Minnesota Heat Events Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 861182091 ✦ Maple grove, MN ✦ Designated as a 501(c)(3)

Overview

What is Minnesota Heat Events Inc?

Minnesota Heat Events Inc is a charitable and educational organization, located in Maple Grove, Minnesota. Their primary mission is to provide opportunities and programs for children in Minnesota and surrounding states, fostering personal growth both on and off the basketball court. They achieve this through organizing affordable basketball camps and tournaments, renting out facilities to support local schools and community education programs, and encouraging children's participation in positive, healthy activities. In 2022, Minnesota Heat Events Inc saw record numbers of participants in their tournaments, including their flagship Meg Vang Invitational, which attracted 467 teams. Their offerings expanded to 24 total camps, catering to a wider range of children.


Official website here: www.minnesotaheat.net

Is Minnesota Heat Events Inc legitimate?

Minnesota Heat Events Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Heat Events Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $77,431
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,967

For more financial information, click here


Official website here: www.minnesotaheat.net

What is the mission statement of Minnesota Heat Events Inc?

Minnesota Heat Events Inc is organized for charitable and educational purposes, focusing on children in Minnesota and surrounding states. They provide basketball camps and tournaments for children who might otherwise be unable to participate due to financial constraints. The organization also supports local schools and community education programs by renting out their facilities. Furthermore, Minnesota Heat Events Inc keeps children engaged in positive and healthy activities, helping them grow both on and off the court as individuals.


Official website here: www.minnesotaheat.net

Who is the CEO of Minnesota Heat Events Inc?

Willie Vang is the Board Member of Minnesota Heat Events Inc.


Official website here: www.minnesotaheat.net

What is the revenue of Minnesota Heat Events Inc?

Minnesota Heat Events Inc's revenue in 2021 was $746,985.


Official website here: www.minnesotaheat.net

Who are the executives of Minnesota Heat Events Inc and what are their salaries?

The average compensation at Minnesota Heat Events Inc during 2021 was $59,199. There are 2 employees at Minnesota Heat Events Inc.

Here are 5 key members and their salaries:

    Willie Vang (Board Member)
  • Compensation: $77,431
  • Related: $107,402
  • Other: $0

    • Nicholas Carroll (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Hopp (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Linaman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karin Martinek (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.minnesotaheat.net

    Where can I find the form 990 for Minnesota Heat Events Inc?

    The Minnesota Heat Events Inc’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.minnesotaheat.net

    Learn more at the official website: www.minnesotaheat.net

    Mission Statement of Minnesota Heat Events Inc

    Minnesota Heat Events Inc, a charitable and educational organization, is dedicated to serving children in Minnesota and surrounding states. Their mission is multifaceted, encompassing three key aspects. Firstly, they offer basketball camps and tournaments for children who would otherwise be unable to participate due to financial constraints. Secondly, the corporation supports local schools and community education programs by renting out their facilities. Lastly, Minnesota Heat Events Inc keeps children engaged and aids in their personal growth by providing opportunities for participation in positive and healthy activities, both on and off the court. Through these initiatives, the organization aims to contribute positively to the lives of these children, helping them develop not just as athletes, but as individuals as well.

    Impact

    This information is meant to be a general summary of Minnesota Heat Events Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Minnesota Heat Events Inc's impact can be seen in its significant contribution to providing basketball camps and tournaments for children who may not otherwise have the opportunity to participate. By expanding its tournament offerings and hosting a record number of participants in 2022, including teams from Minnesota, Wisconsin, and Iowa, the organization is creating positive and healthy activities for youth in the region. Additionally, by supporting local schools and community education programs through facility rentals, Minnesota Heat Events Inc is fostering a sense of community engagement and growth for children both on and off the court. Through their mission-driven approach, the organization is playing a vital role in keeping children active, engaged, and helping them develop as individuals.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $0
  • Program Service Revenue: $746,835
  • Gross Receipts: $746,985

    • Assets and Liabilities:
  • Total Assets: $210,945
  • Total Liabilities: $4,793
  • Net Assets: $206,152
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM SERVICE REVENUE

    Revenue

    $756,198

    REFUNDS

    Revenue

    $-9,363

    Organization Details

    Founding Year

    2021

    Principal Officer

    Willie Vang

    Main Address

    17377 91ST AVE N, MAPLE GROVE, MN, 55311

    NTEE Category

    Code: N62 - Recreation

    If you are a representative of Minnesota Heat Events Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.