Overview
What is Chesapeake United Soccer Club Inc?
Chesapeake United Soccer Club Inc, based in Chesapeake, Virginia, serves as a vital nonprofit organization in the local community. Their primary mission is to foster youth soccer development in the greater Chesapeake area. They achieve this goal by establishing leagues and organizing tournaments. The club's primary aim is to offer children an enjoyable soccer experience while also enhancing their skills and understanding of the game. Additionally, the club encourages teamwork and camaraderie among its participants. With a modest workforce of five individuals, Chesapeake United Soccer Club Inc continues to promote the love of soccer and contribute to the personal growth of its young members.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The rating indicates that Chesapeake United Soccer Club Inc demonstrates a decent level of accountability and financial health but falls short in some governance practices. The organization has shown strong financial commitment to its programs, with an impressive program expense ratio of 87.05%, indicating that a significant portion of its funds is directed towards its mission.
Strengths of the organization include a fully independent board of directors, which scored a perfect 10 out of 10. Additionally, the club has no recorded material diversion of assets, showcasing transparency and responsible financial management. It also documents board meeting minutes, which supports its accountability efforts.
However, there are notable limitations in the club's governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy indicates potential areas for improvement in governance practices. Furthermore, the lack of a tax form on the nonprofit's website may reduce transparency for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Chesapeake United Soccer Club Inc legitimate?
Chesapeake United Soccer Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chesapeake United Soccer Club 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $266,194
For more financial information, click here
What is the mission statement of Chesapeake United Soccer Club Inc?
The mission of Chesapeake United Soccer Club Inc, as stated, is centered around providing children with an enjoyable experience in a coaching soccer environment. The primary objective is to foster the development of each child's soccer skills and understanding of the game. Furthermore, the club aims to instill teamwork skills in the children through their soccer-related activities. In essence, Chesapeake United Soccer Club Inc aims to nurture young soccer players in a fun and engaging setting. The club contributes to youth soccer development in the greater Chesapeake, Virginia area by forming leagues and organizing tournaments.
Who is the CEO of Chesapeake United Soccer Club Inc?
Matthew Rudick is the President of Chesapeake United Soccer Club Inc.
What is the revenue of Chesapeake United Soccer Club Inc?
Chesapeake United Soccer Club Inc's revenue in 2023 was $486,327.
Who are the executives of Chesapeake United Soccer Club Inc and what are their salaries?
The average compensation at Chesapeake United Soccer Club Inc during 2023 was $53,239. There are 5 employees and 30 volunteers at Chesapeake United Soccer Club Inc.
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Where can I find the form 990 for Chesapeake United Soccer Club Inc?
Chesapeake United Soccer Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Chesapeake United Soccer Club Inc
Chesapeake United Soccer Club Inc is dedicated to offering children an enjoyable and educational soccer experience. Through its coaching environment, the club aims to foster the development of each child's soccer skills and understanding of the game. Moreover, it encourages the learning of teamwork and cooperation among the young players. By organizing leagues and conducting tournaments, Chesapeake United Soccer Club Inc contributes to the advancement of youth soccer in the greater Chesapeake, Virginia area.
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Impact
July, 2024
The impact of Chesapeake United Soccer Club Inc is evident in the positive development and growth of children's soccer skills and knowledge of the game in the greater Chesapeake, Virginia area. Through its focus on providing a fun and coaching-oriented environment, the club not only enhances the individual soccer abilities of each child but also promotes the learning of important team skills. By offering leagues and organizing tournaments, Chesapeake United Soccer Club contributes to the advancement of youth soccer in the community, providing a platform for children to learn, grow, and enjoy the sport.
This information is meant to be a general summary of Chesapeake United Soccer Club 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 2023.
- Program Service Revenue: $437,867
- Gross Receipts: $486,327
Assets and Liabilities:
- Total Assets: $338,376
- Total Liabilities: $111,820
- Net Assets: $226,556
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership dues
Revenue
$344,695
Tournament income
Revenue
$24,325
Registration & Fees
Camps
Revenue
$68,578
Miscellaneous income
Revenue
$269
Organization Details
Founding Year
1978
Phone
(757) 271-8619Principal Officer
Matthew Rudick
Main Address
PO Box 15524, Chesapeake, VA, 23328
NTEE Category
Code: N64Z - Recreation
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