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Northern Lakes Youth Hockey Assn

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411468529 ✦ Crosslake, MN ✦ Designated as a 501(c)(3)

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Overview

What is Northern Lakes Youth Hockey Assn?

Northern Lakes Youth Hockey Association is a nonprofit organization situated in Cross Lake, Minnesota. With a team of 35 dedicated individuals, their primary mission is to promote and foster youth amateur hockey in the local area. They accomplish this by organizing, establishing, conducting, and maintaining facilities and equipment, enabling children to participate in competitive hockey while continuously improving their skills based on their abilities and interests. The association aims to provide a nurturing environment where young players can learn, grow, and thrive in the sport.


Official website here: www.northernlakeslightning.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 69%)

Northern Lakes Youth Hockey Association has received a two-star rating from Charity Navigator, indicating areas that require improvement, particularly in transparency and governance practices. The organization has a solid program expense ratio of nearly 100%, demonstrating a strong commitment to utilizing the majority of its funds toward its programs. Additionally, it has 100% independent board members, reflecting a commitment to governance integrity.

However, the nonprofit falls short in several critical areas concerning accountability and finance. It lacks essential policies such as conflict of interest, whistleblower, and document retention, which could impact its operational transparency and trustworthiness. Furthermore, the absence of financial statements significantly affects its overall score, indicating a need for better financial reporting practices.

Overall, while Northern Lakes Youth Hockey Association shows strong performance in program expenditures and board independence, the noted deficiencies in governance and financial accountability are concerning. Addressing these issues could enhance its rating and ultimately strengthen its impact on the community it serves.


This AI summary has been generated from information found on Charity Navigator.

Is Northern Lakes Youth Hockey Assn legitimate?

Northern Lakes Youth Hockey Assn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northern Lakes Youth Hockey Assn 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: $0

For more financial information, click here


Official website here: www.northernlakeslightning.com

What is the mission statement of Northern Lakes Youth Hockey Assn?

The Northern Lakes Youth Hockey Association's mission is centered around providing an opportunity for children to learn and participate in competitive hockey. This organization is committed to fostering the advancement of these children's skills, allowing them to progress as far as their abilities and passion for the sport permit. In addition, the association promotes youth amateur hockey, organizes and maintains facilities and equipment, and encourages their usage by local youth.


Official website here: www.northernlakeslightning.com

Who is the CEO of Northern Lakes Youth Hockey Assn?

Marissa Raushel is the President of Northern Lakes Youth Hockey Assn.


Official website here: www.northernlakeslightning.com

What is the revenue of Northern Lakes Youth Hockey Assn?

Northern Lakes Youth Hockey Assn's revenue in 2023 was $546,757.


Official website here: www.northernlakeslightning.com

Who are the executives of Northern Lakes Youth Hockey Assn and what are their salaries?

There are 35 employees and 250 volunteers at Northern Lakes Youth Hockey Assn.


Here are 11 key members and their salaries:


Marissa Raushel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Balmer (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Yantes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Rikala (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Rau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glendon Nyberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Stueven (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Kueker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Horst (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.northernlakeslightning.com

Where can I find the form 990 for Northern Lakes Youth Hockey Assn?

Northern Lakes Youth Hockey Assn's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.northernlakeslightning.com

Learn more at the official website: www.northernlakeslightning.com

Mission Statement of Northern Lakes Youth Hockey Assn

Northern Lakes Youth Hockey Association, in its mission, strives to offer children the chance to learn and excel in competitive hockey. It provides an environment that encourages every child to push their skills to their fullest potential, based on their ability and interest. The organization's primary goal is to foster the growth of youth amateur hockey in the area, by organizing, establishing, and maintaining facilities and equipment. It also encourages the use of these resources by local youth, promoting a sense of community and camaraderie in the sport.

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Impact




July, 2024

Northern Lakes Youth Hockey Association's impact is significant in providing children with the opportunity to learn and play competitive hockey. By organizing and maintaining facilities and equipment, the association promotes youth amateur hockey in the Crosslake area of Minnesota. Through their mission to advance the skills of young players based on their ability and desire, Northern Lakes Youth Hockey Association contributes to the personal development and growth of local children through the sport of hockey.




This information is meant to be a general summary of Northern Lakes Youth Hockey Assn. 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.

Revenue
$546,757 (2023)
Expenses
$465,727 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $232
  • Program Service Revenue: $43,038
  • Gross Receipts: $16,696,204

Assets and Liabilities:

  • Total Assets: $560,953
  • Total Liabilities: $15,659
  • Net Assets: $545,294

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REGISTRATIONS

Revenue

$27,038

TOURNAMENTS

Revenue

$16,000

Organization Details

Founding Year

1984

Principal Officer

Marissa Raushel

Main Address

PO BOX 31, CROSSLAKE, MN, 56442

NTEE Category

Code: N60Z - Recreation

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