Nonprofit · EIN 26-0403050
INTERNATIONAL CHEER UNION
Tax-exempt (reinstated) · MEMPHIS, TN 38112
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,320,668 | $2,110,430 | -$789,762 | $244,669 | $1,796,231 | -$1,551,562 |
| December 31, 2023 | 990 | $1,205,860 | $1,987,176 | -$781,316 | $334,147 | $1,095,947 | -$761,800 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $32,000
- Program service revenue
- $1,288,668
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $778,682
- Professional fundraising fees
- $0
- Legal fees
- $338,208
- Occupancy
- $71,627
- Travel
- $323,801
- Depreciation
- $652
Balance sheet and other
- Total assets, start of year
- $334,147
- Total assets, end of year
- $244,669
- Total liabilities, end of year
- $1,796,231
- Net assets, end of year
- -$1,551,562
- Land, buildings and equipment
- $979
- Net assets without donor restrictions
- -$1,551,562
- Gross receipts
- $1,320,668
- Employees
- 10
- Volunteers
- 0
- Year formed
- 2007
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARL A OLSON | SECRETARY GENERAL/ CEO Officer | 40 | $161,671 |
| JEFFERY G WEBB | PRESIDENT AND COUNCIL MEMB Trustee or director, Officer | 1 | $0 |
| CHANG YU-CHUAN | COUNCIL MEMBER Trustee or director | 1 | $0 |
| RODRIGO ANGUITA FLORES | COUNCIL MEMBER Trustee or director | 1 | $0 |
| WAYNE OBEREM | COUNCIL MEMBER Trustee or director | 1 | $0 |
| YULIA SAUTINA | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| VICTOR MARTINEZ | COUNCIL MEMBER Trustee or director | 1 | $0 |
| ALJAZ BRITVIC | COUNCIL MEMBER Trustee or director | 1 | $0 |
| PAMELA CHANG ESTEVEZ | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| MICHAEL COOPER | COUNCIL MEMBER Trustee or director | 1 | $0 |
| MATT MCDONAUGH | COUNCIL MEMBER Trustee or director | 1 | $0 |
| SUEBSAI BOONVERABUT | COUNCIL MEMBER Trustee or director | 1 | $0 |
| RIIKKA TAIVASSALO | COUNCIL MEMBER Trustee or director | 1 | $0 |
| JOHN NICHOLS | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARL A OLSON | SECRETARY GENERAL/ CEO Officer | 40 | $165,000 |
| JEFFERY G WEBB | PRESIDENT AND COUNCIL MEMB Trustee or director, Officer | 1 | $0 |
| CHANG YU-CHUAN | COUNCIL MEMBER Trustee or director | 1 | $0 |
| RODRIGO ANGUITA FLORES | COUNCIL MEMBER Trustee or director | 1 | $0 |
| WAYNE OBEREM | COUNCIL MEMBER Trustee or director | 1 | $0 |
| YULIA SAUTINA | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| VICTOR MARTINEZ | COUNCIL MEMBER Trustee or director | 1 | $0 |
| ALJAZ BRITVIC | COUNCIL MEMBER Trustee or director | 1 | $0 |
| PAMELA CHANG ESTEVEZ | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| MICHAEL COOPER | COUNCIL MEMBER Trustee or director | 1 | $0 |
| MATT MCDONAUGH | COUNCIL MEMBER Trustee or director | 1 | $0 |
| SUEBSAI BOONVERABUT | COUNCIL MEMBER Trustee or director | 1 | $0 |
| RIIKKA TAIVASSALO | COUNCIL MEMBER Trustee or director | 1 | $0 |
| JOHN NICHOLS | TREASURER Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2574 SAM COOPER BLVD, MEMPHIS, TN 38112-2708
- In care of
- % JEFFREY G WEBB
- Principal officer (990 for 2024)
- KARL OLSON, 2574 SAM COOPER BLVD, MEMPHIS, TN 38112
- Signed the 990
- KARL OLSON, SECRETARY GENERAL
- Phone
- (901) 628-3677
- Website
- CHEERUNION.ORG
- Return prepared by
- HENDERSON HUTCHERSON & MCCULLOUGH PLLC
Mission
DEVELOP INTEREST AND PARTICIPATION IN CHEERLEADING, PROMOTE CHEERLEADING SAFETY, ACT AS AN INTERNATIONAL GOVERNING BODY FOR CHEERLEADING, EDUCATE COACHES AND OFFICIALS, AND CONDUCT A WORLD CHEERLEADING CHAMPIONSHIP.
Program accomplishments
- WORLD CHEERLEADING CHAMPIONSHIP (WCC):THE WCC CONDUCTS THE FOLLOWING:- ICU WORLD & JUNIOR WORLD CHAMPIONSHIPS OF 3,000 ATHLETES FROM 70 NATIONS- ICU CONTINENTAL CHAMPIONSHIPS & CUPS IN VERONA, ITALY (EUROPE), BALI, INDONESIA (ASIA), DURBAN, SOUTH AFRICA (AFRICA), AND A WORLD CUP IN SEOUL KOREA (FOR WORLD CLUB TEAMS).- THE INTERNATIONAL OLYMPIC COMMITTEE HAS RECOGNIZED CHEERLEADING AS AN OFFICAL OLYMPIC SPORT.Expenses $1,116,648 · revenue $856,823
- SUPPORT TO INTERNATIONAL GOVERNING BODIES FOR TRAINING, COACHING AND SAFETY OF ATHLETES. PROVIDES EDUCATION AND TRAINING FOR 2,000 COACHES IN 90 COUNTRIES.Expenses $298,941 · revenue $431,845
- GROWING CHEERLEADING INTERNATIONALLY:- EXPANSION OF THE ICU WORLD CHAMPIONSHIPS DIVISION TO 25 NATIONAL TEAMS SPECIFICALLY FOR ATHLETES WITH DISABILITIES (CALLED PARA SPORT CHEER/ ADAPTIVE ABILITIES) FROM 9 COUNTRIES- SPORT MINISTRY RECOGNITION IN ARGENTINA, BOTSWANA, GEORGIA, SWEDEN, TRINIDAD & TOBAGO- NATIONAL OLYMPIC RECOGNITION IN CANADA, GREECE, AND THAILAND
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-0403050
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $244,669
- Income (IRS master file)
- $1,320,668
Revocation and reinstatement
- Exemption revoked
- May 15, 2015
- Posted by the IRS
- August 10, 2015
- Reinstated
- Effective May 15, 2015
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,320,668 | $2,110,430 | $244,669 | IRS |
| 990 | December 2023 | $1,205,860 | $1,987,176 | $334,147 | XML |
| 990 | December 2022 | $1,746,967 | $2,004,114 | $1,450,097 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-0403050).
Questions about INTERNATIONAL CHEER UNION
- What is the EIN of INTERNATIONAL CHEER UNION?
- The employer identification number (EIN) of INTERNATIONAL CHEER UNION is 26-0403050.
- Is INTERNATIONAL CHEER UNION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2015 and reinstated it effective May 15, 2015.
- Are donations to INTERNATIONAL CHEER UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INTERNATIONAL CHEER UNION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INTERNATIONAL CHEER UNION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INTERNATIONAL CHEER UNION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of INTERNATIONAL CHEER UNION?
- The 990 for the year ended December 31, 2024 names KARL OLSON.
- Who are the officers and directors of INTERNATIONAL CHEER UNION?
- The 990 for the year ended December 31, 2024 lists 14 people; 1 received compensation from the organization, the highest $161,671 (KARL A OLSON, SECRETARY GENERAL/ CEO).
- How much revenue does INTERNATIONAL CHEER UNION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,320,668, expenses of $2,110,430 and total assets of $244,669 at year end.
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All nonprofits in MEMPHIS · Tennessee · Community improvement and capacity building