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Filing year 2023

V3 SPORTS INC

Minneapolis, Minnesota·EIN 47-4208106·NTEE N40 · Recreation & Sports·501(c)(3)
Total revenue
$23.2M
Total assets
$27.9M
Total expenses
$14.5M
Reported officers
18
Mission

The mission of V3 Sports is to elevate its community (North Minneapolis) through wellness, fitness, and education. In serving its mission, V3 Sports operates the V3 Center in North Minneapolis and runs culturally relevant programming through its state-of-the-art aquatics, fitness and community center, which hosts a childcare service, a Boys and Girls Club branch and a locally-owned restaurant.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Recreation & Sports organizations nationwide.

Executive Director
75th to 90th percentilevs Recreation & Sports peers in Minnesota
$101k
$110k
Director of Finance and Operations
Median to 75th percentile
$64k
$70k
Managing Director
Director (Operational)
25th percentile to median
$25k
$27k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 15 unpaid individuals.

Browse compensation in Recreation & Sports

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at V3 SPORTS INC equaled 0.7% of the organization's total expenses. The median for recreation & sports organizations is 8%.

This organization (2023)
0.7%
Sector median
8%
Middle half of sector
4% to 16%

Based on 7,435 recreation & sports organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about V3 SPORTS INC

What does the Chief Executive Officer of V3 SPORTS INC earn?

In 2023, the Chief Executive Officer of V3 SPORTS INC received $100,913 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Recreation & Sports organizations in Minnesota, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at V3 SPORTS INC compare with similar nonprofits?

Compared with the same role at Recreation & Sports organizations in Minnesota, the 2023 pay of the Chief Executive Officer at V3 SPORTS INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at V3 SPORTS INC equaled 0.7% of the organization's total expenses. The median for recreation & sports organizations is 8%.

What are V3 SPORTS INC's revenue and expenses?

In 2023, V3 SPORTS INC reported $23.2M in total revenue and $14.5M in total expenses on its IRS Form 990.

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