Midwest Hoopstars Inc

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

EIN: 863937053 ✦ Morton grove, IL ✦ Designated as a 501(c)(3)

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Overview

What is Midwest Hoopstars Inc?

Midwest Hoopstars Inc is a nonprofit organization that commenced operations a year ago, dedicated to supporting student athletes. Their primary focus is on providing athletic scholarships and educational assistance. They achieve this goal by establishing athletic programs and a sponsorship platform, which generates funds for these purposes. To ensure the success of their scholars, Midwest Hoopstars offers tutoring and counseling services to help them excel academically, alongside their athletic pursuits.

Is Midwest Hoopstars Inc legitimate?

Midwest Hoopstars Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midwest Hoopstars Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $79,932

For more financial information, click here

What is the mission statement of Midwest Hoopstars Inc?

Midwest Hoopstars Inc's mission is centered around providing athletic scholarships and educational assistance to student athletes. They achieved this by completing their first year of operations and establishing athletic programs. Furthermore, they established a sponsorship platform to generate funds for these scholarships and assistance. This is done through tutoring and counseling services, aimed at empowering the student athletes to excel academically alongside their sports involvement.

Who is the CEO of Midwest Hoopstars Inc?

Julian Williams is the Director of Midwest Hoopstars Inc.

What is the revenue of Midwest Hoopstars Inc?

Midwest Hoopstars Inc's revenue in 2022 was $230,949.

Who are the executives of Midwest Hoopstars Inc and what are their salaries?

The average compensation at Midwest Hoopstars Inc during 2022 was $2,578. There are 31 employees and 3 volunteers at Midwest Hoopstars Inc.


There is 1 key member and their salary:


Julian Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Midwest Hoopstars Inc?

Midwest Hoopstars Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Midwest Hoopstars Inc

Midwest Hoopstars Inc, a nonprofit organization, has a mission centered around athletic scholarships and educational assistance. In pursuit of this goal, they completed their inaugural year of operations and initiated athletic programs, alongside a sponsorship platform. This platform serves as a means to raise funds, which are then channeled towards providing these scholarships and educational assistance. The organization's approach to achieving its mission is twofold: it offers tutoring and counseling services to student athletes. By doing so, Midwest Hoopstars Inc aims to empower these young individuals, enabling them to excel both on and off the court, and fostering their overall academic growth.

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Impact




October, 2024

Midwest Hoopstars Inc has made a significant impact by providing essential resources to student athletes in Morton Grove, IL. By establishing athletic programs and a dedicated sponsorship platform, they have successfully generated funds aimed at offering scholarships and educational support. This initiative not only helps students pursue their athletic dreams but also ensures they receive the academic assistance necessary for their overall development.

The organization’s focus on tutoring and counseling services directly addresses the diverse needs of student athletes, empowering them to excel both on the court and in the classroom. Through these efforts, Midwest Hoopstars is promoting youth development and fostering a supportive environment that encourages personal growth, academic achievement, and athletic success. Their commitment to nurturing young talent is paving the way for future leaders in both sports and education.




This information is meant to be a general summary of Midwest Hoopstars 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
$230,949 (2022)
Expenses
$229,509 (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: $230,949
  • Gross Receipts: $230,949

Assets and Liabilities:

  • Total Assets: $7,269
  • Total Liabilities: $0
  • Net Assets: $7,269

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ATHLETIC PROGRAM REVENUES

Revenue

$230,949

Organization Details

Founding Year

2021

Principal Officer

Julian Williams

Main Address

8901 MASON AVENUE, MORTON GROVE, IL, 60053

NTEE Category

Code: O50 - Youth development

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