Overview
What is Delano Area Sports Arena Inc?
Delano Area Sports Arena Inc is a nonprofit organization, specifically committed to managing and maintaining an ice arena. This facility serves as a hub for local youth, offering them an opportunity for ice skating. Beyond catering to the local community, the arena is also rented out to several school districts and hockey clubs in the surrounding area. The nonprofit's mission is to provide a versatile space for recreational activities, promoting community engagement and youth development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
Delano Area Sports Arena Inc has received a low score of 56%, indicative of significant issues in accountability and finance. The organization scored 0% on the majority of governance and transparency measures, such as having no independent board members and missing key policies like conflict of interest and whistleblower protections. This lack of oversight raises concerns regarding the organization's governance practices.
Despite its financial shortcomings, Delano Area Sports Arena Inc has a strong program expense ratio of 98.44%, suggesting that a high proportion of its expenses are directed toward its programs. The organization also maintains a commendable liabilities to assets ratio of 28.43%, indicating a level of financial stability. However, the absence of essential financial statements and documentation on its website undermines its transparency and accountability.
Overall, while Delano Area Sports Arena Inc demonstrates effectiveness in program spending, its poor governance structure and lack of financial disclosure significantly impact its evaluation. Prospective donors and stakeholders may need to consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Delano Area Sports Arena Inc legitimate?
Delano Area Sports Arena Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delano Area Sports Arena 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: $78,695
For more financial information, click here
What is the mission statement of Delano Area Sports Arena Inc?
The Delano Area Sports Arena Inc serves the purpose of managing and maintaining an ice arena, which is utilized by several local school districts and youth hockey clubs in the surrounding region. The primary objective is to offer an ice skating facility for the local youth, while also providing rental opportunities for educational institutions and hockey clubs in the vicinity. The arena's management ensures the facility remains in excellent condition, thereby catering to the recreational and competitive ice skating needs of the community.
Who is the CEO of Delano Area Sports Arena Inc?
Brandon Heinzen is the V. Pres of Delano Area Sports Arena Inc.
What is the revenue of Delano Area Sports Arena Inc?
Delano Area Sports Arena Inc's revenue in 2022 was $478,713.
Who are the executives of Delano Area Sports Arena Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Delano Area Sports Arena Inc?
Delano Area Sports Arena Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Delano Area Sports Arena Inc
Delano Area Sports Arena, as an organization, is dedicated to managing and maintaining an ice arena. This facility serves as a vital resource for local youth and is also rented out to numerous school districts and hockey clubs in the surrounding area. By managing and maintaining the ice arena, Delano Area Sports Arena ensures that it remains a reliable and top-notch ice skating facility for the community. This ice arena provides a valuable space for young people to engage in activities, fostering a sense of community and promoting physical fitness. Additionally, by renting out the arena to various schools and hockey clubs, Delano Area Sports Arena extends its reach and contributes to the development of youth in the surrounding area.
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Impact
July, 2024
Delano Area Sports Arena Inc's impact is centered around providing a crucial recreational facility for the local community. By managing and maintaining an ice arena that serves as a hub for youth activities, school programs, and hockey clubs, the organization plays a key role in promoting physical activity, community engagement, and sports development in the surrounding area. The arena serves as a valuable resource for fostering a sense of teamwork, discipline, and healthy competition among the youth who use it regularly. In essence, Delano Area Sports Arena Inc contributes significantly to the well-being and growth of the community by providing a space for active and positive recreational opportunities.
This information is meant to be a general summary of Delano Area Sports Arena 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: $99
- Program Service Revenue: $402,508
- Gross Receipts: $506,811
Assets and Liabilities:
- Total Assets: $1,321,642
- Total Liabilities: $465,735
- Net Assets: $855,907
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ICE TIME/PLAYER FEES
Revenue
$402,508
Organization Details
Founding Year
1989
Phone
(763) 972-9619Principal Officer
Brandon Heinzen
Main Address
PO BOX 162, DELANO, MN, 55328
NTEE Category
Code: N31 - Recreation
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