FOGERTY ICE ARENA THE ICE HOUSE INC

EIN: 411421527 501(c)(3)

BLAINE, MN

Total Revenue
$1,746,377
Total Expenses
$2,006,700
Total Assets
$6,129,933
Net Assets
$2,246,302
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
MN
Principal Officer
ROB HALL
Phone
7637803328
Tax Period
2024-07-01 to 2025-06-30

FOGERTY ICE ARENA THE ICE HOUSE INC, founded in 1982, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $2.0M exceeded revenue, resulting in a 15% operating deficit.

Mission

TO PROVIDE OUR PATRONS WITH A WORLD CLASS FACILITY AT THE LOWEST POSSIBLE PRICES, TO ASSIST IN KEEPING THE COSTS OF ACTIVITIES IN THE FACILITY AS LOW AS POSSIBLE, SO THAT MORE PEOPLE CAN LEARN TO PLAY AND ENJOY THE WONDERFUL SPORTS OF HOCKEY AND CURLING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,714
Program Service Revenue $1,578,338
Investment Income $17,501
Other Revenue $145,824
TOTAL REVENUE $1,746,377

Expense Breakdown

Grants Paid $0
Salaries & Benefits $881,629
Fundraising Expenses $2,728
Program Expenses $1,800,989
Other Expenses $1,125,071
TOTAL EXPENSES $2,006,700

Year-over-Year Comparison

2024 2023 Change
Revenue $1,746,377 $1,945,055 -0.1%
Expenses $2,006,700 $2,004,013 +0.0%
Net Income $-260,323 $-58,958 +3.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
58
Volunteers
80

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$127,950
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROB HALL MANAGER 40.00
Officer
$108,036 $19,914 $127,950
CHUCK MCQUILLAN PRESIDENT 1.00
Officer Director
$0 $0 $0
MARK LEE VICE PRESIDE 1.00
Officer Director
$0 $0 $0
REX NELSON SECRETARY/TR 1.00
Officer Director
$0 $0 $0
TOMM BERQUIST BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL CONERY BOARD MEMBER 1.00
Director
$0 $0 $0
NATE CONERY BOARD MEMBER 1.00
Director
$0 $0 $0
JESS ROBERTSON BOARD MEMBER 1.00
Director
$0 $0 $0
TONY PALUMBO BOARD MEMBER 1.00
Director
$0 $0 $0
DJ CLARK BOARD MEMBER 1.00
Director
$0 $0 $0
PETER MCKENZIE BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,746,377 $2,006,700 $6,129,933 $-260,323
2024 No data No data No data No data
2023 $1,757,189 $1,925,322 $6,479,655 $-168,133
2022 $2,177,633 $1,813,982 $6,705,684 $363,651
2021 $1,774,624 $1,566,447 $6,643,425 $208,177
2020 $1,422,655 $1,867,830 $6,337,821 $-445,175
2019 $1,916,178 $1,992,884 $6,869,630 $-76,706
2018 $1,858,632 $1,992,827 $7,138,863 $-134,195
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