Svg Sports Broadcasting Fund

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

EIN: 842588096 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Svg Sports Broadcasting Fund?

Svg Sports Broadcasting Fund is a nonprofit organization, established under the General Corporation Law of Delaware, with a single employee located in New York City. Their primary mission is to provide emergency financial assistance to professionals in the sports broadcasting field who have worked in the industry for at least a year and are facing short-term financial difficulties due to various unforeseen circumstances such as calamity, illness, injury, or loss of life. The aid covers documented expenses like medicine, medical equipment, rent or mortgage payments, clothing, and funeral expenses. The organization aims to offer a safety net for industry professionals in need.


Official website here: www.sportsbroadcastfund.org

Is Svg Sports Broadcasting Fund legitimate?

Svg Sports Broadcasting Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Svg Sports Broadcasting Fund 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: $45,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sportsbroadcastfund.org

What is the mission statement of Svg Sports Broadcasting Fund?

The Svg Sports Broadcasting Fund was established as a non-profit organization to provide emergency financial assistance to professionals in the sports broadcasting industry who are facing financial hardships due to calamity, illness, injury, or the loss of a loved one. The fund covers documented expenses such as medicine, medical equipment, rent or mortgage payments, clothing, and funeral expenses for individuals who have worked in the field for at least one year and can demonstrate a short-term financial need. The organization's mission is to offer a safety net to those in need within the sports broadcasting industry.


Official website here: www.sportsbroadcastfund.org

Who is the CEO of Svg Sports Broadcasting Fund?

Ken Aagaard is the President of Svg Sports Broadcasting Fund.


Official website here: www.sportsbroadcastfund.org

What is the revenue of Svg Sports Broadcasting Fund?

Svg Sports Broadcasting Fund's revenue in 2022 was $223,525.


Official website here: www.sportsbroadcastfund.org

Who are the executives of Svg Sports Broadcasting Fund and what are their salaries?

The average compensation at Svg Sports Broadcasting Fund during 2022 was $45,000. There is 1 employee at Svg Sports Broadcasting Fund.


Here are 11 key members and their salaries:


Ken Aagaard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Gallo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Sahara (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Hellmuth (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Kerschbaumer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Bowden (Administrator)
  • Compensation: $45,000
  • Related: $0
  • Other: $0
Patty Power (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Davies (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Stone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Berry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Honkus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sportsbroadcastfund.org

Where can I find the form 990 for Svg Sports Broadcasting Fund?

Svg Sports Broadcasting Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sportsbroadcastfund.org

Learn more at the official website: www.sportsbroadcastfund.org

Mission Statement of Svg Sports Broadcasting Fund

Svg Sports Broadcasting Fund, established as a non-profit organization, was formed with a mission to provide emergency financial aid to professionals in the sports broadcasting industry. These individuals may be facing financial hardships due to various circumstances such as calamities, illnesses, injuries, or the loss of a loved one. The fund's purpose is to alleviate these short-term financial burdens by covering documented expenses, which can range from medical costs and equipment, to housing payments like rent or mortgage, essential clothing, and funeral expenses. To be eligible for aid, professionals must have worked in the sports broadcasting field for at least one year and demonstrate a clear need for financial assistance.

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Impact




October, 2024

The SVG Sports Broadcasting Fund plays a crucial role in supporting professionals in the sports broadcasting industry who face unexpected financial hardships. By offering emergency financial assistance, the Fund helps individuals cope with the financial strain caused by calamities, illnesses, injuries, or even loss of life.

The support provided includes coverage for essential documented expenses, such as medical bills, medical equipment, rent or mortgage payments, clothing, and funeral costs. This targeted assistance not only alleviates immediate financial burdens but also promotes the overall well-being and stability of professionals who have dedicated their careers to sports broadcasting.

By addressing the short-term financial needs of those who have been part of the industry for at least a year, the Fund fosters a sense of community and solidarity, ensuring that members can navigate challenging times without excessive strain. Ultimately, the impact of the SVG Sports Broadcasting Fund extends beyond individual recipients, uplifting the entire sports broadcasting community and reinforcing the importance of support during difficult moments.




This information is meant to be a general summary of Svg Sports Broadcasting Fund. 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
$223,525 (2022)
Expenses
$244,860 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $145
  • Gross Receipts: $223,525

Assets and Liabilities:

  • Total Assets: $947,274
  • Total Liabilities: $0
  • Net Assets: $947,274

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Organization Details

Founding Year

2019

Principal Officer

Ken Aagaard

Main Address

19 WEST 21ST STREET 301, NEW YORK, NY, 10010

NTEE Category

Code: A30 - Arts

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