Overview
What is Minneapolis Hockey Association Inc?
Minneapolis Hockey Association Inc, operating under the name Washburn Amateur Hockey Association, is a nonprofit organization situated in Minneapolis, Minnesota. With a team of 23 dedicated individuals, they offer ice hockey opportunities to approximately 650 young boys and girls. The association provides essential resources such as rented ice time, equipment, and funding for various team expenses. Through instruction, practices, clinics, tournaments, and leagues, they enable these young athletes to develop their skills and enjoy the sport. The Minneapolis Hockey Association Inc's mission is to foster a passion for ice hockey and provide an inclusive environment for youth to grow and thrive in the sport.
Official website here: www.mplshockey.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)
The Minneapolis Hockey Association Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of performance in terms of accountability and finance. The charity boasts an impressive majority of independent board members at 93%, alongside a strong financial oversight structure, which is essential for ensuring proper management of resources. Additionally, the organization maintains a low liabilities to assets ratio of 7.58%, highlighting its financial stability.
Despite these strengths, the organization has notable weaknesses in its governance practices, specifically the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Furthermore, the charity has not posted its tax form on its website, which could hinder transparency and stakeholder trust.
The program expense ratio is commendable at 89.76%, showing that a significant portion of the charity's budget is directed towards its programs rather than administrative costs. Overall, while the Minneapolis Hockey Association Inc demonstrates solid financial management, addressing the identified governance gaps would enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Minneapolis Hockey Association Inc legitimate?
Minneapolis Hockey Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minneapolis Hockey Association 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.
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For more financial information, click here
Official website here: www.mplshockey.com
What is the mission statement of Minneapolis Hockey Association Inc?
The Minneapolis Hockey Association Inc, through its mission, aims to offer ice hockey opportunities to approximately 650 young boys and girls. This is achieved by providing them with instruction, practices, clinics, tournaments, and leagues. By doing so, the association aims to foster their love for the sport and enhance their skills. The program also covers the expenses related to rented ice time, equipment, and other team-related costs, ensuring that these opportunities are accessible to a wide range of individuals. The association's activities are geared towards providing a comprehensive learning environment for young hockey enthusiasts, thereby fostering their passion and skill development in the sport.
Official website here: www.mplshockey.com
Who is the CEO of Minneapolis Hockey Association Inc?
Tim Hanson is the President of Minneapolis Hockey Association Inc.
Official website here: www.mplshockey.com
What is the revenue of Minneapolis Hockey Association Inc?
Minneapolis Hockey Association Inc's revenue in 2022 was $1,228,760.
Official website here: www.mplshockey.com
Who are the executives of Minneapolis Hockey Association Inc and what are their salaries?
There are 23 employees and 709 volunteers at Minneapolis Hockey Association Inc.
Here are 28 key members and their salaries:
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Official website here: www.mplshockey.com
Where can I find the form 990 for Minneapolis Hockey Association Inc?
Minneapolis Hockey Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mplshockey.com
Learn more at the official website: www.mplshockey.com
Mission Statement of Minneapolis Hockey Association Inc
The Minneapolis Hockey Association Inc is committed to offering ice hockey opportunities for approximately 650 boys and girls. Through their initiatives, they provide instruction, practices, clinics, tournaments, and leagues, ensuring that these young individuals have ample opportunities to engage with the sport. Their mission is to equip these young hockey enthusiasts with the necessary skills and experiences, fostering a love for the sport and promoting teamwork and camaraderie. To support this endeavor, the association covers rented ice time, equipment, and other team expenses, ensuring that financial barriers do not hinder a child's participation in youth hockey teams.
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Impact
July, 2024
Minneapolis Hockey Association Inc's impact is significant in providing ice hockey opportunities to approximately 650 boys and girls. By offering instruction, practices, clinics, tournaments, and leagues, the organization plays a crucial role in promoting youth participation in the sport. Through the provision of rented ice time, equipment, and other team expenses, Minneapolis Hockey Association Inc ensures that young players have access to the resources they need to develop their skills and enjoy the benefits of playing hockey. This not only contributes to the physical well-being of the participants but also fosters a sense of camaraderie, sportsmanship, and teamwork among them. Ultimately, Minneapolis Hockey Association Inc's efforts in promoting youth ice hockey in Minneapolis, MN have a positive impact on the community and help create opportunities for young individuals to engage in recreational and competitive sports.
This information is meant to be a general summary of Minneapolis Hockey Association 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: $10
- Program Service Revenue: $1,024,404
- Gross Receipts: $13,155,804
Assets and Liabilities:
- Total Assets: $714,831
- Total Liabilities: $50,606
- Net Assets: $664,225
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT FEES
Revenue
$949,585
TOURNAMENT INCOME
Revenue
$73,769
OTHER INCOME
Revenue
$1,050
Organization Details
Founding Year
1973
Phone
(612) 928-9137Principal Officer
Tim Hanson
Main Address
413 WEST 60TH STREET, MINNEAPOLIS, MN, 55419
Website
www.mplshockey.comNTEE Category
Code: N68Z - Recreation
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