St Louis Park Hockey Boosters
- Assets
- $181.9k
- Revenue
- $649.5k
- Investments
- $0.0
- Employees
- 10
- Location
- St Louis Park, MN
- Founding
- 12/1969
- Data as of
- 06/2020
- EIN
- 23-7048034
Organization Overview
St Louis Park Hockey Boosters is located in St Louis Park, MN. The organization was established in 1969. 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 06/2021, St Louis Park Hockey Boosters employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Louis Park Hockey Boosters 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 06/2020, St Louis Park Hockey Boosters generated $649.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $574.0k during the year ending 06/2020. While expenses have increased by 12.6% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND FOSTER YOUTH HOCKEY WITHIN ST. LOUIS PARK AND THE SURROUNDING AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE ST. LOUIS PARK HOCKEY ASSOCIATION IS TO PROVIDE LEVELS FOR ALL PLAYERS TO BE CHALLENGED WHICH INCREASES PARTICITPATION AND IMPROVES SKILLS WHILE DEVELOPING RESPECT FOR OTHERS, TEAMWORK, AND COMMUNITY PRIDE FOR OUR ATHLETES AND SCHOOL DISTRICT. WE SERVE ON AVERAGE 350 YOUTH PLAYERS RANGING IN AGE FROM 4 TO 18 SPREAD ACROSS EIGHT LEVELS (MITE 1, MITE 2, MITE 3, MITE 4, SQUIRTS (A, B1, B2, C), PEEWEE (AA, B1, C0, BANTAMS (AA, B1, C) JR GOLD (A), 8U, 10U, (A, B) AND 12U (A,B)), AND AVERAGE FIELDING TWENTY TEAMS EACH HOCKEY SEASON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Nichols Gambling Manager | OfficerTrustee | 10 | $26,000 |
Justin Magnuson Vice President | OfficerTrustee | 4 | $0 |
Christian Berry Treasurer | OfficerTrustee | 8 | $0 |
Catie Boyum President | OfficerTrustee | 4 | $0 |
Michele Amelse Secretary | OfficerTrustee | 2 | $0 |
Mark Betzer Bantam Coordinator | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $584 |
| Investment income | $0 |
| 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 | $315,790 |
| Net Income from Sales of Inventory | $8,296 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $649,455 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $23,883 |
| 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 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 | $8,296 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,401 |
| Advertising and promotion | $16,979 |
| Office expenses | $17,429 |
| Information technology | $565 |
| Royalties | $0 |
| Occupancy | $6,000 |
| Travel | $168 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $33,739 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,691 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $574,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,089 |
| Savings and temporary cash investments | $79,877 |
| 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 | $3,073 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $181,884 |
| Accounts payable and accrued expenses | $67,585 |
| 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 | $617,878 |
| Total liabilities | $685,463 |
| 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 |
| Total liabilities and net assets/fund balances | -$503,579 |
Grants Awarded
Over the last fiscal year, St Louis Park Hockey Boosters has awarded $11,752 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ST LOUIS PARK GIRLS HOCKEY BOOSTERS PURPOSE: GENERAL OPERATING SUPPORT | $6,576 |
St Louis Park, MN PURPOSE: GENERAL OPERATING SUPPORT | $5,176 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that St Louis Park Hockey Boosters has recieved totaling $5,176.
| Awarding Organization | Amount |
|---|---|
St Louis Park Hockey Boosters St Louis Park, MN PURPOSE: GENERAL OPERATING SUPPORT | $5,176 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Loppet Foundation Inc Minneapolis, MN | $4,982,965 | $3,219,111 |
American Birkebeiner Ski Foundation Inc Hayward, WI | $7,179,042 | $2,764,424 |
United Heroes League Hastings, MN | $3,084,310 | $3,081,953 |
Eagan Hockey Association Incorporated Eagan, MN | $236,242 | $1,165,383 |
Moorhead Youth Hockey Assn Moorhead, MN | $7,603,734 | $2,426,277 |
Fargo Hockey Association Fargo, ND | $1,287,012 | $1,819,619 |
Milwaukee Jr Admirals Inc Milwaukee, WI | $378,879 | $1,815,838 |
Wisconsin Amateur Hockey Association Inc Mequon, WI | $1,631,368 | $1,828,064 |
Edina Hockey Association Edina, MN | $768,078 | $1,616,429 |
District 284 Youth Hockey Association Golden Valley, MN | $1,155,590 | $1,715,832 |
Dickinson Youth Activities Inc Dickinson, ND | $2,700,930 | $1,609,260 |
Woodbury Area Hockey Club Woodbury, MN | $1,085,854 | $1,679,280 |