V3 SPORTS INC

As filed

Subsection

03

NTEE code

N40

Classification

1000

Street

701 PLYMOUTH AVE N

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• V3 FOUNDATION

  EIN 93-2899435

Mission and programs · 2024

• V3 SPORTS OPENED ITS DOORS TO THE FULL PUBLIC FOR THE FIRST TIME ON MAY 11TH, 2024. THIS SOFT OPENING WELCOMED HUNDREDS OF NEW VISITORS FROM NORTH MINNEAPOLIS, OFFERING THEM FREE ACCESS TO THE CENTER FOR THE MONTH OF MAY. AN ALL NEW MEMBERSHIP TEAM OF ONE FULL-TIME LEAD AND TEN PART-TIME SPECIALISTS, WHO HAD BEEN WORKING TOGETHER FOR LESS THAN A MONTH, REGISTERED OVER 300 MEMBERS IN THOSE FIRST SIX WEEKS!FOLLOWING OUR GRAND OPENING ON JUNE 22, 2024, THE V3 CENTER WENT ON TO SEE ANOTHER 800 MEMBERS SIGN-UP. THE FOUNDATION OF AN AMAZING COMMUNITY WAS FORMED. EVEN MORE IMPRESSIVE IS THAT 80% OF MEMBERS HERE AT THE V3 CENTER RESIDE IN NORTH MINNEAPOLIS!THE FIRST YEAR WAS A TREMENDOUS SUCCESS FOR OUR YOUNG ORGANIZATION, AS MEMBERSHIP POLICIES AND AGREEMENTS WERE DRAFTED AND IMPLEMENTED, NEW SOFTWARE WAS MASTERED, OPERATIONAL PROCESSES WERE DEVELOPED AND OUR TEAM BATTLED THROUGH THE INEVITABLE GROWING PAINS THAT COME ALONG WITH STARTING A BUSINESS. IT WAS AN EXCITING AND CHALLENGING YEAR OF BUILDING A STRONG MEMBERSHIP OPERATION THAT WILL SERVE THE COMMUNITY FOR GENERATIONS.

  Expenses $7,746,118 · Grants $6,620,240

• IN 2024, V3 SPORTS PROVIDED 505 SWIM LESSONS TOTALING MORE THAN 3,000 HOURS OF INSTRUCTION, HOSTED 10 FAMILY WATER SAFETY WORKSHOPS THAT REACHED OVER 230 PEOPLE, AND ORGANIZED 2 COMMUNITY WATER SAFETY EVENTS WITH MORE THAN 100 PARTICIPANTS. WE ALSO ENGAGED OVER 500 WOMEN THROUGH OUR WEDNESDAY NIGHT WOMEN'S SWIM PROGRAM. FROM JUNE THROUGH THE END OF THE YEAR, THESE EFFORTS EXPANDED ACCESS TO SWIM EDUCATION AND CREATED SAFE, INCLUSIVE SPACES FOR FAMILIES AND INDIVIDUALS TO GAIN LIFE-SAVING SKILLS.

  Expenses $827,264 · Revenue $110,007

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $2,706,548

  Expenses

  $10,389,238

  Contributions

  $2,298,362

  Grants paid

  $6,620,240

• 2023

  Revenue

  $23,186,711

  Expenses

  $14,480,727

  Contributions

  $23,029,418

  Grants paid

  $12,958,775

• 2022

  Revenue

  $15,786,495

  Expenses

  $635,823

  Contributions

  $16,040,095

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2022 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2021 · 990

  Revenue

  $5,533,195

  Expenses

  $390,080

  Assets (EOY)

  $11,391,431

• 2021 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2020 · 990

  Revenue

  -$35,822

  Expenses

  $145,918

  Assets (EOY)

  $6,126,186

• 2020 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2019 · 990

  Revenue

  -$41,243

  Expenses

  $37,371

  Assets (EOY)

  $5,742,928

• 2018 · 990

  Revenue

  -$389,665

  Expenses

  $35,801

  Assets (EOY)

  $5,091,915

• 2017 · 990

  Revenue

  $600,232

  Expenses

  $174,400

  Assets (EOY)

  $4,981,457

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Form 990-N e-Postcard, tax year 2016

Tax period

1 January 2016 to 31 December 2016

Principal officer

Erika Binger

Mailing address

1703 New Brighton Blvd Suite 104Minneapolis MN 55413

As filed, from the IRS e-Postcard file of 9 November 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

• V3 FOUNDATION

  $14,550

  2024 · FOR THE CONSTRUCTIONS OF V3 CENTER

• V3 FOUNDATION

  $0

  2023 · For the Construction of V3 Center.

Where these grants went next →

Grants received

• MINNEAPOLIS FOUNDATION

  $500,000

  2022 · DONOR-RECOMMENDED, SPORTS & RECREATION

• THIELEN FOUNDATION INC

  $250,000

  2022 · V3 CENTER, HEALTH AND WELLNESS FACILITY IN NORTH MINNEAPOLIS

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $110,000

  2023 · For grant recipient's exempt purposes

• NATIONAL PHILANTHROPIC TR

  $100,000

  2022 · HUMAN SERVICES

• THE BLACKBAUD GIVING FUND

  $52,260

  2025 · GENERAL SUPPORT

• USA SWIMMING FOUNDATION

  $31,185

  2023 · Learn to Swim

• POOL & HOT TUB FOUNDATION

  $20,000

  2024 · Step Into Swim

• THE NEW YORK COMMUNITY TRUST

  $18,000

  2024 · FOR GENERAL SUPPORT.

• FORGOOD INC

  $17,152

  2024 · UNRESTRICTED

• USA SWIMMING FOUNDATION

  $15,000

  2022 · Learn to Swim

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files