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Hunterdon Hoosiers Inc

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

EIN: 223229132 ✦ Clinton, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Hunterdon Hoosiers Inc?

Hunterdon Hoosiers Inc, based in Clinton, New Jersey, is a nonprofit organization primarily focused on youth basketball. They are affiliated with the Amateur Athletic Union (AAU) and oversee various teams, providing them with opportunities to engage in AAU activities. The organization's main objective is to enhance the athletic abilities of individual players and teams through a multi-faceted approach. This involves utilizing various teaching methods, such as team practices, skills sessions, agility training, and locally-organized tournaments. With a small team of two individuals, Hunterdon Hoosiers Inc aims to foster the growth and development of young basketball players.


Official website here: www.hunterdonhoops.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement - Overall Score: 62%, earning a Two-Star out of Four Star rating.

Hunterdon Hoosiers Inc has received a rating that indicates it needs improvement, with a particular focus on its governance and financial practices. The organization scored 62% overall, which suggests that while it excels in certain areas, there are significant weaknesses in its board independence and financial transparency. Notably, the organization has 0% independent members on its board, which raises concerns about accountability and oversight.

The nonprofit demonstrates strengths in its program expense ratio, which stands at an impressive 96.78%, indicating that most of its funds are allocated directly to programs rather than administrative costs. Additionally, it has policies in place for conflict of interest and whistleblowing, which are positive indicators of governance. However, the absence of independent board members and missing financial statements limit its overall accountability score, which also stood at 62.

While Hunterdon Hoosiers Inc has a strong commitment to program expenditures and certain governance policies, it needs to enhance its financial transparency and board independence. The lack of essential documents, such as its tax form and retention policies, further stresses the requirement for improvement in its operational integrity.


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

Is Hunterdon Hoosiers Inc legitimate?

Hunterdon Hoosiers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hunterdon Hoosiers 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: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.hunterdonhoops.com

What is the mission statement of Hunterdon Hoosiers Inc?

Hunterdon Hoosiers Inc's mission is centered around enhancing athletic abilities for individual players and organized teams. They achieve this through a comprehensive approach, which includes team practices, skills sessions, agility training, and participation in locally-organized tournaments. These teaching methods aim to provide players with ample opportunities for learning and development. The organization is also involved in the administration of various youth teams, enabling them to partake in Amateur Athletic Union (AAU) basketball activities.


Official website here: www.hunterdonhoops.com

Who is the CEO of Hunterdon Hoosiers Inc?

Katherine Terhune is the President of Hunterdon Hoosiers Inc.


Official website here: www.hunterdonhoops.com

What is the revenue of Hunterdon Hoosiers Inc?

Hunterdon Hoosiers Inc's revenue in 2022 was $511,889.


Official website here: www.hunterdonhoops.com

Who are the executives of Hunterdon Hoosiers Inc and what are their salaries?

The average compensation at Hunterdon Hoosiers Inc during 2022 was $45,000. There are 2 employees at Hunterdon Hoosiers Inc.


Here are 2 key members and their salaries:


Katherine Terhune (President)
  • Compensation: $45,000
  • Related: $0
  • Other: $0
Megan Haughey (Vice President)
  • Compensation: $45,000
  • Related: $0
  • Other: $0


Official website here: www.hunterdonhoops.com

Where can I find the form 990 for Hunterdon Hoosiers Inc?

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


Official website here: www.hunterdonhoops.com

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

Mission Statement of Hunterdon Hoosiers Inc

Hunterdon Hoosiers Inc is committed to enhancing the athletic abilities of individual players and organized teams. They achieve this goal through a comprehensive approach that involves various teaching methods. These methods include team practices, skills sessions, agility training, and participation in locally-run tournaments. By providing these opportunities, Hunterdon Hoosiers Inc empowers its players to improve their performance at an individual level and as part of a team. Their mission is to offer a holistic approach to basketball development, ensuring that each player reaches their full potential. The organization also manages and administers youth teams to participate in Amateur Athletic Union (AAU) activities.

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Impact




July, 2024

Hunterdon Hoosiers Inc has a significant impact on the athletic development of individual players and organized teams in Clinton, NJ. By offering a multi-step approach to increase athletic performance, including team practices, skills sessions, agility training, and participation in locally-run tournaments, Hunterdon Hoosiers provides valuable opportunities for players to enhance their skills and compete in AAU basketball activities. This organization plays a vital role in the recreational and competitive sports scene, supporting the growth and development of young athletes in the community.




This information is meant to be a general summary of Hunterdon Hoosiers 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
$511,889 (2022)
Expenses
$514,326 (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: $511,889
  • Gross Receipts: $511,889

Assets and Liabilities:

  • Total Assets: $69,622
  • Total Liabilities: $0
  • Net Assets: $69,622

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Programs

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

AAU Teams

Revenue

$422,561

Camps & clinics

Revenue

$89,328

Tournaments

Organization Details

Founding Year

1988

Principal Officer

Katherine Terhune

Main Address

c/o 6 State Route 173 200, Clinton, NJ, 08809

NTEE Category

Code: N63Z - Recreation

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