Grand Forks Youth Hockey Association is located in Grand Forks, ND. The organization was established in 2014. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. As of 05/2024, Grand Forks Youth Hockey Association employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grand Forks Youth Hockey Association 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 05/2024, Grand Forks Youth Hockey Association generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $917.3k during the year ending 05/2024. While expenses have increased by 4.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND OPERATE HOCKEY PROGRAMS IN AFFILIATION WITH NORTH DAKOTA AMATEUR HOCKEY ASSOCIATION (NDAHA) AND USA HOCKEY; AND IMPROVE THE YOUTH HOCKEY EXPERIENCE FOR EACH AND EVERY CHILD IN THE COMMUNITY THAT PLAYS ORGANIZED ICE HOCKEY SANCTIONED BY NDAHA AND USA HOCKEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION PROVIDES TEAMS FOR LOCAL YOUTH TO PARTICIPATE IN AND DEVELOP THEIR HOCKEY SKILLS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chuck Jacobi Director | Trustee | 2 | $0 |
Cassie Scheving Secretary (started July 2023) | OfficerTrustee | 2 | $0 |
Jeff Groven Director | Trustee | 2 | $0 |
Erik Fabian President | OfficerTrustee | 2 | $0 |
Jennifer Shulz Secretary / Director (july 2023) | OfficerTrustee | 2 | $0 |
Jordan Mcintyre Treasurer | OfficerTrustee | 2 | $2,000 |
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 | $93,967 |
Noncash contributions included in lines 1a–1f | $14,447 |
Total Revenue from Contributions, Gifts, Grants & Similar | $93,967 |
Total Program Service Revenue | $833,303 |
Investment income | $9,613 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $6,000 |
Net Income from Fundraising Events | $5,369 |
Net Income from Gaming Activities | $220,269 |
Net Income from Sales of Inventory | $64,570 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,287,588 |
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. | $129,750 |
Compensation of current officers, directors, key employees. | $12,975 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $258,448 |
Pension plan accruals and contributions | $8,694 |
Other employee benefits | $24,715 |
Payroll taxes | $27,110 |
Fees for services: Management | $6,180 |
Fees for services: Legal | $1,000 |
Fees for services: Accounting | $7,527 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $15,155 |
Advertising and promotion | $0 |
Office expenses | $12,464 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $29,125 |
Travel | $41,955 |
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 | $9,354 |
All other expenses | $30,129 |
Total functional expenses | $917,332 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $35,186 |
Savings and temporary cash investments | $1,243,502 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $37,706 |
Total assets | $1,316,394 |
Accounts payable and accrued expenses | $163 |
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 | $163 |
Net assets without donor restrictions | $1,316,231 |
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 | $1,316,394 |