New Wave Swim Team

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

EIN: 561469322 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

Overview

What is New Wave Swim Team?

New Wave Swim Team is a nonprofit organization situated in Raleigh, North Carolina, with a postal address of PO Box 18012. Their primary objective is to support, train, and develop competitive swimmers throughout the year. By offering year-round coaching in competitive swimming, they aim to foster essential life skills and character development in their swimmers. The mission of New Wave Swim Team is to cultivate value-driven leaders for life, emphasizing excellence in swimming. Currently, they have a workforce of 25 dedicated individuals dedicated to realizing these goals.


Official website here: www.newwaveswimteam.org

Is New Wave Swim Team legitimate?

New Wave Swim Team is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Wave Swim Team 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: $215,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $260,069

For more financial information, click here


Official website here: www.newwaveswimteam.org

What is the mission statement of New Wave Swim Team?

The New Wave Swim Team's mission is centered around developing well-rounded leaders for life. They achieve this by fostering excellence in competitive swimming. The team's goal extends beyond just swimming, aiming to instill value-driven principles in its members. Through their programs, they offer support to train and develop competitive swimmers, simultaneously promoting the development of essential life skills and character.


Official website here: www.newwaveswimteam.org

Who is the CEO of New Wave Swim Team?

John Roy is the Board Member of New Wave Swim Team. The CEO's salary of New Wave Swim Team is $70,200 and their total compensation is $72,306.


Official website here: www.newwaveswimteam.org

What is the revenue of New Wave Swim Team?

New Wave Swim Team's revenue in 2023 was $1,238,499.


Official website here: www.newwaveswimteam.org

Who are the executives of New Wave Swim Team and what are their salaries?

The average compensation at New Wave Swim Team during 2023 was $19,035. There are 25 employees at New Wave Swim Team.

Here are 6 key members and their salaries (New Wave Swim Team's CEO's salary is $70,200 and their total compensation is $72,306):

    John Roy (President/Ceo)
  • Compensation: $70,200
  • Related: $0
  • Other: $2,106

    • Zachary Murray (Treasurer)
  • Compensation: $48,000
  • Related: $0
  • Other: $1,440

    • Macon Crowder (Current Secretary)
  • Compensation: $44,400
  • Related: $0
  • Other: $1,320

    • Bradford Hancock (Former Secretary)
  • Compensation: $28,000
  • Related: $0
  • Other: $840

    • Jonathan Bescher (Vice President)
  • Compensation: $25,200
  • Related: $0
  • Other: $756

    • Jason Van Olst (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.newwaveswimteam.org

    Where can I find the form 990 for New Wave Swim Team?

    The New Wave Swim Team’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.newwaveswimteam.org

    Learn more at the official website: www.newwaveswimteam.org

    Mission Statement of New Wave Swim Team

    New Wave Swim Team, a renowned organization, is committed to building value-driven leaders for life through its exceptional swimming programs. Their mission is to provide year-round training for competitive swimming, simultaneously fostering essential life skills and character development. By focusing on excellence in swimming, this esteemed team aims to shape young individuals into well-rounded individuals who can excel in various aspects of life.

    Impact

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




    Saturday, July 20, 2024

    New Wave Swim Team's impact revolves around providing year-round training for competitive swimming while fostering life skills and character development among its members. By offering programs designed to support the training and development of competitive swimmers, the team contributes to the growth and success of talented individuals in the sport. Through their mission to build value-driven leaders for life through excellence in swimming, New Wave Swim Team helps shape the future of its participants by instilling important values and skills that transcend the pool.





    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 2023.

  • Investment Income: $5
  • Program Service Revenue: $1,128,319
  • Gross Receipts: $1,238,499

    • Assets and Liabilities:
  • Total Assets: $562,883
  • Total Liabilities: $129,603
  • Net Assets: $433,280
  • Programs

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

    MEMBERSHIP DUES/REGIST

    Revenue

    $860,220

    MEET FEES

    Revenue

    $257,351

    Organization Details

    Founding Year

    1985

    Principal Officer

    John Roy

    Main Address

    PO BOX 18012, RALEIGH, NC, 27619

    NTEE Category

    Code: N67 - Recreation

    If you are a representative of New Wave Swim Team 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.