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International Boxing Federation Inc

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

EIN: 550798090 ✦ Springfield, NJ ✦ Designated as a 501(c)(6)

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Overview

What is International Boxing Federation Inc?

The International Boxing Federation Inc, an essential entity in the world of boxing, is a nonprofit organization dedicated to regulating and rating the sport. Their primary role involves establishing, updating, and enforcing rules and regulations for boxing events, ensuring fairness and safety for all competitors. They also sanction and supervise championship bouts, overseeing the organization and execution of these high-stakes matches. Furthermore, the International Boxing Federation rates individual boxers based on their performances, providing a ranking system that reflects their skill and achievements in the sport. This organization plays a crucial role in maintaining the integrity and order of professional boxing.


Official website here: www.ibf-usba-boxing.com

What do the Facebook reviews say about International Boxing Federation Inc?

72% of 48 reviewers on Facebook recommend the International Boxing Federation Inc. Here is a summary of their reviews:

The sentiment towards the organization appears to be mixed, with a notable emphasis on dissatisfaction from a segment of reviewers. Some critics have expressed their discontent regarding support for athletes involved in doping controversies.

Overall, while a portion of the audience shows approval and belief in the organization, the highlighted negative sentiment indicates that there are significant concerns among others regarding its values and the integrity of the sport it governs.


This AI summary has been generated from reviews found on Facebook.

Is International Boxing Federation Inc legitimate?

International Boxing Federation Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. International Boxing Federation 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: $460,239
Professional Fundraising Fees: $0
Other Salaries and Wages: $157,947

For more financial information, click here


Official website here: www.ibf-usba-boxing.com

What is the mission statement of International Boxing Federation Inc?

The International Boxing Federation Inc. is dedicated to setting, revising, and enforcing boxing regulations, overseeing and sanctioning championship boxing events, and rating individual boxers as part of its mission focused on Boxing Regulations & Ratings. This organization plays a significant role in maintaining the integrity and fairness of the sport by establishing and enforcing rules, supervising championship bouts, and evaluating the skills and abilities of individual boxers.


Official website here: www.ibf-usba-boxing.com

Who is the CEO of International Boxing Federation Inc?

Daryl J Peoples is the President/Director of International Boxing Federation Inc.


Official website here: www.ibf-usba-boxing.com

What is the revenue of International Boxing Federation Inc?

International Boxing Federation Inc's revenue in 2022 was $2,444,612.


Official website here: www.ibf-usba-boxing.com

Who are the executives of International Boxing Federation Inc and what are their salaries?

The average compensation at International Boxing Federation Inc during 2022 was $123,637. There are 5 employees at International Boxing Federation Inc.


Here are 10 key members and their salaries:


Daryl J Peoples (President/Director)
  • Compensation: $241,843
  • Related: $0
  • Other: $38,030
Carlos Ortiz Jr (Championship Chairman/Dir)
  • Compensation: $47,696
  • Related: $0
  • Other: $24,791
George Martinez (Ratings Chairman)
  • Compensation: $82,800
  • Related: $0
  • Other: $0
Randy Neumann (Treasurer/Director)
  • Compensation: $11,300
  • Related: $0
  • Other: $0
Ben Keilty (Vice Chair-Ratings Chair/D)
  • Compensation: $21,500
  • Related: $0
  • Other: $0
Melvina Lathan (Director)
  • Compensation: $11,300
  • Related: $0
  • Other: $0
Levi Martinez (Director)
  • Compensation: $11,300
  • Related: $0
  • Other: $0
Pete Podgorski (Director)
  • Compensation: $11,300
  • Related: $0
  • Other: $0
Roberto Ramirez Anglada (Director (Start 5/28/22))
  • Compensation: $11,200
  • Related: $0
  • Other: $0
Massimiliano Bianco (Director (Start 5/28/22))
  • Compensation: $10,000
  • Related: $0
  • Other: $0


Official website here: www.ibf-usba-boxing.com

Where can I find the form 990 for International Boxing Federation Inc?

International Boxing Federation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ibf-usba-boxing.com

Learn more at the official website: www.ibf-usba-boxing.com

Mission Statement of International Boxing Federation Inc

The International Boxing Federation, abbreviated as IBF, is committed to establishing, updating, and enforcing regulations in the realm of boxing. This nonprofit organization plays a crucial role in overseeing championship events and rating individual boxers. Their mission revolves around Boxing Regulations & Ratings, aiming to maintain fairness and consistency in the sport. By sanctioning and supervising championship bouts, the IBF ensures that boxers adhere to strict guidelines, protecting their safety and the integrity of the competitions. Additionally, the organization rates individual boxers based on their performance, providing a transparent system that allows fans and stakeholders to follow the progress of their favorite fighters.

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Impact




October, 2024

The International Boxing Federation Inc significantly impacts the sport of boxing through its comprehensive role in establishing and enforcing rules and regulations that govern the sport. By sanctioning and supervising championship boxing events, it ensures that competitions are held fairly and safely, promoting the integrity of the sport.

Moreover, the IBF maintains a robust rating system for individual boxers, providing a structured framework that helps identify and recognize talent within the sport. This rating system not only impacts boxers' careers by influencing opportunities for championship fights but also enhances fans' engagement and understanding of the sport.

Based in Springfield, NJ, the IBF plays a vital role in the global boxing community by continuously updating its regulations to adapt to the evolving nature of the sport. Through its efforts, the organization contributes to the overall development and governance of boxing, fostering a competitive yet regulated environment for athletes and promoters alike.




This information is meant to be a general summary of International Boxing Federation 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.

Revenue
$2,444,612 (2022)
Expenses
$1,678,980 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $43,103
  • Program Service Revenue: $2,393,924
  • Gross Receipts: $2,736,882

Assets and Liabilities:

  • Total Assets: $4,498,097
  • Total Liabilities: $175,997
  • Net Assets: $4,322,100

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Programs

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

FIGHT SANCTION FEES

Revenue

$1,958,912

PROMOTERS' REGISTRATIO

Revenue

$108,300

CHAMPIONSHIP BELTS & R

Revenue

$90,472

EXCEPTION FEE INCOME

Revenue

$80,850

CONVENTION INCOME

Revenue

$70,210

Organization Details

Founding Year

1999

Principal Officer

Daryl J Peoples

Main Address

899 MOUNTAIN AVENUE 2E, SPRINGFIELD, NJ, 07081

NTEE Category

Code: N80 - Recreation

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