Overview
What is District 5 Maha Inc?
District 5 Maha Inc, located in Otsego, Minnesota, is a nonprofit organization dedicated to administering youth hockey programs in central Minnesota. Their mission is to encourage and promote the sport of amateur hockey, scheduling travel teams and tournaments. During the 2022/2023 season, they participated in joint leagues with District 10 at various levels, registered 249 teams, and held end-of-season district tournaments for all levels. They also hosted championship Sunday, featuring all district championship games in one location, and organized two regional tournaments for Minnesota Hockey. Their activities aim to engage and foster the love for hockey among youth in central Minnesota.
Official website here: www.district5.pucksystems2.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
District 5 Maha Inc has achieved a 76% rating from Charity Navigator, reflecting a solid performance in its accountability and financial practices. The organization scores particularly well for having a fully independent board, with 100% of its members meeting this criterion. Additionally, it reports no material diversion of assets and boasts an impressive program expense ratio of 98.32%, indicating that nearly all of its funds are directed toward its programs.
However, there are notable limitations in its governance practices, including the absence of a conflict of interest policy, whistleblower policy, and document retention policy. These missing elements negatively impact its overall score, particularly within accountability measures. Furthermore, the nonprofit does not have its tax forms posted on its website, which could enhance transparency for stakeholders and potential donors.
While District 5 Maha Inc demonstrates strong financial health and leadership independence, addressing its governance shortcomings would significantly improve its overall accountability score and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is District 5 Maha Inc legitimate?
District 5 Maha Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. District 5 Maha 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.district5.pucksystems2.com/
What is the mission statement of District 5 Maha Inc?
District 5 Maha Inc, as an organization, is dedicated to fostering and advocating for the sport of amateur hockey. Their activities encompass scheduling travel teams and tournaments to engage and grow the interest in the sport. During the 2022/2023 season, they achieved notable accomplishments such as participating in joint leagues with District 10 at various levels, registering over 240 teams, and hosting district tournaments for all levels. They also organized "Championship Sunday," featuring all district championship games in one location, and hosted two regional tournaments for Minnesota Hockey.
Official website here: www.district5.pucksystems2.com/
Who is the CEO of District 5 Maha Inc?
Nate Wold is the Director of District 5 Maha Inc.
Official website here: www.district5.pucksystems2.com/
What is the revenue of District 5 Maha Inc?
District 5 Maha Inc's revenue in 2023 was $467,883.
Official website here: www.district5.pucksystems2.com/
Who are the executives of District 5 Maha Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
Official website here: www.district5.pucksystems2.com/
Where can I find the form 990 for District 5 Maha Inc?
District 5 Maha Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.district5.pucksystems2.com/
Learn more at the official website: www.district5.pucksystems2.com/
Mission Statement of District 5 Maha Inc
District 5 Maha Inc, an organization dedicated to the sport of amateur hockey, strives to encourage and promote this pastime. They engage in various activities, with a significant focus on scheduling travel teams and tournaments. The mission of this nonprofit is to foster a vibrant amateur hockey community and provide opportunities for teams to compete at different levels. By organizing joint leagues with District 10, registering numerous teams, and hosting end-of-season tournaments, District 5 Maha Inc plays a crucial role in fostering a sense of camaraderie and competition among amateur hockey players. They also host regional tournaments, showcasing the talent and dedication of Minnesota Hockey's representatives.
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Impact
July, 2024
District 5 Maha Inc has a significant impact on the amateur hockey community in Central Minnesota. By administering youth hockey programs and organizing various leagues, tournaments, and championships, District 5 Maha Inc plays a crucial role in fostering the growth and development of young hockey players. In the 2022/2023 season alone, the organization registered 249 teams and facilitated joint leagues with other districts at different levels. By providing opportunities for competition, skill development, and camaraderie, District 5 Maha Inc is actively contributing to the youth development in the region through the sport of hockey.
This information is meant to be a general summary of District 5 Maha 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 2023.
- Investment Income: $52
- Program Service Revenue: $457,831
- Gross Receipts: $467,883
Assets and Liabilities:
- Total Assets: $81,601
- Total Liabilities: $0
- Net Assets: $81,601
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OFFICIATING
Revenue
$278,501
HIGH PERFORMANCE PROGRAM
Revenue
$85,980
PLAYOFFS
Revenue
$76,994
MEMBERSHIP
Revenue
$14,170
FINES
Revenue
$1,150
Organization Details
Phone
(763) 228-6445Principal Officer
Nate Wold
Main Address
14667 72ND ST NE, OTSEGO, MN, 55330
NTEE Category
Code: O50 - Youth development
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