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Sarasota Sharks Inc

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

EIN: 823302879 ✦ Sarasota, FL ✦ Designated as a 501(c)(3)

Overview

What is Sarasota Sharks Inc?

Sarasota Sharks Inc is a distinguished nonprofit organization situated in Sarasota, Florida. Known for its world-class swimming programs, the organization has nurtured athletes who have achieved success at both local and international levels. Beyond competitive swimming, Sarasota Sharks Inc also contributes significantly to the local economy, with annual financial impact of millions of dollars due to its facility operations. The organization operates the Selby Aquatic Center, managing various aquatic programs such as lessons, masters swimming, water polo, and community events. With a strong commitment to character development, Sarasota Sharks Inc fosters integrity, resiliency, teamwork, respect, and self-discipline in its swimmers, ensuring they grow into well-rounded individuals. The nonprofit employs 43 individuals, demonstrating its dedication to the community and the sport.


Official website here: www.sarasotasharks.org

Is Sarasota Sharks Inc legitimate?

Sarasota Sharks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sarasota Sharks 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: $523,036

For more financial information, click here


Official website here: www.sarasotasharks.org

What is the mission statement of Sarasota Sharks Inc?

Sarasota Sharks Inc, as an organization, focuses on nurturing champions in life through swimming instruction and coaching. Their mission is to foster positive physical and character development among athletes, emphasizing values such as integrity, resiliency, teamwork, respect, and self-discipline. Sarasota Sharks operates a range of aquatics programs, including competitive swimming, lessons, masters swimming, synchronized swimming, water polo, community programs, training/rental, and events, at the Selby Aquatic Center. This world-class program has produced athletes who have excelled at state, regional, national, and international levels, contributing significantly to the swimming community. Additionally, the operations of the facility generate a substantial economic impact.


Official website here: www.sarasotasharks.org

Who is the CEO of Sarasota Sharks Inc?

Brent Arckey is the Ceo of Sarasota Sharks Inc. The CEO's salary of Sarasota Sharks Inc is $105,000 and their total compensation is $105,000.


Official website here: www.sarasotasharks.org

What is the revenue of Sarasota Sharks Inc?

Sarasota Sharks Inc's revenue in 2022 was $1,507,946.


Official website here: www.sarasotasharks.org

Who are the executives of Sarasota Sharks Inc and what are their salaries?

The average compensation at Sarasota Sharks Inc during 2022 was $14,605. There are 43 employees and 82 volunteers at Sarasota Sharks Inc.

Here are 7 key members and their salaries (Sarasota Sharks Inc's CEO's salary is $105,000 and their total compensation is $105,000):

    Brent Arckey (Ceo) [Trustee/Director]
  • Compensation: $105,000
  • Related: $0
  • Other: $0

    • Ryan Walker (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Clark (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl Weinrich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Karen Hamad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Missy Cleary (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karl Huber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sarasotasharks.org

    Where can I find the form 990 for Sarasota Sharks Inc?

    The Sarasota Sharks Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sarasotasharks.org

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

    Mission Statement of Sarasota Sharks Inc

    Sarasota Sharks Inc, through its stewardship of the Selby Aquatic Center, aims to foster champions in life beyond the swimming pool. Utilizing swimming instruction and coaching, this nonprofit organization cultivates positive physical and character development in each athlete. Guided by its core values of integrity, resiliency, teamwork, respect, and self-discipline, Sarasota Sharks Inc nurtures swimmers at various levels, from novices to international competitors.

    By offering a diverse range of aquatics programs, including competitive swimming, lessons, masters swimming, synchronized swimming, water polo, community programs, training/rental, and events, Sarasota Sharks Inc provides a comprehensive platform for athletes to grow and excel. In addition to its commitment to competitive swimming, Sarasota Sharks Inc contributes significantly to the local economy, generating millions of dollars annually through the operation of its facility. This long-standing tradition of safe and competitive swimming has made Sarasota Sharks Inc a renowned name in the world of aquatics, consistently producing athletes who have shattered records at state, national, and international levels.

    Impact

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




    Saturday, July 20, 2024

    Sarasota Sharks Inc's impact can be seen through their operation of the Selby Aquatic Center, where they offer a wide range of aquatics programs and manage the pool. The Sarasota Sharks program is renowned for producing athletes at various levels, from state to international competitions, and has set records at state, American, and World levels. This high-level swimming program not only fosters athletic excellence but also contributes millions of dollars annually to the local economy through the facility's operations. By providing a venue for safe and competitive swimming, the Sarasota Sharks have excelled for decades, developing champions in life through their core values of integrity, resiliency, teamwork, respect, and self-discipline.





    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: $114
  • Program Service Revenue: $1,161,043
  • Gross Receipts: $1,573,705

    • Assets and Liabilities:
  • Total Assets: $1,606,421
  • Total Liabilities: $250,666
  • Net Assets: $1,355,755
  • Programs

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

    All other program svc rev

    Revenue

    $78,671

    Facility

    Revenue

    $128,578

    Hosted Swim Events/Banque

    Revenue

    $219,649

    Master Membership

    Revenue

    $169,749

    Membership Dues - Age19

    Revenue

    $564,396

    Organization Details

    Founding Year

    2017

    Principal Officer

    Brent Arckey

    Main Address

    8501 Potter Park Drive, Sarasota, FL, 34238

    NTEE Category

    Code: N67 - Recreation

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