Skip to main content

Nonprofit · EIN 27-4463412

MINNESOTA HEAT HOOPS INC

Tax-exempt · MAPLE GROVE, MN 55311

Financials

$727K$630K2022$1.6M$1.5M2023$1.5M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of MINNESOTA HEAT HOOPS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,545,502$1,634,891-$89,389$265,713$9,366$256,347
December 31, 2023990$1,611,250$1,522,232$89,018$365,144$19,408$345,736
December 31, 2022990$726,987$630,397$96,590$143,958$9,966$133,992
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,523,350
Investment income
$21,280
Other revenue
$872

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$278,887
Other salaries and wages
$112,666
Salaries, compensation and benefits (total)
$421,575
Professional fundraising fees
$0
Accounting fees
$28,858
Travel
$63,296
Program services (functional)
$1,338,330
Management and general (functional)
$296,561

Balance sheet and other

Total assets, start of year
$365,144
Total assets, end of year
$265,713
Total liabilities, end of year
$9,366
Net assets, end of year
$256,347
Net assets without donor restrictions
$256,347
Gross receipts
$1,545,502
Employees
4
Volunteers
30
Year formed
2011
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
WILLIE VANGBOARD MEMBER
Trustee or director, Officer
20$264,500$14,387
ANDREW LINAMANPRESIDENT
Officer
5$0$0
KARIN MARTINEKSECRETARY
Officer
5$0$0
MARY HOPPTREASURER
Officer
5$0$0
NICK CARROLLBOARD MEMBER
Officer
–$0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationOther / benefits
WILLIE VANGBOARD MEMBER
Trustee or director, Officer
20$237,000$6,310
ANDREW LINAMANPRESIDENT
Officer
5$0$0
KARIN MARTINEKSECRETARY
Officer
5$0$0
MARY HOPPTREASURER
Officer
5$0$0
NICK CARROLLBOARD MEMBER
Officer
5$0$0
990 for the year ended December 31, 2022: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
WILLIE VANGBOARD MEMBER
Trustee or director, Officer
20$42,750$126,250$1,152
ANDREW LINAMANPRESIDENT
Officer
5$0$0$0
KARIN MARTINEKSECRETARY
Officer
5$0$0$0
MARY HOPPTREASURER
Officer
5$0$0$0
NICK CARROLLBOARD MEMBER
Officer
5$0$0$0

Address and contacts

Address (IRS master file)
17377 91ST AVE N, MAPLE GROVE, MN 55311-5403
In care of
% WILLIAM VANG
Principal officer (990 for 2024)
WILLIE VANG, 17377 91ST AVE N, MAPLE GROVE, MN 55311
Signed the 990
WILLIE VANG, BOARD MEMBER
Phone
(651) 269-9822
Return prepared by
VALTINSON TAX SERVICES LLC

Mission

CHARITABLE AND EDUCATIONAL PURPOSES: -PROVIDING BASKETBALL PROGRAMS TO CHILDREN THAT OTHERWISE COULD NOT AFFORD TO PLAY. -ORGANIZING BASKETBALL RELATED EVENTS FOR PLAYERS SUCH AS PROFESSIONAL & HS GAMES. -SUPPORTING LOCAL SCHOOLS & COMMUNITIES BY RENTING THEIR FACILITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • MINNESOTA HEAT HOOPS GREW TO 120 TOTAL TEAMS (87 METRO BOYS, 21 METRO GIRLS, 12 ROCHESTER) IN THE SPRING SEASON ACCOMMODATING AROUND 1,200 PLAYERS. THE PROGRAM EXPANDED OUTSIDE OF THE METRO TWIN CITIES AND STARTED FIELDING TEAMS OUT OF THE ROCHESTER AREA. WITH THE NEWFOUND MARKET IN THE SOUTHEASTERN REGION, WE WERE ABLE TO ADD 12 TEAMS IN THE PAST SPRING. ON TOP OF OUR SPRING TEAMS, WE ALSO FIELDED 21 TEAMS DURING OUR FALL SEASON. FOR THE FIRST TIME IN PROGRAM HISTORY, WE WILL ALSO FIELD A WINTER TEAM COMPRISED OF PLAYERS FROM THE EDINA TRAVEL ASSOCIATION WHO WERE CUT FROM THEIR TRYOUTS GIVING MORE KIDS THE OPPORTUNITY TO KEEP PLAYING BASKETBALL COMPETITIVELY. THE PROGRAM ALSO SCHOLARSHIPPED A TOTAL OF 30,000 WORTH OF SEASON FEES DURING THE YEAR. LAST BUT NOT LEAST, 2022 WILL BE CAPPED OFF WITH OUR ANNUAL HEAT CHRISTMAS EVENT WHERE WE PROVIDE A UNIQUE CHRISTMAS EXPERIENCE FOR OUR ATHLETES THAT COME FROM FINANCIALLY CHALLENGED BACKGROUNDS.
    Expenses $1,102,668 · revenue $1,573,009
  • PAYMENT OF CAMP FEES FOR UNDERPRIVELEGED YOUTHS
  • FEES PAID FOR GYM RENTALS
    Expenses $235,662

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-4463412
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$265,713
Income (IRS master file)
$1,545,502

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,545,502$1,634,891$265,713IRS
990December 2023$1,611,250$1,522,232$365,144XML
990December 2022$726,987$630,397$143,958XML
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-4463412).

Questions about MINNESOTA HEAT HOOPS INC

What is the EIN of MINNESOTA HEAT HOOPS INC?
The employer identification number (EIN) of MINNESOTA HEAT HOOPS INC is 27-4463412.
Is MINNESOTA HEAT HOOPS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to MINNESOTA HEAT HOOPS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MINNESOTA HEAT HOOPS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MINNESOTA HEAT HOOPS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MINNESOTA HEAT HOOPS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MINNESOTA HEAT HOOPS INC?
The 990 for the year ended December 31, 2024 names WILLIE VANG.
Who are the officers and directors of MINNESOTA HEAT HOOPS INC?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $264,500 (WILLIE VANG, BOARD MEMBER).
How much revenue does MINNESOTA HEAT HOOPS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,545,502, expenses of $1,634,891 and total assets of $265,713 at year end.

Other nonprofits in MAPLE GROVE

All nonprofits in MAPLE GROVE · Minnesota