Overview
What is Rosemount Area Hockey Association?
The Rosemount Area Hockey Association is a nonprofit organization situated in Rosemount, Minnesota. With a team of eleven dedicated individuals, their primary mission is to offer ice hockey experiences to the youth residing in Rosemount and its surrounding communities. They accomplish this by providing instructional sessions, regular practices, clinics, tournaments, and league competitions, thereby fostering a love for the sport among the younger generation. The association's activities are designed to enhance their skills and promote camaraderie within the hockey community.
Official website here: www.rosemounthockey.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
The Rosemount Area Hockey Association has received a two-star rating from Charity Navigator, indicating that while the organization has some strong points, there are significant areas needing improvement. The charity boasts a high program expense ratio of 97.38%, demonstrating a strong commitment to putting funds towards its primary mission. Additionally, it has a fully independent board, which is a positive sign of governance.
However, the organization faces several transparency and accountability issues. Notably, the absence of financial statements and key policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy significantly impacts its score. Furthermore, the tax form is not posted on the nonprofit's website, which raises concerns about accessibility of financial information for stakeholders.
Overall, while the Rosemount Area Hockey Association shows a strong focus on its programs and is governed by an independent board, the lack of essential financial documentation and policies suggests a need for increased transparency and organizational improvements to enhance trust and credibility with its supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Rosemount Area Hockey Association legitimate?
Rosemount Area Hockey Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rosemount Area 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: $37,360
For more financial information, click here
Official website here: www.rosemounthockey.org
What is the mission statement of Rosemount Area Hockey Association?
The Rosemount Area Hockey Association's mission is centered around offering ice hockey experiences to young individuals residing in and around Rosemount. They achieve this by providing instructional sessions, organizing practices, conducting clinics, hosting tournaments, and facilitating league competitions. The association's primary goal is to foster a love for the sport and provide ample opportunities for skill development and competition among the youth.
Official website here: www.rosemounthockey.org
What is the revenue of Rosemount Area Hockey Association?
Rosemount Area Hockey Association's revenue in 2024 was $1,075,069.
Official website here: www.rosemounthockey.org
Who are the executives of Rosemount Area Hockey Association and what are their salaries?
The average compensation at Rosemount Area Hockey Association during 2024 was $2,874. There are 13 employees and 525 volunteers at Rosemount Area Hockey Association.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.rosemounthockey.org
Where can I find the form 990 for Rosemount Area Hockey Association?
Rosemount Area Hockey Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.rosemounthockey.org
Learn more at the official website: www.rosemounthockey.org
Mission Statement of Rosemount Area Hockey Association
The Rosemount Area Hockey Association, in its mission, aims to offer ice hockey experiences to young individuals residing in Rosemount and its surrounding communities. Through various means, the association strives to provide these youth with essential training, practices, clinics, tournaments, and league competitions. This commitment is instrumental in fostering a love for the sport, enhancing their skills, and offering them a platform for camaraderie and teamwork.
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Impact
July, 2024
Rosemount Area Hockey Association creates a positive impact in the community by providing youth in Rosemount and surrounding areas with valuable opportunities to learn, grow, and thrive through the sport of ice hockey. By offering instruction, practices, clinics, tournaments, and league competition, the Association not only promotes physical health and skill development but also fosters important values such as teamwork, discipline, and sportsmanship. Through its dedication to providing quality hockey programs, Rosemount Area Hockey Association plays a significant role in enriching the lives of young people and building a strong sense of community among players, families, and supporters.
This information is meant to be a general summary of Rosemount Area 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 2024.
- Investment Income: $1,503
- Program Service Revenue: $58,741
- Gross Receipts: $7,611,133
Assets and Liabilities:
- Total Assets: $640,181
- Total Liabilities: $31,444
- Net Assets: $608,737
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOURNAMENTS
Revenue
$58,741
Organization Details
Founding Year
1974
Principal Officer
Michael Staloch
Website
www.rosemounthockey.orgNTEE Category
Code: N40Z - Recreation
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