Kalamazoo Optimist Hockey Association Inc
- Assets
- $816.4k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 20
- Location
- Kalamazoo, MI
- Founding
- 06/1984
- Data as of
- 05/2023
- EIN
- 38-2494896
Organization Overview
Kalamazoo Optimist Hockey Association Inc is located in Kalamazoo, MI. The organization was established in 1984. 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, Kalamazoo Optimist Hockey Association Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kalamazoo Optimist Hockey 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 05/2023, Kalamazoo Optimist Hockey Association Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $1.3m during the year ending 05/2023. While expenses have increased by 3.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
TO PROVIDE OPPORTUNITIES AND A GOOD EXPERIENCE FOR ALL CHILDREN, AGES 5 TO 17, WHO WANT TO PLAY ICE HOCKEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A SUPERVISED ENVIRONMENT FOR CHILDREN TO DEVELOP SKATING AND HOCKEY SKILLS, TEAM WORK, RESPONSIBILITY, AND RESPECT FOR OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Golub President | OfficerTrustee | 2 | $0 |
Joe Wolf Vice President | OfficerTrustee | 2 | $0 |
David Altergott Vice President | OfficerTrustee | 2 | $0 |
Dianne Shaffer Treasurer | OfficerTrustee | 2 | $0 |
Mark Baliff Secretary | OfficerTrustee | 1 | $0 |
Bryan Beck Legal Counsel | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,115 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,733 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,848 |
| Total Program Service Revenue | $1,272,602 |
| Investment income | $4,845 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $107,029 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,428,324 |
| 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 | $317,469 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $33,199 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,744 |
| Advertising and promotion | $5,052 |
| Office expenses | $6,653 |
| Information technology | $12,386 |
| Royalties | $0 |
| Occupancy | $9,789 |
| Travel | $16,145 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $948 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,715 |
| Insurance | $9,581 |
| All other expenses | $105,193 |
| Total functional expenses | $1,349,553 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $433,304 |
| Savings and temporary cash investments | $122,582 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,001 |
| 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 | $8,535 |
| Net Land, buildings, and equipment | $2,874 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $160,809 |
| Intangible assets | $0 |
| Other assets | $83,308 |
| Total assets | $816,413 |
| Accounts payable and accrued expenses | $9,735 |
| Grants payable | $0 |
| 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 | $293 |
| Total liabilities | $10,028 |
| Net assets without donor restrictions | $806,385 |
| 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 | $816,413 |