Overview
What is Detroit Lakes Youth Hockey Association Incorporated?
Detroit Lakes Youth Hockey Association Incorporated is a nonprofit organization based in Detroit Lakes, Minnesota. Their primary focus is on providing a hockey program for young individuals aged 15 and under, fostering a positive and enjoyable learning environment. Through their efforts, they offer facilities, equipment, coaching, and game schedules to over 200 youth hockey players annually. The organization's mission is to promote hockey in the Detroit Lakes area and surrounding communities, using an active instructional approach to introduce the sport to local youth. This encourages the development of teamwork, sportsmanship, and self-confidence in a fun and engaging setting. The association is led by a team of 14 dedicated individuals.
Official website here: www.dlyouthhockey.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Stars
The Detroit Lakes Youth Hockey Association has received a Three-Star rating from Charity Navigator, indicating a good level of accountability and finance management. The rating is based solely on their accountability and finance beacon, reflecting a strong commitment to responsible governance and financial health. The charity has a very strong independent board, with 100% of its members being independent, which is a positive aspect of its governance structure.
Strengths of the organization include a high ratio of program expenses, with 93.67% of their budget allocated to programs, suggesting a focused mission on delivering services to the community. Their fiscal health is also commendable, with a liabilities to assets ratio of 11.29%, indicating they are managing their resources well. Furthermore, they provide transparency by listing their website on their tax forms and maintaining documented meeting minutes.
However, there are some areas for improvement, as the organization lacks certain key policies, including a conflict of interest policy and a whistleblower policy. These omissions point to potential gaps in governance that could be addressed to enhance their accountability. Overall, while the Detroit Lakes Youth Hockey Association demonstrates solid financial practices, addressing the noted policy deficiencies would strengthen its governance framework.
This AI summary has been generated from information found on Charity Navigator.
Is Detroit Lakes Youth Hockey Association Incorporated legitimate?
Detroit Lakes Youth Hockey Association Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Detroit Lakes Youth Hockey Association Incorporated 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: $3,991
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,143
For more financial information, click here
Official website here: www.dlyouthhockey.com
What is the mission statement of Detroit Lakes Youth Hockey Association Incorporated?
The Detroit Lakes Youth Hockey Association's mission is to foster hockey among the youth in its community and surrounding areas. By actively teaching and introducing the sport, the association aims to cultivate good sportsmanship, teamwork, and self-confidence in the young participants. This is achieved through a positive and enjoyable learning environment.
Official website here: www.dlyouthhockey.com
Who is the CEO of Detroit Lakes Youth Hockey Association Incorporated?
Judd Syverson is the President/Di of Detroit Lakes Youth Hockey Association Incorporated.
Official website here: www.dlyouthhockey.com
What is the revenue of Detroit Lakes Youth Hockey Association Incorporated?
Detroit Lakes Youth Hockey Association Incorporated's revenue in 2022 was $486,785.
Official website here: www.dlyouthhockey.com
Who are the executives of Detroit Lakes Youth Hockey Association Incorporated and what are their salaries?
The average compensation at Detroit Lakes Youth Hockey Association Incorporated during 2022 was $2,010. There are 14 employees and 200 volunteers at Detroit Lakes Youth Hockey Association Incorporated.
Here are 10 key members and their salaries:
- Compensation: $2,700
- Related: $0
- Other: $0
- Compensation: $1,291
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.dlyouthhockey.com
Where can I find the form 990 for Detroit Lakes Youth Hockey Association Incorporated?
Detroit Lakes Youth Hockey Association Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dlyouthhockey.com
Learn more at the official website: www.dlyouthhockey.com
Mission Statement of Detroit Lakes Youth Hockey Association Incorporated
Detroit Lakes Youth Hockey Association Incorporated aims to facilitate and promote hockey among the youth residing in Detroit Lakes and its surrounding areas. By actively teaching and introducing the sport to the community's young population, the organization seeks to foster good sportsmanship, teamwork, and self-confidence in a positive and enjoyable learning environment. This mission is carried out with the intention of encouraging personal growth and development in the children participating in the association's programs.
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Impact
July, 2024
Detroit Lakes Youth Hockey Association Incorporated's impact can be seen through its dedicated efforts to organize and promote hockey for the youth of Detroit Lakes, MN, and the surrounding area. By introducing and actively instructing the sport to the youth of the community, the association fosters qualities such as good sportsmanship, teamwork, and self-confidence in the young players. With facilities, equipment, coaching, and game schedules provided, approximately 200 youth hockey players participated in the program during the 2021-22 hockey season. This initiative not only promotes physical activity and skill development but also creates a positive and fun learning environment for the youth involved. The association's commitment to nurturing these values and skills in the young participants contributes to the overall well-being and development of the community's youth.
This information is meant to be a general summary of Detroit Lakes Youth Hockey Association Incorporated. 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: $298
- Program Service Revenue: $198,066
- Gross Receipts: $6,745,726
Assets and Liabilities:
- Total Assets: $460,698
- Total Liabilities: $59,402
- Net Assets: $401,296
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PLAYER REGISTRATION FEES
Revenue
$104,574
HOME TOURNAMENTS
Revenue
$74,399
ICE RENT
Revenue
$14,070
MISC INCOME
Revenue
$3,434
EQUIPMENT RENT
Revenue
$1,300
Organization Details
Founding Year
1977
Phone
(218) 236-1147Principal Officer
Judd Syverson
Main Address
PO BOX 393, DETROIT LAKES, MN, 56502
Website
www.dlyouthhockey.comNTEE Category
Code: N68Z - Recreation
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