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Thunder Youth Hockey Inc

Lehigh Valley Phantoms Youth Hockey

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

EIN: 223448142 ✦ Bethlehem, PA ✦ Designated as a 501(c)(3)

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Overview

What is Thunder Youth Hockey Inc?

Thunder Youth Hockey Inc, located in Bethlehem, Pennsylvania, is a nonprofit organization dedicated to fostering youth ice hockey. Their primary mission is to promote and encourage the sport, offering pleasure, exercise, and recreation to the young participants. One of their notable initiatives is an annual kick-off mini-tournament open to the public, with all funds raised going towards college and tuition awards for both younger and older children. Moreover, they extend support to less fortunate youths by providing them with free hockey tuition on an annual basis. Through their efforts, numerous seniors have been able to pursue higher education and even professional levels in the sport.


Official website here: www.phantomsyouth.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 33% (Zero-Star out of Four Star rating)

Thunder Youth Hockey Inc has received a low rating of 33%, indicating significant areas of concern regarding its accountability and financial practices. The organization has demonstrated some strengths, such as having a fully independent board and maintaining documentation for board meeting minutes. Additionally, the charity has not faced any material diversion of assets, which reflects positively on its governance.

However, the charity's financial transparency is a major drawback, as it has not provided any financial statements, resulting in a zero score in that category. Furthermore, the absence of critical policies, including those related to conflict of interest, whistleblower protections, and document retention, raises questions about its operational integrity. The organization also reported a 0.00% program expense ratio, suggesting no funds were allocated toward its charitable programs, which is a troubling indicator of its effectiveness and commitment to its mission.

Overall, while Thunder Youth Hockey Inc has some structural strengths, its financial accountability and lack of policy frameworks present significant challenges that potential donors and stakeholders should consider.


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

Is Thunder Youth Hockey Inc legitimate?

Thunder Youth Hockey Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thunder Youth Hockey 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.phantomsyouth.org

What is the mission statement of Thunder Youth Hockey Inc?

Thunder Youth Hockey Inc's mission is centered around promoting and encouraging youth ice hockey. Their primary objective is to provide a platform for youth participation in the sport, offering pleasure, exercise, and recreation. The organization's mission extends beyond just promoting the sport; it aims to enhance the overall youth hockey experience in an unspecified area.

To achieve this, Thunder Youth Hockey Inc has initiated an annual kick-off mini tournament open to the public. The proceeds from this event are utilized to grant college awards and tuition assistance to both younger and older participants. The club also demonstrates its commitment to inclusivity by providing free tuition to less fortunate youths on a yearly basis.

Furthermore, Thunder Youth Hockey Inc has a track record of supporting its seniors, helping many of them secure placements in colleges and even progress to professional levels.


Official website here: www.phantomsyouth.org

What is the revenue of Thunder Youth Hockey Inc?

Thunder Youth Hockey Inc's revenue in 2024 was $1,012,024.


Official website here: www.phantomsyouth.org

Who are the executives of Thunder Youth Hockey Inc and what are their salaries?

Here are 8 key members and their salaries:


Angela Krem (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Sargent (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Wolfel (Vice President Of Administ)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Musella (Vice President Of Hockey O)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keri-Ann Divers (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Bess (Vice President Of External)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Bishop (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Krem (Vice President Of Girls Ho)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.phantomsyouth.org

Where can I find the form 990 for Thunder Youth Hockey Inc?

Thunder Youth Hockey Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.phantomsyouth.org

Learn more at the official website: www.phantomsyouth.org

Mission Statement of Thunder Youth Hockey Inc

Thunder Youth Hockey Inc, a nonprofit organization, is committed to promoting and encouraging youth ice hockey. Its primary mission is to enhance the youth ice hockey experience in the broader Lehigh Valley area. The organization strives to provide a platform for pleasure, exercise, and recreation for the young participants involved in its activities. By doing so, Thunder Youth Hockey Inc aims to positively impact the lives of the youth it serves.

To achieve its mission, Thunder Youth Hockey Inc implements various initiatives. One such initiative is an annual kick-off mini tournament, which is open to the public. The proceeds from this event are used to award scholarships and tuition assistance to both younger and older children. Additionally, the club extends its support to less fortunate youth by providing them with free tuition year after year. Furthermore, Thunder Youth Hockey Inc has a track record of sending its senior members to colleges and professional leagues, thereby offering them opportunities for further growth and development.

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Impact




October, 2024

Thunder Youth Hockey Inc. significantly enhances the youth ice hockey experience in the Lehigh Valley area by promoting participation, fostering skills, and providing access to the sport. The organization encourages young athletes not only to develop their abilities on the ice but also to enjoy the physical activity and camaraderie that comes with team sports.

One of its impactful initiatives includes an annual kickoff mini-tournament that opens its doors to the public, generating funds that are awarded in the form of college and tuition scholarships to help players pursue higher education. This commitment to education extends to providing free tuition for less fortunate youth players, ensuring that financial barriers do not hinder participation in the sport.

The organization has a strong track record of success, with many senior players advancing to collegiate and professional levels, reinforcing its mission to inspire and cultivate the next generation of hockey players. By fostering a supportive community and promoting recreational activities, Thunder Youth Hockey Inc. plays a vital role in shaping the lives of young athletes and enriching the overall culture of ice hockey in the region.




This information is meant to be a general summary of Thunder Youth Hockey 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
$1,012,024 (2024)
Expenses
$1,041,257 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $5
  • Program Service Revenue: $1,012,024
  • Gross Receipts: $1,012,024

Assets and Liabilities:

  • Total Assets: $252,784
  • Total Liabilities: $23,468
  • Net Assets: $229,316

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Programs

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

YOUTH HOCKEY

Revenue

$1,005,270

Organization Details

Founding Year

1996

Principal Officer

Jennifer Bishop

NTEE Category

Code: N60 - Recreation

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