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EIN 54-1449314

US Parachute Team Trust Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Fredericksburg
State
Virginia
Year formed
1986
Most recent tax filings
2022-12-01
NTEE code, primary
N11: Recreation and Sports Single Organization Support
Description
The Fund's purpose is to help defray the expenses of the u.sUs.s. Parachute Team, inc. ("the Team"), a district of columbia nonprofit, publicly supported corporation or its successor, in sending teams to amateur parachuting competitions. Funds will be made available to the Team in each year for which it is preparing to field a Team in amateur competition. In sending teams to amateur parachuting competitions.
Total revenues
$360,383
2022
Total expenses
$91,684
2022
Total assets
$2,219,702
2022
Num. employees
0
2022

Program areas at US Parachute Team Trust Fund

The Trust Fund distributes funds to the u.sUs.s. Parachute Team for world championship entry.

Grants made by US Parachute Team Trust Fund

GranteeGrant descriptionAmount
United States Parachute Team2022 World Championship Entry Fees$62,500

Who funds US Parachute Team Trust Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$90,000

Personnel at US Parachute Team Trust Fund

NameTitleCompensation
Albert BerchtoldExecutive Director$0
Chuck AkersPresident / Director$0
Ray LalloSecretary$0
Randy AllisonChairman / Vice President$0
Sherry ButcherVice President / Director / President / Secretary$0
...and 7 more key personnel

Financials for US Parachute Team Trust Fund

RevenuesFYE 12/2022
Total grants, contributions, etc.$83,756
Program services$0
Investment income and dividends$51,689
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$224,938
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$360,383

Form 990s for US Parachute Team Trust Fund

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-09-28990View PDF
2020-122021-11-02990View PDF
2019-122021-02-18990View PDF
2018-122020-02-14990View PDF
...and 10 more Form 990s

Organizations like US Parachute Team Trust Fund

OrganizationLocationRevenue
Soaring Society of America FoundationHobbs, NM$1,142,742
Decorah Athletic Booster ClubDecorah, IA$101,342
Tulelake-Butte Valley Fair FriendsTulelake, CA$440,066
Liponi Foundation for Special RecreationMorton Grove, IL$90,448
Menlo Atherton Athletic BoostersMenlo Park, CA$178,365
Nijc BoostersCoeur Dalene, ID$106,755
Zane Trace Athletic Boosters ClubChillicothe, OH$110,063
Friends of the Robert Crown CenterEvanston, IL$597,549
Fredericksburg Billie BoostersFredericksburg, TX$192,970
Midway Booster ClubHewitt, TX$244,305
Data update history
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 18, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2020
May 7, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsCivic / social organizationsSports organizationsCharities
Issues
Human services
Characteristics
Funds one specific organizationProvides grantsEndowed supportTax deductible donationsNo full-time employees
General information
Address
5401 Southpoint Centre Blvd
Fredericksburg, VA 22407
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Spotsylvania County, VA
Website URL
usparachuteteam.org/teams 
Phone
(540) 604-9740
IRS details
EIN
54-1449314
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N11: Recreation and Sports Single Organization Support
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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