Rhode Island Hockey Hall Of Fame is located in Cumberland, RI. The organization was established in 2017. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rhode Island Hockey Hall Of Fame 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 06/2021, Rhode Island Hockey Hall Of Fame generated $31.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (21.8%) each year. All expenses for the organization totaled $17.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (24.9%) per year over the past 3 years. 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
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION FORMED IN JULY 2017, ANNOUNCING THEIR FIRST HALL OF FAME CLASS IN FEBRUARY 2018, WITH THE FIRST INDUCTION CEREMONY HELD IN SEPTEMBER 2018. IT IS EXPECTED THAT THE INDUCTIOND WILL CONTINUE ON AN ANNUAL BASIS GOING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vincent Cimini President | 10 | $0 | |
Ray Morgan Vice Chairman | 5 | $0 | |
Robert Larence Treasurer | 5 | $0 | |
Richard Oliver Director | 5 | $0 | |
William O'connor Secretary | 5 | $0 | |
Joe Mcdonald Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $31,351 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $500 |
Total Revenue | $31,851 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $300 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $307 |
Other expenses | $16,372 |
Total expenses | $16,979 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $102,227 |
Other assets | $0 |
Total assets | $109,884 |
Total liabilities | $0 |
Net assets or fund balances | $109,884 |
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