Overview
What is Mankato Area Hockey Association?
The Mankato Area Hockey Association is a nonprofit organization situated in Mankato, Minnesota. It offers a platform for local youth hockey players to enhance and showcase their skills through competitive league and tournament games. The organization emphasizes the importance of good sportsmanship, a positive attitude, team participation, loyalty, respect, and responsibility. Serving youth aged 5 to 15, this association had approximately 500 member families this past year. Its primary mission is to encourage, promote, and improve the Mankato area ice hockey recreation program, organize ice hockey tournaments, and select representative teams for tournaments. Additionally, the association associates with other ice hockey associations and engages in various activities to further its purpose, including buying, selling, leasing, and dealing in property.
Official website here: www.mankatohockey.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
The Mankato Area Hockey Association has earned an 84% rating from Charity Navigator, reflecting a solid level of accountability and finance management. This rating is derived entirely from its accountability and finance score, indicating a strong performance in financial transparency and governance. Notably, the organization boasts a fully independent board with 100% independent members, which enhances its credibility and oversight.
Strengths include a high program expense ratio of 97.69%, demonstrating that a significant portion of expenses is directed toward its programs. The organization has also passed audits regarding its financial statements and has no material diversions of assets, further underscoring its sound financial practices. However, it lacks a conflict of interest policy and a whistleblower policy, which are noted as areas for improvement.
While the association's fiscal responsibility is commendable, its absence of certain governance policies could raise concerns among potential donors regarding ethical standards and accountability. Overall, the Mankato Area Hockey Association appears to be a responsible nonprofit with a focus on serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Mankato Area Hockey Association legitimate?
Mankato Area Hockey Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mankato Area Hockey Association 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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Official website here: www.mankatohockey.com
What is the mission statement of Mankato Area Hockey Association?
The Mankato Area Hockey Association's primary mission is centered around fostering, promoting, and enhancing the local ice hockey recreation program. They organize ice hockey tournaments and select representative teams for participation in these events. The association aims to collaborate with other ice hockey associations, engaging in any actions that contribute to the advancement of amateur hockey. Additionally, they have the authority to purchase, sell, lease, and deal with various types of property to augment the interest in amateur hockey.
Official website here: www.mankatohockey.com
Who is the CEO of Mankato Area Hockey Association?
Kelli Bohm is the President of Mankato Area Hockey Association.
Official website here: www.mankatohockey.com
What is the revenue of Mankato Area Hockey Association?
Mankato Area Hockey Association's revenue in 2023 was $707,712.
Official website here: www.mankatohockey.com
Who are the executives of Mankato Area Hockey Association and what are their salaries?
There are 14 employees at Mankato Area Hockey Association.
Here are 20 key members and their salaries:
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Official website here: www.mankatohockey.com
Where can I find the form 990 for Mankato Area Hockey Association?
Mankato Area Hockey Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mankatohockey.com
Learn more at the official website: www.mankatohockey.com
Mission Statement of Mankato Area Hockey Association
The Mankato Area Hockey Association, as an organization, is committed to fostering, promoting, and enhancing the local ice hockey recreation program in the area. Their primary mission involves conducting ice hockey tournaments and selecting representative teams to participate in these events. The association aims to collaborate with other ice hockey associations, engaging in various activities that further advance their primary purpose. In addition, the Mankato Area Hockey Association has the authority to purchase, sell, lease, and manage various types of property to stimulate interest in amateur hockey. Their objectives encompass any actions that may be beneficial or desirable in the pursuit of their primary goals.
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Impact
July, 2024
The Mankato Area Hockey Association's impact can be seen in the positive development it provides for youth hockey players in the Mankato area. By offering opportunities for players to learn and enhance their skills through competitive league and tournament play, the organization instills values of good sportsmanship, positive attitudes, team participation, loyalty, respect, and responsibility. Serving youth ages 5 to 15, the association engages approximately 500 families each year, fostering a strong sense of community and camaraderie among participants. Additionally, by promoting and improving the ice hockey recreation program in Mankato, organizing tournaments, and facilitating team participation in various events, the association plays a vital role in advancing the sport and creating further interest in amateur hockey in the region.
This information is meant to be a general summary of Mankato Area Hockey Association. 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: $4,863
- Program Service Revenue: $328,586
- Gross Receipts: $6,380,006
Assets and Liabilities:
- Total Assets: $753,506
- Total Liabilities: $12,271
- Net Assets: $741,235
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$281,489
TOURNAMENT FEES
Revenue
$47,097
Organization Details
Founding Year
1973
Phone
(507) 351-4265Principal Officer
Kelli Bohm
Main Address
PO BOX 331, MANKATO, MN, 56002
Website
www.mankatohockey.comNTEE Category
Code: N680 - Recreation
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