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Reading Youth Hockey Inc

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

EIN: 237175590 ✦ Reading, MA ✦ Designated as a 501(c)(3)

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Overview

What is Reading Youth Hockey Inc?

Reading Youth Hockey Inc is a nonprofit organization, located in Reading, Massachusetts, with a focus on providing a youth hockey program within the local community. Established at PO Box 459, their primary objective is to offer an engaging hockey experience for the young residents of the town. Although the information provided is limited, it suggests that this organization aims to contribute positively to the lives of local youth by fostering their passion for hockey.


Official website here: www.readingyouthhockey.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82%, Three-Star out of Four Stars

Reading Youth Hockey Inc has achieved a Three-Star rating from Charity Navigator, indicating a strong performance primarily in accountability and finance. The organization scored an impressive 100% for having an entirely independent board of directors, showcasing its commitment to transparency and effective governance. Additionally, it demonstrated responsible financial management with a high program expense ratio of 97.49%, which suggests that the majority of its funds are directed towards its programs and services.

While the nonprofit excels in various financial metrics and maintains a robust oversight structure, it does have some areas needing improvement. Specifically, it lacks established conflict of interest and whistleblower policies, which may raise concerns about governance practices. Although these omissions do not detract significantly from its overall performance, they are important for fostering a culture of accountability.

Overall, Reading Youth Hockey Inc shows commendable financial health and operational transparency, making it a reliable nonprofit for potential donors and community members. Addressing the noted governance policy gaps could further enhance its credibility and effectiveness in serving its mission.


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

Is Reading Youth Hockey Inc legitimate?

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

What is the mission statement of Reading Youth Hockey Inc?

Reading Youth Hockey Inc is committed to offering a youth hockey program. Their primary objective is to provide an engaging and enriching hockey experience for young participants. By doing so, they aim to foster a love for the sport and develop essential skills such as teamwork, discipline, and sportsmanship. The organization works towards creating a supportive and inclusive environment for all participants, encouraging growth both on and off the ice. Furthermore, Reading Youth Hockey Inc is dedicated to promoting the sport within the community and providing opportunities for local youth to participate in organized hockey activities.


Official website here: www.readingyouthhockey.org

Who is the CEO of Reading Youth Hockey Inc?

Sean Collins is the President of Reading Youth Hockey Inc.


Official website here: www.readingyouthhockey.org

What is the revenue of Reading Youth Hockey Inc?

Reading Youth Hockey Inc's revenue in 2022 was $500,569.


Official website here: www.readingyouthhockey.org

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

There 75 volunteers at Reading Youth Hockey Inc.


Here are 4 key members and their salaries:


Sean Collins (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Degel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Foley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Hansen (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.readingyouthhockey.org

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

Reading Youth Hockey Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.readingyouthhockey.org

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

Mission Statement of Reading Youth Hockey Inc

Reading Youth Hockey Inc, as its name suggests, is dedicated to providing a youth hockey program. This organization's mission is centered around facilitating this sport for the youth residing in the town of Reading, Massachusetts. By offering a youth hockey program, Reading Youth Hockey Inc aims to engage and inspire young individuals, fostering a sense of teamwork, sportsmanship, and physical fitness. The organization's mission is to create an inclusive and enjoyable environment where children can learn and grow through the love of hockey.

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Impact




July, 2024

Reading Youth Hockey Inc has a significant impact on the community of Reading, Massachusetts by providing a structured and engaging youth hockey program for local children. Through its activities, the organization promotes physical activity, teamwork, discipline, and sportsmanship among the youth in the town. Additionally, Reading Youth Hockey Inc contributes to the overall recreation options available to the residents of Reading, enriching the community and fostering a love for the sport of hockey among the younger generation.




This information is meant to be a general summary of Reading 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
$500,569 (2022)
Expenses
$487,108 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $12
  • Program Service Revenue: $478,499
  • Gross Receipts: $519,397

Assets and Liabilities:

  • Total Assets: $420,745
  • Total Liabilities: $209,646
  • Net Assets: $211,099

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$478,499

Organization Details

Founding Year

1971

Principal Officer

Sean Collins

Main Address

POBOX 459, READING, MA, 01867

NTEE Category

Code: N68Z - Recreation

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