Northern Colorado Youth Hockey

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

EIN: 841033744 ✦ Timnath, CO ✦ Designated as a 501(c)(3)

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Overview

What is Northern Colorado Youth Hockey?

Northern Colorado Youth Hockey is a nonprofit organization situated in Fort Collins, Colorado. Their primary purpose is to offer hockey education and competition for both young and adult individuals living in the northern region of Colorado. They are committed to providing youth and amateur ice hockey instruction, ensuring a nurturing environment that fosters sportsmanship among players, coaches, and officials. With a dedicated workforce of 17 individuals, the organization strives to promote a love for the sport and develop well-rounded athletes.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 52% (One-Star out of Four Stars)

Northern Colorado Youth Hockey has received a low rating of 52% from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The organization has not demonstrated a majority of independent board members, and its financial statements lack transparency, which raises questions about governance and oversight.

Despite these challenges, the nonprofit does excel in certain areas, such as having a high program expense ratio of 89.09%, indicating that a substantial portion of its spending goes directly to its programs. Furthermore, it has a solid score in managing liabilities, with a favorable liabilities to assets ratio of 42.95%. However, the absence of essential governance policies, including conflict of interest and whistleblower protections, suggests a need for improvement in internal controls.

Overall, while Northern Colorado Youth Hockey shows commitment to its mission through program expenditure, the organization must address its governance and financial transparency issues to build trust and ensure better accountability for its stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Northern Colorado Youth Hockey legitimate?

Northern Colorado Youth Hockey is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northern Colorado Youth Hockey 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: $735,631

For more financial information, click here

What is the mission statement of Northern Colorado Youth Hockey?

Northern Colorado Youth Hockey's mission is to deliver hockey education and competitive opportunities for youth players, fostering sportsmanship among players, coaches, and officials. Their primary objective is to promote a positive and inclusive environment for the growth and development of young ice hockey enthusiasts. They strive to provide hockey instruction and organize competitions for both youth and adult participants in Northern Colorado.

What is the revenue of Northern Colorado Youth Hockey?

Northern Colorado Youth Hockey's revenue in 2024 was $2,422,731.

Who are the executives of Northern Colorado Youth Hockey and what are their salaries?

The average compensation at Northern Colorado Youth Hockey during 2024 was $35,030. There are 21 employees at Northern Colorado Youth Hockey.

Here are 3 key members and their salaries:


Erik Knudsen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cameron L Aldridge (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Peal (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Northern Colorado Youth Hockey?

Northern Colorado Youth Hockey's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Northern Colorado Youth Hockey

Northern Colorado Youth Hockey, in its mission, is dedicated to providing hockey education and competition for young and amateur players. The organization aims to foster sportsmanship among players, coaches, and officials, ensuring a positive and inclusive environment for all involved. By offering hockey instruction and opportunities for competition, Northern Colorado Youth Hockey seeks to develop well-rounded athletes and individuals who value fair play and teamwork.

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Impact




July, 2024

Northern Colorado Youth Hockey has a significant impact on the community by providing youth and amateur ice hockey instruction and competition opportunities in the region. Through its programs, it helps develop the skills and sportsmanship of young players while fostering a love for the game in both youth and adults in Northern Colorado. With a mission focused on hockey education and competition, Northern Colorado Youth Hockey plays a vital role in promoting the sport and creating a positive and supportive environment for all participants, including players, coaches, and officials.




This information is meant to be a general summary of Northern Colorado Youth Hockey. 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
$2,422,731 (2024)
Expenses
$2,058,646 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $2,151,351
  • Gross Receipts: $2,422,731

Assets and Liabilities:

  • Total Assets: $3,150,473
  • Total Liabilities: $1,353,402
  • Net Assets: $1,797,071

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION/FEES

Revenue

$2,121,733

ICE RENTAL

Revenue

$24,975

TOURNAMENT FEES

Revenue

$8,932

LESS REFUNDS GIVEN TO MEMBERS

Revenue

-$4,289

Organization Details

Founding Year

1986

Principal Officer

Erik Knudsen

NTEE Category

Code: N68 - Recreation

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