Overview
What is Nh Lakes Region Pickleball Club?
The Nh Lakes Region Pickleball Club is a nonprofit organization based in Wolfeboro, New Hampshire. Established with a primary goal of promoting the sport of pickleball, the club engages in tournament play, recreational sessions, and instructional activities within the Lakes Region of the state. Additionally, the organization has an extraordinary mission to construct a pickleball facility, funded by a gift from the Vanderheiden Family Gift Trust, and subsequently donate it to the Town of Wolfeboro. The club's net earnings from various activities are dedicated to improving Town of Wolfeboro facilities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating
The Nh Lakes Region Pickleball Club has received a Two-Star rating from Charity Navigator, indicating a score of 71%. This suggests a moderate level of accountability and financial health. A significant strength noted is the organization's governance structure, marked by a fully independent board, which aligns well with best practices for nonprofit management.
While the club shows a strong commitment to program expenses, allocating nearly 97% of its budget towards its programs, there are notable weaknesses. The organization has not provided financial statements, and several key policies, including a whistleblower policy and guidelines for document retention, are missing. This could raise concerns about transparency and operational integrity.
In summary, while the Nh Lakes Region Pickleball Club demonstrates commendable programmatic focus and governance, it needs to improve its financial transparency and fulfill necessary policy documentation to enhance its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Nh Lakes Region Pickleball Club legitimate?
Nh Lakes Region Pickleball Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nh Lakes Region Pickleball Club 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.
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What is the mission statement of Nh Lakes Region Pickleball Club?
The Nh Lakes Region Pickleball Club's mission is centered around promoting the popular sport of pickleball throughout New Hampshire's Lakes Region. They achieve this by organizing tournament play, offering recreational games, and providing instruction. Besides this, the club has an additional task requested by the Vanderheiden Family Gift Trust. They are to construct a pickleball facility, which they will then donate to the town of Wolfeboro, New Hampshire. The funds for this project are sourced from the interest earned from the Vanderheiden Gift. The club adheres to the restrictions set by this trust for this specific purpose.
Who is the CEO of Nh Lakes Region Pickleball Club?
Joseph L Santoro is the Director of Nh Lakes Region Pickleball Club.
What is the revenue of Nh Lakes Region Pickleball Club?
Nh Lakes Region Pickleball Club's revenue in 2022 was $38,226.
Who are the executives of Nh Lakes Region Pickleball Club and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Nh Lakes Region Pickleball Club?
Nh Lakes Region Pickleball Club's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nh Lakes Region Pickleball Club
The Nh Lakes Region Pickleball Club, with a focus on promoting the sport of pickleball, aims to cater to individuals in the Lakes Region of New Hampshire. They accomplish this by organizing tournament play, providing recreational opportunities, and offering instruction in the game. In addition to these primary objectives, the club has an additional task assigned by the Vanderheiden Family Gift Trust. This task involves constructing a pickleball facility, utilizing the trust's funds and the interest earned from it. Once completed, this facility will be donated to the town of Wolfeboro, New Hampshire. The club's mission is governed by the restrictions placed on the Vanderheiden Gift proceeds, ensuring that the resources are used effectively to further the growth and popularity of pickleball in the Lakes Region.
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Impact
August, 2024
The NH Lakes Region Pickleball Club has made a significant impact by promoting the sport of pickleball throughout the Lakes Region of New Hampshire. Through offering tournament play, recreational opportunities, and sport instruction, the club has actively engaged the community in this fun and fast-growing sport. Additionally, the club's construction of a pickleball facility to be donated to the town of Wolfeboro demonstrates their commitment to providing accessible recreational opportunities for residents. By donating net proceeds from activities to the Town of Wolfeboro Parks & Recreation for improvements to town facilities, the NH Lakes Region Pickleball Club is enhancing the quality of life for local residents and supporting the growth of pickleball in the region.
This information is meant to be a general summary of Nh Lakes Region Pickleball Club. 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: $2,942
- Program Service Revenue: $28,904
- Gross Receipts: $38,226
Assets and Liabilities:
- Total Assets: $1,029,439
- Total Liabilities: $0
- Net Assets: $1,029,439
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOURNAMENT REVENUE NET REFUND
Revenue
$27,922
SADIE HAWKINS REVENUE
Revenue
$480
KINGSWOOD INDOOR PROGRAM
Revenue
$434
SALE OF EXTRA SHIRTS/BALLS
Revenue
$66
OTHER
Revenue
$2
Organization Details
Founding Year
2018
Phone
(603) 569-2282Principal Officer
Joseph L Santoro
Main Address
PO BOX 244, WOLFEBORO, NH, 03894
NTEE Category
Code: N66 - Recreation
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