Overview
What is Usa Hockey Foundation?
The USA Hockey Foundation is a charitable and educational non-profit organization based in Colorado Springs, Colorado. Its primary mission is to financially support USA Hockey, Inc., with a focus on enhancing its activities and promoting the growth of amateur hockey across the United States. The foundation achieves this by providing long-term funding and granting resources to affiliated 501(c)(3) entities. The organization's goals include supporting USA Hockey's mission, funding education and training for high-performance athletes, and encouraging greater participation in the sport at the amateur level. With a team of 86 employees, the USA Hockey Foundation aims to raise funds and acquire assets in support of USA Hockey's efforts to provide a safe and enjoyable learning and playing experience for all its participants.
Official website here: www.usahockeyfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star Rating
The Usa Hockey Foundation has achieved an impressive Four-Star rating from Charity Navigator, highlighting its strong performance in accountability and finance, leadership, and community engagement. The foundation excels in financial management, evidenced by its high program expense ratio of 87.49% and a low fundraising efficiency ratio of $0.05, indicating effective use of funds for its mission.
The organization boasts a fully independent board (94% independent members), which enhances its governance and oversight capabilities. Furthermore, it scores exceptionally well in its leadership and adaptability, reflecting a commitment to continuous improvement and investment in leadership development.
Despite its strengths, the foundation maintains transparency and accountability through rigorous policies such as conflict of interest and whistleblower protections. Overall, the Usa Hockey Foundation stands out as a reliable nonprofit dedicated to promoting hockey and supporting the community with effective financial stewardship and strong leadership.
This AI summary has been generated from information found on Charity Navigator.
Is Usa Hockey Foundation legitimate?
Usa Hockey Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Usa Hockey Foundation 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: $2,316,914
For more financial information, click here
Official website here: www.usahockeyfoundation.com
What is the mission statement of Usa Hockey Foundation?
The USA Hockey Foundation serves as a charitable and educational non-profit organization, dedicated to financially supporting USA Hockey, Inc. and fostering the growth of amateur hockey in the United States. Its primary objectives include enhancing USA Hockey's mission and activities, providing funding for the education and training of high-performance athletes, and encouraging greater participation in the sport. The foundation raises funds and acquires assets for USA Hockey, Inc., an exempt organization, to promote a safe and enjoyable experience for all participants and enthusiasts, and to support the expansion of hockey programs at the amateur level. Additional funding is distributed to affiliated 501(c)(3) entities.
Official website here: www.usahockeyfoundation.com
What is the revenue of Usa Hockey Foundation?
Usa Hockey Foundation's revenue in 2024 was $17,302,075.
Official website here: www.usahockeyfoundation.com
Who are the executives of Usa Hockey Foundation and what are their salaries?
The average compensation at Usa Hockey Foundation during 2024 was $18,243. There are 127 employees and 20 volunteers at Usa Hockey Foundation.
Here are 20 key members and their salaries:
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- Related: $427,837
- Other: $67,674
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- Related: $261,872
- Other: $57,869
- Compensation: $166,489
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- Other: $28,079
Official website here: www.usahockeyfoundation.com
Where can I find the form 990 for Usa Hockey Foundation?
Usa Hockey Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.usahockeyfoundation.com
Learn more at the official website: www.usahockeyfoundation.com
Mission Statement of Usa Hockey Foundation
The USA Hockey Foundation is a charitable and educational non-profit corporation that generously supports USA Hockey, Inc. by raising funds and acquiring assets. This organization's primary goals are to enhance USA Hockey's mission and activities, provide funding for education and training of high performance athletes, and encourage greater participation in amateur hockey throughout the United States. By doing so, the USA Hockey Foundation is instrumental in nurturing the growth of hockey at the grassroots level.
In essence, the USA Hockey Foundation serves as a crucial financial backbone for USA Hockey, Inc., an exempt organization dedicated to creating a safe and enjoyable learning and playing experience for all. The Foundation's resources extend beyond direct support for USA Hockey, with block grants being provided to affiliated 501(c)(3) entities. This multifaceted approach ensures that hockey programs across the nation have the necessary resources to thrive. The USA Hockey Foundation's commitment to the development of amateur hockey in the United States is a testament to its unwavering dedication to the sport and the communities it serves.
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Impact
October, 2024
The USA Hockey Foundation significantly impacts the growth and development of amateur hockey in the United States. By providing long-term financial support for USA Hockey, it enhances programs that focus on the education and training of high-performance athletes, ensuring they have the resources necessary to excel in their sport.
In addition to funding educational initiatives, the foundation creates opportunities for broader participation in hockey across the country. This inclusive approach fosters a safe and enjoyable environment for players of all ages and skill levels, which is essential for nurturing future talent in the sport. Through partnerships and grants to affiliated organizations, the USA Hockey Foundation extends its reach, empowering local communities to develop their own hockey programs.
Overall, the foundation plays a crucial role in promoting the sport, facilitating participation, and ensuring that the core values of teamwork, discipline, and enjoyment are ingrained in all aspects of hockey activities.
This information is meant to be a general summary of Usa Hockey 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $454,824
- Program Service Revenue: $3,193,058
- Gross Receipts: $19,590,048
Assets and Liabilities:
- Total Assets: $49,949,218
- Total Liabilities: $12,690,955
- Net Assets: $37,258,263
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ICE & SKATING FEES
Revenue
$2,137,204
TICKET REVENUE
Revenue
$666,179
RELATED PARTY RENTAL INCOME
Revenue
$367,500
SPECIAL EVENTS
Revenue
$22,175
Organization Details
Founding Year
1989
Principal Officer
Michael Trimboli
Website
www.usahockeyfoundation.comNTEE Category
Code: N68 - Recreation
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