Overview
What is Ice Inc?
Ice Inc. is a nonprofit organization situated in Verona, Wisconsin, specifically at 451 East Verona Avenue. Their primary mission is to operate an ice skating facility, making it accessible to the public at an affordable price. This facility serves as a venue for high school and youth sports activities, as well as providing opportunities for public skating, allowing the general public to enjoy the arena. Beyond recreational activities, Ice Inc. also offers youth camps and training programs for hockey, skating, and refereeing. Their work has benefited hundreds of individuals through these programs. With a team of 15 dedicated employees, Ice Inc. contributes to the community by promoting physical activity and skill development in ice sports.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Ice Inc holds a two-star rating from Charity Navigator, reflecting a score of 67%. The organization demonstrates strong governance with 100% independent board members and a solid program expense ratio of 95.80%, indicating that most of its funding is directed towards its programs rather than administrative costs.
However, the nonprofit has significant gaps in its accountability and transparency measures. Key policies, such as conflict of interest and whistleblower policies, are notably missing, along with financial statements and various required documents on its website. These deficiencies contribute to the organization's need for improvement in its overall accountability practices.
This AI summary has been generated from information found on Charity Navigator.
Is Ice Inc legitimate?
Ice Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ice 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: $200,945
For more financial information, click here
What is the mission statement of Ice Inc?
Ice Inc's primary mission is centered around operating an ice skating facility, making it accessible to the public at an affordable price. This mission extends to supporting high school and youth sports activities, offering youth camps, and providing training for hockey, skating, and refereeing. The public skating sessions offer an opportunity for the general public to enjoy the arena, with hundreds of individuals benefiting from these programs.
Who is the CEO of Ice Inc?
Joe Gastel is the Vice Preside of Ice Inc.
What is the revenue of Ice Inc?
Ice Inc's revenue in 2022 was $5,064,784.
Who are the executives of Ice Inc and what are their salaries?
The average compensation at Ice Inc during 2022 was $13,396. There are 15 employees and 15 volunteers at Ice Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Ice Inc?
Ice Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ice Inc
Ice Inc, a nonprofit organization, is dedicated to operating an ice skating facility that is accessible to the public at an affordable fee. This mission extends beyond just skating, as the organization also facilitates high school and youth sports activities, providing opportunities for young athletes. Beyond recreational activities, Ice Inc offers youth camps and training programs for hockey, skating, and even refereeing. Public skating sessions provide a chance for the general public to enjoy the facility, with hundreds benefiting from this program.
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Impact
July, 2024
Ice Inc's impact lies in providing a vital community space for recreational and sporting activities. By operating an affordable ice skating facility in Verona, WI, Ice Inc offers opportunities for the general public to engage in healthy physical activity and enjoy ice-related sports. Additionally, through youth camps, hockey training, and referee programs, Ice Inc contributes to the development of young athletes and provides valuable skills training. The organization's emphasis on accessibility and affordability has made it a popular destination, with hundreds of individuals benefiting from its programs and services. Overall, Ice Inc plays a significant role in promoting physical fitness, community engagement, and youth development in the area.
This information is meant to be a general summary of Ice 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 2022.
- Investment Income: $9,289
- Program Service Revenue: $535,054
- Gross Receipts: $5,064,784
Assets and Liabilities:
- Total Assets: $6,557,184
- Total Liabilities: $27,439
- Net Assets: $6,529,745
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ICE RENTAL
Revenue
$314,059
HOCKEY LEAGUE
Revenue
$57,912
PRO SHOP
Revenue
$55,401
SKATING LESSONS
Revenue
$47,144
OPEN SKATING
Revenue
$31,264
Organization Details
Founding Year
1993
Phone
(608) 845-7465Principal Officer
Joe Gastel
Main Address
451 EAST VERONA AVENUE, VERONA, WI, 53593
NTEE Category
Code: N70Z - Recreation
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