Overview
What is Des Moines Youth Hockey Association Inc?
Des Moines Youth Hockey Association Inc is a nonprofit organization established in Grimes, Iowa, primarily focusing on promoting winter sports for youth. Last year, they reported a revenue of $646,701. The organization's mission encompasses providing a platform for young athletes to engage in hockey activities, fostering a sense of camaraderie and skill development. While the information does not specify additional programs or services, it is clear that Des Moines Youth Hockey Association Inc plays a significant role in the local community, offering winter sports opportunities for its youth population.
Official website here: www.dmyha.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Star Rating (73%)
The Des Moines Youth Hockey Association Inc has received a two-star rating from Charity Navigator, indicating that there is room for improvement in its operations and governance. The organization scored 73% overall, reflecting strengths in areas such as having a fully independent board and a strong program expense ratio of 95.05%, which suggests a significant portion of their funds is directed towards their mission-related activities.
However, the organization has notable weaknesses, particularly in its accountability and transparency practices. While they have a conflict of interest policy and maintain documentation of board meeting minutes, they lack a whistleblower policy and a document retention and destruction policy, which are important for ensuring ethical operations and safeguarding against potential misuse of information. These gaps could raise concerns among stakeholders regarding the organization’s commitment to best practices in governance.
Despite these limitations, the Des Moines Youth Hockey Association appears to operate with a healthy financial structure, as evidenced by their 0.00% liabilities to assets ratio. Nevertheless, addressing the noted deficiencies in policies and procedures will be crucial for improving their overall rating and fostering greater trust among donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Des Moines Youth Hockey Association Inc legitimate?
Des Moines Youth Hockey Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Des Moines Youth 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $82,390
For more financial information, click here
Official website here: www.dmyha.com
What is the mission statement of Des Moines Youth Hockey Association Inc?
The Des Moines Youth Hockey Association's mission is centered around promoting a youth hockey association. They provide a platform for winter sports activities, aiming to foster a youth hockey community. While specific details about the organization's goals beyond promoting the sport are not provided in the data, it can be inferred that they strive to create an engaging and enriching experience for the youth involved. The association reported generating a revenue of $646,701 last year, indicating a strong commitment to its operations. However, the exact focus of this revenue or its utilization towards the association's mission remains unclear from the provided information.
Official website here: www.dmyha.com
Who is the CEO of Des Moines Youth Hockey Association Inc?
Tyler Lainson is the President of Des Moines Youth Hockey Association Inc.
Official website here: www.dmyha.com
What is the revenue of Des Moines Youth Hockey Association Inc?
Des Moines Youth Hockey Association Inc's revenue in 2022 was $1,073,652.
Official website here: www.dmyha.com
Who are the executives of Des Moines Youth Hockey Association Inc and what are their salaries?
The average compensation at Des Moines Youth Hockey Association Inc during 2022 was $82,390. There is 1 employee and 110 volunteers at Des Moines Youth Hockey Association Inc.
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Official website here: www.dmyha.com
Where can I find the form 990 for Des Moines Youth Hockey Association Inc?
Des Moines Youth Hockey Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dmyha.com
Learn more at the official website: www.dmyha.com
Mission Statement of Des Moines Youth Hockey Association Inc
The Des Moines Youth Hockey Association, in its mission, promotes the growth and development of youth hockey. This nonprofit organization offers a platform for young individuals to engage in winter sports, fostering a sense of camaraderie and teamwork. Last year, the Des Moines Youth Hockey Association generated a substantial revenue of $646,701, reflecting the popularity and involvement of the community in its activities.
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Impact
July, 2024
Des Moines Youth Hockey Association Inc, through its promotion of youth hockey, positively impacts the community by providing opportunities for young individuals to engage in winter sports. Last year, the organization generated $646,701 in revenue, contributing to the local economy. Located in Grimes, IA, the association plays a significant role in fostering a love for hockey and promoting physical activity among youth in the area.
This information is meant to be a general summary of Des Moines Youth 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: $228
- Program Service Revenue: $1,036,965
- Gross Receipts: $1,073,652
Assets and Liabilities:
- Total Assets: $195,269
- Total Liabilities: $0
- Net Assets: $195,269
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$1,036,965
Organization Details
Founding Year
2003
Phone
(515) 250-3575Principal Officer
Tyler Lainson
Main Address
PO BOX 826, GRIMES, IA, 50111
Website
www.dmyha.comNTEE Category
Code: N68 - Recreation
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