Civic Intelligence

Chicago North Hockey Club Nfp

EIN 87-3134923 • 501(c)3 • Chicago, IL

Pub. 78 EligibleNTEE N60

Profile

The Club's mission is to promote and support high school in Chicago covering the northern section of the city.

2323 W HutchinsonChicago, IL 60618

www.chicagonorthhockey.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

43rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE N • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

43rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE N • $500k-$1M nonprofits • Source year 2024

Net Margin

67th percentile

13%

Higher net margin than 67% of similar nonprofits.

NTEE N • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE N • $500k-$1M nonprofits • Source year 2024

Asset Growth

95th percentile

246%

Faster asset growth than 95% of similar nonprofits.

NTEE N • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

84th percentile

48%

Faster revenue growth than 84% of similar nonprofits.

NTEE N • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$103,760

Up $73,795 (+246%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$103,760

Up $73,795 (+246%) from 2023

Operations
Liabilities / Revenue43rd percentileNet Margin67th percentile

Revenue

Up

$555,300

Up $179,452 (+48%) from 2023

Expenses

Up

$481,505

Up $120,411 (+33%) from 2023

Net Income

Up

$73,795

Up $59,041 (+400%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth95th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2023: $29,965Liabilities 2023: $0Net Assets 2023: $29,9652023Assets 2024: $103,760Liabilities 2024: $0Net Assets 2024: $103,7602024

Highlighted filing

2024

Assets$103,760
Liabilities$0
Net Assets$103,760
Open 2024 Filing

Operations Trend

Revenue Growth84th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0Revenue 2023: $375,848Expenses 2023: $361,094Net Income 2023: $14,7542023Revenue 2024: $555,300Expenses 2024: $481,505Net Income 2024: $73,7952024

Highlighted filing

2024

Revenue$555,300
Expenses$481,505
Net Income$73,795
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$103,760
Liabilities
$0
Net assets
$103,760
Revenue
$555,300
Expenses
$481,505
Net income
$73,795
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$5.55$4.82$0.74
2023Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$3.76$3.61$0.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 11, 2024
Return Version
2023v5.0
Gross Receipts
$555,300
Mission and Program Overview

Mission

The Club's mission is to promote and support high school in Chicago covering the northern section of the city.

The Club promotes and supports high school hockey in Chicago covering the northern section of the city. Chicago high schools (public or private) within the geographic parameters assigned to Chicago North, that do not have their own high school hockey team, are eligible to play hockey for the Club. The Club is managed by parent volunteers and a paid hockey director and coaching staff that are non-employee contractors. The Club fields teams for a fall/winter season that starts in September and runs through March of the following calendar year and will also hold off-season spring and summer training programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$29,965$103,760▲ $73,795
Rtn Earn Endowment Incm Other Fnds$29,965$103,760▲ $73,795
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$29,965$103,760▲ $73,795
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$29,965$103,760▲ $73,795
Total Liabilities and Net Assets / Fund Balance$29,965$103,760▲ $73,795
Compensation and Service Providers
Top Officer Pay70th percentile

Board Members and Trustees

NameTitle
Mike HortatsosPresident
Jenny SolbergVice President
Pat LooneyVice President
Stephanie CoslowVice President
Joe GwinnSecretary
Tim BuckleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$555,300
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$73,795
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$346,375
Salaries, Compensation, and Employee Benefits$135,130
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$135,130$0$0$135,130
Other Expenses$23,655$0$0$23,655
All Other Expenses$13,864$0$0$13,864
Total Functional Expenses$481,505$0$0$481,505
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form is completed by a volunteer member of the governing board and reviewed by the President of the Club. The draft form is circulated to other volunteer members of the governing board.”

Form 990, Part VI, Section C, Line 19

“Financial information and copies of any required public filing are available upon request.”

Filing and Contact Details

Filer

Filer Name
Chicago North Hockey Club Nfp
EIN
87-3134923
Phone
3123424848
Address
2323 W Hutchinson, Chicago, IL 60618

Signing Officer

Name
Tim Buckley
Title
Treasurer
Phone
3124041090
Signed
2024-10-11

Organization Details

Principal Officer
Mike Hortatsos
Formed
2021
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

“parameters assigned to Chicago North Hockey Club, that do not have their own high school hockey team, are eligible to play hockey for the Club. The Club is managed by parent volunteers and a paid hockey director and coaching staff that are non-employee contractors. The Club fields teams for a fall/winter season that starts in September and runs through March of the following calendar year and will also hold off-season spring and summer training programs.”

Form 990, Part XI, Line 9

“To adjust for rounding differences.”

Raw XML AppendixShowing 400 of 569 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Ice Rental
IRS990/OtherExpensesGrp/Desc1Equipment
IRS990/OtherExpensesGrp/Desc2League, tournament and playoff fees
IRS990/OtherExpensesGrp/Desc3Off-ice training
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0217114
IRS990/OtherExpensesGrp/ProgramServicesAmt148204
IRS990/OtherExpensesGrp/ProgramServicesAmt243538
IRS990/OtherExpensesGrp/ProgramServicesAmt323655
IRS990/OtherExpensesGrp/TotalAmt0217114
IRS990/OtherExpensesGrp/TotalAmt148204
IRS990/OtherExpensesGrp/TotalAmt243538
IRS990/OtherExpensesGrp/TotalAmt323655
IRS990/OtherOrganizationDsc0Not for profit corporation
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0135130
IRS990/OtherSalariesAndWagesGrp/TotalAmt0135130
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Mike Hortatsos
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0247756
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0375848
IRS990/PYRevenuesLessExpensesAmt014754
IRS990/PYSalariesCompEmpBnftPaidAmt0113338
IRS990/PYTotalExpensesAmt0361094
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0375848
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt073795
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00

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