Alexandria Area Hockey Association Inc
- Assets
- $898.8k
- Revenue
- $625.0k
- Investments
- $0.0
- Employees
- 19
- Location
- Alexandria, MN
- Founding
- 01/1975
- Data as of
- 06/2022
- EIN
- 41-6174883
Organization Overview
Alexandria Area Hockey Association Inc is located in Alexandria, MN. The organization was established in 1975. 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 06/2022, Alexandria Area Hockey Association Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alexandria 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 06/2022, Alexandria Area Hockey Association Inc generated $625.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $617.3k during the year ending 06/2022. While expenses have increased by 10.2% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ALEXANDRIA AREA HOCKEY ASSOCIATION IS COMMITTED TO PROVIDING A QUALITY ENVIRONMENT FOR YOUTH HOCKEY PLAYERS TO LEARN AND ENJOY THE SPORT OF HOCKEY.
Describe the Organization's Program Activity:
THE ASSOCIATION PROVIDES INSTRUCTIONAL HOCKEY EXPERIENCE TO CHILDREN BETWEEN THE AGES OF 5 TO 15. CURRENTLY OVER 300 YOUTH ARE INVOLVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Larson Gambling Man | Trustee | 20 | $34,419 |
Ryan Severson Director Hoc | OfficerTrustee | 10 | $10,000 |
Kelli Draper Treasurer | OfficerTrustee | 10 | $0 |
Brian Klimek President/ga | OfficerTrustee | 10 | $0 |
Joel Loveland Vpfundraisin | Trustee | 10 | $0 |
Mariah Wirth Secretary | Trustee | 10 | $0 |
Financial Statements
| 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 | $157,043 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $157,043 |
| Total Program Service Revenue | $487,824 |
| Investment income | $1,301 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $38,127 |
| Net Income from Gaming Activities | -$62,361 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $624,964 |
| 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 | $12,433 |
| 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 | $21,877 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $982 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,708 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $594 |
| Office expenses | $1,574 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,696 |
| 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 | $1,230 |
| Insurance | $0 |
| All other expenses | $210,071 |
| Total functional expenses | $617,336 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $523,906 |
| Savings and temporary cash investments | $364,027 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,956 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $220 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,655 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $898,764 |
| Accounts payable and accrued expenses | $8,362 |
| 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 | $8,362 |
| 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 | $890,402 |
| Total liabilities and net assets/fund balances | $898,764 |
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