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Niagara University Ice Complex

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

EIN: 161495560 ✦ Niagara university, NY ✦ Designated as a 501(c)(3)

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Overview

What is Niagara University Ice Complex?

The Niagara University Ice Complex serves as a communal engagement center in Niagara University, New York. It is primarily focused on providing an ice facility for community skating activities, acting as a physical fitness and recreational facility. The complex's mission is to organize and make this facility accessible to the community, fostering a sense of togetherness.


Official website here: www.niagara.edu/icecomplex/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 66% (Two-Star out of Four Stars)

Niagara University Ice Complex has received a Two-Star rating from Charity Navigator, indicating an average level of accountability and financial health. While the organization scores well in several areas, such as its program expense ratio of 72.48%, which shows a strong commitment to its mission, it struggles with board independence, having no independent members on its board. The financial statements reveal a concerning liabilities to assets ratio of 453.08%, which may suggest financial instability.

The organization has implemented several strong governance policies, including conflict of interest and whistleblower policies, which are fully compliant. Moreover, the presence of an audit and oversight committee and the absence of material diversion of assets highlight a commitment to transparency and ethical management. However, the absence of a posted tax form on the nonprofit's website detracts from its overall accountability score.

In summary, while Niagara University Ice Complex demonstrates a dedication to its programming and has established robust governance practices, its lack of independent board members and high liabilities raise questions about its financial sustainability. Addressing these issues would help improve its rating and overall perception among stakeholders.


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

Is Niagara University Ice Complex legitimate?

Niagara University Ice Complex is a legitimate nonprofit organization registered as a 501(c)(3) entity. Niagara University Ice Complex 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: $236,028

For more financial information, click here


Official website here: www.niagara.edu/icecomplex/

What is the mission statement of Niagara University Ice Complex?

The Niagara University Ice Complex serves as a community center, primarily focusing on ice skating activities. Its mission is to provide an ice facility and organize skating events, fostering a sense of community and promoting physical fitness and recreation. The complex operates as a hub for communal engagement, catering to the interest of skating enthusiasts.


Official website here: www.niagara.edu/icecomplex/

Who is the CEO of Niagara University Ice Complex?

Philip S Rhodes is the Facility Director of Niagara University Ice Complex.


Official website here: www.niagara.edu/icecomplex/

What is the revenue of Niagara University Ice Complex?

Niagara University Ice Complex's revenue in 2022 was $689,499.


Official website here: www.niagara.edu/icecomplex/

Who are the executives of Niagara University Ice Complex and what are their salaries?

The average compensation at Niagara University Ice Complex during 2022 was $10,729. There are 22 employees at Niagara University Ice Complex.


Here are 3 key members and their salaries:


Mary Borgognoni (Board Member)
  • Compensation: $0
  • Related: $216,903
  • Other: $1,315
Rev James Maher Cm (Board Member)
  • Compensation: $0
  • Related: $377,630
  • Other: $34,068
Philip S Rhodes (Facility Director)
  • Compensation: $61,618
  • Related: $0
  • Other: $10,932


Official website here: www.niagara.edu/icecomplex/

Where can I find the form 990 for Niagara University Ice Complex?

Niagara University Ice Complex's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.niagara.edu/icecomplex/

Learn more at the official website: www.niagara.edu/icecomplex/

Mission Statement of Niagara University Ice Complex

Niagara University Ice Complex serves as a community-focused hub, dedicated to facilitating ice skating activities. This recreational and physical fitness facility, located in Niagara University, NY, is committed to promoting communal engagement. Its primary mission is to provide and organize access to an ice facility, fostering a sense of camaraderie and enjoyable leisure time for the community.

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Impact




July, 2024

The Niagara University Ice Complex serves as a vital hub for community engagement and physical fitness in Niagara University, NY. It provides a space for individuals to participate in ice-related recreational activities, promoting health and wellness within the community. Additionally, the complex fosters a sense of communal engagement by offering opportunities for social interaction and shared experiences among participants. Through its activities and facilities, the Niagara University Ice Complex contributes to the overall improvement of the community, bringing people together and enhancing the quality of life in the region.




This information is meant to be a general summary of Niagara University Ice Complex. 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
$689,499 (2022)
Expenses
$743,319 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $670,273
  • Gross Receipts: $716,813

Assets and Liabilities:

  • Total Assets: $209,626
  • Total Liabilities: $827,549
  • Net Assets: -$617,923

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Programs

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

ICE RENTAL

Revenue

$643,273

ADVERTISING-COSPONSERS

Revenue

$15,000

LOCKER ROOM RENTAL

Revenue

$12,000

Organization Details

Founding Year

1996

Principal Officer

Philip S Rhodes

Main Address

PO BOX 2002 ALUMNI HALL, NIAGARA UNIVERSITY, NY, 14109

NTEE Category

Code: S50 - Community improvement

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