Overview
What is The Thunderbirds?
The Thunderbirds is a nonprofit organization based in Phoenix, Arizona, with a mission to promote the Phoenix metropolitan area through sports. They are renowned for producing and sponsoring the Waste Management Phoenix Open golf tournament, which has generated significant revenue for Arizona charities since its inception 85 years ago. The majority of these charities focus on benefiting youth. The Thunderbirds have raised over $161 million through the tournament's history. Their purpose also includes providing financial assistance to amateur athletes and youth-oriented charities, thereby enhancing the community's sports scene and supporting local causes. With a team of 73 employees, they continue their efforts to publicize Phoenix and the metropolitan area through sports and charitable initiatives.
Official website here: www.wmphoenixopen.com
Is The Thunderbirds legitimate?
The Thunderbirds is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Thunderbirds 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: $884,897
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,794,640
For more financial information, click here
Official website here: www.wmphoenixopen.com
What is the mission statement of The Thunderbirds?
The Thunderbirds organization aims to promote a specific area by sponsoring athletic events and providing financial assistance to amateur athletes and youth-oriented charities. Through their efforts, they have produced the Waste Management Phoenix Open golf tournament, which has raised significant funds for various charities benefiting youth. The tournament, held with the support of Waste Management as the title sponsor, generated over $83 million in revenue and $67 million in expenses in the latest record. Some of the recent beneficiaries include Phoenix Children's Hospital, First Tee of Phoenix, Special Olympics AZ, Homeward Bound, St. Mary's Food Bank, Save the Family, Ability 360, and Child Crisis AZ. The Thunderbirds have collectively raised over $161 million through the tournament's 85-year history.
Official website here: www.wmphoenixopen.com
Who is the CEO of The Thunderbirds?
William S Jenkins Jr is the Big Chief 2021-22 of The Thunderbirds.
Official website here: www.wmphoenixopen.com
What is the revenue of The Thunderbirds?
The Thunderbirds's revenue in 2022 was $84,390,943.
Official website here: www.wmphoenixopen.com
Who are the executives of The Thunderbirds and what are their salaries?
The average compensation at The Thunderbirds during 2022 was $64,103. There are 73 employees and 30 volunteers at The Thunderbirds.
Here are 19 key members and their salaries:
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- Other: $31,881
- Compensation: $121,903
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- Other: $41,816
Official website here: www.wmphoenixopen.com
Where can I find the form 990 for The Thunderbirds?
The Thunderbirds's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wmphoenixopen.com
Learn more at the official website: www.wmphoenixopen.com
Mission Statement of The Thunderbirds
The Thunderbirds, a renowned organization, are dedicated to showcasing the city of Phoenix and the Phoenix metropolitan area through sports and philanthropy. By sponsoring athletic events and offering financial assistance to amateur athletes and youth-oriented charities, this group effectively promotes the Phoenix metropolitan region.
One of the most significant ways The Thunderbirds achieve their mission is by producing the Waste Management Phoenix Open golf tournament. This annual event attracts a considerable amount of revenue, generating a total of $83 million for the 2021 tournament, with expenses amounting to $67 million. The proceeds from this tournament primarily benefit Arizona charities, many of which offer programs geared towards youth. Some recent recipients include Phoenix Children's Hospital, First Tee of Phoenix, Special Olympics AZ, Homeward Bound, St. Mary's Food Bank, Save the Family, Ability 360, and Child Crisis AZ. Throughout its 85-year history, The Thunderbirds have raised over $161 million through the Waste Management Phoenix Open, making a substantial impact on the local community.
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Impact
October, 2024
The Thunderbirds significantly impact the Phoenix metropolitan area by promoting the city through premier athletic events, particularly the Waste Management Phoenix Open golf tournament. This annual event not only showcases top-tier golf but also raises substantial funds for various Arizona charities, mainly focusing on youth-oriented programs. Over its 85-year history, the tournament has generated over $161 million, with recent total revenues reaching $83 million, while expenses were around $67 million.
Benefiting organizations include Phoenix Children's Hospital, First Tee of Phoenix, Special Olympics Arizona, and St. Mary's Food Bank, among others. The Thunderbirds' commitment to supporting amateur athletes enhances local sports culture and provides vital financial assistance to charitable causes. Their efforts not only foster community spirit but also underscore the importance of youth development in the region, making a lasting impact on countless lives throughout Phoenix.
This information is meant to be a general summary of The Thunderbirds. 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: $660,046
- Program Service Revenue: $83,123,342
- Gross Receipts: $114,548,735
Assets and Liabilities:
- Total Assets: $33,696,955
- Total Liabilities: $9,678,337
- Net Assets: $24,018,618
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PGA TOUR OPEN TOURNAMENT
Revenue
$82,773,582
AD SALES
Revenue
$185,510
MEMBERSHIP DUES
Revenue
$164,250
Organization Details
Founding Year
1979
Phone
(602) 870-0163Principal Officer
William S Jenkins Jr
Main Address
7226 N 16TH ST 100, PHOENIX, AZ, 85020
Website
www.wmphoenixopen.comNTEE Category
Code: N70 - Recreation
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