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Olde Crabs 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: 141991050 ✦ Southbury, CT ✦ Designated as a 501(c)(3)

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Overview

What is Olde Crabs Hockey Club Inc?

Olde Crabs Hockey Club Inc, situated in Southbury, Connecticut, is a nonprofit organization with a unique mission. Established with the purpose of promoting hockey among adults over the age of 40, the club also engages in charitable activities. By organizing games, they encourage a love for hockey among their elderly members. In addition, Olde Crabs Hockey Club Inc has a commitment to giving back to society. They raise funds through various means and donate these proceeds to recognized charitable organizations. Their headquarters can be found at 2 Pomperaug Office Park STE 301, Southbury, CT, 06488.


Official website here: www.oldecrabshockey.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

Olde Crabs Hockey Club Inc has received a Three-Star rating from Charity Navigator, reflecting a score of 76%. This rating indicates a solid performance in accountability and financial management, largely due to the charity's high program expense ratio of 98.54%, which suggests that most funds are directed towards its mission rather than administrative costs. Additionally, the organization has a fully independent board, which is a positive sign for governance.

While the charity excels in several areas, there are notable limitations. Key policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy are missing, which may raise concerns about transparency and governance practices. Furthermore, the organization did not post its tax form on its website as required, which could hinder public accessibility to important financial information.

Overall, Olde Crabs Hockey Club Inc demonstrates strong financial accountability but should address its governance policies to enhance trust and transparency with stakeholders. Improving in these areas could lead to a higher rating in the future and foster greater confidence among donors and the community.


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

Is Olde Crabs Hockey Club Inc legitimate?

Olde Crabs Hockey Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olde Crabs 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: $0

For more financial information, click here


Official website here: www.oldecrabshockey.org

What is the mission statement of Olde Crabs Hockey Club Inc?

The Olde Crabs Hockey Club Inc, established with the objective of promoting hockey among adults aged forty and above, also dedicates its efforts to raising funds for various charitable organizations. Their mission is multifaceted, with a primary focus on fostering the love for hockey in a mature age group, while simultaneously contributing to the wellbeing of the community through charitable donations.


Official website here: www.oldecrabshockey.org

Who is the CEO of Olde Crabs Hockey Club Inc?

Thomas Paron is the Vice President of Olde Crabs Hockey Club Inc.


Official website here: www.oldecrabshockey.org

What is the revenue of Olde Crabs Hockey Club Inc?

Olde Crabs Hockey Club Inc's revenue in 2022 was $67,214.


Official website here: www.oldecrabshockey.org

Who are the executives of Olde Crabs Hockey Club Inc and what are their salaries?

There 7 volunteers at Olde Crabs Hockey Club Inc.


Here are 3 key members and their salaries:


Andy Kandiew (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Paron (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Lockwood (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.oldecrabshockey.org

Where can I find the form 990 for Olde Crabs Hockey Club Inc?

Olde Crabs Hockey Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.oldecrabshockey.org

Learn more at the official website: www.oldecrabshockey.org

Mission Statement of Olde Crabs Hockey Club Inc

The Olde Crabs Hockey Club Inc, a nonprofit organization, is dedicated to a unique mission. Their primary objective is to stimulate interest in the sport of hockey among adults aged forty and above. Beyond this, they aim to contribute to charitable causes by raising funds. By promoting hockey for the mature demographic and channeling the proceeds towards worthy charities, Olde Crabs Hockey Club Inc seeks to make a positive impact in the community.

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Impact




August, 2024

The Olde Crabs Hockey Club Inc makes a significant impact by promoting the game of hockey for adults over forty years old and raising funds for donations to organized charities. Through their activities and events, they not only foster a sense of community and camaraderie among older hockey enthusiasts but also contribute to charitable causes. This unique approach to combining sports and philanthropy allows the Olde Crabs Hockey Club to make a meaningful difference in the lives of both participants and recipients of their charitable donations.




This information is meant to be a general summary of Olde Crabs 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
$67,214 (2022)
20112012201320142015201720182019202020212022$0$30,000$60,000$90,000$120k
Expenses
$62,530 (2022)
20112012201320142015201720182019202020212022$0$30,000$60,000$90,000$120k
Efficiency
201120122013201420152017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Program Service Revenue: $67,214
  • Gross Receipts: $67,214

Assets and Liabilities:

  • Total Assets: $22,511
  • Total Liabilities: $0
  • Net Assets: $22,511

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Programs

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

DONATIONS REGISTRATIONS

Revenue

$67,214

SEASON AND TOURNAMENT

Organization Details

Founding Year

2007

Principal Officer

Thomas Paron

Main Address

2 POMPERAUG OFFICE PARK STE 301, SOUTHBURY, CT, 06488

NTEE Category

Code: T12 - Philanthropy

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