North Branch Area Hockey Association Inc
- Assets
- $384.7k
- Revenue
- $381.9k
- Investments
- $0.0
- Employees
- 8
- Location
- North Branch, MN
- Founding
- 12/2000
- Data as of
- 03/2022
- EIN
- 41-1983605
Organization Overview
North Branch Area Hockey Association Inc is located in North Branch, MN. The organization was established in 2000. 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 03/2023, North Branch Area Hockey Association Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Branch Area 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 03/2022, North Branch Area Hockey Association Inc generated $381.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 24.9% each year . All expenses for the organization totaled $439.9k during the year ending 03/2022. 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
SUPPORT YOUTH HOCKEY PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZED AND OPERATED YOUTH HOCKEY TEAMS IN THE NORTH BRANCH AREA ALLOWING YOUTH TO PLAY ORGANIZED HOCKEY.
CHARITABLE GAMBLING - LAWFUL PURPOSE EXPENDITURES LAWFUL PURPOSE EXPENDITURES PROVIDE SUPPORT FOR NORTH BRANCH AREA YOUTH ACTIVITIES. SUCH EXPENDITURES INCLUDE YOUTH ATHLETIC FUNCTION COSTS AND DONATIONS TO OTHER VARIOUS SCHOOL RELATED FUNCTIONS AND ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Zerwas President | OfficerTrustee | 5 | $0 |
Ryan Swenson Vice President/girls Coordinator | OfficerTrustee | 5 | $0 |
Nicole Evans Treasurer | OfficerTrustee | 5 | $0 |
Autumn Hanes Secretary | OfficerTrustee | 5 | $0 |
Rachel Paavola Registrar | OfficerTrustee | 5 | $0 |
Shannon Huot Fundraising Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $17,190 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,276 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,466 |
| Total Program Service Revenue | $60,853 |
| Investment income | $1,315 |
| 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 | $301,253 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $381,887 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $157,984 |
| Grants and other assistance to domestic individuals. | $6,650 |
| 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 | $1,395 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,529 |
| Office expenses | $2,717 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $2,722 |
| Insurance | $3,460 |
| All other expenses | $0 |
| Total functional expenses | $439,901 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $305,624 |
| 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 | $60 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $79,057 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $384,741 |
| Accounts payable and accrued expenses | $3,831 |
| 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 | $0 |
| Total liabilities | $3,831 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $380,910 |
| Total liabilities and net assets/fund balances | $384,741 |
Grants Awarded
Over the last fiscal year, North Branch Area Hockey Association Inc has awarded $64,052 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ST FRANCIS YOUTH HOCKEY ASSOCIATION PURPOSE: YOUTH HOCKEY PROGRAMS | $58,346 |
PINE CITY CIVIC CENTER PURPOSE: YOUTH HOCKEY PROGRAMS | $5,706 |