2025-04-09T10:30:51-05:00 2024-05-31 450250958 Eide Bailly LLP 4585 Coleman St Ste 200 Bismarck ND 58503 990 2023-06-01 363548649 Fargo Youth Hockey Association FARG 7012354300 831 17th Ave N Fargo ND 58102 Dan Ness Treasurer 7012354300 2025-04-08 1 1 Lisa Chaffee CPA P00193453 7012551091 2025-03-31 2023 2025-03-06 01:10:19Z Jennifer Thompson 831 17th Ave N Fargo ND 58102 4075250 0 X www.fargohockey.org X 1988 ND Support and sponsor youth hockey teams and operate a youth ice arena in Fargo, North Dakota. 7 7 26 470 0 0 84174 147403 1346776 1480063 3287 8875 378788 565209 1813025 2201550 3245 4625 0 0 486579 467065 0 0 2910 1424327 1524080 1914151 1995770 -101126 205780 4151458 4642053 3004698 3289513 1146760 1352540 X The Corporation's mission is to promote, develop and administer a youth hockey program. 0 0 976485 4625 501916 The organization sponsors youth hockey teams and operates a youth ice arena in Fargo, ND. This year there were 745 registered players and a total of 67 teams.The Organization entered into a Sponsorship Agreement on 10/4/2022 by and between the Park District of the City of Fargo. The Park District plans to build, own, operate and maintain a wellness sports complex currently named Fargo Sports Complex. As part of the agreement the Organization has agreed to pay the Park District of the City of Fargo $3 million dollars over 10 years to purchase donor recognition rights to the Sports Complex. In addition, the Organization has committed to entering a 25-year lease with the Park District for the rental of one sheet of ice at the Sports Complex. The lease will commence upon completion of the ice at the Sports Complex. A related liability of $3 million has been included on the balance sheet for the Organization's sponsorship committment. A lease liability will be recorded on the balance sheet upon completion of the ice at the Sports Complex. At 5/31/24, the ice at the Sports Complex was not complete yet. 664542 1048695 The organization hosted multiple regional tournaments and international youth hockey tournaments. There were 445 Teams participating in the regional and internation/nation tournaments. 1641027 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 88 0 1 26 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 0 0 0 1 0 0 0 1 0 0 X Jeannie Baskerville 7012354300 831 17th Ave N Fargo ND 58106 Jennifer Thompson President 5.00 X X 0 0 0 Travis Kurtz Vice President 5.00 X X 0 0 0 Dan Ness Secretary/Treasurer 5.00 X X 0 0 0 Amy Kobrinsky Secretary 5.00 X X 0 0 0 Jared Nyquist Member at Large 5.00 X 250 0 0 Richard Hell Member at Large 5.00 X 6250 0 0 Monte Fischer Member at Large 5.00 X 0 0 0 Jeffrey Nygaard Executive Director 40.00 X 109303 0 3279 115803 0 3279 1 0 0 0 0 147403 147403 Tournament Fees 713990 816100 816100 Program Fees 713990 589152 589152 Hockey Clinics & Camps 713990 37805 37805 Ice Rental 713990 26075 26075 10931 10931 1480063 8875 8875 137457 137457 2222238 1865034 357204 357204 79214 8666 70548 70548 2201550 1550611 0 503536 4625 4625 129683 8050 121633 294677 112901 181776 5136 2495 2641 4010 1153 2857 33559 9645 23914 15775 15775 115907 115907 2526 2526 57797 54560 3237 105431 105431 29787 29787 29619 29619 9966 9966 Tournament 652764 652764 Ice Rental 225647 225647 Registration Fees 135730 135730 Clothing 30841 30841 112290 109380 2910 1995770 1641027 351833 2910 X 160 0 812215 1254350 8631 0 35325 24421 1580825 1330317 280127 250508 3000000 3000000 15000 112774 4151458 4642053 4698 4686 584827 3000000 2700000 3004698 3289513 X 0 0 0 0 1146760 1352540 1146760 1352540 4151458 4642053 205780 0 X 0 0 0 X 237974 248289 131846 84174 147403 849686 1690881 1512773 1602433 2785796 3781515 11373398 1928855 1761062 1734279 2869970 3928918 12223084 23875 22329 20900 4110 6140 77354 0 23875 22329 20900 4110 6140 77354 12145730 125073 83021 117741 116055 146332 588222 125073 83021 117741 116055 146332 588222 2053928 1844083 1852020 2986025 4075250 12811306 0.94800 0.94020 0.04590 0.05130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1168812 971517 197295 412013 358800 53213 250508 Sponsorship Liability 2700000 2700000 2001332 1753974 11100 83310 0 220906 12650 4000 0 2222238 1766624 4000 11100 83310 1865034 357204 ND 1 0 1 0 0.48000 0.52000 Jeannie Baskerville 2101 25th Ave S Fargo ND 58103 0 David Oskendahl 0 Gaming Manager X 0 Form 990, Part VI, Section A, line 1a The Organization has an Executive Committee which is comprised of the President, Past President, Executive Vice President, Treasurer, Secretary, Vice President of Hockey Operations, and Vice President of Hockey Programs. They are generally responsible for conducting the affairs and business of the Corporation between meetings and have other specific authority as may be delegated to them by resolution of the Board of Directors, however they did not act during the year. Form 990, Part VI, Section A, line 6 Membership in the Corporation shall consist of the following classes of membership: (1) Family Members; and (2) Associate Members. Family Membership: The parent(s) and/or guardian(s) of a player who resides in the jurisdictional area granted to the Corporation by the Corporation's local affiliate agreement with the local governing body in effect from time to time and who is registered to play in the Corporation's programs are eligible for one collective family membership for their qualifying child(ren) (collectively, a "Family Member"). Only one Family Member membership shall be allowed for each family unit regardless of how many youth that family has registered for play in the Corporation's programs. In addition, a qualifying youth may be part of only one Family Member (e.g., the child's father and mother cannot each obtain a separate family membership). Associate Membership: Each member of the Corporation's Board of Directors that is not a parent or guardian in a family unit that is a Family Member automatically shall be an Associate Member for a period coterminous with such person's term as a member of the Board of Directors. The Board of Directors from time to time may grant associate membership to persons interested in becoming actively involved with the Corporation that are not otherwise eligible for any other class of membership. No person may hold more than one class of membership at any time. For example, a parent or guardian in a family unit that is a Family Member may not also be an Associate Member; provided, however, a step-parent in a family unit that is a Family Member would not be prohibited from applying to be an Associate Member. Form 990, Part VI, Section A, line 7a Each Associate Member in good standing shall be entitled to one vote on each matter submitted to a vote of the members. Each Family Member in good standing shall be entitled to two votes on each matter submitted to a vote of the members. For the avoidance doubt, each Family Member membership gets two votes in the aggregate (each person in the family unit that is the Family Member holding the family membership does not get two votes). The two votes of a Family Member shall be divided equally between the parents and guardians in the family unit but each parent or guardian may designate in the membership application another parent, guardian, step-parent or grandparent in the family unit to cast his or her vote. Form 990, Part VI, Section A, line 8b The Organization has an Executive Committee but they did not act during the year. Form 990, Part VI, Section B, line 11b A copy of the Form 990 was distributed to the Board of Directors for review via email prior to it being filed. Form 990, Part VI, Section B, line 15a The search and interview committee, consisting of several board members, took many things into consideration when determining the compensation for the Executive Director. The committee considered what other FYHA positions were being paid and what, if any of their responsibilities applied to the position. The committee also looked at other hockey associations of similar size and obtained Executive Director compensation information from them, to confirm compensation was the appropriate salary range for the position. Form 990, Part VI, Section C, line 19 The governing documents and financial statements are available to the public upon request. Part X: The Organization entered into a Sponsorship Agreement on 10/4/2022 by and between the Park District of the City of Fargo The Park District plans to build, own, operate and maintain a wellness sports complex currently named Fargo Sports Complex. As part of the agreement the Organization has agreed to pay the Park District of the City of Fargo $3 million dollars over 10 years to purchase donor recognition rights to the Sports Complex. In addition, the Organization has committed to entering a 25-year lease with the Park District for the rental of one sheet of ice at the Sports Complex. The lease will commence upon completion of the ice at the Sports Complex. A related liability of $3 million has been included on the balance sheet for the Organization's sponsorship committment. A lease liability will be recorded on the balance sheet upon completion of the ice at the Sports Complex.