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Magnuson Park Center For Excellence

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

EIN: 475063966 ✦ Mountlake terrace, WA ✦ Designated as a 501(c)(3)

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Overview

What is Magnuson Park Center For Excellence?

Magnuson Park Center for Excellence, doing business as Hangar 2, is a nonprofit organization situated in Mountlake Terrace, Washington. Its mission is to provide diverse athletic, technology, and arts activities to all children, fostering learning, socialization, and play opportunities. In an effort to level the playing field, Hangar 2 made significant strides in 2022, working towards transforming Magnuson Park Hangar 2 into an outdoor neighborhood center. This project required the completion of entitlement procedures and the collection of a $6 million investment.


Official website here: www.hangar2.org

Is Magnuson Park Center For Excellence legitimate?

Magnuson Park Center For Excellence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magnuson Park Center For Excellence 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.


Official website here: www.hangar2.org

What is the mission statement of Magnuson Park Center For Excellence?

Magnuson Park Center of Excellence, operating as Hangar 2, is committed to providing diverse activities in athletics, technology, and arts for children. The objective is to create learning, socialization, and play opportunities, ultimately aiming to level the playing field for all children. In 2022, Hangar 2 made significant strides towards transforming Magnuson Park's Hangar 2 into an outdoor neighborhood center, focusing on obtaining necessary entitlements and raising the required $6 million.


Official website here: www.hangar2.org

Who is the CEO of Magnuson Park Center For Excellence?

Unavailable


Official website here: www.hangar2.org

What is the revenue of Magnuson Park Center For Excellence?

Magnuson Park Center For Excellence's revenue in 2022 was $47,341.


Official website here: www.hangar2.org

Who are the executives of Magnuson Park Center For Excellence and what are their salaries?


Here are 5 key members and their salaries:


William Chao (Board Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kris Snider (Board Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Hickey (Board Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Gray (Board Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Roberts (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hangar2.org

Where can I find the form 990EZ for Magnuson Park Center For Excellence?

Magnuson Park Center For Excellence's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.hangar2.org

Learn more at the official website: www.hangar2.org

Mission Statement of Magnuson Park Center For Excellence

Magnuson Park Center for Excellence, known as Hangar 2, is a nonprofit organization with a mission to provide athletic, technological, and artistic activities for all children. Its goal is to create learning, socialization, and play opportunities, aiming to level the playing field for every child. In 2022, Hangar 2 made significant strides in its mission by working on the redevelopment of Magnuson Park Hangar 2 into an outdoor neighborhood center. This ambitious project required the raising of $6 million, a challenge the organization successfully began to tackle. By offering a wide range of activities, Hangar 2 aims to foster the holistic development of children, ensuring they have the opportunity to grow, learn, and engage in a safe and inclusive environment.

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Impact




August, 2024

Hangar 2 strives to provide diverse athletic, technology, and arts activities to children with the goal of fostering education, socialization, and play opportunities. By aiming to level the playing field for all kids, this organization's impact extends to enhancing the overall well-being and development of young individuals in the Mountlake Terrace, WA area. In 2022, Hangar 2 took significant steps towards redeveloping Magnuson Park Hangar 2 into an outdoor neighborhood center by making progress on entitlement processes and raising the necessary $6 million. This effort underscores the organization's commitment to creating a vibrant and inclusive community space for children to learn, explore, and engage in recreational activities.




This information is meant to be a general summary of Magnuson Park Center For Excellence. 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
$47,341 (2022)
Expenses
$72,077 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $27
  • Gross Receipts: $47,341

Assets and Liabilities:

  • Total Assets: $12,804
  • Total Liabilities: $25,157
  • Net Assets: -$12,353

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Organization Details

Main Address

co NSA 22313 70th Ave W Ste U1A, Mountlake Terrace, WA, 98043

NTEE Category

Code: N32 - Recreation

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