Overview
What is Und Sports Facilities Inc?
Und Sports Facilities Inc is a nonprofit organization based in Grand Forks, North Dakota. Their primary mission is to manage and maintain a multi-purpose sports and entertainment arena primarily catering to the University of North Dakota's athletics and activities. This arena serves as a vital hub for various events and functions, contributing to the thriving university community in Grand Forks.
Official website here: www.ralphengelstadarena.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Und Sports Facilities Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in its operations. The organization's overall score is 69%, calculated solely from the Accountability & Finance beacon. While it has a commendable program expense ratio of 91.48%, signifying that most of its funds go directly to programs, the lack of independent board members and missing policies raise concerns about governance and oversight.
The charity's board is entirely composed of non-independent members, which impacts its governance score significantly, as does the absence of key policies like conflict of interest and whistleblower protections. Although the organization does not show material diversion of assets and has its financial statements audited, the absence of transparency measures such as publicly available tax forms could hinder public trust.
In summary, while Und Sports Facilities Inc demonstrates strong financial management through its high program expense ratio, essential governance policies and independent oversight are lacking, which could affect its overall effectiveness and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Und Sports Facilities Inc legitimate?
Und Sports Facilities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Und Sports Facilities 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: $420,480
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,630,780
For more financial information, click here
Official website here: www.ralphengelstadarena.com
What is the mission statement of Und Sports Facilities Inc?
Und Sports Facilities Inc is dedicated to managing the activities and operations of a multi-purpose sports and entertainment arena. The primary focus of the organization is supporting the athletic and activity needs of the University of North Dakota. Through the effective operation and maintenance of the arena, Und Sports Facilities Inc aims to contribute to the success of the university's athletic programs. The organization's mission is to ensure the arena functions optimally, enabling students and athletes to benefit from top-notch facilities for their various competitions and activities. Additionally, the arena may serve as a venue for various events, providing opportunities for community engagement and entertainment.
Official website here: www.ralphengelstadarena.com
Who is the CEO of Und Sports Facilities Inc?
Michael Bergeron is the President of Und Sports Facilities Inc.
Official website here: www.ralphengelstadarena.com
What is the revenue of Und Sports Facilities Inc?
Und Sports Facilities Inc's revenue in 2023 was $17,579,245.
Official website here: www.ralphengelstadarena.com
Who are the executives of Und Sports Facilities Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $205,134
- Other: $29,877
- Compensation: $0
- Related: $137,752
- Other: $27,901
Official website here: www.ralphengelstadarena.com
Where can I find the form 990 for Und Sports Facilities Inc?
Und Sports Facilities Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ralphengelstadarena.com
Learn more at the official website: www.ralphengelstadarena.com
Mission Statement of Und Sports Facilities Inc
Und Sports Facilities Inc, a vital organization, is dedicated to managing the activities and operations of a multpurpose sports and entertainment arena primarily for the University of North Dakota athletics and activities. The company's mission is twofold: it operates and maintains the arena to ensure it serves as a hub for the university's athletic endeavors and various activities.
By managing the arena, Und Sports Facilities Inc plays a significant role in supporting the University of North Dakota's athletic department. The arena provides a platform for various sports events, enabling student-athletes to compete at the highest level. Moreover, it offers a venue for various university activities, enhancing the student experience and fostering a strong sense of community.
Und Sports Facilities Inc's commitment to the university extends beyond just operating the arena. The organization ensures the facility is well-maintained, allowing it to function optimally and provide an excellent experience for all who use it. By dedicating themselves to the upkeep of the arena, Und Sports Facilities Inc enables the University of North Dakota to showcase its athletic prowess and host a range of activities for its student body and the wider community.
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Impact
October, 2024
Und Sports Facilities Inc plays a crucial role in the community by operating and maintaining a multipurpose sports and entertainment arena in Grand Forks, North Dakota. This facility primarily serves the University of North Dakota's athletics and related activities, providing a space that supports the university’s mission in education and athletics.
By fostering a vibrant environment for sports events, the arena enhances community engagement and school spirit, uniting students, alumni, and residents. It also hosts a variety of events that promote health, wellness, and recreation, contributing to the overall quality of life in the region. Through its operations, Und Sports Facilities Inc directly impacts the local economy by attracting visitors and generating revenue, while further establishing Grand Forks as a hub for sporting events and entertainment.
This information is meant to be a general summary of Und Sports Facilities 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: $315,111
- Program Service Revenue: $7,761,641
- Gross Receipts: $19,909,004
Assets and Liabilities:
- Total Assets: $60,925,273
- Total Liabilities: $0
- Net Assets: $60,925,273
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
UND HOCKEY / SPORTS
Revenue
$5,354,273
ADVERTISING REVENUE
Revenue
$1,329,888
EVENT REVENUE
Revenue
$1,077,480
Organization Details
Founding Year
2002
Phone
(701) 777-4930Principal Officer
Michael Bergeron
Main Address
1 RALPH ENGELSTAD ARENA DR, GRAND FORKS, ND, 582032205
Website
www.ralphengelstadarena.comNTEE Category
Code: B99 - Education
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