Overview
What is Princeton Youth Hockey Association?
The Princeton Youth Hockey Association, situated in Princeton, Minnesota, serves as a vital nonprofit organization for approximately 300 individuals in the local area, encompassing youth, young adults, and adults. Their primary mission is to create an enjoyable, educational, and competitive environment for skaters interested in hockey, while emphasizing safety. To achieve this, they provide indoor and outdoor skating rinks for public use, facilitating hockey games, ice time rentals, and open skating sessions. With a dedicated workforce of 43 employees, the Princeton Youth Hockey Association continues to contribute positively to the community, fostering a love for hockey and promoting safety among its participants.
Official website here: www.princetonyouthhockey.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star Rating
The Princeton Youth Hockey Association has received a low rating of 54%, reflecting significant concerns regarding its accountability and financial management. While the organization benefits from a fully independent board of directors and shows a strong program expense ratio of 90.15%, it has received no points for its financial statements or essential governance policies, such as conflict of interest and whistleblower policies.
The absence of key financial documentation and policies raises red flags about the organization's operational transparency. Despite having independent members overseeing the board, the lack of posted financial statements and other governance documents may hinder a thorough understanding of its fiscal health and decision-making processes.
Overall, while the organization demonstrates commitment to its programming, the lack of foundational governance practices and financial disclosures suggests that potential donors and stakeholders should approach their support with caution. Improving on these critical areas could enhance trust and accountability moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Princeton Youth Hockey Association legitimate?
Princeton Youth Hockey Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Princeton Youth 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $196,190
For more financial information, click here
Official website here: www.princetonyouthhockey.com
What is the mission statement of Princeton Youth Hockey Association?
The Princeton Youth Hockey Association's mission is centered around providing an enjoyable, educational, and competitive hockey environment for all interested individuals. This organization prioritizes safety as a fundamental aspect of its operations. During the recent fiscal year, the association served approximately 300 individuals from the local community, including youth, young adults, and adults. The Princeton Youth Hockey Association offers both indoor and outdoor skating rinks for public use, and hosts various hockey games, ice time rentals, and open skating sessions.
Official website here: www.princetonyouthhockey.com
Who is the CEO of Princeton Youth Hockey Association?
Joe Hostrawser is the President of Princeton Youth Hockey Association.
Official website here: www.princetonyouthhockey.com
What is the revenue of Princeton Youth Hockey Association?
Princeton Youth Hockey Association's revenue in 2022 was $935,599.
Official website here: www.princetonyouthhockey.com
Who are the executives of Princeton Youth Hockey Association and what are their salaries?
The average compensation at Princeton Youth Hockey Association during 2022 was $4,563. There are 43 employees at Princeton Youth Hockey Association.
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Official website here: www.princetonyouthhockey.com
Where can I find the form 990 for Princeton Youth Hockey Association?
Princeton Youth Hockey Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.princetonyouthhockey.com
Learn more at the official website: www.princetonyouthhockey.com
Mission Statement of Princeton Youth Hockey Association
Princeton Youth Hockey Association, abbreviated as PYHA, is committed to offering an engaging, educational, and competitive hockey experience to every interested skater. Their primary objective is to ensure that this environment is both enjoyable and safe for youngsters, young adults, and adults residing in the surrounding area. By providing a multitude of services, including indoor and outdoor skating rinks, hockey games, ice time rentals, and open skating sessions, PYHA aims to cater to the diverse interests and skill levels of its members. The association's mission is not just limited to the sport itself; it also promotes safety as a fundamental aspect of its operations, ensuring that every participant enjoys the game in a secure and well-supervised environment.
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Impact
July, 2024
Princeton Youth Hockey Association's impact is significant in providing a fun, educational, and competitive environment for skaters interested in playing hockey. The association serves approximately 300 individuals, including youth, young adults, and adults in the surrounding area. By offering indoor and outdoor skating rinks, hockey games, ice time rentals, and open skating opportunities, Princeton Youth Hockey Association contributes to the community's recreational and athletic development. Additionally, their focus on promoting safety ensures that participants can enjoy the sport in a secure environment.
This information is meant to be a general summary of Princeton Youth 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 2022.
- Investment Income: $3,594
- Program Service Revenue: $526,074
- Gross Receipts: $15,227,262
Assets and Liabilities:
- Total Assets: $3,566,555
- Total Liabilities: $2,834,513
- Net Assets: $732,042
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOCKEY ACTIVITIES
Revenue
$483,949
SPONSORSHIP
Revenue
$25,665
TOURNAMENT REVENUES
Revenue
$16,460
Organization Details
Founding Year
1981
Phone
(763) 389-5142Principal Officer
Joe Hostrawser
Main Address
PO BOX 398, PRINCETON, MN, 55371
Website
www.princetonyouthhockey.comNTEE Category
Code: N68Z - Recreation
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