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Milwaukee Gay Sports Network Inc

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

EIN: 811021791 ✦ Waukesha, WI ✦ Designated as a 501(c)(3)

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Overview

What is Milwaukee Gay Sports Network Inc?

Milwaukee Gay Sports Network Inc is a nonprofit organization with a mission to promote education and charity. Operating as a corporation, it typically offers program services and hosts fundraising events to fulfill its objectives. Unfortunately, due to the constraints imposed by the COVID-19 pandemic in 2020, the organization was unable to carry out any such activities. Despite the challenges, Milwaukee Gay Sports Network Inc remains dedicated to its purpose of making a positive impact in its community.


Official website here: www.milwaukeegaysports.com/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

The Milwaukee Gay Sports Network Inc has achieved a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and finance management. The score reflects a strong focus on financial health, with a significant 98.44% of expenses dedicated to program activities, showcasing their commitment to effective use of funds.

The organization demonstrates excellent governance with an entirely independent board and no reported material diversion of assets. However, some areas for improvement have been noted, particularly the absence of specific policies such as conflict of interest and whistleblower protections, which have contributed to lower scores in those categories.

While the strengths in financial ratios and board independence are noteworthy, addressing the missing policies could enhance their overall accountability framework. By strengthening these areas, the Milwaukee Gay Sports Network can further bolster its reputation and effectiveness in serving the community.


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

Is Milwaukee Gay Sports Network Inc legitimate?

Milwaukee Gay Sports Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milwaukee Gay Sports Network Inc 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.


Official website here: www.milwaukeegaysports.com/

What is the mission statement of Milwaukee Gay Sports Network Inc?

Milwaukee Gay Sports Network Inc operates as a non-profit organization, with its primary objectives being education and charity. Their mission is to serve this purpose effectively. However, due to the restrictions and cancellations brought about by the Covid-19 pandemic in 2020, they were unable to conduct any program services or fundraising events. Although hindered by the circumstances, the organization continues to strive towards its mission, aiming to contribute positively to its community through education and charitable endeavors.


Official website here: www.milwaukeegaysports.com/

Who is the CEO of Milwaukee Gay Sports Network Inc?

Peter Nys is the President of Milwaukee Gay Sports Network Inc.


Official website here: www.milwaukeegaysports.com/

What is the revenue of Milwaukee Gay Sports Network Inc?

Milwaukee Gay Sports Network Inc's revenue in 2022 was $33,826.


Official website here: www.milwaukeegaysports.com/

Who are the executives of Milwaukee Gay Sports Network Inc and what are their salaries?


Here are 4 key members and their salaries:


Peter Nys (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Burney (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Klemme (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Lautenbach (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.milwaukeegaysports.com/

Where can I find the form 990EZ for Milwaukee Gay Sports Network Inc?

Milwaukee Gay Sports Network Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.milwaukeegaysports.com/

Learn more at the official website: www.milwaukeegaysports.com/

Mission Statement of Milwaukee Gay Sports Network Inc

Milwaukee Gay Sports Network, functioning as a non-profit organization, is dedicated to promoting education and charity. Its primary mission involves facilitating activities that align with these goals. However, due to the unprecedented challenges posed by the Covid-19 pandemic in 2020, the organization was forced to halt its program services and fundraising events. Despite these setbacks, Milwaukee Gay Sports Network continues to uphold its commitment to education and charity, seeking opportunities to contribute positively to its community.

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Impact




August, 2024

Milwaukee Gay Sports Network Inc has been instrumental in promoting inclusivity and equality within the sports community. Through its activities and programs, the organization has provided a safe and supportive environment for LGBTQ+ individuals to participate in sports and recreational activities without fear of discrimination or judgment. By fostering a sense of community and camaraderie among its members, Milwaukee Gay Sports Network Inc has helped break down barriers and stereotypes in the sports world, ultimately contributing to a more inclusive and diverse society.




This information is meant to be a general summary of Milwaukee Gay Sports Network 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
$33,826 (2022)
Expenses
$32,022 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $5,367
  • Gross Receipts: $41,589

Assets and Liabilities:

  • Total Assets: $35,371
  • Total Liabilities: $0
  • Net Assets: $35,371

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Organization Details

Principal Officer

Peter Nys

Main Address

1515 CAMDEN CT UNIT D, WAUKESHA, WI, 53186

NTEE Category

Code: R26 - Civil rights

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