Long Island Royals Jr Hockey Club Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 112934408 ✦ Kings park, NY ✦ Designated as a 501(c)(3)

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Overview

What is Long Island Royals Jr Hockey Club Inc?

Long Island Royals Jr Hockey Club Inc, with its headquarters at 270 Indian Head Road, Kings Park, New York 11754, is a nonprofit organization dedicated to youth development through junior hockey. With a modest workforce of two individuals, the club serves as a training ground for young athletes, helping them enhance their skills and compete at a higher level. The club's mission revolves around nurturing the talents of its members, providing them with the necessary tools to excel in their chosen sport.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69%, earning a Two-Star out of Four Star rating

Long Island Royals Jr Hockey Club Inc has received a Two-Star rating from Charity Navigator, which indicates a mixed performance in accountability and financial practices. While the organization boasts a fully independent board and has no reported material diversion of assets, there are significant gaps in transparency. The missing policies on conflicts of interest and whistleblowing are particularly concerning, as well as the absence of financial statements on their website.

Despite these shortcomings, the club demonstrates a strong commitment to its programming, reflected in a Program Expense Ratio of 100%. This suggests that all funds are directed towards their core mission. However, the lack of accessible financial documentation raises questions about the organization’s overall financial health and governance practices.

Overall, while Long Island Royals Jr Hockey Club has strengths in its program focus and independent oversight, the noted deficiencies in transparency and policy frameworks may deter potential donors and stakeholders who prioritze accountability in nonprofit organizations. It is advisable for the organization to address these issues to improve its rating and increase trust among the community it serves.


This AI summary has been generated from information found on Charity Navigator.

Is Long Island Royals Jr Hockey Club Inc legitimate?

Long Island Royals Jr Hockey Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Long Island Royals Jr Hockey Club 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: $119,035

For more financial information, click here

What is the mission statement of Long Island Royals Jr Hockey Club Inc?

The Long Island Royals Jr Hockey Club Inc serves as a platform for young individuals to develop and enhance their hockey skills at a competitive level. Its mission, as stated, is centered around cultivating the talents of these youths in the sport. The club aims to provide a challenging environment that propels its members towards advancement in their hockey careers. The Long Island Royals Jr Hockey Club Inc does not just focus on honing skills on the ice, but also fosters an atmosphere of growth and development off the field, encouraging its members to become well-rounded individuals.

Who is the CEO of Long Island Royals Jr Hockey Club Inc?

Richard Mcguigan is the Vice President of Long Island Royals Jr Hockey Club Inc.

What is the revenue of Long Island Royals Jr Hockey Club Inc?

Long Island Royals Jr Hockey Club Inc's revenue in 2022 was $1,387,616.

Who are the executives of Long Island Royals Jr Hockey Club Inc and what are their salaries?

The average compensation at Long Island Royals Jr Hockey Club Inc during 2022 was $59,518. There are 2 employees at Long Island Royals Jr Hockey Club Inc.


Here are 3 key members and their salaries:


James F Mcguigan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Mcguigan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Mcguigan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Long Island Royals Jr Hockey Club Inc?

Long Island Royals Jr Hockey Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Long Island Royals Jr Hockey Club Inc

The Long Island Royals Jr Hockey Club Inc is committed to serving young individuals by providing a junior hockey platform where they can enhance their skills and compete at a competitive level. This mission is centered around nurturing the talent of youth hockey players, offering them an environment to hone their abilities and progress in their sport.

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Impact




July, 2024

The Long Island Royals Jr Hockey Club Inc provides a platform for youth to train and develop their skills in a competitive environment. Through this junior hockey club, young athletes have the opportunity to enhance their abilities and pursue their passion for the sport. Located in Kings Park, NY, the club is dedicated to helping players reach their full potential and excel in the realm of competitive hockey. The impact of the Long Island Royals Jr Hockey Club Inc extends to fostering a culture of skill development, sportsmanship, and competitive spirit among the youth involved in the program.




This information is meant to be a general summary of Long Island Royals Jr Hockey Club 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.

Revenue
$1,387,616 (2022)
Expenses
$1,452,670 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $245
  • Program Service Revenue: $1,387,371
  • Gross Receipts: $1,387,616

Assets and Liabilities:

  • Total Assets: $897,875
  • Total Liabilities: $16,794
  • Net Assets: $881,081

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TEAM FEES

Revenue

$1,387,371

Organization Details

Principal Officer

Richard Mcguigan

Main Address

270 INDIAN HEAD ROAD, KINGS PARK, NY, 11754

NTEE Category

Code: N68 - Recreation

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