Vegas Golden Knights Alumni Association Inc is located in Las Vegas, NV. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vegas Golden Knights Alumni 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 12/2023, Vegas Golden Knights Alumni Association Inc generated $139.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (33.5%) each year. All expenses for the organization totaled $78.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (27.1%) per year over the past 2 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
VEGAS GOLDEN KNIGHTS ALUMNI ASSOCIATION, INC. IS A 501(C)(3) COMPRISED OF FORMER NHL PLAYERS WITH UNIQUE SKILLS AND ADVANTAGES WHOSE AIM IS TO SUPPORT FORMER PLAYERS AND GIVE BACK TO THE GAME AND THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTING FIRST RESPONDERS IN IMPORTANT AREAS SUCH AS MENTAL HEALTH AND WELL-BEING.
UNDER-SERVED YOUTH PROGRAMS - PROVIDING FUNDS FOR EDUCATIONAL AND SPORTS PROGRAMS, INCLUDING SCHOLARSHIPS AND BURSARIES.
FOOD SCARCITIES - HELPING TO FEED OVER 250,000 PEOPLE IN THE LAS VEGAS VALLEY WHO DEAL WITH LACK OF ACCESS TO HEALTHFUL FOOD OPTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Deryk Engelland President | OfficerTrustee | 9 | $0 |
Shane Hnidy Vice President | OfficerTrustee | 4 | $0 |
Charles A Seigel III Secretary | OfficerTrustee | 4 | $0 |
Heather Clayton Treasurer | OfficerTrustee | 4 | $0 |
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 | $30,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $30,000 |
Total Program Service Revenue | $0 |
Investment income | $9,301 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $100,075 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $139,376 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $67,500 |
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. | $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 | $0 |
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 | $994 |
Advertising and promotion | $1,434 |
Office expenses | $437 |
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 | $0 |
Insurance | $2,995 |
All other expenses | $0 |
Total functional expenses | $78,196 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $262,703 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,500 |
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 | $4,790 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $269,993 |
Accounts payable and accrued expenses | $2,542 |
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 | $2,542 |
Net assets without donor restrictions | $267,451 |
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 | $269,993 |
Over the last fiscal year, Vegas Golden Knights Alumni Association Inc has awarded $65,000 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
SHINE A LIGHT FOUNDATION PURPOSE: TO SERVE THE COMMUNITY | $10,000 |
GREATER YOUTH SPORTS ASSOCIATION PURPOSE: TO SERVE THE COMMUNITY | $10,000 |
988 AWARENESS PROJECT INC PURPOSE: TO SERVE THE COMMUNITY | $10,000 |
VEGAS JUNIOR GOLDEN KNIGHTS FOUNDATION INC PURPOSE: TO SERVE THE COMMUNITY | $10,000 |
VEGAS GOLDEN KNIGHTS FOUNDATION INC PURPOSE: TO SERVE THE COMMUNITY | $25,000 |