Team Illinois Hockey Club

The information for Team Illinois Hockey Club is as of the organization's most recent filing in June 2020. This organization is located in Barrington, IL. It has been in existence for 26 years, following its founding in 1994.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

Team Illinois Hockey Club's NTEE code is N68. The "N" tells us that the organization is classified along with Recreation & Sports. The "68" tells us that the organization is a Winter Sports organization. The NTEE describes Winter Sports organizations as those that provide opportunities for people to learn and become competitive in ice hockey, ice skating, alpine and cross-country skiing, sledding/tobogganing and other winter sports. Coaching; access to skating rinks, ski slopes or other facilities; sports equipment; and officials for competitions are generally included.

Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.

Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of Team Illinois Hockey Club is to provide facilities and coaching to support boys and girls hockey teams playing under USA Hockey and Amateur Hockey Association of Illinois.

Program Areas

The organization provides for boys and girls hockey teams playing under USA Hockey and the Amateur Hockey Association of Illinois.

Board Governance

The Team Illinois Hockey Club is well-governed with 6 voting members and 4 independent members. The organization has a documented board and committee meetings and provides copies of the 990 to the board prior to filing. However, there is room for improvement as the organization does not have a conflict of interest policy, a written whistleblower policy, or a document retention policy. Additionally, the organization does not substantiate and review leadership or officer salaries. To ensure continued good governance, the Team Illinois Hockey Club should consider implementing these policies.

Organization Growth

The Team Illinois Hockey Club did not experience significant growth over the given time period, with contributions and grants received, program service revenue, and total expenses all decreasing. Employee salaries remained the same, indicating that the Club was able to maintain its operations from year to year.

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Board, Officers & Key Employees

Name (title)Compensation
Jim Marchi
President
$0
Peter May
Vice President
$0
Lynne Bournazos
Secretary
$0
Jeff Kane
Director
$0
Larry Pedrie
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Marjim Enterprises Llc
Administration
$130,000
Lp Hockey
Coaching
$180,000
View All Vendors

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$2,565,201
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 $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,565,201

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