Overview
What is Atp Tour Inc?
Atp Tour Inc, headquartered at 201 ATP Tour Blvd in Ponte Vedra Beach, Florida, is a nonprofit organization dedicated to serving men's professional tennis worldwide. The mission of ATP is to showcase the greatest players at the best tournaments, entertain millions of fans globally, and inspire the next generation of fans and players. In 2021, ATP delivered significant value to its members through sponsorships, television coverage, prize money, and pension benefits. ATP introduced a COVID relief package, raising minimum prize money levels for tournaments and increasing pension contributions to pre-pandemic levels. The ATP Challenger Tour distributed over US$ 9.8 million in prize money. ATP also introduced new educational partnerships and a COVID-19 Protected Ranking provision, as well as conducting an internal safeguarding review. ATP pledged to reduce carbon emissions by 50% by 2030 and achieve net zero by 2040, becoming a member of UN Sports for Climate Action. ATP's activities encompass providing services and benefits for its members, promoting and growing the sport of tennis, and administering a circuit of professional tennis events. With a workforce of 68 employees, ATP is committed to ensuring the safety and protection of all individuals involved in professional tennis.
Official website here: www.atptour.com
Is Atp Tour Inc legitimate?
Atp Tour Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Atp Tour 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $6,480,703
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,385,510
For more financial information, click here
Official website here: www.atptour.com
What is the mission statement of Atp Tour Inc?
Atp Tour Inc focuses on serving the men's professional tennis world by showcasing top players at premier tournaments and entertaining millions of fans worldwide. The organization's mission is to enhance the value of tennis through sponsorships, TV exposure, prize money, and pension benefits. In response to the COVID-19 pandemic, ATP introduced a relief package, raising minimum prize money levels and delivering increased pension contributions to its members. The ATP Challenger Tour offered a significant increase in prize money, and the organization introduced new player allowances and education partnerships. ATP is committed to ensuring the safety of all individuals involved in professional tennis by introducing a new safeguarding review. In addition, ATP pledged to reduce its carbon emissions by 50% by 2030 and achieve net zero by 2040 as part of the UN Sports for Climate Action initiative.
Official website here: www.atptour.com
What is the revenue of Atp Tour Inc?
Who are the executives of Atp Tour Inc and what are their salaries?
The average compensation at Atp Tour Inc during 2021 was $218,621. There are 68 employees at Atp Tour Inc.
Here are 24 key members and their salaries (Atp Tour Inc's CEO's salary is $198,789 and their total compensation is $261,436):
- Andrea Gaudenzi (Chairman (Nra)) [Trustee/Director]
- Massimo Calvelli (Ceo)
- Mark Young (Chief Legal And Administrative Officer)
- Ross Hutchins (Chief Tour Officer)
- Murray Swartzberg (Svp, It And Systems)
- Daniele Sano (Chief Business Officer)
- Nicola Arzani (Svp - Marketing And Business Development)
- Simon Higson (Evp, Communications)
- Geoffroy Bourbon (Evp, Europe)
- Jeff Reel (Svp And General Counsel)
- David Massey (Evp, Tournament Services- Europe)
- Alison Lee (Evp International Group)
- Eric Starelli (Evp Americas)
- Philip Galloway (Advisor To Ceo)
- Miro Bratoev (Svp, Rules And Competition)
- Zehra Mesic (Cfo)
- Rodolphe Tastet (Vp, Sales And Sponsorships)
- Brett Byron (Sr Legal Counsel)
- Alex Inglot (Director)
- Herwig Straka (Director)
- Charles Smith (Director)
- Eno Polo (Director)
- Gavin Forbes (Director)
- Mark Knowles (Director)
Official website here: www.atptour.com
Where can I find the form 990 for Atp Tour Inc?
The Atp Tour Inc’s most recent form 990 was submitted in 2021 and can be accessed here
Official website here: www.atptour.com
Learn more at the official website: www.atptour.com
Mission Statement of Atp Tour Inc
ATP Tour Inc, a leading organization in men's professional tennis, is dedicated to showcasing the world's greatest tennis players at premier tournaments and entertaining millions of fans worldwide. The mission of ATP Tour Inc is threefold: to serve the tennis community, to entertain tennis enthusiasts globally, and to inspire the next generation of fans and players.
Throughout the year, ATP Tour Inc provides essential services and benefits to its members, fostering the growth of tennis as a sport. In 2021, ATP Tour Inc made significant strides in supporting its members, raising minimum prize money levels for ATP 250 and ATP 500 tournaments through a COVID relief package. The organization's total player compensation reached US$ 98.7 million, a substantial increase from the previous year. ATP also prioritized the well-being of its players by delivering pre-pandemic pension contributions and introducing a COVID-19 Protected Ranking provision.
Furthermore, ATP Tour Inc extended its reach beyond its membership base by introducing new education partnerships and conducting a safeguarding review to ensure the safety and well-being of all adults and minors involved in professional tennis. In November 2021, ATP Tour Inc joined UN Sports for Climate Action, committing to reducing its carbon emissions by 50% by 2030 and achieving net-zero emissions by 2040. This demonstrates ATP Tour Inc's ongoing efforts to make a positive impact on the tennis community and the environment.
In summary, ATP Tour Inc, a global leader in men's professional tennis, is dedicated to representing the world's top tennis players, entertaining millions of fans, and inspiring the next generation of players. Through its various initiatives and partnerships, ATP Tour Inc continues to support and grow the sport of tennis while prioritizing the well-being of its members and the community.
Impact
This information is meant to be a general summary of Atp Tour Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Atp Tour Inc's impact is significant in the world of men's professional tennis. Throughout the year, ATP actively works towards providing services and benefits for its members, promoting and growing the sport of tennis, and administering a circuit of professional tennis events. In 2021, ATP continued to demonstrate its commitment to delivering value to its members through various avenues such as sponsorships, TV coverage, prize money, and pension benefits.
ATP's initiatives in 2021 included introducing a COVID relief package that raised minimum prize money levels for ATP 250 and ATP 500 tournaments. The total player compensation for the ATP Tour season amounted to US$ 98.7 million, comprising On-Site Prize Money and Bonus Pool. Additionally, ATP increased pension contributions to pre-pandemic levels, resulting in US$ 73,800 pension contributions per player and a total contribution of US$ 12.1 million.
Moreover, the ATP Challenger Tour saw a significant increase in prize money, reaching US$ 9.8 million as compared to US$ 4.8 million the year before. ATP also took proactive steps to support players during the pandemic by introducing a new COVID-19 Protected Ranking provision and enhancing player team allowances at events.
Furthermore, ATP expanded its efforts beyond just the sport, as it became a member of UN Sports for Climate Action in November. This move demonstrates ATP's commitment to environmental sustainability by pledging to reduce its carbon emissions by 50% by 2030 and achieve a Net Zero status by 2040.
Overall, Atp Tour Inc's impact extends beyond the professional tennis circuit, influencing players, fans, and the broader community through its various initiatives and commitments to sustainability and welfare.
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 2021.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Member Services and Benefits
Revenue
$114,194,154
Membership Dues and Fees
Revenue
$13,500,471
Professional Tournament Rev
Revenue
$34,513,182
Player Benefit Plans
Revenue
$8,155,624
Challenger Circuit Fees
Revenue
$1,429,010
Organization Details
Founding Year
1973
Phone
(904) 285-8000
Main Address
201 ATP Tour Blvd, Ponte Vedra Beach, FL, 32082
Website
www.atptour.com
NTEE Category
Code: N80 - Recreation
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