Overview
What is Bloomington Jefferson Hockey Booster Club?
The Bloomington Jefferson Hockey Booster Club is a community-focused nonprofit organization based in Bloomington, Minnesota. Their primary mission is to cultivate youth in hockey, fostering both athletic and personal growth, as well as nurturing a passion for the sport. They accomplish this by organizing clinics and tryouts, providing support for 14 diverse teams, and training coaches to ensure their certification. The Booster Club's core values emphasize teamwork, respect, and academic excellence, promoting a positive and inclusive environment. With a modest workforce of 10 individuals, the Bloomington Jefferson Hockey Booster Club serves as a vital pillar in the local community, empowering young hockey players to reach their full potential.
Official website here: www.jeffersonhockey.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars)
The Bloomington Jefferson Hockey Booster Club has received a rating of "Needs Improvement" from Charity Navigator, with an overall score of 69%. This rating indicates that while the organization has some strengths, there are significant areas requiring attention, particularly in governance and transparency. The club is praised for having a wholly independent board, reflecting a strong commitment to accountability.
However, the organization faces notable limitations, particularly in its financial reporting. It scored zero points in the Financial Statements category, indicating a lack of detailed financial documentation which is crucial for maintaining donor trust and transparency. Additionally, the absence of essential policies, such as a conflict of interest policy and whistleblower protection, raises concerns about governance practices.
On a positive note, the club shows a strong focus on program expenses, with an impressive 97.91% of its budget allocated to direct program activities. Furthermore, it maintains a low liabilities to assets ratio of 8.32%, suggesting good fiscal responsibility in terms of managing its debts relative to its assets. Overall, while the Bloomington Jefferson Hockey Booster Club demonstrates a commitment to its programs, enhancing governance practices and financial transparency would significantly improve its standing.
This AI summary has been generated from information found on Charity Navigator.
Is Bloomington Jefferson Hockey Booster Club legitimate?
Bloomington Jefferson Hockey Booster Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bloomington Jefferson Hockey Booster 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.
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For more financial information, click here
Official website here: www.jeffersonhockey.org
What is the mission statement of Bloomington Jefferson Hockey Booster Club?
The Bloomington Jefferson Hockey Booster Club's mission is centered around developing young individuals into well-rounded hockey players, students, and community members. They strive to foster a love for the game while maintaining a premier hockey program that produces excellent players and even better individuals. Their core values include promoting community-based activities for friendship and excellence, respecting people and facilities with good character, emphasizing teamwork for collective achievements, prioritizing academics, and committing to hard work and dedication for positive outcomes.
Official website here: www.jeffersonhockey.org
What is the revenue of Bloomington Jefferson Hockey Booster Club?
Bloomington Jefferson Hockey Booster Club's revenue in 2023 was $790,077.
Official website here: www.jeffersonhockey.org
Who are the executives of Bloomington Jefferson Hockey Booster Club and what are their salaries?
There are 10 employees and 450 volunteers at Bloomington Jefferson Hockey Booster Club.
Here are 9 key members and their salaries:
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Official website here: www.jeffersonhockey.org
Where can I find the form 990 for Bloomington Jefferson Hockey Booster Club?
Bloomington Jefferson Hockey Booster Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.jeffersonhockey.org
Learn more at the official website: www.jeffersonhockey.org
Mission Statement of Bloomington Jefferson Hockey Booster Club
The Bloomington Jefferson Hockey Booster Club is committed to fostering the growth and development of young hockey players, students, and community members, while nurturing a deep-seated love for the sport. Their mission is threefold: firstly, they strive to cultivate the highest potential in these individuals as both hockey players and students; secondly, they aim to establish the Bloomington Jefferson Hockey program as a distinguished and esteemed one, producing exceptional hockey players as well as well-rounded individuals; lastly, they uphold several core values, including community-based teamwork, respect, academic excellence, and a relentless pursuit of excellence, believing that hard work and commitment lead to positive outcomes.
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Impact
October, 2024
The Bloomington Jefferson Hockey Booster Club significantly impacts the community by fostering a love for hockey while promoting personal development among youth. With a commitment to nurturing players, students, and active community members, the club emphasizes the importance of excellence in both athletics and academics.
By providing a structured environment for children to engage in hockey, players can develop their skills alongside peers of similar talent, which encourages growth and competition. The club organizes clinics and tryouts, ensuring that all athletes have access to quality training and opportunities. Supporting 14 different teams, the Booster Club creates a robust hockey culture that values teamwork, respect, and community engagement.
The club's dedication to training coaches and facilitating their certification ensures that quality instruction is provided, reinforcing its mission to produce not just great hockey players, but also responsible individuals. Through these initiatives, the Bloomington Jefferson Hockey Booster Club instills core values in young athletes, fostering friendships and a sense of belonging while preparing them for future challenges both on and off the ice.
This information is meant to be a general summary of Bloomington Jefferson Hockey Booster 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 2023.
- Investment Income: $168
- Program Service Revenue: $753,884
- Gross Receipts: $7,362,837
Assets and Liabilities:
- Total Assets: $342,802
- Total Liabilities: $28,073
- Net Assets: $314,729
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION INCOME
Revenue
$370,561
CHARITABLE GAMING INCOME
Revenue
$145,000
BAHA REVENUE SHARE
Revenue
$70,693
TOURNAMENT INCOME
Revenue
$68,322
SPONSORSHIP INCOME
Revenue
$55,554
Organization Details
Founding Year
1999
Principal Officer
Pete Cyr
Website
www.jeffersonhockey.orgNTEE Category
Code: N68I - Recreation
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