Overview
What is Greater Louisville Sports Commission Inc?
Greater Louisville Sports Commission Inc, based in Louisville, Kentucky, serves as a catalyst for enhancing the community's quality of life and economic vitality. As a nonprofit organization, their primary mission is to attract, create, and host high-quality sports events in the Louisville area. These events not only contribute to the local economy but also promote active lifestyles and brand Louisville as an appealing place to live, work, and play. With a team of dedicated individuals, the Louisville Sports Commission provides a platform for various sporting activities, thereby fostering a sense of unity and enjoyment within the community.
Official website here: www.louisvillesports.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star rating)
The Greater Louisville Sports Commission Inc has achieved a solid 89% score, reflecting strong accountability and financial practices. This rating is based entirely on the Accountability & Finance metrics, indicating that the organization maintains a high level of transparency and governance. Notably, the board is composed entirely of independent members, demonstrating a commitment to unbiased oversight.
The organization has excelled in several key areas, including financial statements oversight and conflict of interest policies, both of which scored exceptionally high. With a program expense ratio of 70.69%, a significant portion of its resources is directed towards its programs, which is a positive indicator of its operational efficiency and commitment to its mission.
However, the liabilities to assets ratio stands at 59.08%, which suggests that while the organization is effectively managing its finances, there may be room for improvement in its overall financial stability. Despite this, the absence of material asset diversion and the presence of essential policies such as whistleblower and document retention policies contribute to the overall strength of the organization's governance.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Louisville Sports Commission Inc legitimate?
Greater Louisville Sports Commission Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Louisville Sports Commission 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: $146,889
Professional Fundraising Fees: $0
Other Salaries and Wages: $434,118
For more financial information, click here
Official website here: www.louisvillesports.org
What is the mission statement of Greater Louisville Sports Commission Inc?
The Greater Louisville Sports Commission Inc's mission is centered around promoting active lifestyles and boosting economic growth. They achieve this by attracting, creating, and hosting high-quality sporting events in the local area. These events not only enhance the community's quality of life but also help in branding Louisville as an excellent place to live, work, and play. The commission's activities are geared towards supporting sports and sporting activities, aiming to enrich the community's overall well-being.
Official website here: www.louisvillesports.org
Who is the CEO of Greater Louisville Sports Commission Inc?
Gregory A Fante is the Executive Committee of Greater Louisville Sports Commission Inc. The CEO's salary of Greater Louisville Sports Commission Inc is $129,179 and their total compensation is $146,889.
Official website here: www.louisvillesports.org
What is the revenue of Greater Louisville Sports Commission Inc?
Greater Louisville Sports Commission Inc's revenue in 2022 was $1,543,410.
Official website here: www.louisvillesports.org
Who are the executives of Greater Louisville Sports Commission Inc and what are their salaries?
The average compensation at Greater Louisville Sports Commission Inc during 2022 was $64,556. There are 9 employees and 101 volunteers at Greater Louisville Sports Commission Inc.
Here are 33 key members and their salaries (Greater Louisville Sports Commission Inc's CEO's salary is $129,179 and their total compensation is $146,889):
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- Compensation: $129,179
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Official website here: www.louisvillesports.org
Where can I find the form 990 for Greater Louisville Sports Commission Inc?
Greater Louisville Sports Commission Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.louisvillesports.org
Learn more at the official website: www.louisvillesports.org
Mission Statement of Greater Louisville Sports Commission Inc
Greater Louisville Sports Commission Inc is dedicated to fostering active lifestyles and boosting economic growth by drawing, creating, and organizing top-tier sporting events in the local area. Their primary objective is to attract, create, and host these events, which in turn increase economic vitality, enhance the quality of life, promote healthy living, and project Louisville as an attractive place to live, work, and play. The commission's role extends beyond just promoting sports and sporting activities; it also supports the broader interest of sports within the community, thereby contributing to an improved quality of life for its residents.
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Impact
July, 2024
The Greater Louisville Sports Commission Inc's impact is significant in promoting active lifestyles and enhancing economic vitality in the Louisville area. By attracting, creating, and hosting quality sporting events, the organization contributes to increasing economic activity, improving the quality of life, promoting healthy lifestyles, and branding Louisville as a great place to live, work, and play. Their efforts have a positive ripple effect on the community, bringing people together through sports and encouraging physical activity.
This information is meant to be a general summary of Greater Louisville Sports Commission 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: $120
- Program Service Revenue: $880,050
- Gross Receipts: $1,548,530
Assets and Liabilities:
- Total Assets: $520,256
- Total Liabilities: $369,109
- Net Assets: $151,147
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENTS
Revenue
$880,050
Organization Details
Founding Year
2000
Phone
(502) 587-7767Principal Officer
Gregory A Fante
Main Address
401 W MAIN ST 2200, LOUISVILLE, KY, 40202
Website
www.louisvillesports.orgNTEE Category
Code: N310 - Recreation
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