Ely Blue Line
- Assets
- $278.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ely, MN
- Founding
- 05/2007
- Data as of
- 06/2024
- EIN
- 41-1664760
Organization Overview
Ely Blue Line is located in Ely, MN. The organization was established in 2007. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ely Blue Line 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 06/2024, Ely Blue Line generated $102.5k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $121.8k during the year ending 06/2024. While expenses have increased by 11.0% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
WE HOST YOUTH HOCKEY PROGRAMS SUCH AS TOURNAMENTS AND CLINICS.WE ORGANIZE SCHOOL COMPETITIONS, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Carter President | 3 | $0 | |
Kevin Niskala Vice President | 3 | $0 | |
Jackie Bush Secretary | 3 | $0 | |
Scott Kochendorfer Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,742 |
| Total Program Service Revenue | $48,830 |
| Membership dues | $3,200 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $22,548 |
| Other Revenue | $12,067 |
| Total Revenue | $102,492 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,110 |
| Professional fees and other payments to independent contractors | $820 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,051 |
| Other expenses | $77,781 |
| Total expenses | $121,762 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,402 |
| Other assets | $0 |
| Total assets | $278,912 |
| Total liabilities | $14,058 |
| Net assets or fund balances | $264,854 |