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Minot Hockey Boosters Inc

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

EIN: 450365306 ✦ Minot, ND ✦ Designated as a 501(c)(3)

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Overview

What is Minot Hockey Boosters Inc?

Minot Hockey Boosters Inc is a community-focused nonprofit organization based in Minot, North Dakota. With a team of 46 dedicated individuals, their primary mission is to promote youth hockey in the area. They achieve this by organizing various leagues, providing essential facilities such as rinks and arenas, hiring coaches, referees, and supplying necessary equipment. The organization's broader objectives include encouraging good sportsmanship, fostering a better understanding of hockey, and increasing participation, support, and attendance at hockey games and events, particularly amongst the youth of Minot. By doing so, they aim to establish Minot as a hub for winter sports in northwestern North Dakota.


Official website here: www.minothockey.com

What are the reviews and ratings of this charity?

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

Minot Hockey Boosters Inc has received a Two-Star rating from Charity Navigator, indicating that the organization is in need of improvement in various areas. While the organization excels in maintaining a high percentage of independent board members and demonstrates a low liabilities to assets ratio, it struggles with accountability due to missing financial statements and several essential policies such as conflict of interest and whistleblower policies.

The organization shows a commendable program expense ratio of 82.16%, indicating that a significant portion of its budget is allocated directly to its programs. However, the absence of required financial documentation and policies raises concerns about transparency and governance practices. This lack of documentation likely contributes to the overall lower rating, highlighting the need for enhanced oversight and improved operational practices.

Overall, while Minot Hockey Boosters Inc is actively engaging in its initiatives and managing its financial health well, the gaps in accountability and governance should be addressed to foster trust and reliability among supporters and stakeholders.


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

What do the Facebook reviews say about Minot Hockey Boosters Inc?

Minot Hockey Boosters Inc has started to build a positive reputation, as indicated by the early reviews it has received. The collaboration with local businesses, such as the Microtel Inn & Suites, showcases the organization's community involvement and support. One review highlights the pleasure of working with MHB and expresses excitement about hosting teams, signaling a welcoming atmosphere for participants.

Although the nonprofit has not yet accumulated a significant number of ratings, the sentiments expressed so far suggest that it has the potential to foster strong community ties and engage effectively with local supporters. The good luck wishes for the upcoming season further emphasize optimism among partners.

Overall, the initial feedback indicates a promising start for Minot Hockey Boosters Inc, with enthusiasm from local businesses hinting at a positive impact on the hockey community in Minot. As more participants and supporters share their experiences, it will be interesting to see how this sentiment develops.


This AI summary has been generated from reviews found on Facebook.

Is Minot Hockey Boosters Inc legitimate?

Minot Hockey Boosters Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minot Hockey Boosters 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: $199,734
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.minothockey.com

What is the mission statement of Minot Hockey Boosters Inc?

The mission of Minot Hockey Boosters Inc. is primarily focused on promoting youth hockey. They aim to organize and encourage participation in the sport, fostering good sportsmanship and a better understanding of hockey among its participants. The organization also strives to promote attendance at hockey games and events, particularly among young people. Additionally, Minot Hockey Boosters Inc. works towards establishing Minot as a notable winter sports center in northwestern North Dakota by providing facilities such as rinks and arenas, coaches, referees, and necessary equipment.


Official website here: www.minothockey.com

Who is the CEO of Minot Hockey Boosters Inc?

Jeremy Ackerman is the President of Minot Hockey Boosters Inc.


Official website here: www.minothockey.com

What is the revenue of Minot Hockey Boosters Inc?

Minot Hockey Boosters Inc's revenue in 2022 was $1,899,211.


Official website here: www.minothockey.com

Who are the executives of Minot Hockey Boosters Inc and what are their salaries?

The average compensation at Minot Hockey Boosters Inc during 2022 was $4,342. There are 46 employees and 575 volunteers at Minot Hockey Boosters Inc.


Here are 14 key members and their salaries:


Jeremy Ackerman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandi Fjeld (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Sem (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Sem (Secretary)
  • Compensation: $115,836
  • Related: $0
  • Other: $1,625
Stephen Packulak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Richeson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jersey Benson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Rolli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Berube (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Kirkhammer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Hansen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Ell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Bauman (Program Director)
  • Compensation: $85,448
  • Related: $0
  • Other: $0


Official website here: www.minothockey.com

Where can I find the form 990 for Minot Hockey Boosters Inc?

Minot Hockey Boosters Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.minothockey.com

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

Mission Statement of Minot Hockey Boosters Inc

Minot Hockey Boosters Inc, as an organization, is primarily dedicated to promoting youth hockey. Their mission encompasses several key aspects. They aim to foster a love for skating and hockey among the younger generation. Moreover, they strive to instill good sportsmanship and a deeper understanding of the sport within the community, particularly among the youth of Minot, North Dakota.

In their efforts to promote youth hockey, Minot Hockey Boosters Inc takes an active role. They organize hockey leagues, ensuring that necessary facilities such as rinks and arenas are available. Furthermore, they provide coaches, referees, and equipment to support the players' development. The ultimate goal is to encourage participation, support, and attendance at hockey games and events, particularly among the young people of Minot. By doing so, they aim to establish Minot as a hub for winter sports in northwestern North Dakota.

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Impact




July, 2024

Minot Hockey Boosters Inc has a significant impact on the youth in Minot, North Dakota by promoting skating and hockey, fostering good sportsmanship, and encouraging participation in hockey games and events. By organizing leagues, providing rinks and arena facilities, coaches, referees, and equipment, this organization creates opportunities for young people to engage in physical activity, develop athletic skills, and build teamwork and discipline. Additionally, by promoting Minot as the winter sports center of northwestern North Dakota, Minot Hockey Boosters Inc contributes to the local community's overall well-being and reputation as a hub for winter sports enthusiasts.




This information is meant to be a general summary of Minot Hockey Boosters 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
$1,899,211 (2022)
Expenses
$930,256 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $29,322
  • Program Service Revenue: $265,924
  • Gross Receipts: $5,282,854

Assets and Liabilities:

  • Total Assets: $3,435,728
  • Total Liabilities: $209,196
  • Net Assets: $3,226,532

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Programs

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

REGISTRATION

Revenue

$265,924

Organization Details

Founding Year

1972

Principal Officer

Jeremy Ackerman

Main Address

2501 BURDICK EXPY W, MINOT, ND, 58701

NTEE Category

Code: N68I - Recreation

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