Overview
What is Reading Ice Arena Authority Inc?
Reading Ice Arena Authority Inc, a nonprofit organization based in Reading, Massachusetts, was established with the primary objective of managing the Burbank Ice Arena. Their mission is multifaceted, involving the promotion of youth development through local, national, and international amateur sports competitions in hockey and figure skating. They also engage in educational and other related activities associated with amateur athletics and public skating. With a team of 15 dedicated individuals, this organization aims to provide a platform for young athletes to showcase their skills and talents, fostering personal growth and community engagement.
Official website here: www.burbankicearena.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
The Reading Ice Arena Authority Inc. has earned a Three-Star rating from Charity Navigator, reflecting a solid overall score primarily based on Accountability & Finance. The charity demonstrates strong governance with a fully independent board and a robust financial oversight structure, which contributes positively to its rating. The organization has effectively managed its assets with no reported diversions, indicating a responsible handling of resources.
However, the organization has some gaps in its policies, notably the absence of a conflict of interest policy and a whistleblower policy. These missing elements could raise concerns about transparency and ethical governance practices. Despite this, the organization shows a commendable commitment to its mission through a high program expense ratio, indicating that a significant majority of its funds are allocated to its programs.
Overall, while Reading Ice Arena Authority Inc. showcases strengths in governance and financial management, addressing the noted policy deficiencies could enhance its accountability and public trust further.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Reading Ice Arena Authority Inc?
80% of reviewers on Facebook recommend Reading Ice Arena Authority Inc. Here is a summary of their reviews:
Visitors appreciate the ample public skate opportunities available, emphasizing the importance of accessible skating times for families and individuals. Many have noted the friendly demeanor of the staff, which significantly enhances the overall experience at the arena.
The facility has also received praise for its cleanliness and beautiful environment, contributing to a welcoming atmosphere for skaters of all ages. Overall, it seems that the Reading Ice Arena Authority delivers a positive and enjoyable skating experience for its patrons.
This AI summary has been generated from reviews found on Facebook.
Is Reading Ice Arena Authority Inc legitimate?
Reading Ice Arena Authority Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reading Ice Arena Authority 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: $216,345
Professional Fundraising Fees: $0
Other Salaries and Wages: $141,858
For more financial information, click here
Official website here: www.burbankicearena.com
What is the mission statement of Reading Ice Arena Authority Inc?
Reading Ice Arena Authority Inc's mission is centered around fostering youth development through amateur sports competitions in hockey and figure skating, both locally and on a larger scale. They engage in educational and other related activities related to amateur athletics and public skating, aiming to promote the growth and development of young athletes. The organization operates with the goal of providing a platform for these sports, thereby contributing to the overall development of the participating individuals.
Official website here: www.burbankicearena.com
Who is the CEO of Reading Ice Arena Authority Inc?
David Hunter is the President of Reading Ice Arena Authority Inc.
Official website here: www.burbankicearena.com
What is the revenue of Reading Ice Arena Authority Inc?
Reading Ice Arena Authority Inc's revenue in 2022 was $892,409.
Official website here: www.burbankicearena.com
Who are the executives of Reading Ice Arena Authority Inc and what are their salaries?
The average compensation at Reading Ice Arena Authority Inc during 2022 was $23,880. There are 15 employees at Reading Ice Arena Authority Inc.
Here are 8 key members and their salaries:
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- Compensation: $177,056
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- Other: $32,475
Official website here: www.burbankicearena.com
Where can I find the form 990 for Reading Ice Arena Authority Inc?
Reading Ice Arena Authority Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.burbankicearena.com
Learn more at the official website: www.burbankicearena.com
Mission Statement of Reading Ice Arena Authority Inc
Reading Ice Arena Authority Inc, a non-profit organization, is dedicated to operating an ice arena and promoting youth development through local, national, and international amateur sports competitions in hockey and figure skating. Additionally, the organization engages in educational and related activities pertaining to amateur athletics and public skating. In essence, Reading Ice Arena Authority Inc strives to provide a platform for young athletes to showcase their skills and grow, while also offering opportunities for public skating and related educational ventures.
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Impact
October, 2024
Reading Ice Arena Authority Inc plays a vital role in the community by operating the Burbank Ice Arena, which serves as a hub for recreational activities, including hockey and figure skating. By fostering youth development through participation in local, national, and international amateur sports competitions, it helps young athletes build skills, confidence, and teamwork. The arena also engages the community by offering educational programs and activities related to amateur athletics and public skating, promoting a healthy and active lifestyle. Overall, the organization contributes significantly to the social and physical well-being of the community, enriching the lives of its residents through sports and recreation.
This information is meant to be a general summary of Reading Ice Arena Authority 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $10,704
- Program Service Revenue: $853,609
- Gross Receipts: $964,635
Assets and Liabilities:
- Total Assets: $696,980
- Total Liabilities: $85,326
- Net Assets: $611,654
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ICE USE AND RELATED
Revenue
$853,609
Organization Details
Founding Year
1992
Phone
(781) 942-2271Principal Officer
David Hunter
Main Address
51 SYMONDS WAY, READING, MA, 01867
Website
www.burbankicearena.comNTEE Category
Code: N32Z - Recreation
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