Virgin Islands Olympic Committee

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

EIN: 660372891 ✦ St croix, VI ✦ Designated as a 501(c)(3)

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Overview

What is Virgin Islands Olympic Committee?

The Virgin Islands Olympic Committee is a recognized Olympic Committee, situated in Frederiksted, VI. Their primary functions involve program services and management, operating as a professional athletic league. The committee's mission encompasses providing various programs and general services to support the Olympic spirit in the Virgin Islands. They serve as a vital platform for athletes and sports enthusiasts, fostering a sense of unity and competition on a national level.

Is Virgin Islands Olympic Committee legitimate?

Virgin Islands Olympic Committee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virgin Islands Olympic Committee 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: $0

For more financial information, click here

What is the mission statement of Virgin Islands Olympic Committee?

The Virgin Islands Olympic Committee serves as the national Olympic committee, overseeing various programs and functions. Its mission encompasses offering program services and management, functioning as a professional athletic league. The committee's activities are aimed at promoting and supporting athletes from the Virgin Islands in their Olympic pursuits. It operates with a focus on fostering athletic excellence and representing the Virgin Islands on the international Olympic stage.

What is the revenue of Virgin Islands Olympic Committee?

Virgin Islands Olympic Committee's revenue in 2024 was $1,147,487.

Who are the executives of Virgin Islands Olympic Committee and what are their salaries?

There 65 volunteers at Virgin Islands Olympic Committee.

Here are 5 key members and their salaries:


Angel L Morales (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyn Nada Reid (Secretray General)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph B Boschulte (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ansen Sligar (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Abramson Jr (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Virgin Islands Olympic Committee?

Virgin Islands Olympic Committee's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Virgin Islands Olympic Committee

The Virgin Islands Olympic Committee serves as the national Olympic Committee, dedicated to overseeing various programs. Its primary mission lies in offering program services and management, functioning as a professional athletic league. The committee's activities are aimed at promoting and fostering athletic competitions and athletic development within the Virgin Islands. The committee is committed to upholding the values and principles of the Olympic movement, providing opportunities for local athletes to participate in international competitions.

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Impact




October, 2024

The Virgin Islands Olympic Committee has a significant impact on the development of sports and athletic talent in the U.S. Virgin Islands. By providing essential program services and management, it facilitates the organization and participation of local athletes in international competitions, including the Olympic Games. The committee plays a crucial role in promoting a culture of sportsmanship, excellence, and healthy living within the community.

Based in Frederiksted, St. Croix, the committee's initiatives contribute to the professionalization of local athletics, offering training, resources, and support to athletes at various levels. This not only enhances individual athlete performance but also fosters a sense of pride and unity among residents. Additionally, by engaging in outreach and recreational activities, the Virgin Islands Olympic Committee helps to inspire the younger generations to participate in sports, promoting lifelong fitness and wellbeing.

Overall, its influence extends beyond the realm of competitive sports, nurturing community connections and encouraging an active lifestyle that benefits the population as a whole.




This information is meant to be a general summary of Virgin Islands Olympic Committee. 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
$1,147,487 (2024)
Expenses
$950,726 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $997,395
  • Gross Receipts: $1,147,487

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

RESTRICTED INCOME

Revenue

$997,395

Organization Details

Founding Year

1966

Principal Officer

Hans Lawaetz

NTEE Category

Code: N60 - Recreation

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