Overview
What is Vtwc Inc?
Vtwc Inc, also known as The Weight Club, is a nonprofit organization located in Blacksburg, Virginia. With a workforce of 84 individuals, their primary focus is on promoting health and strength conditioning among their members, which primarily consist of college students. They offer a variety of exercise classes, such as personal training sessions, group fitness classes like aerobics, yoga, and pilates, and even provide child care services. These activities not only enhance physical well-being but also foster social interaction and encourage a healthy lifestyle among the members.
Official website here: www.theweightclub.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Vtwc Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its operations and transparency. The organization scored 69% overall, with strengths such as having a fully independent board and a solid program expense ratio of 100%, suggesting that all of its funds are directed towards program services. Additionally, there are no reported material diversions of assets, which reflects good financial integrity.
However, the organization faces significant challenges in accountability and financial transparency. It scored poorly in several areas, notably lacking key policies such as those for conflict of interest and whistleblower protection. Furthermore, the absence of financial statements on their website and failure to post their tax form contribute to a lack of transparency that could hinder donor trust and confidence.
Overall, while Vtwc Inc demonstrates strong commitment to program expenses and governance through its independent board, its shortcomings in financial reporting and policy establishment highlight critical areas for improvement that are essential for enhancing accountability and building stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Vtwc Inc legitimate?
Vtwc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vtwc 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: $87,862
Professional Fundraising Fees: $0
Other Salaries and Wages: $503,090
For more financial information, click here
Official website here: www.theweightclub.com
What is the mission statement of Vtwc Inc?
Vtwc Inc, as a health organization, focuses on promoting health and strength conditioning for its members, particularly college students. They accomplish this by providing a range of exercise classes, such as personal training sessions, group fitness classes like aerobics and yoga, pilates, and even child care services. These activities not only enhance physical fitness but also encourage social interaction and foster a lifestyle that prioritizes wellness among its members.
Official website here: www.theweightclub.com
Who is the CEO of Vtwc Inc?
Tom Tillar is the General Mana of Vtwc Inc.
Official website here: www.theweightclub.com
What is the revenue of Vtwc Inc?
Vtwc Inc's revenue in 2022 was $1,725,986.
Official website here: www.theweightclub.com
Who are the executives of Vtwc Inc and what are their salaries?
The average compensation at Vtwc Inc during 2022 was $7,035. There are 84 employees and 6 volunteers at Vtwc Inc.
Here are 6 key members and their salaries:
- Compensation: $87,862
- Related: $0
- Other: $4,218
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.theweightclub.com
Where can I find the form 990 for Vtwc Inc?
Vtwc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theweightclub.com
Learn more at the official website: www.theweightclub.com
Mission Statement of Vtwc Inc
Vtwc Inc, an organization dedicated to promoting health and strength conditioning, plays a significant role in the lives of its members, primarily college students. The nonprofit's mission is multifaceted, encompassing various exercise classes designed to foster social interaction and encourage a healthy lifestyle among its members. Vtwc Inc offers a wide array of activities, including personal training sessions and group fitness classes such as aerobics, yoga, and pilates. Additionally, the organization provides massage services and child care services, ensuring that its members can focus on their health and well-being without worrying about external obligations. Through these offerings, Vtwc Inc seeks to empower its members to lead healthier lives, fostering a sense of community and camaraderie in the process.
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Impact
July, 2024
Vtwc Inc's impact lies in promoting health and strength conditioning for its members, including college students, through a variety of exercise classes and services. By offering activities such as personal training, group fitness classes, massages, and child care services, Vtwc Inc contributes to the physical well-being of its community members in Blacksburg, VA. Additionally, the organization fosters social interaction and healthy living among its members, emphasizing the importance of overall wellness beyond just physical fitness. Through its mission to promote health and strength conditioning, Vtwc Inc plays a vital role in supporting individuals in their journey towards a healthier lifestyle.
This information is meant to be a general summary of Vtwc 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.
- Investment Income: $28,421
- Program Service Revenue: $273,727
- Gross Receipts: $1,892,859
Assets and Liabilities:
- Total Assets: $1,941,151
- Total Liabilities: $496,398
- Net Assets: $1,444,753
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAINING INCOME
Revenue
$273,727
Organization Details
Founding Year
1988
Phone
(540) 951-2949Principal Officer
Tom Tillar
Main Address
801 UNIVERSITY CITY BLVD STE 6, BLACKSBURG, VA, 24060
Website
www.theweightclub.comNTEE Category
Code: N30 - Recreation
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