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The Revere Aquatics Corporation

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

EIN: 800063616 ✦ Winthrop, MA ✦ Designated as a 501(c)(3)

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Overview

What is The Revere Aquatics Corporation?

The Revere Aquatics Corporation is a nonprofit organization, whose specific activities or mission details are not provided in the information. However, it is indicated that the organization is no longer active or in existence. This nonprofit's focus or objective is not disclosed, leaving its purpose and impact on the community unknown.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating. The Revere Aquatics Corporation has achieved a respectable overall score based entirely on its Accountability & Finance metrics. This rating reflects a strong commitment to financial health, particularly with a 0% liabilities to assets ratio, indicating no debt, and a program expense ratio of 78.61%, suggesting that a significant portion of its expenses directly supports its mission.

The organization boasts a fully independent board, comprising 100% independent members, and they have not reported any material diversion of assets. Additionally, they maintain transparent practices, as evidenced by their website listing being compliant with tax form requirements and the availability of board meeting minutes.

However, there are notable areas for improvement. The Revere Aquatics Corporation lacks several key governance policies, including a conflict of interest policy and a whistleblower policy, which could enhance its operational integrity and transparency. Addressing these gaps could further strengthen its accountability and trustworthiness.


This AI summary has been generated from information found on Charity Navigator.

Is The Revere Aquatics Corporation legitimate?

The Revere Aquatics Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Revere Aquatics Corporation submitted a form 990EZ, 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.

What is the mission statement of The Revere Aquatics Corporation?

The Revere Aquatics Corporation, being a terminated or inactive nonprofit, does not currently have a mission statement to summarize. Its mentioned status suggests that it is no longer active in carrying out its original objectives or purposes. The corporation's mission or activities are not provided in the given information.

Who is the CEO of The Revere Aquatics Corporation?

Thomas Connolly is the President of The Revere Aquatics Corporation.

What is the revenue of The Revere Aquatics Corporation?

The Revere Aquatics Corporation's revenue in 2022 was $0.

Who are the executives of The Revere Aquatics Corporation and what are their salaries?


There is 1 key member and their salary:


Thomas Connolly (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Revere Aquatics Corporation?

The Revere Aquatics Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of The Revere Aquatics Corporation

The Revere Aquatics Corporation, a formerly active nonprofit organization, had a mission that is currently unavailable due to its termination. However, the provided information suggests that its purpose was not specified or is no longer known. Despite the lack of information about its mission, it's clear that this organization is no longer in operation.

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Impact




October, 2024

The Revere Aquatics Corporation, once located in Winthrop, MA, played a significant role in the recreational landscape of the area. By providing access to aquatic programs and activities, it contributed to community engagement, promoting health and wellness through swimming and water-related activities. Its mission focused on enhancing recreational opportunities, fostering teamwork, and encouraging a healthy lifestyle among participants. Although the organization is no longer active, its legacy likely influenced community attitudes towards recreational activities and aquatic safety, emphasizing the importance of access to such programs for residents.




This information is meant to be a general summary of The Revere Aquatics Corporation. 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
$0 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

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

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    Organization Details

    Principal Officer

    Thomas Connolly

    Main Address

    42 Lewis Ave, Winthrop, MA, 02152

    NTEE Category

    Code: N67 - Recreation

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