Overview
What is Anoka Area Ice Arena Association Inc?
Anoka Area Ice Arena Association Inc, situated in Anoka, Minnesota, serves as a hub for various youth sports activities. This nonprofit organization primarily focuses on promoting youth skating, soccer, and lacrosse programs. They achieve this by renting out their arena year-round to local youth organizations, high schools, and associations, providing over 2000 hours of ice time annually. The Lacrosse youth alone utilizes over 150 hours of this ice time. With a dedicated workforce of 56 employees, the association is committed to fostering a vibrant and engaging environment for young athletes to hone their skills and passion in these sports.
Official website here: www.anokaicearena.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Stars)
The Anoka Area Ice Arena Association Inc received a One-Star rating from Charity Navigator, indicating significant concerns in its accountability and financial practices. The score is entirely based on its Accountability & Finance metrics, where it achieved a score of 58%. A key strength is the composition of its board, which is comprised of 93% independent members and includes 15 total board members, which speaks to a commitment to governance.
However, the organization has notable weaknesses, particularly in transparency, as it has not made its financial statements publicly available and lacks essential policies such as a conflict of interest policy and a whistleblower policy. These absences contribute to its lower score in accountability measures. The program expense ratio is strong at 94.23%, suggesting that a significant portion of its budget is directed towards its programs, but the lack of financial transparency raises concerns about its overall financial health.
The organization does demonstrate some strengths, like having documented board meeting minutes and a listed website on its tax form, but the limitations in policy and financial disclosures, as highlighted by the missing documents and policies, could deter potential donors seeking transparency and accountability in nonprofit operations.
This AI summary has been generated from information found on Charity Navigator.
Is Anoka Area Ice Arena Association Inc legitimate?
Anoka Area Ice Arena Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anoka Area Ice Arena Association 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: $177,628
Professional Fundraising Fees: $0
Other Salaries and Wages: $90,645
For more financial information, click here
Official website here: www.anokaicearena.com
What is the mission statement of Anoka Area Ice Arena Association Inc?
Anoka Area Ice Arena Association Inc's mission is centered around promoting youth engagement in various sports. Specifically, they focus on ice skating, soccer, and lacrosse programs. Their activities involve renting out the arena to local youth organizations, high schools, and associations for practice, training, and games. During the year, over 2000 hours of ice time were rented out, with over 150 hours dedicated to lacrosse youth. The association's primary goal is to foster the participation of young individuals in these sports.
Official website here: www.anokaicearena.com
Who is the CEO of Anoka Area Ice Arena Association Inc?
Dave Johnson is the Director of Anoka Area Ice Arena Association Inc.
Official website here: www.anokaicearena.com
What is the revenue of Anoka Area Ice Arena Association Inc?
Anoka Area Ice Arena Association Inc's revenue in 2022 was $648,668.
Official website here: www.anokaicearena.com
Who are the executives of Anoka Area Ice Arena Association Inc and what are their salaries?
The average compensation at Anoka Area Ice Arena Association Inc during 2022 was $4,791. There are 56 employees and 16 volunteers at Anoka Area Ice Arena Association Inc.
Here are 17 key members and their salaries:
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Official website here: www.anokaicearena.com
Where can I find the form 990 for Anoka Area Ice Arena Association Inc?
Anoka Area Ice Arena Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.anokaicearena.com
Learn more at the official website: www.anokaicearena.com
Mission Statement of Anoka Area Ice Arena Association Inc
Anoka Area Ice Arena Association Inc, as its name suggests, is committed to promoting youth engagement in various sports activities. Their primary mission revolves around fostering interest in ice skating, soccer, and lacrosse among the younger generation. This nonprofit organization actively works towards achieving this goal by renting out its arena to local youth hockey organizations, soccer clubs, lacrosse associations, and high schools. During a year, over 2000 hours of ice time are rented out, providing ample opportunities for young athletes to practice, train, and participate in games. It is worth noting that a significant portion of this time, approximately 150 hours, is allocated specifically for lacrosse youth programs. By offering such facilities, Anoka Area Ice Arena Association Inc plays a crucial role in nurturing and encouraging the sporting talents of young individuals.
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Impact
July, 2024
Anoka Area Ice Arena Association Inc plays a significant role in promoting youth skating, soccer, and lacrosse programs in the city of Anoka, MN. Through arena rentals, the organization provides local youth hockey organizations, soccer clubs, and lacrosse associations with access to practice, training, and game facilities. In the past year alone, over 2000 hours of ice time were rented out, with more than 150 hours specifically allocated to lacrosse youth. This demonstrates the tangible impact of Anoka Area Ice Arena Association Inc in supporting and fostering youth sports development within the community.
This information is meant to be a general summary of Anoka Area Ice Arena Association 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: -$28,219
- Program Service Revenue: $492,735
- Gross Receipts: $26,729,819
Assets and Liabilities:
- Total Assets: $5,674,560
- Total Liabilities: $3,593,106
- Net Assets: $2,081,454
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ICE ARENA RENTAL
Revenue
$460,185
HIGH SCHOOL GAMES
Revenue
$22,790
FALL LEAGUE
Revenue
$9,760
Organization Details
Founding Year
1981
Phone
(763) 427-8163Principal Officer
Dave Johnson
Main Address
4111 7TH AVENUE NORTH, ANOKA, MN, 55303
Website
www.anokaicearena.comNTEE Category
Code: N68Z - Recreation
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