Major League Soccer Players Association
- Assets
- $32.3m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 24
- Location
- Bethesda, MD
- Founding
- 07/2005
- Data as of
- 12/2022
- EIN
- 20-0898908
Organization Overview
Major League Soccer Players Association is located in Bethesda, MD. The organization was established in 2005. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2022, Major League Soccer Players Association employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Major League Soccer Players Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, Major League Soccer Players Association generated $6.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $4.1m during the year ending 12/2022. While expenses have increased by 13.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE PLAYERS ASSOCIATION IS TO IMPROVE ECONOMIC AND OTHER PLAYING CONDITIONS OF THE PLAYERS AND TO MAINTAIN AMICABLE RELATIONSHIPS BETWEEN PLAYERS, COACHES, MANAGERS AND OWNERS IN MAJOR LEAGUE SOCCER (MLS); TO PROMOTE GOOD PUBLIC RELATIONS IN THE BEST INTERESTS OF THE SOCCER PROFESSION; TO NEGOTIATE, EXECUTE AND ADMINISTER COLLECTIVE BARGAINING AGREEMENTS WITH MLS RESPECTING CONDITIONS OF EMPLOYMENT GOVERNING PLAYERS, EXCEPT THAT PLAYERS SHALL RETAIN THE RIGHT, PERSONALLY, TO NEGOTIATE INDIVIDUAL ANNUAL SALARIES; TO HANDLE THE DISPUTES AND GRIEVANCES ARISING BY VIRTUE OF AGREEMENTS AND REPRESENTATION, INCLUDING ARBITRATION AND LITIGATION IN FEDERAL, STATE OR LOCAL COURTS, ADMINISTRATIVE AGENCIES, OR THE LEAGUE OFFICE; TO PROVIDE INFORMATION AND ASSISTANCE TO MEMBERS AND ENGAGE IN ACTIVITIES TO ADVANCE AND SAFEGUARD THEIR WELFARE; TO DEVELOP SUCH PROJECTS AND ENTERPRISES THAT WILL BRING FURTHER BENEFITS TO MEMBERS AS INDIVIDUALS OR THE ASSOCIATION AS AN ENTITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPRESENT PLAYERS OF MAJOR LEAGUE SOCCER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jalil Anibaba Executive Board | OfficerTrustee | 2 | $0 |
Earl Edwards Jr Executive Board | OfficerTrustee | 2 | $0 |
Ethan Finlay Executive Board | OfficerTrustee | 2 | $0 |
Jacori Hayes Executive Board | OfficerTrustee | 2 | $0 |
Clint Irwin Executive Board | OfficerTrustee | 2 | $0 |
Mark-Anthony Kaye Executive Board | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sherman Dunn Cohen Leifer & Yellig P Legal Service | 12/30/19 | $161,660 |
Berlin Rosen Public Relations | 12/30/19 | $161,109 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $464,369 |
| Investment income | $116,376 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $4,541,660 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,287,120 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $32,576 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,001,738 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,129,584 |
| Pension plan accruals and contributions | $68,797 |
| Other employee benefits | $202,647 |
| Payroll taxes | $134,232 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $108,321 |
| Fees for services: Accounting | $46,193 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $394,766 |
| Advertising and promotion | $0 |
| Office expenses | $222,229 |
| Information technology | $43,418 |
| Royalties | $0 |
| Occupancy | $141,285 |
| Travel | $393,655 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $87,179 |
| Insurance | $11,665 |
| All other expenses | $38,247 |
| Total functional expenses | $4,056,532 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $365,671 |
| Savings and temporary cash investments | $17,934,250 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,142,325 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $26,323 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,750 |
| Net Land, buildings, and equipment | $118,570 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,689,527 |
| Total assets | $32,295,416 |
| Accounts payable and accrued expenses | $142,513 |
| Grants payable | $0 |
| Deferred revenue | $18,149,340 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,332,141 |
| Total liabilities | $19,623,994 |
| Net assets without donor restrictions | $12,671,422 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $32,295,416 |
Grants Awarded
Over the last fiscal year, Major League Soccer Players Association has awarded $32,576 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NAT'L WOMEN'S SOCCER LEAGUE PLAYERS ASSOCIATION PURPOSE: GENERAL SUPPORT | $20,360 |
USL PLAYERS ASSOCIATION PURPOSE: GENERAL SUPPORT | $12,216 |