Rosemount Area Athletic Association Inc
- Assets
- $976.0k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 26
- Location
- Rosemount, MN
- Founding
- 06/1978
- Data as of
- 12/2021
- EIN
- 41-1307450
Organization Overview
Rosemount Area Athletic Association Inc is located in Rosemount, MN. The organization was established in 1978. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Rosemount Area Athletic Association Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rosemount Area Athletic 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 12/2021, Rosemount Area Athletic Association Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $970.4k during the year ending 12/2021. While expenses have increased by 2.9% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ROSEMOUNT AREA ATHLETIC ASSOCIATION (RAAA) IS A VOLUNTEER ORGANIZATION THAT SERVES THE CHILDREN OF OUR COMMUNITY THROUGH ATHLETIC PROGRAMS DESIGNED TO DEVELOP BOTH SOCIAL AND ATHLETIC SKILLS.
Describe the Organization's Program Activity:
RAAA PROVIDES PROGRAMS IN ATHLETICS FOR COMMUNITY YOUTH IN ROSEMOUNT, MINNESOTA, FOCUSING ON PROGRAM QUALITY AND AFFORDABILITY. THE ORGANIZATION OFFERS THE FOLLOWING 22 PROGRAMS (WITH NUMBER OF 2021 PARTICIPANTS): TRAVELING BASEBALL (240), IN-HOUSE BASEBALL (596), SPRING LACROSSE (125), SUMMER LACROSSE (212), TRACK (566), TRAVELING SOFTBALL (91), FALL TRAVELING SOFTBALL (105), IN-HOUSE SOFTBALL (146), TRAVELING TENNIS (73), IN-HOUSE TENNIS (89), SOCCER (1,248), GOLF (53), IN-HOUSE FOOTBALL (191), 6-8 GR TRAVELING FOOTBALL (184), CROSS COUNTRY (107), IN-HOUSE VOLLEYBALL (131), FALL TRAVELING VOLLEYBALL (58), JUNIOR OLYMPIC VOLLEYBALL (92), SWIMMING (20), TRAVELING BASKETBALL (216), SPRING TRAVELING BASKETBALL (70), IN- HOUSE BASKETBALL (513). IN 2021, RAAA HAD ALL PROGRAMS AS SCHEDULED, AND SAW PARTICIPATION NUMBERS TREND BACK TOWARDS NORMAL AFTER COMING OUT OF MANY COVID-19 CANCELATIONS THE PRIOR YEAR. DURING 2021, RAAA GRANTED OVER 100 SCHOLARSHIPS, WORTH ALMOST 12,000 IN TOTAL, TO UNDERPRIVILEGED YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Snare Gambling Man | Trustee | 1 | $17,625 |
Jason Killey Vice Preside | OfficerTrustee | 3 | $0 |
Tami Klimpel President | OfficerTrustee | 10 | $0 |
Dodi Matti Secretary | OfficerTrustee | 2 | $0 |
Joe Veliz Treasurer | OfficerTrustee | 1 | $0 |
Josh Behrens Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $40,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,484 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,484 |
| Total Program Service Revenue | $996,284 |
| 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 | $44,349 |
| Net Income from Gaming Activities | $15,593 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,128,003 |
| 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. | $17,625 |
| Compensation of current officers, directors, key employees. | $8,812 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $129,922 |
| 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 | $7,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,468 |
| Advertising and promotion | $0 |
| Office expenses | $2,647 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $152,883 |
| 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 | $2,030 |
| Insurance | $24,577 |
| All other expenses | $129,972 |
| Total functional expenses | $970,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $870,707 |
| Savings and temporary cash investments | $0 |
| 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 | $78,890 |
| Net Land, buildings, and equipment | $26,387 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $975,984 |
| Accounts payable and accrued expenses | $32,860 |
| Grants payable | $0 |
| Deferred revenue | $197,141 |
| 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 | $230,001 |
| Net assets without donor restrictions | $745,983 |
| 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 | $975,984 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rosemount Area Athletic Association Inc has recieved totaling $710.
| Awarding Organization | Amount |
|---|---|
Centerpoint Energy Foundation Inc Houston, TX PURPOSE: VOLUNTEER GRANT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $210 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edina Country Club Edina, MN | $21,372,241 | $7,831,351 |
Wayzata Country Club Wayzata, MN | $17,523,529 | $10,501,613 |
Oak Ridge Country Club Hopkins, MN | $13,821,924 | $8,175,238 |
The Summit League Inc Sioux Falls, SD | $12,416,599 | $5,663,074 |
Minnehaha Country Club Sioux Falls, SD | $14,982,683 | $7,335,530 |
Wakonda Club Des Moines, IA | $7,236,069 | $6,317,346 |
Lake Panorama Association Panora, IA | $17,811,601 | $6,436,840 |
Rochester Golf & Country Club Rochester, MN | $18,588,891 | $5,719,819 |
Hyperion Field Club Johnston, IA | $6,332,058 | $5,789,094 |
Cedar Rapids Country Club Cedar Rapids, IA | $15,264,326 | $6,818,996 |
Westmoor Country Club Brookfield, WI | $8,894,635 | $6,849,120 |
Crow Valley Golf Club Davenport, IA | $9,047,795 | $5,702,774 |