located in Minneapolis, Minnesota, is a nonprofit organization dedicated to promoting health, wellness, equity, and opportunities for the North Minneapolis community. They deliver various programs including swimming lessons, lifeguard training, and swim instructor training. Their mission extends beyond fitness, as they aim to create a positive impact through water safety education and economic development. V3 Sports Inc employs a team of ten individuals in their mission to make a difference.


Official website here: www.v3sports.org

Is V3 Sports Inc legitimate?

V3 Sports Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. V3 Sports 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $74,767
Other Salaries and Wages: $165,170

For more financial information, click here


Official website here: www.v3sports.org

What is the mission statement of V3 Sports Inc?

V3 Sports Inc is dedicated to enhancing health, wellness, equity, and opportunities for individuals through fitness, water safety, education, and economic impact. In practice, this organization delivers swimming lessons, trains lifeguards, and provides swim instructor certifications to community members. Furthermore, V3 Sports Inc hosts fitness events to promote physical well-being and overall health within the community.


Official website here: www.v3sports.org

Who is the CEO of V3 Sports Inc?

Analyah Schlaeger Dos Santos is the Director And Chair of V3 Sports Inc.


Official website here: www.v3sports.org

What is the revenue of V3 Sports Inc?

V3 Sports Inc's revenue in 2022 was $15,786,495.


Official website here: www.v3sports.org

Who are the executives of V3 Sports Inc and what are their salaries?

The average compensation at V3 Sports Inc during 2022 was $16,517. There are 10 employees and 80 volunteers at V3 Sports Inc.

Here are 16 key members and their salaries:

    Jane Townsend (Managing Director)
  • Compensation: $72,231
  • Related: $0
  • Other: $0

    • Isaac De Souza (Director)
  • Compensation: $14,715
  • Related: $0
  • Other: $0

    • Ezra Hyland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Froehle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Plummer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerome Treadwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henry Lake (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tamera Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wokie Weah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Shingler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tru Pettigrew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Analyah Schlaeger Dos Santos (Director And Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sherman Patterson Jr (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darrell Thompson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ricky Margarit (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erika Binger (Founding Director And Coach)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.v3sports.org

    Where can I find the form 990 for V3 Sports Inc?

    The V3 Sports Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.v3sports.org

    Learn more at the official website: www.v3sports.org

    Mission Statement of V3 Sports Inc

    V3 Sports Inc, a dynamic organization, strives to enhance the health and wellbeing of communities by promoting fitness, water safety, education, and economic opportunities. With a mission to provide health, wellness, equity, and chance, V3 Sports Inc sets out to make a significant impact.

    Through its various programs, V3 Sports Inc delivers swimming lessons to community members. These essential skills not only ensure safety around water but also open doors to new experiences and opportunities. Furthermore, the organization goes beyond just teaching swimming by offering lifeguard and swim instructor training. By empowering locals with these valuable certifications, V3 Sports Inc fosters employment opportunities and contributes to the economic growth of the community.

    Moreover, V3 Sports Inc organizes fitness events in the community. These events serve as excellent platforms for individuals to engage in physical activities, promote a healthy lifestyle, and build camaraderie among neighbors. By focusing on fitness, water safety, education, and economic impact, V3 Sports Inc is dedicated to making a tangible difference in the lives of those it serves.

    Impact

    This information is meant to be a general summary of V3 Sports Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    V3 Sports Inc has made a significant impact by providing health, wellness, equity, and opportunity to the North Minneapolis community through its various programs. By offering swimming lessons, lifeguard training, swim instructor training, and fitness events, V3 is actively promoting water safety, education, and economic empowerment in the community. Their initiatives not only enhance the physical well-being of individuals but also contribute towards creating a more inclusive and healthier environment for all residents. Overall, V3 Sports Inc's efforts are helping to improve the overall quality of life in North Minneapolis.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $26,840
  • Program Service Revenue: $1,007
  • Gross Receipts: $16,179,207

    • Assets and Liabilities:
  • Total Assets: $17,621,946
  • Total Liabilities: $1,279,408
  • Net Assets: $16,342,538
  • Programs

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

    Program Revenue

    Revenue

    $1,007

    Organization Details

    Founding Year

    2015

    Principal Officer

    Analyah Schlaeger Dos Santos

    Main Address

    701 Plymouth Ave N Ste 102, Minneapolis, MN, 55411

    NTEE Category

    Code: N40 - Recreation

    If you are a representative of V3 Sports Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.