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Hoopaz Only Basketball Inc

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

EIN: 815279197 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Hoopaz Only Basketball Inc?

Hoopaz Only Basketball Inc is a nonprofit organization situated in Chicago, Illinois, primarily dedicated to fostering the growth and development of amateur basketball clubs and leagues within the city. As an Athletic Basketball Foundation, their mission is to promote and support these grassroots teams, contributing to the broader athletic community in Chicago.

Is Hoopaz Only Basketball Inc legitimate?

Hoopaz Only Basketball Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hoopaz Only Basketball 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.

What is the mission statement of Hoopaz Only Basketball Inc?

Hoopaz Only Basketball Inc operates as an Athletic Basketball Foundation, dedicated to fostering the growth of amateur sports clubs and leagues. Their mission is centered around promoting these athletic communities, contributing to the development of basketball in a broader sense. By supporting these clubs and leagues, they aim to provide a platform for individuals to engage in the sport, fostering a sense of community and camaraderie. Their activities are focused on Chicago, IL, but their impact extends beyond the local area, contributing to the overall growth and popularity of amateur basketball.

Who is the CEO of Hoopaz Only Basketball Inc?

Marcus Spencer is the President of Hoopaz Only Basketball Inc.

What is the revenue of Hoopaz Only Basketball Inc?

Hoopaz Only Basketball Inc's revenue in 2021 was $200.

Who are the executives of Hoopaz Only Basketball Inc and what are their salaries?


There is 1 key member and their salary:


Marcus Spencer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Hoopaz Only Basketball Inc?

Hoopaz Only Basketball Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Hoopaz Only Basketball Inc

Hoopaz Only Basketball, as an Athletic Basketball Foundation, is dedicated to fostering the growth and promotion of amateur basketball clubs and leagues within the city of Chicago, Illinois. Its mission is geared towards supporting the development of these sports organizations, thereby contributing to the vibrant athletic community in the area. The foundation's primary objective is to encourage the participation and growth of basketball at the grassroots level, thereby nurturing talent and fostering a sense of camaraderie and team spirit among players and enthusiasts alike.

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Impact




October, 2024

Hoopaz Only Basketball Inc plays a vital role in enhancing the athletic landscape of Chicago, IL, by promoting amateur sports clubs and leagues. By focusing on basketball, the organization fosters a sense of community and encourages healthy competition among youth and adults alike. Their efforts help to cultivate talent, build teamwork, and inspire a passion for the sport among participants. Additionally, by facilitating access to organized basketball, Hoopaz Only Basketball Inc contributes to the physical and mental well-being of individuals while providing constructive outlets for young people in the city, ultimately aiming to strengthen the overall sporting culture in Chicago.




This information is meant to be a general summary of Hoopaz Only Basketball 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
$200 (2021)
Expenses
$292 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $200

Assets and Liabilities:

  • Total Assets: $132
  • Total Liabilities: $0
  • Net Assets: $132

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Organization Details

Principal Officer

Marcus Spencer

Main Address

3418 WEST 13TH PLACE, CHICAGO, IL, 60624

NTEE Category

Code: N20 - Recreation

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