Syracuse Nets Ltd

Organization Overview

Syracuse Nets Ltd is located in Camillus, NY. The organization was established in 2011. According to its NTEE Classification (N62) the organization is classified as: Basketball, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Syracuse Nets Ltd employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Syracuse Nets Ltd is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Syracuse Nets Ltd generated $18.0 in total revenue. All expenses for the organization totaled $10.3k during the year ending 12/2021.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE ORGANIZATION IS TO CREATE AND FOSTER AN ENVIRONMENT WHICH PROVIDES OPPORTUNITIES FOR ALL STUDENT-ATHLETES TO ENRICH THEIR BASKETBALL EXPERIENCE THROUGH PARTICIPATION ON ATHLETIC TEAMS WHICH ARE COMPETITIVE AT THE LOCAL AND NATIONAL LEVEL. IT ALLOWS THE YOUTH IN OUR COMMUNITY TO PARTICIPATE IN AN ORGANIXED AND COMPETITIVE BASKETBALL PROGRAM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BASKETBALL PROGRAM


BASKETBALL PROGRAMS


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Board, Officers & Key Employees

Name (title)Compensation
Deborah Lamphear
Vice Pres/tr
$0
Michael Munson
President
$0
Scott Gantos
Director
$0
Louis Lamphear
Director
$0

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$17
Investment income $1
Tax Exempt Bond Proceeds $0
Royalties $0
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 $18

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