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Pal Pride In Athletics For Life Corp

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

EIN: 264540740 ✦ Hauppauge, NY ✦ Designated as a 501(c)(3)

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Overview

What is Pal Pride In Athletics For Life Corp?

Pal Pride In Athletics For Life Corp is a nonprofit organization situated in Hauppauge, New York. Its primary mission is to provide an affordable and educational ice hockey experience for children who have a passion for the sport. The organization aims to develop and educate these young players, encouraging them to pursue college-level competition and secure scholarships where possible. By sponsoring hockey leagues, Pal Pride In Athletics For Life Corp fosters a supportive environment that nurtures the talents of its members, contributing to their personal growth and potential success in higher education.


Official website here: www.palicehockey.com

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 54%, One-Star out of Four Star rating.

Pal Pride In Athletics For Life Corp has received a low rating primarily due to its Accountability & Finance score of 54%. While it excels in having a fully independent board and a high program expense ratio, the organization falls short in several critical areas affecting transparency and governance. These shortcomings include missing financial statements, a lack of key policies such as conflict of interest and whistleblower policies, and no tax form posted on their website.

The organization demonstrates some strengths, notably its commitment to program spending, with an impressive 94.05% of expenses directed towards its programs. However, the absence of essential financial documentation and policies raises concerns about its overall financial health and governance practices. The high liabilities to assets ratio further indicates potential financial risks that could impact its sustainability.

Overall, while Pal Pride In Athletics For Life Corp shows dedication to its mission through program funding, the significant gaps in accountability and financial transparency suggest the need for improvements in governance practices to build trust and ensure long-term viability.


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

Is Pal Pride In Athletics For Life Corp legitimate?

Pal Pride In Athletics For Life Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pal Pride In Athletics For Life Corp 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.palicehockey.com

What is the mission statement of Pal Pride In Athletics For Life Corp?

Pal Pride In Athletics For Life Corp promotes an affordable educational program to inspire children with an interest in ice hockey. Their primary objective is to develop and educate these children, encouraging them to pursue higher levels of competition and secure scholarships at colleges, whenever possible. The organization sponsors hockey leagues that emphasize cost-effective learning, nurturing the talent of young aspiring players.


Official website here: www.palicehockey.com

Who is the CEO of Pal Pride In Athletics For Life Corp?

Thomas J Palamara is the Executive Di of Pal Pride In Athletics For Life Corp.


Official website here: www.palicehockey.com

What is the revenue of Pal Pride In Athletics For Life Corp?

Pal Pride In Athletics For Life Corp's revenue in 2022 was $2,915,480.


Official website here: www.palicehockey.com

Who are the executives of Pal Pride In Athletics For Life Corp and what are their salaries?


Here are 10 key members and their salaries:


Thomas J Palamara (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Dubeau (Asst Exec Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Kinnear (Junior Direc)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Stern (Legal Counse)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simone Delorenzo (Treas/Scrty/)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Saunders (Special Even)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Antonucci (Tier I Gov/C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Maritato (Officials Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Rothstein (Fund Rais &)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Coschignano (Audit Commit)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.palicehockey.com

Where can I find the form 990 for Pal Pride In Athletics For Life Corp?

Pal Pride In Athletics For Life Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.palicehockey.com

Learn more at the official website: www.palicehockey.com

Mission Statement of Pal Pride In Athletics For Life Corp

Pal Pride In Athletics For Life Corp is an organization dedicated to promoting an economical program aimed at educating children with a passion for ice hockey. The primary objective of this nonprofit is to develop and inform these children, encouraging them to pursue college-level competition and secure scholarships whenever possible. By sponsoring affordable hockey leagues, Pal Pride In Athletics For Life Corp fosters an environment where children can learn the sport while also gaining valuable skills that can aid them in their academic pursuits. The organization's mission is to nurture and support young ice hockey enthusiasts, providing them with opportunities to excel both on and off the ice.

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Impact




October, 2024

Pal Pride In Athletics For Life Corp significantly impacts the local community by providing accessible ice hockey education for children who are eager to learn and participate in the sport. The organization focuses on creating cost-effective programs that not only teach the fundamentals of ice hockey but also emphasize the importance of education and personal development.

By sponsoring hockey leagues, the organization promotes healthy competition and teamwork, encouraging children to engage in physical activity while developing valuable life skills. This initiative serves to inspire young players to aspire to play at higher levels, including college competition, where they can potentially earn scholarships. This pathway can significantly alter the trajectory of their lives, offering opportunities for higher education and personal growth that might otherwise be unattainable.

Moreover, through its commitment to fostering a love for the sport and supporting athletes in their academic pursuits, Pal Pride In Athletics For Life Corp contributes to building a stronger, healthier community. The focus on developing youth through athletics not only enriches their lives but also sets a foundation for future success, both on and off the ice. Overall, the organization's impact resonates far beyond the rink, instilling values of perseverance, discipline, and ambition in the next generation.




This information is meant to be a general summary of Pal Pride In Athletics For Life Corp. 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
$2,915,480 (2022)
Expenses
$2,746,795 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $2,830,730
  • Gross Receipts: $2,915,480

Assets and Liabilities:

  • Total Assets: $389,144
  • Total Liabilities: $354,119
  • Net Assets: $35,025

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Programs

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

MEMBERSHIP REGISTRATION FEES

Revenue

$2,657,663

USPHL PARTICIPATION FEES

Revenue

$150,000

SPECIAL EVENTS AND DONATIONS

Revenue

$23,067

Organization Details

Founding Year

2009

Principal Officer

Thomas J Palamara

Main Address

660 TERRY ROAD, HAUPPAUGE, NY, 11788

NTEE Category

Code: N60 - Recreation

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