Rosemount Area Hockey Association
- Assets
- $640.2k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 11
- Location
- Rosemount, MN
- Founding
- 03/1996
- Data as of
- 05/2022
- EIN
- 41-1437803
Organization Overview
Rosemount Area Hockey Association is located in Rosemount, MN. The organization was established in 1996. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 05/2022, Rosemount Area Hockey Association employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rosemount Area Hockey Association 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 05/2022, Rosemount Area Hockey Association generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $1.0m during the year ending 05/2022. While expenses have increased by 6.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION PROVIDES ICE HOCKEY OPPORTUNITIES TO YOUTH IN THE ROSEMOUNT AND SURROUNDING AREAS BY PROVIDING THEM WITH INSTRUCTION, PRACTICES, CLINICS, TOURNAMENTS AND LEAGUE COMPETITION.
Describe the Organization's Program Activity:
ASSOCIATION PROVIDES ICE HOCKEY OPPORTUNITIES TO YOUTH IN THE ROSEMOUNT AND SURROUNDING AREAS BY PROVIDING THEM WITH INSTRUCTION, PRACTICES, CLINICS, TOURNAMENTS AND LEAGUE COMPETITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Tobias Gambling Manager | Officer | 15 | $16,495 |
Kevin Bigalke Secretarytreasurer | Officer | 5 | $0 |
Michael Staloch President | Officer | 5 | $0 |
Sara Marchese Operations Manager | Officer | 5 | $0 |
Jay Condon Vice President | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $725,371 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,585 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $748,956 |
| Total Program Service Revenue | $58,741 |
| Investment income | $401 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $112,048 |
| Net Income from Gaming Activities | $218,562 |
| Net Income from Sales of Inventory | $30,870 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,169,578 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $35,481 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,466 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $208 |
| Office expenses | $3,495 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,407 |
| 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 | $2,974 |
| Insurance | $3,244 |
| All other expenses | $128,384 |
| Total functional expenses | $1,034,163 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $522,529 |
| Savings and temporary cash investments | $102,263 |
| 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 | $8,823 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $6,566 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $640,181 |
| Accounts payable and accrued expenses | $31,444 |
| 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 | $31,444 |
| Net assets without donor restrictions | $608,737 |
| 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 | $640,181 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rosemount Area Hockey Association has recieved totaling $231.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $231 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Sports Center Foundation Blaine, MN | $27,150,165 | $17,022,739 |
Keystone Community Services St Paul, MN | $8,365,266 | $10,237,066 |
Wisconsin Interscholastic Athletic Association Stevens Point, WI | $5,017,808 | $3,980,109 |
Tennis & Education Inc Saint Paul, MN | $4,348,545 | $2,852,378 |
United Sports Academy North Sioux City, SD | $487,095 | $1,858,577 |
Eagan Athletic Association Eagan, MN | $1,025,643 | $1,830,923 |
Fox Cities Sports Development Inc Appleton, WI | $722,935 | $1,613,590 |
Central Collegiate Hockey Association Inc Deephaven, MN | $346,760 | $1,284,146 |
West Fargo Hockey Association Inc West Fargo, ND | $4,329,462 | $2,916,866 |
Rosemount Area Hockey Association Rosemount, MN | $640,181 | $1,169,578 |
Running Usa Inc Minneapolis, MN | $710,193 | $812,424 |
Iowa Volleyball Association Clive, IA | $575,619 | $865,650 |