Overview
What is Bridgton Ice Arena Inc?
Bridgton Ice Arena Inc is a nonprofit organization situated in North Bridgton, Maine. Its primary mission is to offer beneficial recreational, educational, and athletic programs for the residents of the Town of Bridgton, School Administrative District 61, and Bridgton Academy. The organization operates as a community skating facility, providing a suitable venue for various athletic programs. The Long Lake Skating School, housed within the arena, employs both professional and qualified amateur instructors to teach a diverse range of skills, catering to individuals of all ages and abilities, from toddlers to adults. Public skating sessions are available from July to March, allowing the community to enjoy this popular winter activity.
Official website here: www.chalmersicearena.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63% (Two-Star out of Four Star rating)
Bridgton Ice Arena Inc has received a 63% overall rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization has strengths in having a fully independent board, which scored a perfect 10 out of 10, and it has demonstrated no material diversion of assets. Additionally, the program expense ratio is exemplary at 100%, suggesting that all funding is directed towards its programs.
However, there are notable weaknesses, particularly concerning governance policies. The nonprofit is missing a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which significantly impacted its accountability score. These gaps indicate a need for improvements in governance practices to enhance transparency and protect both the organization and its stakeholders.
Despite these limitations, the Bridgton Ice Arena maintains a commitment to its mission, evident in its full allocation of expenses to programs. Addressing the identified weaknesses could strengthen its operational integrity and potentially improve its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Bridgton Ice Arena Inc legitimate?
Bridgton Ice Arena Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridgton Ice Arena Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.chalmersicearena.com
What is the mission statement of Bridgton Ice Arena Inc?
Bridgton Ice Arena Inc's mission is centered around offering recreational, educational, and athletic programs for the benefit of various local entities. Specifically, these programs are designed to cater to the Town of Bridgton, School Administrative District 61, and Bridgton Academy. The organization serves as a hub for athletic activities, hosting a range of programs that cater to individuals of various skill levels, from beginners to advanced skaters. During the summer months and up until March, the arena offers public skating sessions, making its services accessible to a wide community. The Long Lake Skating School, located within Bridgton Ice Arena Inc, is staffed with qualified instructors who provide lessons to individuals of all ages, from tots to adults.
Official website here: www.chalmersicearena.com
Who is the CEO of Bridgton Ice Arena Inc?
Bridgton Academy is the Trustee of Bridgton Ice Arena Inc.
Official website here: www.chalmersicearena.com
What is the revenue of Bridgton Ice Arena Inc?
Bridgton Ice Arena Inc's revenue in 2022 was $149,786.
Official website here: www.chalmersicearena.com
Who are the executives of Bridgton Ice Arena Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.chalmersicearena.com
Where can I find the form 990 for Bridgton Ice Arena Inc?
Bridgton Ice Arena Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chalmersicearena.com
Learn more at the official website: www.chalmersicearena.com
Mission Statement of Bridgton Ice Arena Inc
Bridgton Ice Arena Inc is committed to serving the Town of Bridgton, School Administrative District 61, and Bridgton Academy by offering a variety of recreational, educational, and athletic programs. This nonprofit organization's mission is to provide a platform where individuals of all ages and abilities, from tots to adults, can learn and engage in various activities. The Bridgton Ice Arena Inc is home to the Long Lake Skating School, which boasts a team of professional and qualified amateur instructors. These instructors are equipped to teach a wide range of skills, from the fundamentals to advanced techniques, ensuring that everyone can participate and improve. The arena offers public skating sessions from July to March, providing an opportunity for the community to enjoy this popular recreational activity.
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Impact
October, 2024
Bridgton Ice Arena Inc significantly enriches the community by offering a versatile facility that serves multiple educational and athletic purposes. It provides an accessible venue for recreational activities, ensuring that residents of all ages, from toddlers to adults, have opportunities to engage in ice skating and other athletic programs.
The presence of the Long Lake Skating School, which features qualified instructors, enhances its impact by fostering skill development and promoting a love for skating among participants of various skill levels. Public skating sessions available from July to March encourage community interaction and physical fitness, making ice skating accessible to a wide audience.
Overall, the arena is a vital resource for the Town of Bridgton, School Administrative District 61, and Bridgton Academy, playing a crucial role in promoting a healthy, active lifestyle and enhancing community cohesion through recreational and athletic opportunities.
This information is meant to be a general summary of Bridgton Ice Arena Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $80,266
- Gross Receipts: $149,786
Assets and Liabilities:
- Total Assets: $657,710
- Total Liabilities: $335,793
- Net Assets: $321,917
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Ice Rental
Revenue
$68,287
Skate Sharpening Fees
Revenue
$2,309
Public Skating Fees
Revenue
$4,010
Skate Rental Fees
Revenue
$1,365
Other Sales and Fees
Revenue
$4,295
Organization Details
Founding Year
1997
Principal Officer
Bridgton Academy
Main Address
PO Box 180, North Bridgton, ME, 04057
Website
www.chalmersicearena.comNTEE Category
Code: N32Z - Recreation
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