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Whaler Nation Inc

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

EIN: 204751003 ✦ Chesapeake, VA ✦ Designated as a 501(c)(3)

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Overview

What is Whaler Nation Inc?

Whaler Nation Inc, located in Chesapeake, Virginia, is a nonprofit organization that specializes in providing management services for youth hockey programs. Their mission is centered around supporting and enhancing these programs, contributing to the overall development and engagement of young hockey players. The organization operates within Virginia and presumably provides its services to local communities, contributing to the growth and enjoyment of the sport among its youth.


Official website here: www.jrwhalers.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54% (One-Star out of Four Stars)

Whaler Nation Inc has received a One-Star rating from Charity Navigator, primarily due to significant deficiencies in accountability and finance metrics. The absence of independent board members and missing critical policies such as conflict of interest and whistleblower policies have substantially impacted its score. Although the organization has a good program expense ratio, indicating that most funds are directed towards its programs, the lack of transparency in financial statements raises concerns.

The organization's financial health appears stable with a liabilities to assets ratio of 15.90%, suggesting that it is not over-leveraged. However, the absence of independent oversight and critical governance policies may undermine donor confidence and the organization's overall effectiveness. The failure to post tax forms on its website further detracts from its accountability.

While Whaler Nation Inc demonstrates strong program expenditure, the overall rating reflects the need for improved governance and transparency. Potential donors may want to consider these factors when evaluating their support for the organization.


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

Is Whaler Nation Inc legitimate?

Whaler Nation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Whaler Nation 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.jrwhalers.com

What is the mission statement of Whaler Nation Inc?

Whaler Nation Inc's mission is centered around providing managerial services for youth hockey programs. Their primary objective is to support and oversee these programs, aiming to contribute positively to the development of young hockey players. They strive to ensure the programs run smoothly, focusing on the overall growth and enjoyment of the participating youth. While the specifics of their activities may vary, their mission remains consistent in providing essential managerial services for youth hockey programs.


Official website here: www.jrwhalers.com

Who is the CEO of Whaler Nation Inc?

Patrick Cavanagh is the President of Whaler Nation Inc.


Official website here: www.jrwhalers.com

What is the revenue of Whaler Nation Inc?

Whaler Nation Inc's revenue in 2022 was $973,690.


Official website here: www.jrwhalers.com

Who are the executives of Whaler Nation Inc and what are their salaries?


There is 1 key member and their salary:


Patrick Cavanagh (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jrwhalers.com

Where can I find the form 990 for Whaler Nation Inc?

Whaler Nation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.jrwhalers.com

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

Mission Statement of Whaler Nation Inc

Whaler Nation Inc, a nonprofit organization, is dedicated to offering managerial services for youth hockey programs. Their mission revolves around providing the necessary support and guidance to these programs, ensuring they run smoothly and effectively. By offering managerial services, Whaler Nation Inc aims to contribute positively to the development and growth of young hockey players, fostering a nurturing environment for their athletic and personal growth.

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Impact




October, 2024

Whaler Nation Inc. significantly impacts youth hockey programs by providing essential managerial services that enhance the organization and operation of these initiatives. Based in Chesapeake, VA, the organization focuses on streamlining administrative processes, allowing coaches and volunteers to dedicate more time to the development of young athletes. By doing so, Whaler Nation Inc. not only promotes the sport of hockey but also fosters teamwork, discipline, and physical fitness among participants. Their efforts help create a structured environment that nurtures talent and encourages young players to thrive in their athletic pursuits. Ultimately, Whaler Nation Inc. plays a vital role in cultivating a vibrant youth hockey culture, contributing to the overall health and growth of the sport in the community.




This information is meant to be a general summary of Whaler Nation 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
$973,690 (2022)
Expenses
$976,833 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $52
  • Program Service Revenue: $973,031
  • Gross Receipts: $973,690

Assets and Liabilities:

  • Total Assets: $474,409
  • Total Liabilities: $8,577
  • Net Assets: $465,832

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Programs

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

MEMBERSHIP DUES

Revenue

$942,338

TRY-OUT FEES

Revenue

$16,171

TICKET SALES

Revenue

$10,117

SUMMER TRAINING FEES

Revenue

$4,405

Organization Details

Principal Officer

Patrick Cavanagh

Main Address

1416 STEPHANIE WAY, CHESAPEAKE, VA, 23320

NTEE Category

Code: N71 - Recreation

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