Overview
What is Hanover Athletic Association Inc?
Hanover Athletic Association Inc, located in Hanover, Minnesota, is a nonprofit organization dedicated to serving the community's youth. Their primary mission is to maintain and operate a local park, which includes facilities for softball fields, playground equipment, and a skating rink. This nonprofit is committed to providing engaging activities for young people and ensuring the upkeep of these facilities for their enjoyment. With a team of 22 dedicated individuals, Hanover Athletic Association Inc strives to enrich the lives of local youth through recreational opportunities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
Hanover Athletic Association Inc demonstrates several strengths reflected in its financial practices and governance. The organization boasts a perfect score for the majority of its board being independent, the size of the independent board, and the absence of material diversion of assets. Additionally, it maintains a strong program expense ratio of 99.46%, indicating that most of its funds are directed towards its programs.
However, the two-star rating suggests areas for improvement, particularly in transparency and compliance. The organization is missing key tax form disclosures on its website, including a conflict of interest policy, whistleblower policy, and document retention policy. Addressing these gaps would enhance its accountability and public trust. Overall, while Hanover Athletic Association Inc shows solid financial health, it should prioritize improving its transparency to achieve a higher rating.
This AI summary has been generated from information found on Charity Navigator.
Is Hanover Athletic Association Inc legitimate?
Hanover Athletic Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hanover Athletic 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Hanover Athletic Association Inc?
The Hanover Athletic Association Inc's mission is centered around providing engaging activities for youth and maintaining facilities that cater to these activities. They are committed to maintaining and operating a local park, which includes softball fields, playground equipment, and a skating rink, all intended for youth use. This organization's primary goal is to provide a platform for young individuals to engage in various activities and enjoy a well-maintained environment for their recreational needs.
Who is the CEO of Hanover Athletic Association Inc?
Stan Kolasa is the Director of Hanover Athletic Association Inc.
What is the revenue of Hanover Athletic Association Inc?
Hanover Athletic Association Inc's revenue in 2022 was $16,880.
Who are the executives of Hanover Athletic Association Inc and what are their salaries?
There are 22 employees and 10 volunteers at Hanover Athletic Association Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Hanover Athletic Association Inc?
Hanover Athletic Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hanover Athletic Association Inc
Hanover Athletic Association Inc is committed to serving the youth by providing a multitude of activities and ensuring the upkeep of facilities that cater to these activities. Their primary mission revolves around providing an engaging environment for young individuals, fostering their growth and development through various recreational pursuits. The organization maintains and operates a local park, featuring essential amenities such as softball fields, playground equipment, and a skating rink. By providing these resources, Hanover Athletic Association Inc aims to create a vibrant and inclusive community where young people can engage in physical activities, foster friendships, and develop essential life skills.
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Impact
August, 2024
Hanover Athletic Association Inc has a significant impact on the community by providing youth activities and maintaining facilities for these activities. By operating and maintaining a local park with softball fields, playground equipment, and a skating rink, the organization offers a valuable space for young people to engage in healthy and recreational pursuits. This contributes to the physical and social well-being of the community's youth, fostering teamwork, physical activity, and community engagement. Hanover Athletic Association Inc plays a crucial role in enhancing the quality of life for residents by providing these essential resources and opportunities for youth development.
This information is meant to be a general summary of Hanover Athletic 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: $459
- Gross Receipts: $15,276,615
Assets and Liabilities:
- Total Assets: $450,120
- Total Liabilities: $76,830
- Net Assets: $373,290
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Organization Details
Founding Year
1969
Phone
(612) 269-9934Principal Officer
Stan Kolasa
Main Address
PO BOX 128, HANOVER, MN, 55341
NTEE Category
Code: N20Z - Recreation
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