Anoka Area Ice Arena Association Inc
- Assets
- $5.7m
- Revenue
- $648.7k
- Investments
- $0.0
- Employees
- 56
- Location
- Anoka, MN
- Founding
- 10/1983
- Data as of
- 06/2022
- EIN
- 41-1402146
Organization Overview
Anoka Area Ice Arena Association Inc is located in Anoka, MN. The organization was established in 1983. 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 06/2022, Anoka Area Ice Arena Association Inc employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anoka Area Ice Arena 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 06/2022, Anoka Area Ice Arena Association Inc generated $648.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $816.8k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING YOUTH SKATING, SOCCER AND LACROSSE PROGRAMS
Describe the Organization's Program Activity:
ARENA RENTAL - THE ARENA IS RENTED OUT YEAR ROUND TO LOCAL YOUTH HOCKEY ORGANIZATIONS, YOUTH SOCCER ORGANIZATIONS, YOUTH LACROSSE ASSOCIATIONS AND HIGH SCHOOLS FOR PRACTICE, TRAINING AND GAMES. DURING THE YEAR OVER 2000 HOURS OF ICE TIME WAS RENTED OUT. OVER 150 HOURS WAS RENTED TO LACROSSE YOUTH.
SUMMER/FALL LEAGUE - THE ORGANIZATION PROVIDES HOCKEY SKILLS TRAINING AND INSTRUCTION WITH CONDITIONING TO AREA YOUTH.
HIGH SCHOOL GAMES - THE FACILITY HOSTED 20 OF ANOKA HIGH SCHOOL HOCKEYGAMES. THEY WERE ATTENDED BY 5,173 PEOPLE.
PRO SHOP RENTAL
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Wesp Director & Gaming Activiti | Trustee | 1 | $85,925 |
Bob Erickson Arena Manager | Officer | 1 | $81,197 |
Bryan Talbot Secretary | OfficerTrustee | 1 | $0 |
Elly Froiland Vice President | OfficerTrustee | 1 | $0 |
Dave Johnson President | OfficerTrustee | 4 | $0 |
John Lichter Treasurer | OfficerTrustee | 4 | $0 |
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 | $500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $492,735 |
| Investment income | $906 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,000 |
| Net Gain/Loss on Asset Sales | -$29,125 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $79,850 |
| Net Income from Sales of Inventory | $10,248 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $648,668 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,500 |
| Grants and other assistance to domestic individuals. | $4,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $177,628 |
| Compensation of current officers, directors, key employees. | $36,538 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $90,645 |
| Pension plan accruals and contributions | $7,669 |
| Other employee benefits | $23,867 |
| Payroll taxes | $19,360 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,501 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,391 |
| Advertising and promotion | $0 |
| Office expenses | $21,825 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $32,094 |
| Travel | $10,676 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $81,471 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $177,289 |
| Insurance | $60,257 |
| All other expenses | $4,942 |
| Total functional expenses | $816,754 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $588,661 |
| Savings and temporary cash investments | $75,016 |
| 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 | $1,480 |
| Net Land, buildings, and equipment | $4,994,772 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,631 |
| Total assets | $5,674,560 |
| Accounts payable and accrued expenses | $14,302 |
| 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 | $3,578,804 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,593,106 |
| Net assets without donor restrictions | $2,081,454 |
| 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 | $5,674,560 |
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 |