Overview
What is Newjets Inc?
Newjets Inc, based in Eden Prairie, Minnesota, serves as a nonprofit organization that focuses on coaching competitive youth and amateur swimmers. This charitable and educational endeavor, known as Aquajets Swim Team, is dedicated to promoting national amateur sports. The team offers a platform for young athletes to enhance their swimming skills and enjoy the sport at a nationally competitive level. With a workforce of 40 individuals, this organization strives to provide a supportive environment that fosters both athletic advancement and overall enjoyment for its members.
Official website here: www.aquajets.com
Is Newjets Inc legitimate?
Newjets Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newjets 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.
Here are some key statistics you may want to consider:
Executive Compensation: $105,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $366,720
For more financial information, click here
Official website here: www.aquajets.com
What is the mission statement of Newjets Inc?
Newjets Inc, through its Aquajets Swim Team, is organized primarily for charitable and educational purposes, focusing on the promotion of national amateur sports. More specifically, its mission is to provide a nationally competitive, amateur youth swim team, fostering the athletic advancement and enjoyment of its members. The organization offers professional coaching to its competitive youth swimmers, contributing to their swimming skills and overall development.
Official website here: www.aquajets.com
Who is the CEO of Newjets Inc?
Megan Carr is the Executive Director/Chairpe of Newjets Inc.
Official website here: www.aquajets.com
What is the revenue of Newjets Inc?
Who are the executives of Newjets Inc and what are their salaries?
The average compensation at Newjets Inc during 2022 was $11,793. There are 40 employees and 100 volunteers at Newjets Inc.
Here are 5 key members and their salaries:
- Kate Lundsten (Executive Director/Chairpe)
- Daniel Egeland (Co-President) [Trustee/Director]
- Brian Wimberger (Co-President) [Trustee/Director]
- Tracey Breazeale (Treasurer) [Trustee/Director]
- John March (Director)
Official website here: www.aquajets.com
Where can I find the form 990 for Newjets Inc?
The Newjets Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.aquajets.com
Learn more at the official website: www.aquajets.com
Mission Statement of Newjets Inc
Newjets Inc, or Aquajets Swim Team as it is formally known, is an organization with a mission centered around charitable and educational purposes, primarily focusing on promoting national amateur sports. More specifically, its objective is to establish a nationally competitive, amateur youth swim team for the athletic advancement and enjoyment of its members. By providing professional coaching, this organization aims to foster the swimming skills and overall development of its competitive youth swimmers.
Impact
This information is meant to be a general summary of Newjets Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Newjets Inc, through its Aquajets Swim Team, has a significant impact on the athletic advancement and enjoyment of its members. By providing professional coaching to competitive youth amateur swimmers, the organization helps nurture talent and promote national amateur sports. The Aquajets Swim Team offers a platform for young swimmers to hone their skills, compete at a high level, and enjoy the sport of swimming. Through its charitable and educational endeavors, Newjets Inc positively influences the lives of its members and contributes to the promotion of amateur sports on a national level.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SWIM TUITION
Revenue
$591,555
MEET FEES
Revenue
$178,181
HOSTING MEET REVENUES
Revenue
$127,518
FAIR SHARE PARTICIPATI
Revenue
$84,106
DRYLAND TUITION
Revenue
$51,177
Organization Details
Founding Year
2006
Phone
(952) 351-9928
Principal Officer
Megan Carr
Main Address
6545 FLYING CLOUD DRIVE 202, EDEN PRAIRIE, MN, 55345
Website
www.aquajets.com
NTEE Category
Code: N70 - Recreation
If you are a representative of Newjets Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.