Overview
What is Wissahickon Skating Club?
The Wissahickon Skating Club is a charitable and educational nonprofit organization, situated in Chestnut Hill, Pennsylvania. Established with a mission to promote amateur sports, it operates an ice skating rink in the area. Their programs encompass figure skating, hockey, and recreational skating, while also renting equipment and selling supplies related to these activities. The club's purpose extends beyond its members, aiming to foster national and international competition in various forms of figure skating and ice hockey. They also support the development of amateur athletes, with the potential to compete on a national or international level in figure skating and ice hockey. The club employs a team of 25 individuals to carry out its mission.
Official website here: www.wissskating.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Wissahickon Skating Club has achieved a high rating of 96%, indicating strong performance in accountability and finance. This score reflects a robust commitment to transparency and responsible financial management. The organization demonstrates excellent governance practices, with a fully independent board and comprehensive oversight mechanisms in place.
The club's financial health is further underscored by a low liabilities to assets ratio of 10.27%, which signals stability. Additionally, a program expense ratio of 80.39% shows that a significant majority of its resources are dedicated to its programs rather than administrative costs, highlighting its effectiveness in fulfilling its mission.
While the data is overwhelmingly positive, it is important for potential supporters and participants to remain engaged with the organization and stay informed about its ongoing initiatives and community impact. Overall, Wissahickon Skating Club exemplifies strong nonprofit practices, making it a trustworthy option for those interested in supporting skating programs.
This AI summary has been generated from information found on Charity Navigator.
Is Wissahickon Skating Club legitimate?
Wissahickon Skating Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wissahickon Skating Club 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: $505,054
For more financial information, click here
Official website here: www.wissskating.com
What is the mission statement of Wissahickon Skating Club?
The Wissahickon Skating Club, a non-profit organization, was established for charitable and educational purposes. Its primary objective is to promote amateur sports and competition, specifically in figure skating and ice hockey. The club supports and encourages local and international competitions for developing athletes in these disciplines, aiming to foster their growth towards national or international levels. The club's activities are not limited to these sports and also aim to contribute to the broader community.
Official website here: www.wissskating.com
Who is the CEO of Wissahickon Skating Club?
Kevin R Hamel is the President of Wissahickon Skating Club.
Official website here: www.wissskating.com
What is the revenue of Wissahickon Skating Club?
Wissahickon Skating Club's revenue in 2022 was $1,850,289.
Official website here: www.wissskating.com
Who are the executives of Wissahickon Skating Club and what are their salaries?
The average compensation at Wissahickon Skating Club during 2022 was $20,202. There are 25 employees and 75 volunteers at Wissahickon Skating Club.
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Official website here: www.wissskating.com
Where can I find the form 990 for Wissahickon Skating Club?
Wissahickon Skating Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wissskating.com
Learn more at the official website: www.wissskating.com
Mission Statement of Wissahickon Skating Club
The Wissahickon Skating Club, a nonprofit organization, was established with a charitable and educational mission. Its primary objective is to promote amateur sports and competition, specifically in the realms of figure skating and ice hockey. The club supports and encourages the development of emerging athletes, nurturing their talents for potential participation in national or international competitions. By fostering this amateur competition, the Wissahickon Skating Club aims to contribute to the growth and development of its members and the surrounding communities.
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Impact
October, 2024
Wissahickon Skating Club significantly enhances the local community by promoting amateur sports and fostering a love for figure skating and ice hockey. By operating a dedicated ice skating rink in Chestnut Hill, PA, the club provides essential resources and opportunities for both recreational skaters and aspiring athletes.
The club's programs are designed to support the development of skills in figure skating and hockey, enabling participants to engage in healthy, competitive activities. Through training and mentorship, the club nurtures amateur athletes, helping them to aspire to national and even international competition. Additionally, the club enhances community engagement by hosting events and competitions that bring together diverse groups of spectators and participants.
Furthermore, the availability of equipment rental and the sale of supplies removes barriers for those interested in skating, making the sport accessible to a wider audience. Overall, the Wissahickon Skating Club plays a vital role in fostering physical fitness, discipline, and camaraderie among community members, thereby enriching the quality of life in the Chestnut Hill area.
This information is meant to be a general summary of Wissahickon Skating Club. 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: $2,128
- Program Service Revenue: $1,606,583
- Gross Receipts: $1,915,273
Assets and Liabilities:
- Total Assets: $3,982,053
- Total Liabilities: $479,572
- Net Assets: $3,502,481
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$888,533
SKATING PROGRAMS AND C
Revenue
$538,699
RINK RENTAL
Revenue
$179,351
Organization Details
Founding Year
1954
Phone
(215) 247-1759Principal Officer
Kevin R Hamel
Main Address
550 W WILLOW GROVE AVENUE, CHESTNUT HILL, PA, 19118
Website
www.wissskating.comNTEE Category
Code: N68 - Recreation
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