Overview
What is Atp Tour Inc?
Atp Tour Inc, headquartered at 201 ATP Tour Blvd in Ponte Vedra Beach, Florida, is a nonprofit organization dedicated to serving men's professional tennis worldwide. The mission of ATP is to showcase the greatest players at the best tournaments, entertain millions of fans globally, and inspire the next generation of fans and players. In 2021, ATP delivered significant value to its members through sponsorships, television coverage, prize money, and pension benefits. ATP introduced a COVID relief package, raising minimum prize money levels for tournaments and increasing pension contributions to pre-pandemic levels. The ATP Challenger Tour distributed over US$ 9.8 million in prize money. ATP also introduced new educational partnerships and a COVID-19 Protected Ranking provision, as well as conducting an internal safeguarding review. ATP pledged to reduce carbon emissions by 50% by 2030 and achieve net zero by 2040, becoming a member of UN Sports for Climate Action. ATP's activities encompass providing services and benefits for its members, promoting and growing the sport of tennis, and administering a circuit of professional tennis events. With a workforce of 68 employees, ATP is committed to ensuring the safety and protection of all individuals involved in professional tennis.
Official website here: www.atptour.com
Is Atp Tour Inc legitimate?
Atp Tour Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Atp Tour 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: $6,480,703
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,385,510
For more financial information, click here
Official website here: www.atptour.com
What is the mission statement of Atp Tour Inc?
Atp Tour Inc focuses on serving the men's professional tennis world by showcasing top players at premier tournaments and entertaining millions of fans worldwide. The organization's mission is to enhance the value of tennis through sponsorships, TV exposure, prize money, and pension benefits. In response to the COVID-19 pandemic, ATP introduced a relief package, raising minimum prize money levels and delivering increased pension contributions to its members. The ATP Challenger Tour offered a significant increase in prize money, and the organization introduced new player allowances and education partnerships. ATP is committed to ensuring the safety of all individuals involved in professional tennis by introducing a new safeguarding review. In addition, ATP pledged to reduce its carbon emissions by 50% by 2030 and achieve net zero by 2040 as part of the UN Sports for Climate Action initiative.
Official website here: www.atptour.com
Who is the CEO of Atp Tour Inc?
Unavailable The CEO's salary of Atp Tour Inc is $198,789 and their total compensation is $261,436.
Official website here: www.atptour.com
What is the revenue of Atp Tour Inc?
Atp Tour Inc's revenue in 2021 was $176,791,341.
Official website here: www.atptour.com
Who are the executives of Atp Tour Inc and what are their salaries?
The average compensation at Atp Tour Inc during 2021 was $218,621. There are 68 employees at Atp Tour Inc.
Here are 24 key members and their salaries (Atp Tour Inc's CEO's salary is $198,789 and their total compensation is $261,436):
- Compensation: $0
- Related: $1,220,426
- Other: $74,062
- Compensation: $120,000
- Related: $0
- Other: $0
- Compensation: $101,920
- Related: $0
- Other: $0
- Compensation: $100,000
- Related: $0
- Other: $0
- Compensation: $100,000
- Related: $0
- Other: $0
- Compensation: $120,000
- Related: $0
- Other: $0
- Compensation: $100,000
- Related: $0
- Other: $0
- Compensation: $250,449
- Related: $0
- Other: $27,606
- Compensation: $147,927
- Related: $0
- Other: $25,110
- Compensation: $0
- Related: $229,878
- Other: $48,441
- Compensation: $253,695
- Related: $0
- Other: $42,045
- Compensation: $765,177
- Related: $0
- Other: $58,151
- Compensation: $839,856
- Related: $0
- Other: $38,895
- Compensation: $198,789
- Related: $0
- Other: $62,647
- Compensation: $0
- Related: $250,088
- Other: $51,063
- Compensation: $184,799
- Related: $0
- Other: $40,025
- Compensation: $335,353
- Related: $0
- Other: $15,882
- Compensation: $0
- Related: $157,030
- Other: $32,395
- Compensation: $477,142
- Related: $0
- Other: $22,841
- Compensation: $245,063
- Related: $0
- Other: $20,548
- Compensation: $0
- Related: $244,812
- Other: $51,305
- Compensation: $191,327
- Related: $0
- Other: $38,932
- Compensation: $345,467
- Related: $0
- Other: $39,414
- Compensation: $0
- Related: $265,607
- Other: $53,726
Official website here: www.atptour.com
Where can I find the form 990 for Atp Tour Inc?
Atp Tour Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.atptour.com
Learn more at the official website: www.atptour.com
Mission Statement of Atp Tour Inc
ATP Tour Inc, a leading organization in men's professional tennis, is dedicated to showcasing the world's greatest tennis players at premier tournaments and entertaining millions of fans worldwide. The mission of ATP Tour Inc is threefold: to serve the tennis community, to entertain tennis enthusiasts globally, and to inspire the next generation of fans and players.
Throughout the year, ATP Tour Inc provides essential services and benefits to its members, fostering the growth of tennis as a sport. In 2021, ATP Tour Inc made significant strides in supporting its members, raising minimum prize money levels for ATP 250 and ATP 500 tournaments through a COVID relief package. The organization's total player compensation reached US$ 98.7 million, a substantial increase from the previous year. ATP also prioritized the well-being of its players by delivering pre-pandemic pension contributions and introducing a COVID-19 Protected Ranking provision.
Furthermore, ATP Tour Inc extended its reach beyond its membership base by introducing new education partnerships and conducting a safeguarding review to ensure the safety and well-being of all adults and minors involved in professional tennis. In November 2021, ATP Tour Inc joined UN Sports for Climate Action, committing to reducing its carbon emissions by 50% by 2030 and achieving net-zero emissions by 2040. This demonstrates ATP Tour Inc's ongoing efforts to make a positive impact on the tennis community and the environment.
In summary, ATP Tour Inc, a global leader in men's professional tennis, is dedicated to representing the world's top tennis players, entertaining millions of fans, and inspiring the next generation of players. Through its various initiatives and partnerships, ATP Tour Inc continues to support and grow the sport of tennis while prioritizing the well-being of its members and the community.
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Impact
October, 2024
Atp Tour Inc significantly impacts the global tennis landscape by promoting and developing the sport, ensuring player welfare, and enhancing the overall experience for fans and participants alike. Through its circuit of professional events, it showcases elite talent, entertaining millions while fostering a love for the game among new generations.
In 2021, the organization provided considerable financial support to players, with total compensation reaching approximately US$ 98.7 million, benefiting both on-site prize money and bonus pools. This financial backing helps to nurture talent at all levels, allowing players to focus on their performance and development without undue economic stress. The introduction of a COVID relief package demonstrated Atp Tour Inc's commitment to maintaining competitive standards during challenging times, raising minimum prize money levels for ATP 250 and ATP 500 tournaments.
Additionally, ATP Tours’ emphasis on sustainability and climate action, including its pledge to reduce carbon emissions and achieve Net Zero by 2040, indicates a forward-thinking approach that aligns sports with global environmental efforts. The internal safeguarding review and educational partnerships further illustrate ATP’s commitment to ensuring a safe environment for all participants, thereby strengthening the integrity and reputation of professional tennis.
In summary, Atp Tour Inc not only drives the sport of tennis forward through economic support and sustainability initiatives but also plays a crucial role in creating a safe, entertaining, and inspiring atmosphere for players and fans worldwide.
This information is meant to be a general summary of Atp Tour 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $962,902
- Program Service Revenue: $175,573,224
- Gross Receipts: $176,791,341
Assets and Liabilities:
- Total Assets: $290,281,328
- Total Liabilities: $39,691,187
- Net Assets: $250,590,141
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Member Services and Benefits
Revenue
$114,194,154
Membership Dues and Fees
Revenue
$13,500,471
Professional Tournament Rev
Revenue
$34,513,182
Player Benefit Plans
Revenue
$8,155,624
Challenger Circuit Fees
Revenue
$1,429,010
Organization Details
Founding Year
1973
Phone
(904) 285-8000Main Address
201 ATP Tour Blvd, Ponte Vedra Beach, FL, 32082
Website
www.atptour.comNTEE Category
Code: N80 - Recreation
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