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Team Maryland Ice Hockey Organization Inc

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

EIN: 204638961 ✦ Rockville, MD ✦ Designated as a 501(c)(3)

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Overview

What is Team Maryland Ice Hockey Organization Inc?

Team Maryland Ice Hockey Organization Inc is a nonprofit based in Rockville, Maryland, dedicated to offering opportunities for children to engage in amateur ice hockey games and similar competitions. They achieve this by establishing and sponsoring teams that regularly participate in tournaments, conducting practice sessions to enhance skills and knowledge, and fostering a vibrant environment that encourages growth and advancement in the sport. The organization's mission is to provide a challenging yet enjoyable atmosphere for dedicated student athletes, all while maintaining a positive and family-oriented culture essential for success at higher levels in the sport.


Official website here: www.teammaryland.com

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 39% (Zero-Star out of Four Star rating)

Team Maryland Ice Hockey Organization Inc received a low rating of 39%, indicating significant concerns regarding its accountability and financial practices. The organization lacks independent board members and has not provided essential financial statements, which raises transparency issues. While the organization has documented board meeting minutes, it is missing several critical policies, including conflict of interest and whistleblower policies.

Despite these shortcomings, the organization allocates a high percentage of its expenses to programs, with 98.89% of its funds directed towards program-related activities. This suggests a commitment to its mission despite governance and financial reporting deficiencies. However, the absence of a robust oversight framework could hinder long-term sustainability and trust.

Overall, potential donors and stakeholders should consider these factors carefully. While the organization effectively channels most of its resources towards its programs, the lack of accountability measures and transparency may raise red flags for those looking to support non-profit initiatives.


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

Is Team Maryland Ice Hockey Organization Inc legitimate?

Team Maryland Ice Hockey Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Team Maryland Ice Hockey Organization 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.teammaryland.com

What is the mission statement of Team Maryland Ice Hockey Organization Inc?

Team Maryland Ice Hockey Organization Inc's mission is to offer a challenging yet enjoyable environment for dedicated young hockey players. This organization aims to foster a positive and family-oriented culture that encourages success and advancement to the highest levels of the game. To achieve this, they provide opportunities for children to participate in amateur ice hockey games and competitions, organize practice sessions to improve skills and knowledge, and actively support and promote teams participating in regular tournaments.


Official website here: www.teammaryland.com

Who is the CEO of Team Maryland Ice Hockey Organization Inc?

Michael R Weiss is the President And Board Member of Team Maryland Ice Hockey Organization Inc.


Official website here: www.teammaryland.com

What is the revenue of Team Maryland Ice Hockey Organization Inc?

Team Maryland Ice Hockey Organization Inc's revenue in 2022 was $1,081,901.


Official website here: www.teammaryland.com

Who are the executives of Team Maryland Ice Hockey Organization Inc and what are their salaries?

There 7 volunteers at Team Maryland Ice Hockey Organization Inc.


Here are 2 key members and their salaries:


Robert Weiss (President And Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Weiss (Executive Director)
  • Compensation: $33,000
  • Related: $0
  • Other: $0


Official website here: www.teammaryland.com

Where can I find the form 990 for Team Maryland Ice Hockey Organization Inc?

Team Maryland Ice Hockey Organization Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.teammaryland.com

Learn more at the official website: www.teammaryland.com

Mission Statement of Team Maryland Ice Hockey Organization Inc

Team Maryland Ice Hockey Organization Inc is dedicated to providing an engaging and challenging environment for young hockey players, catering to the most committed student-athletes. Their mission is to strike a balance between fostering a competitive spirit and maintaining a positive and enjoyable family culture, all with the ultimate goal of helping these athletes progress to the highest levels of the sport.

To achieve this, the organization offers various opportunities for children to participate in amateur ice hockey games and other forms of competition. They accomplish this by forming and sponsoring teams that regularly participate in tournaments. In addition, Team Maryland Ice Hockey Organization Inc conducts practice sessions to enhance skills and knowledge. They also actively work to organize, conduct, and promote games, fostering a vibrant and supportive atmosphere for the young athletes.

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Impact




October, 2024

Team Maryland Ice Hockey Organization Inc significantly impacts the community by offering young hockey players a dedicated and supportive environment that fosters both athletic skill and personal growth. By providing opportunities for children to participate in amateur ice hockey, the organization promotes teamwork, resilience, and discipline among its players.

Through regular practices, competitive tournaments, and skill-building sessions, Team Maryland enhances the hockey experience for dedicated young athletes while emphasizing a positive and fun family culture. This holistic approach not only aids in the athletic advancement of the players but also helps cultivate essential life skills that extend beyond the ice. The commitment to fostering an engaging and vigorous environment is vital for nurturing the next generation of hockey talent in Rockville, MD, and promoting youth development in sports.




This information is meant to be a general summary of Team Maryland Ice Hockey Organization 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
$1,081,901 (2022)
Expenses
$1,041,910 (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: $994,729
  • Gross Receipts: $1,081,901

Assets and Liabilities:

  • Total Assets: $135,246
  • Total Liabilities: $56,073
  • Net Assets: $79,173

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Programs

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

REGISTRATION FEES

Revenue

$905,591

TRY OUT INCOME

Revenue

$73,636

CLINIC INCOME

Revenue

$13,602

OTHER PROGRAM REVENUE

Revenue

$1,900

Organization Details

Founding Year

2005

Principal Officer

Michael R Weiss

Main Address

4800 TOPPING ROAD, ROCKVILLE, MD, 20852

NTEE Category

Code: O50 - Youth development

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