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Hov Recreational Foundation

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

EIN: 471273758 ✦ Ada, MN ✦ Designated as a 501(c)(3)

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Overview

What is Hov Recreational Foundation?

The Hov Recreational Foundation, situated in Ada, MN, is a nonprofit organization dedicated to nurturing the youth of the community. Its primary focus is on teaching and fostering an appreciation for golf, while simultaneously imparting essential business skills. The foundation emphasizes the importance of running a small business and maintaining its assets. Furthermore, it provides hands-on training in operating small equipment and managing a small enterprise. This holistic approach aims to equip the youth with a diverse set of skills, promoting their overall development.

Is Hov Recreational Foundation legitimate?

Hov Recreational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hov Recreational Foundation submitted a form 990EZ, 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.

What is the mission statement of Hov Recreational Foundation?

The Hov Recreational Foundation's mission is centered around supporting and educating the community's youth. It achieves this by teaching the sport of golf and imparting knowledge on managing a small business and preserving its assets. Moreover, the foundation focuses on training young individuals for recreational purposes, including the operation of small equipment. The organization's objectives extend beyond golf, as it also aims to equip the youth with business management skills.

Who is the CEO of Hov Recreational Foundation?

David Stene is the President of Hov Recreational Foundation.

What is the revenue of Hov Recreational Foundation?

Hov Recreational Foundation's revenue in 2021 was $25,439.

Who are the executives of Hov Recreational Foundation and what are their salaries?


Here are 4 key members and their salaries:


David Stene (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Marcussen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garrett Gundrson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Engel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Hov Recreational Foundation?

Hov Recreational Foundation's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Hov Recreational Foundation

The Hov Recreational Foundation is dedicated to supporting and educating the local youth community. Its primary focus is on teaching the art of golf and instilling in the young individuals a passion for the sport. Beyond golf, the organization also aims to impart knowledge on the essentials of running a small business and managing its assets. By doing so, the Hov Recreational Foundation equips the youth with valuable skills that can be applied in various aspects of their lives. Moreover, the foundation places emphasis on recreational training, enabling the youth to operate small equipment and manage small-scale enterprises effectively. Overall, the Hov Recreational Foundation serves as a nurturing ground for the community's youth, fostering their growth and development in both golf and entrepreneurship.

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Impact




August, 2024

The Hov Recreational Foundation makes a positive impact on the youth of our community by providing educational opportunities focused on golf, small business operations, and recreational skills. Through their programs, young people learn valuable skills necessary for success in life, such as operating small equipment and managing a business. By nurturing and educating the youth in our community, the foundation contributes to their personal growth and development, preparing them for future endeavors.




This information is meant to be a general summary of Hov Recreational Foundation. 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
$25,439 (2021)
Expenses
$200 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $155,064

Assets and Liabilities:

  • Total Assets: $24,759
  • Total Liabilities: $1,350
  • Net Assets: $23,409

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Organization Details

Principal Officer

David Stene

Main Address

1949 COUNTY HIGHWAY 35, ADA, MN, 56510

NTEE Category

Code: O50 - Youth development

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