Riverbend Stadium Authority Inc

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

EIN: 843281289 ✦ Beloit, WI ✦ Designated as a 501(c)(3)

Overview

What is Riverbend Stadium Authority Inc?

Riverbend Stadium Authority Inc, situated in Beloit, Wisconsin, is a nonprofit organization with a mission to alleviate governmental burdens by owning and operating a multi-purpose facility. This facility, used by approximately 100,000 individuals in 2022, serves as a hub for various community organizations. The events hosted at the stadium span from minor league baseball games to local high school sports, college events, and community celebrations like the 4th of July and movie nights. The primary aim of this nonprofit is to promote economic development, avoid urban blight, and foster educational and cultural programs in the area, in accordance with Section 501(C)(3) of the Internal Revenue Code.


Is Riverbend Stadium Authority Inc legitimate?

Riverbend Stadium Authority Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverbend Stadium Authority 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Riverbend Stadium Authority Inc?
Who is the CEO of Riverbend Stadium Authority Inc?
What is the revenue of Riverbend Stadium Authority Inc?
Who are the executives of Riverbend Stadium Authority Inc and what are their salaries?
Where can I find the form 990 for Riverbend Stadium Authority Inc?

Mission Statement of Riverbend Stadium Authority Inc

Riverbend Stadium Authority Inc, a nonprofit organization, is dedicated to undertaking charitable and educational activities. Its primary mission is to lessen government burdens, promote economic development in depressed or declining areas, and avoid urban blight. The organization achieves this by promoting educational and cultural programs within these areas, in accordance with Section 501(C)(3) of the Internal Revenue Code of 1986.

In line with its mission, Riverbend Stadium Authority Inc owns and operates a multi-purpose facility. This facility is designed to be utilized for various activities, including minor league baseball and community and youth athletic, educational, and cultural events. By providing a venue for such events, the organization aims to contribute to the overall development and enrichment of the community. The facility serves as a hub for activities that can potentially bring people together, foster a sense of community, and encourage participation in sports and cultural events.

In essence, Riverbend Stadium Authority Inc is committed to utilizing its resources to better the community it serves. By focusing on charitable and educational activities, promoting economic development, and offering a multi-purpose facility for community events, the organization seeks to make a positive impact in the areas it operates. Its mission is to contribute to the betterment of society, one community at a time, through its various initiatives and programs.

Impact

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




Saturday, July 20, 2024

Riverbend Stadium Authority Inc, operating as a multi-purpose facility in Beloit, Wisconsin, has a significant impact on the community. The organization's activities aim to lessen the burdens of government, promote economic development in struggling areas, prevent urban blight, and support educational and cultural programs. By owning and operating a facility that hosts various events such as minor league baseball games, local high school and college sporting events, community celebrations like the 4th of July, movie nights, and other cultural gatherings, Riverbend Stadium Authority Inc actively engages with approximately 100,000 individuals annually. Through these initiatives, the organization contributes to the vibrancy and well-being of the Beloit community by providing recreational, educational, and cultural opportunities for residents and visitors alike.





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: $0
  • Program Service Revenue: $384,908
  • Gross Receipts: $5,094,441

    • Assets and Liabilities:
  • Total Assets: $44,460,712
  • Total Liabilities: $6,514,153
  • Net Assets: $37,946,559
  • Programs

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

    STADIUM RENTAL FEES

    Revenue

    $200,000

    STADIUM SURCHARGE

    Revenue

    $184,908

    Organization Details

    Founding Year

    2019

    Principal Officer

    Brent Fox

    Main Address

    CO DAVE HEILIGER ONE ABC PARKWAY, BELOIT, WI, 53511

    NTEE Category

    Code: N31 - Recreation

    If you are a representative of Riverbend Stadium Authority 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.