Overview
What is Ridge Ice Hockey Association Inc?
Ridge Ice Hockey Association Inc, located in Basking Ridge, New Jersey, is a nonprofit organization primarily dedicated to supporting and serving the Ridge High School hockey team. Their mission revolves around fundraising to provide comprehensive sports training opportunities for the students. Operating from a PO Box, they work tirelessly to ensure that the team has access to the necessary resources and facilities for their development.
Official website here: www.ridgehockey.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Star rating)
The Ridge Ice Hockey Association Inc has received a 56% rating from Charity Navigator, indicating concerns regarding its accountability and financial management. With a one-star rating, the organization has shown deficiencies in independent governance, scoring 0% for majority independent board members and 0 out of 10 points for independent board size. While there are no reported material diversions of assets and a solid program expense ratio of 100%, the lack of independent oversight raises questions about the organization's governance practices.
Further analysis reveals that the organization is missing critical policies, including a conflict of interest policy and a whistleblower policy, which are essential for promoting transparency and accountability. The absence of these policies, combined with a lack of independent board members, suggests a need for significant improvement in governance structures. However, the organization does maintain proper documentation for board meeting minutes and has listed its website on the tax form, which are positives in terms of transparency.
Overall, while the Ridge Ice Hockey Association Inc demonstrates a commitment to program expenses, the concerning lack of independent oversight and missing governance policies highlight areas that require urgent attention to enhance accountability and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Ridge Ice Hockey Association Inc legitimate?
Ridge Ice Hockey Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ridge Ice 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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Official website here: www.ridgehockey.net
What is the mission statement of Ridge Ice Hockey Association Inc?
The Ridge Ice Hockey Association Inc's mission is centered around fundraising with the primary objective of providing comprehensive sports training to students. This non-profit organization strives to support the Ridge High School hockey team, contributing to their development and skill enhancement in the sport. By raising funds, they aim to ensure that students have access to quality hockey training, fostering a sense of team spirit and camaraderie.
Official website here: www.ridgehockey.net
Who is the CEO of Ridge Ice Hockey Association Inc?
Marv Helgeson is the President of Ridge Ice Hockey Association Inc.
Official website here: www.ridgehockey.net
What is the revenue of Ridge Ice Hockey Association Inc?
Ridge Ice Hockey Association Inc's revenue in 2023 was $58,094.
Official website here: www.ridgehockey.net
Who are the executives of Ridge Ice Hockey Association Inc and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.ridgehockey.net
Where can I find the form 990 for Ridge Ice Hockey Association Inc?
Ridge Ice Hockey Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ridgehockey.net
Learn more at the official website: www.ridgehockey.net
Mission Statement of Ridge Ice Hockey Association Inc
The Ridge Ice Hockey Association Inc, as a nonprofit organization, is committed to raising funds with the primary objective of providing comprehensive sports training to students. By undertaking this mission, the association aims to support and serve the Ridge High School hockey team, fostering their athletic growth and development. This mission embodies the Association's dedication to nurturing young talents in the realm of ice hockey, thereby contributing to their overall personal and team success.
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Impact
August, 2024
Ridge Ice Hockey Association Inc's impact can be seen in the significant support and service it provides to the Ridge High School hockey team in Basking Ridge, NJ. By raising funds to provide sports training to students, the association plays a crucial role in enhancing the athletic development and opportunities available to young athletes in the community. This support not only benefits the individual players but also contributes to the overall spirit of recreation and competitiveness within the area.
This information is meant to be a general summary of Ridge Ice 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 2023.
- Investment Income: $140
- Program Service Revenue: $44,036
- Gross Receipts: $58,094
Assets and Liabilities:
- Total Assets: $121,649
- Total Liabilities: $350
- Net Assets: $121,299
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$44,036
Organization Details
Founding Year
1995
Phone
(609) 647-2095Principal Officer
Marv Helgeson
Main Address
PO Box 132, Basking Ridge, NJ, 07920
Website
www.ridgehockey.netNTEE Category
Code: N68 - Recreation
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