The information for Team Illinois Hockey Club is as of the organization's most recent filing in June 2020. This organization is located in Barrington, IL. It has been in existence for 26 years, following its founding in 1994.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
Team Illinois Hockey Club's NTEE code is N68. The "N" tells us that the organization is classified along with Recreation & Sports. The "68" tells us that the organization is a Winter Sports organization. The NTEE describes Winter Sports organizations as those that provide opportunities for people to learn and become competitive in ice hockey, ice skating, alpine and cross-country skiing, sledding/tobogganing and other winter sports. Coaching; access to skating rinks, ski slopes or other facilities; sports equipment; and officials for competitions are generally included.
Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of Team Illinois Hockey Club is to provide facilities and coaching to support boys and girls hockey teams playing under USA Hockey and Amateur Hockey Association of Illinois.
The organization provides for boys and girls hockey teams playing under USA Hockey and the Amateur Hockey Association of Illinois.
The Team Illinois Hockey Club is well-governed with 6 voting members and 4 independent members. The organization has a documented board and committee meetings and provides copies of the 990 to the board prior to filing. However, there is room for improvement as the organization does not have a conflict of interest policy, a written whistleblower policy, or a document retention policy. Additionally, the organization does not substantiate and review leadership or officer salaries. To ensure continued good governance, the Team Illinois Hockey Club should consider implementing these policies.
The Team Illinois Hockey Club did not experience significant growth over the given time period, with contributions and grants received, program service revenue, and total expenses all decreasing. Employee salaries remained the same, indicating that the Club was able to maintain its operations from year to year.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jim Marchi President | OfficerTrustee | 40 | $0 |
Peter May Vice President | OfficerTrustee | 40 | $0 |
Lynne Bournazos Secretary | OfficerTrustee | 40 | $0 |
Jeff Kane Director | Trustee | 5 | $0 |
Larry Pedrie Director | Trustee | 40 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Lp Hockey Coaching | 6/29/22 | $180,000 |
Marjim Enterprises Llc Administration | 6/29/22 | $130,000 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $2,565,201 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,565,201 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
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 | $2,213 |
Fees for services: Accounting | $12,300 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $2,963 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $48,025 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $650 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,622 |
Insurance | $2,121 |
All other expenses | $258,125 |
Total functional expenses | $2,694,426 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,176,828 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $31,729 |
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 | $37,518 |
Net Land, buildings, and equipment | $43,868 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,289,943 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $1,261,466 |
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 | $1,261,466 |
Net assets without donor restrictions | $28,477 |
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 | $1,289,943 |
Organization Name | Assets | Revenue |
---|---|---|
Amateur Hockey Assoc Illinois Inc Elk Grove Village, IL | $1,304,353 | $3,600,631 |
Chesterfield Hockey Association Chesterfield, MO | $17,706,117 | $4,533,381 |
Sabre Hockey Association Naperville, IL | $660,750 | $2,725,908 |
Chicago Mission Aaa Hockey Club Chicago, IL | $91,949 | $3,146,762 |
Team Illinois Hockey Club Barrington, IL | $1,289,943 | $2,565,201 |
Chicago Young Americans Amateur Hockey Association Frankfort, IL | $180,153 | $2,181,260 |
American Birkebeiner Ski Foundation Inc Hayward, WI | $7,179,042 | $2,764,424 |
Hawks Hockey Club Nfp Darien, IL | $1,224,811 | $2,991,552 |
Falcons Hockey Association Highland Park, IL | $144,665 | $2,611,835 |
West Dundee Hockey Club West Dundee, IL | $240,821 | $2,041,949 |
Fire Wagon Hockey Inc Crystal Lake, IL | $7,023,638 | $1,827,523 |
Milwaukee Jr Admirals Inc Milwaukee, WI | $378,879 | $1,815,838 |