Detroit Red Wings Alumni Association Inc is located in Detroit, MI. The organization was established in 2006. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Detroit Red Wings Alumni Association 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 06/2022, Detroit Red Wings Alumni Association Inc generated $124.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $152.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO UNITE THROUGH HOCKEY, RAISE FUNDS FOR THOSE IN NEED, AND LEAVE A LASTING IMPACT IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MISSION IS TO UNITE THROUGH HOCKEY, RAISE FUNDS FOR THOSE IN NEED, AND LEAVE A LASTING IMPACT IN OUR COMMUNITY.
OUR MISSION IS TO UNITE THROUGH HOCKEY, RAISE FUNDS FOR THOSE IN NEED, AND LEAVE A LASTING IMPACT IN OUR COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
George Bowman Secretary | Officer | 10 | $14,400 |
Paul Mackinnon Treasurer | Officer | 10 | $4,800 |
Joe Kocur President | Officer | $0 | |
Larry Murphy Vice Preside | Officer | $0 |
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 | $3,972 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,972 |
Total Program Service Revenue | $101,484 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $19,276 |
Miscellaneous Revenue | $0 |
Total Revenue | $124,732 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $6,500 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $19,200 |
Compensation of current officers, directors, key employees. | $19,200 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,675 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,150 |
Office expenses | $2,444 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $25,184 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $9,839 |
All other expenses | $0 |
Total functional expenses | $152,865 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $226,629 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $57,165 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $283,794 |
Accounts payable and accrued expenses | $0 |
Grants payable | $5,000 |
Deferred revenue | $0 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $5,000 |
Net assets without donor restrictions | $278,794 |
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 | $283,794 |
Over the last fiscal year, Detroit Red Wings Alumni Association Inc has awarded $22,500 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
Steamboat Springs, CO PURPOSE: GENERAL ASSISTANCE FOR CHILDREN | $10,000 |
Brighton, MI PURPOSE: GENERAL ASSISTANCE FOR CHILDREN | $7,500 |
South Lyon, MI PURPOSE: GENERAL ASSISTANCE FOR VETERANS | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Remember Nhu Akron, OH | $1,725,867 | $3,603,409 |
Manitou Council Inc Sheboygan, WI | $6,152,575 | $1,986,036 |
Upspring Cincinnati, OH | $867,696 | $895,370 |
Anthony Munoz Foundation Cincinnati, OH | $1,120,500 | $1,095,006 |
Caritas For Children Inc Milwaukee, WI | $234,512 | $528,292 |
Cavaliers Youth Foundation Cleveland, OH | $907,069 | $380,976 |
The Jerome Bettis Bus Stop Here Foundation Southfield, MI | $31,237 | $230,021 |
Fields Of Wheat Inc Middlefield, OH | $932,156 | $355,579 |
Detroit Red Wings Alumni Association Inc Detroit, MI | $283,794 | $124,732 |
Footpath Foundation Westlake, OH | $395,106 | $316,233 |
Youth Foundation Of America Petoskey, MI | $1,408,546 | $54,787 |
Laird Youth Leadership Foundation Inc River Falls, WI | $918,448 | $100,625 |