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Parkette National Gymnastic Team Inc

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

EIN: 232046090 ✦ Allentown, PA ✦ Designated as a 501(c)(3)

Overview

What is Parkette National Gymnastic Team Inc?

Parkette National Gymnastic Team Inc, situated in Allentown, Pennsylvania, is a dedicated nonprofit organization that offers top-notch gymnastics training to over 1200 local children. The primary objective of this organization is to provide an enjoyable and enriching experience for children, regardless of their age, financial status, mental abilities, or physical capabilities. The team's mission is to foster a sense of belonging and promote physical fitness, coordination, strength, and flexibility among its young athletes. The Parkettes are committed to providing a comprehensive range of programs that cater to various stages of youth development, starting from pre-school classes and extending to advanced team programs. These programs offer young athletes the potential to achieve national, international, and even Olympic recognition. Furthermore, the organization provides specialized programs for children with unique physical, mental, or emotional needs, enabling them to gain physical benefits and boost their confidence through the sport of gymnastics. The Parkettes create an environment that emphasizes the importance of physical fitness, including strength, balance, flexibility, and coordination. They also value a disciplined training regimen that enhances any athletic endeavor, providing a holistic learning experience for their athletes.


Official website here: www.parkettes.com

Is Parkette National Gymnastic Team Inc legitimate?

Parkette National Gymnastic Team Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parkette National Gymnastic Team 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: $152,275
Professional Fundraising Fees: $0
Other Salaries and Wages: $983,432

For more financial information, click here


Official website here: www.parkettes.com

What is the mission statement of Parkette National Gymnastic Team Inc?

The Parkette National Gymnastic Team Inc is established with the aim of offering gymnastics opportunities to all children, regardless of age, financial status, mental, or physical abilities. The organization is committed to providing programs that cater to various stages of youth development, starting from preschool classes and extending to advanced team programs, potentially leading to national, international, and Olympic recognition. Additionally, they offer specialized programs for children with special physical, mental, or emotional needs, enabling them to gain physical benefits and boost their inner confidence through gymnastics. The team provides an environment that emphasizes the importance of physical fitness, including aspects like strength, balance, flexibility, and coordination. They also value a disciplined training regimen that enhances any athletic pursuit. The learning experience offered by the team focuses on personal growth and development.


Official website here: www.parkettes.com

Who is the CEO of Parkette National Gymnastic Team Inc?

William Strauss is the President /C of Parkette National Gymnastic Team Inc.


Official website here: www.parkettes.com

What is the revenue of Parkette National Gymnastic Team Inc?

Parkette National Gymnastic Team Inc's revenue in 2022 was $2,355,294.


Official website here: www.parkettes.com

Who are the executives of Parkette National Gymnastic Team Inc and what are their salaries?

The average compensation at Parkette National Gymnastic Team Inc during 2022 was $17,208. There are 66 employees and 100 volunteers at Parkette National Gymnastic Team Inc.

Here are 7 key members and their salaries:

    Donna Strauss (Co-Director)
  • Compensation: $102,440
  • Related: $0
  • Other: $494

    • William Strauss (President /C) [Trustee/Director]
  • Compensation: $97,500
  • Related: $0
  • Other: $494

    • Barry Gaal (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Dawson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kurt Feldman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laurie Gombert (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Nacci (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.parkettes.com

    Where can I find the form 990 for Parkette National Gymnastic Team Inc?

    The Parkette National Gymnastic Team Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.parkettes.com

    Learn more at the official website: www.parkettes.com

    Mission Statement of Parkette National Gymnastic Team Inc

    The Parkette National Gymnastic Team Inc is dedicated to providing an opportunity for all boys and girls, regardless of age, financial status, mental, or physical abilities, to experience the joy and benefits of gymnastics. This organization strives to create a family atmosphere for its athletes, fostering their growth and development from pre-school classes all the way up to team programs with the potential for achieving national, international, and even Olympic recognition.

    Additionally, Parkette National Gymnastic Team Inc offers specialized programs for children with unique physical, mental, or emotional needs. Through gymnastics, these children can gain physical benefits and build inner confidence. The team is committed to promoting physical fitness, emphasizing aspects such as strength, balance, flexibility, and coordination. They also value a disciplined training regimen that enhances any athletic endeavor. The learning experience offered by Parkette National Gymnastic Team Inc places emphasis on personal growth and development.

    Impact

    This information is meant to be a general summary of Parkette National Gymnastic Team Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Parkette National Gymnastic Team Inc has a significant impact on the community by providing over 1200 local children with the finest in gymnastics training. The organization offers children of all ages, financial backgrounds, and abilities the opportunity to experience the joy and benefits of gymnastics while becoming part of a supportive family of athletes. Through their programs, Parkette National Gymnastic Team Inc helps children develop physical fitness, coordination, strength, and flexibility, all while emphasizing the value of disciplined training.

    Furthermore, the organization provides opportunities for young athletes to advance to team programs where they can compete and potentially gain national, international, and Olympic recognition. Parkette National Gymnastic Team Inc also has programs specifically designed for children with special physical, mental, or emotional needs, allowing them to gain physical benefits and inner confidence through the sport of gymnastics.

    Overall, Parkette National Gymnastic Team Inc plays a crucial role in promoting physical fitness, teamwork, and personal growth among the youth in the community, making a positive impact on their lives.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $13,071
  • Program Service Revenue: $2,239,054
  • Gross Receipts: $2,445,828

    • Assets and Liabilities:
  • Total Assets: $2,230,871
  • Total Liabilities: $321,190
  • Net Assets: $1,909,681
  • Programs

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

    MEMBERSHIP FEES

    Revenue

    $1,963,638

    MEETS AND EXIBITIONS

    Revenue

    $275,416

    Organization Details

    Founding Year

    1974

    Principal Officer

    William Strauss

    Main Address

    401 MARTIN LUTHER KING JR DRIVE, ALLENTOWN, PA, 18106

    NTEE Category

    Code: N6XZ - Recreation

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