Overview
What is Massachusetts Hockey Inc?
Massachusetts Hockey Inc, located in Duxbury, Massachusetts, is a nonprofit organization that offers opportunities for youth aged 5 to 19 to engage in the sport of hockey. With a focus on fostering advancement, development, and encouraging participation in ice hockey within the Commonwealth of Massachusetts, they provide various programs and tournaments throughout the state. Their mission is to contribute positively to the hockey community, nurturing the skills and passion of young athletes. With a team of three dedicated individuals, Massachusetts Hockey Inc is committed to promoting and enriching the hockey experience for the youth in Massachusetts.
Official website here: www.mahockey.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star Rating)
Massachusetts Hockey Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts a high level of transparency and governance, with 98% of its board members being independent. This commitment to oversight is further evidenced by a perfect score in key areas, such as having an audit and oversight committee and established policies on conflict of interest and whistleblowing.
Additionally, the nonprofit demonstrates a solid financial foundation, as indicated by a low liabilities-to-assets ratio of 19.20% and a program expense ratio of 82.08%. These metrics suggest that a significant portion of its funds is directed towards its programs rather than administrative costs, highlighting its effective use of resources for its mission.
However, while the overall metrics are strong, ongoing monitoring of operational practices and financial health remains essential to maintain these high standards. The organization appears well-positioned to continue its impactful work in the community, given its current governance and financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Massachusetts Hockey Inc legitimate?
Massachusetts Hockey Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Massachusetts Hockey 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: $158,644
Professional Fundraising Fees: $0
Other Salaries and Wages: $122,598
For more financial information, click here
Official website here: www.mahockey.org
What is the mission statement of Massachusetts Hockey Inc?
Massachusetts Hockey Inc's mission is primarily focused on fostering the advancement, development, and encouraging participation in the sport of ice hockey. This is done within a broad context, aiming to cater to a diverse age group, ranging from 5 to 19 years old. The organization achieves this by offering various programs and tournaments across the sport. Their activities are geared towards providing an opportunity for youth to engage with ice hockey, thereby promoting its growth and popularity.
Official website here: www.mahockey.org
What is the revenue of Massachusetts Hockey Inc?
Massachusetts Hockey Inc's revenue in 2024 was $1,849,495.
Official website here: www.mahockey.org
Who are the executives of Massachusetts Hockey Inc and what are their salaries?
The average compensation at Massachusetts Hockey Inc during 2024 was $70,310. There are 4 employees and 115 volunteers at Massachusetts Hockey Inc.
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- Compensation: $143,335
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Official website here: www.mahockey.org
Where can I find the form 990 for Massachusetts Hockey Inc?
Massachusetts Hockey Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.mahockey.org
Learn more at the official website: www.mahockey.org
Mission Statement of Massachusetts Hockey Inc
Massachusetts Hockey Inc, a nonprofit organization, is dedicated to promoting the growth and development of ice hockey within the Commonwealth of Massachusetts. Their mission is to encourage participation, advance the skills, and foster a love for the sport among youth aged between 5 and 19. They achieve this by offering a variety of programs and tournaments across the state, providing ample opportunities for young individuals to indulge in the sport of hockey.
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Impact
July, 2024
Massachusetts Hockey Inc plays a crucial role in fostering the advancement, development, and participation in the sport of ice hockey within the Commonwealth of Massachusetts. By providing opportunities for youth ages 5 to 19 to play hockey through various programs and tournaments across the state, Massachusetts Hockey Inc contributes to the growth and development of young athletes in the sport. Their focus on recreation and skills development helps create a positive impact on the hockey community in Massachusetts.
This information is meant to be a general summary of Massachusetts Hockey 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 2024.
- Investment Income: $82,911
- Program Service Revenue: $1,429,740
- Gross Receipts: $1,849,495
Assets and Liabilities:
- Total Assets: $2,071,139
- Total Liabilities: $457,712
- Net Assets: $1,613,427
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES AND FE
Revenue
$1,352,779
OTHER INCOME
Revenue
$65,021
SPONSORSHIP REVENUE
Revenue
$11,940
Organization Details
Founding Year
1975
Phone
(781) 664-2700Principal Officer
Christopher Holden
Main Address
PO BOX 1788, DUXBURY, MA, 02332
Website
www.mahockey.orgNTEE Category
Code: N60Z - Recreation
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