Overview
What is Mahwah Ice Hockey Association Inc?
Mahwah Ice Hockey Association Inc is a nonprofit organization situated in Mahwah, New Jersey. Their primary mission is to teach ice hockey skills to local youth through sponsored programs, fostering teamwork and community service. The revenue generated from these programs enables Mahwah youth, ranging from Mite to high school age, to hone their ice hockey abilities. The association's efforts have sparked a sense of community spirit, leading to additional revenue from events such as dinner dances and carnivals. This additional income allows children from needy families to participate in ice hockey games and contributes to supporting the Mahwah D.A.R.E. and various local volunteer organizations, positively influencing the youth in Mahwah, New Jersey.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Stars
The Mahwah Ice Hockey Association Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance. With an overall score of 80%, this rating reflects strong performance in maintaining transparency and effective management of resources. The rating is based entirely on the Accountability & Finance aspect, demonstrating the organization’s commitment to responsible financial practices.
The organization excels in several areas, including having a fully independent board with 100% of its members not affiliated with the organization. This is complemented by a comprehensive conflict of interest policy and well-documented board meeting minutes, showcasing a high level of governance. Additionally, the program expense ratio of 77.03% indicates that a significant portion of expenses is directed toward programmatic activities, which is a positive sign for potential donors.
While the organization has performed well in various metrics, the rating primarily focuses on financial accountability, which may limit insights into other operational areas such as program effectiveness or community impact. However, the absence of material asset diversion and a favorable liabilities to assets ratio of 42.41% further reinforce the financial stability of the Mahwah Ice Hockey Association Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Mahwah Ice Hockey Association Inc legitimate?
Mahwah Ice Hockey Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mahwah Ice Hockey Association 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.
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What is the mission statement of Mahwah Ice Hockey Association Inc?
The Mahwah Ice Hockey Association Inc's mission revolves around raising funds primarily through youth ice hockey sponsorships. This revenue is utilized to facilitate the learning and development of ice hockey skills, teamwork, and community service among children ranging from Mite to high school age. The association's activities have garnered a strong community spirit, resulting in additional revenue from events like dinner dances and carnivals. These funds enable children from economically disadvantaged families to participate in ice hockey games and support initiatives like the Mahwah D.A.R.E. and various local volunteer organizations. These organizations contribute positively to the youth in the community, thereby providing both direct and indirect influences.
Who is the CEO of Mahwah Ice Hockey Association Inc?
Larry Turco is the Trustee of Mahwah Ice Hockey Association Inc.
What is the revenue of Mahwah Ice Hockey Association Inc?
Mahwah Ice Hockey Association Inc's revenue in 2021 was $59,548.
Who are the executives of Mahwah Ice Hockey Association Inc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Mahwah Ice Hockey Association Inc?
Mahwah Ice Hockey Association Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Mahwah Ice Hockey Association Inc
Mahwah Ice Hockey Association Inc's mission centers around generating revenue primarily from sponsorships for their youth ice hockey program. This initiative is tailored towards the development and instruction of young athletes in Mahwah, ranging from Mite to high school age. The income earned enables these students to hone their ice hockey skills, foster team cooperation, and engage in community service.
The support for the ice hockey team has sparked a sense of community spirit, resulting in additional revenue through events such as dinner dances and carnivals. This additional income has been instrumental in providing opportunities for children from financially disadvantaged families to participate in ice hockey games. Furthermore, the funds raised have been utilized to support Mahwah D.A.R.E. and various local chapters of volunteer organizations, offering direct and indirect positive influences on the youth in Mahwah.
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Impact
August, 2024
The Mahwah Ice Hockey Association Inc's impact can be seen in the positive influence it has had on the youth in Mahwah, New Jersey. Through the sponsorship of the youth ice hockey program, the association has provided a platform for students from Mite to high school age to learn and develop ice hockey skills, teamwork, and community service. Additionally, the community spirit generated from supporting the ice hockey team has led to the organization of fundraising events like dinner dances and carnivals. These events have not only allowed children from needy families to participate in the ice hockey games but also provided funds to support the Mahwah D.A.R.E. program and various local chapters of volunteer organizations. Overall, the Mahwah Ice Hockey Association Inc's efforts have had direct and indirect positive influences on the youth in Mahwah, fostering a sense of community involvement and personal development.
This information is meant to be a general summary of Mahwah Ice Hockey Association 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 2021.
- Program Service Revenue: $44,330
- Gross Receipts: $75,604
Assets and Liabilities:
- Total Assets: $26,173
- Total Liabilities: $11,100
- Net Assets: $15,073
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHP DUES
Revenue
$44,330
Organization Details
Founding Year
1998
Phone
(201) 967-5060Principal Officer
Larry Turco
Main Address
PMB BOX 263, MAHWAH, NJ, 07430
NTEE Category
Code: N68 - Recreation
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