Northboro Youth Hockey Program Inc
- Assets
- $6.2m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 23
- Location
- Westborough, MA
- Founding
- 03/1977
- Data as of
- 05/2023
- EIN
- 04-2598584
Organization Overview
Northboro Youth Hockey Program Inc is located in Westborough, MA. The organization was established in 1977. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. As of 05/2023, Northboro Youth Hockey Program Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northboro Youth Hockey Program Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2023, Northboro Youth Hockey Program Inc generated $2.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $2.5m during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A NONPROFIT THAT IS DEDICATED TO THE PROMOTION OF THE SPORTS OF HOCKEY AND FIGURE SKATING. THE PRIMARY OBJECTIVE AND PURPOSE OF THE ORGANIZATION IS TO PROVIDE SAFE, LOW-COST SKATING PROGRAMS TO THE LOCAL COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NORTHSTAR ICE SPORTS - A TRIPLE ICE SURFACE SKATING FACILITY DEDICATED TO PROVIDING THE YOUTH AND ADULTS OF THE LOCAL COMMUNITIES WITH A SAFE, CLEAN, MODERN FACILITY FOR PUBLIC SKATING, FIGURE SKATING, YOUTH HOCKEY, HIGH SCHOOL AND SENIOR SKATERS. THE ORGANIZATION STRIVES TO PROVIDE USE OF THE FACILITIES AT THE LOWEST POSSIBLE COST.
JIM FLANAGAN FUND IS A SCHOLARSHIP PROGRAM FOR SECONDARY EDUCATION AWARDED ANNUALLY TO HIGH SCHOOL SENIORS FROM NORTHBORO, MA. THE SCHOLARSHIPS ARE AWARDED BY A COMMITTEE INDEPENDENT OF THE GOVERNING BOARD AND COORDINATED THROUGH LOCAL HIGH SCHOOLS.REVIEW AND SELECTION PROCESS - THE COMMITTEE EVALUATES AND DISCUSSES EACH APPLICATION. JIM FLANAGAN'S PHILOSOPHY IS FOLLOWED BY NOT ALWAYS GIVING TO THE SUPERSTARS, BUT TO HARD WORKING, DESERVING STUDENTS. A LIST OF FINALISTS IS PREPARED. THE HEAD OF THE GUIDANCE DEPARTMENT AT ALGONQUIN REGIONAL HIGH SCHOOL IS CONSULTED REGARDING THE CHARACTER AND THE NUMBER OF OTHER SCHOLARSHIPS THAT WILL BE GIVEN TO A STUDENT. WE PREFER NOT TO GIVE TO SOMEONE WHO WILL RECEIVE SEVERAL OTHER AWARDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Marco Clerk & Directo | OfficerTrustee | 40 | $134,364 |
Craig Boutilier Rink Manager | 40 | $108,728 | |
Mark Macauley Director | Trustee | 0 | $0 |
Jon Lien Treasurer & Dir | OfficerTrustee | 0 | $0 |
Jt Kelley Director | Trustee | 0 | $0 |
Marvin Degon Director | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Northstar Hockey Officials Association Inc Referee/scorekeeping | 5/30/22 | $135,000 |
Northeast Distributors Inc Hvac Contractor | 5/30/22 | $135,459 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $710 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $710 |
| Total Program Service Revenue | $2,417,416 |
| Investment income | $14,397 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,950 |
| Net Gain/Loss on Asset Sales | $1,800 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $223 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,441,494 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,025 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $150,634 |
| Compensation of current officers, directors, key employees. | $60,254 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $650,251 |
| Pension plan accruals and contributions | $17,072 |
| Other employee benefits | $48,926 |
| Payroll taxes | $62,841 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,183 |
| Fees for services: Accounting | $33,148 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,979 |
| Office expenses | $31,056 |
| Information technology | $28,413 |
| Royalties | $0 |
| Occupancy | $379,879 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $42,500 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $249,041 |
| Insurance | $131,227 |
| All other expenses | $15,906 |
| Total functional expenses | $2,480,031 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,152 |
| Savings and temporary cash investments | $1,002,053 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $82,836 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $90,346 |
| Net Land, buildings, and equipment | $4,723,973 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $99,569 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,248,929 |
| Accounts payable and accrued expenses | $111,311 |
| Grants payable | $0 |
| Deferred revenue | $378,526 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $950,557 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,440,394 |
| Net assets without donor restrictions | $4,808,535 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,248,929 |