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Orono Ice Arena Inc

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

EIN: 411845694 ✦ Long lake, MN ✦ Designated as a 501(c)(3)

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Overview

What is Orono Ice Arena Inc?

Orono Ice Arena Inc is a nonprofit organization situated in Long Lake, Minnesota, with a primary focus on providing ice time and facilities to stimulate youth hockey interest and growth within the local community. With a mission to promote and foster ice skating and organized hockey, the organization supports both the Orono Youth Hockey Association and Orono High School. To maintain financial viability and operational capability, Orono Ice Arena, Inc. operates a high-quality, cost-effective ice facility, serving the needs of the Orono School District (District 278) and the greater Orono community. The nonprofit employs a team of 11 individuals, ensuring a safe and efficient operation.


Official website here: www.oronoicearena.com

Is Orono Ice Arena Inc legitimate?

Orono Ice Arena Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Orono Ice 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: $177,908

For more financial information, click here


Official website here: www.oronoicearena.com

What is the mission statement of Orono Ice Arena Inc?

The mission of Orono Ice Arena Inc, in its essence, is to promote and encourage ice skating and organized hockey within the local community, specifically for the Orono Youth Hockey Association and Orono High School. To accomplish this, the organization strives to provide a safe, top-notch, and cost-effective ice facility. This is crucial to support the Orono School District, the youth hockey association, and the broader Orono community. To maintain financial viability and operational capability, the arena must consistently operate efficiently. Consequently, the arena offers facilities and ice time for community youth, aiming to foster and cultivate interest in youth hockey.


Official website here: www.oronoicearena.com

Who is the CEO of Orono Ice Arena Inc?

Christian Lundsgaard is the President of Orono Ice Arena Inc.


Official website here: www.oronoicearena.com

What is the revenue of Orono Ice Arena Inc?

Orono Ice Arena Inc's revenue in 2023 was $609,320.


Official website here: www.oronoicearena.com

Who are the executives of Orono Ice Arena Inc and what are their salaries?

The average compensation at Orono Ice Arena Inc during 2023 was $16,173. There are 11 employees and 250 volunteers at Orono Ice Arena Inc.


Here are 5 key members and their salaries:


Christian Lundsgaard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Meier (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Wallander (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Nafstad (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denny Walsh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.oronoicearena.com

Where can I find the form 990 for Orono Ice Arena Inc?

Orono Ice Arena Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.oronoicearena.com

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

Mission Statement of Orono Ice Arena Inc

Orono Ice Arena Inc, a nonprofit organization, is committed to promoting and fostering ice skating and organized hockey within the local community, specifically for the Orono Youth Hockey Association and Orono High School. Its mission is twofold: firstly, to provide a safe and high-quality ice facility at an affordable cost, supporting the Orono School District, the Orono Youth Hockey Association, and the broader Orono community. Secondly, to maintain the financial viability and operational capability of the arena on an ongoing basis, ensuring its continued availability for community use. By offering ice facilities and time, Orono Ice Arena Inc encourages the growth and interest in youth hockey, contributing to a vibrant and engaged community.

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Impact




October, 2024

Orono Ice Arena Inc significantly impacts the local community by promoting ice skating and organized hockey. By providing facilities and ice time, it fosters the growth and interest in youth hockey, creating a safe and supportive environment for young athletes. This facility serves not only the Orono Youth Hockey Association but also supports Orono High School, ensuring that students can engage in healthy, organized recreational activities.

The arena's mission is to maintain a high-quality, cost-effective ice facility that aligns with the needs of the Orono School District and the greater Orono community. This commitment ensures that youth have access to important recreational opportunities, helping to instill teamwork, discipline, and a love for sports. Moreover, by emphasizing financial viability and operational capability, Orono Ice Arena Inc guarantees that its services can be sustained in the long term, ultimately benefiting generations of skaters and hockey players in the area.




This information is meant to be a general summary of Orono Ice 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.

Revenue
$609,320 (2023)
Expenses
$736,117 (2023)
Efficiency

Other financial information:

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

  • Investment Income: -$96,489
  • Program Service Revenue: $644,724
  • Gross Receipts: $730,246

Assets and Liabilities:

  • Total Assets: $3,172,162
  • Total Liabilities: $219,880
  • Net Assets: $2,952,282

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Programs

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

ICE TIME

Revenue

$592,456

BOARD RENTAL

Revenue

$32,100

OIA SPONSORED ICE RENTAL

Revenue

$20,168

Organization Details

Founding Year

1996

Principal Officer

Christian Lundsgaard

Main Address

1025 NORTH OLD CRYSTAL BAY ROAD, LONG LAKE, MN, 55356

NTEE Category

Code: N30Z - Recreation

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