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Nonprofiteer
← WOMENS TENNIS BENEFIT ASSOCIATION INC

Form 990 for tax year 2024

Filed by WOMENS TENNIS BENEFIT ASSOCIATION INC.

Totals

Total revenue
$6,094,072
Total expenses
$6,510,937
Contributions and grants received
$454,750
Grants paid
$26,250
Program service revenue
$5,195,871
Investment income
$443,451
Other revenue
$0
Total assets, end of year
$171,401,797
Total liabilities, end of year
$159,886,943
Net assets or fund balances, end of year
$11,514,854
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$5,308,264

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $454,750

  • 2a · Program service revenue: TOURNAMENT & PLAYERS' SERVICE FEE

    total $5,150,216 · related or exempt $5,150,216

  • 2b · Program service revenue: MEMBERS HEALTH & DISABILITY INSUR

    total $45,655 · related or exempt $45,655

  • 3 · Investment income

    total $443,451 · excluded $443,451

  • 7a · Gross sales of assets other than inventory

    securities $4,445,586

  • 7b · Less cost or other basis and sales expenses

    securities $4,445,586

  • 7c · Gain or loss

    securities $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $26,250

  • 4 · Benefits paid to or for members

    total $4,960,060

  • 5 · Compensation of officers, directors and key employees

    total $570,685

  • 11b · Fees: legal

    total $86,685

  • 11c · Fees: accounting

    total $78,017

  • 11f · Fees: investment management

    total $30,500

  • 11g · Fees: other

    total $598,298

  • 13 · Office expenses

    total $26,230

  • 17 · Travel

    total $113,365

  • 19 · Conferences, conventions and meetings

    total $3,499

  • 23 · Insurance

    total $17,348

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,657,436 · end of year $2,196,920

  • 2 · Savings and temporary cash investments

    beginning of year $105,178 · end of year $304,894

  • 9 · Prepaid expenses and deferred charges

    beginning of year $21,294 · end of year $8,432

  • 11 · Investments: publicly traded securities

    beginning of year $145,142,283 · end of year $166,182,915

  • 12 · Investments: other securities

    beginning of year $483,346 · end of year $507,809

  • 15 · Other assets

    beginning of year $351,553 · end of year $2,200,827

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,615,084 · end of year $5,153,585

  • 19 · Deferred revenue

    beginning of year $317,200 · end of year $277,700

  • 25 · Other liabilities

    beginning of year $131,473,113 · end of year $154,455,658

  • 27 · Net assets without donor restrictions

    beginning of year $11,052,346 · end of year $11,187,044

  • 28 · Net assets with donor restrictions

    beginning of year $303,347 · end of year $327,810

Mission and programs · 2024

Mission

TO PROMOTE AND PROTECT THE COMMON INTERESTS OF ALL WOMEN TENNIS PROFESSIONALS AND TO UNITE THEM IN A SINCERE REPRESENTATIVE ORGANIZATION.

  • TO ADMINISTER AND MANAGE THE RETIREMENT PLAN INVESTMENTS, HEALTH BENEFITS, AND OTHER ASSETS OWNED BY OR ON BEHALF OF THE MEMBERS.

    Expenses $5,308,264 · Grants $26,250 · Revenue $5,195,871

As filed on the 2024 return.

Listed in Part VII

  • Brandon Burke

    CHAIRMAN

    Total calculated
    $100,000
    From this org
    $100,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Julia Boserup

    DIRECTOR (SINCE 6/1/24)/CONSULTANT

    Total calculated
    $109,507
    From this org
    $109,507
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Kurt Zumwalt

    DIR (TREASURER SINCE 1/10/2024)

    Total calculated
    $100,000
    From this org
    $100,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Vanessa Webb

    TREASURER (UNTIL 1/9/2024)

    Total calculated
    $3,141
    From this org
    $3,141
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Anja Vreg

    DIRECTOR

    Total calculated
    $115,000
    From this org
    $115,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Lisa Grattan

    EXECUTIVE DIRECTOR

    Total calculated
    $143,037
    From this org
    $143,037
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Anita Pelletier

    SECRETARY

    Total calculated
    $0
    Hours/week
    10

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • WTA FOUNDATION INC

    $25,000

    TO PROVIDE ASSISTANCE TO MEMBERS OF THE GLOBAL WOMEN'S TENNIS COMMUNITY.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • WTA TOUR INC

    501(C)(6) · PROMOTE THE GROWTH & RECOGNITION OF WOMEN'S TENNIS WORLDWIDE · NY

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.2
Source object
202523189349306907

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