Waseca Hockey Association Inc
- Assets
- $343.8k
- Revenue
- $247.7k
- Investments
- $0.0
- Employees
- 17
- Location
- Waseca, MN
- Founding
- 07/1978
- Data as of
- 04/2020
- EIN
- 41-1312089
Organization Overview
Waseca Hockey Association Inc is located in Waseca, MN. The organization was established in 1978. 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 04/2023, Waseca Hockey Association Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waseca 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 04/2020, Waseca Hockey Association Inc generated $247.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $211.1k during the year ending 04/2020. While expenses have increased by 10.2% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III LINE 1
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEACHING CHILDREN UNDER THE AGE OF 18 YEARS OLD TO PLAY THE GAME OF HOCKEY.
DONATIONS TO SUPPORT THE LOCAL AND SURROUNDING COMMUNITY THROUGH THE LAWAFUL GAMBLING FUND. REPORTED ON SCHEDULE G OF 188,543.
DONATIONS TO A LOCATION FOUNDATION FOR FINANCIAL ASSISTANCE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Attenberger President | Officer | 1 | $0 |
Clint Selvik Vice Preside | Officer | 1 | $0 |
Andrea Roemhildt Secretary | Officer | 1 | $0 |
Lindsay Danks Treasurer | Officer | 1 | $4,000 |
Angie Lawson Registration | Trustee | 1 | $0 |
Jeanne Hansen Fundraising | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,930 |
| Investment income | $4,264 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $67,562 |
| Net Income from Gaming Activities | $52,946 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $247,743 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $4,344 |
| 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 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 | $1,444 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,495 |
| Advertising and promotion | $2,438 |
| Office expenses | $4,845 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,163 |
| Travel | $705 |
| 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 | $3,240 |
| All other expenses | $0 |
| Total functional expenses | $211,080 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $279,352 |
| Savings and temporary cash investments | $106 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,465 |
| 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 | $0 |
| Investments—publicly traded securities | $60,924 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $991 |
| Total assets | $343,838 |
| Accounts payable and accrued expenses | $0 |
| 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 | $700 |
| Total liabilities | $700 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $343,138 |
Grants Awarded
Over the last fiscal year, Waseca Hockey Association Inc has awarded $117,251 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WASECA AREA FOUNDATION PURPOSE: FINANCIAL ASSISTANCE | $100,000 |
WASECA HIGH SCHOOL PURPOSE: FINANCIAL ASSISTANCE | $17,251 |