HighSchoolHockeyForums.com

After reading the MNHOCKEY minutes, why does the board need over
$600,000 in money market accounts?

maybe to keep the cash on hand liquid while still earning some interest.

or

to fund their vacations

I'd be worried if they didn't have a lot in reserve. Is money market the best place? Depends upon liquidity needs.

I'm assuming they have a Fiduciary Responsibility to not invest in anything which could be construed as risky. This was the case when I dealt with non-profit boards in the past.

mnhcp wrote:I'm assuming they have a Fiduciary Responsibility to not invest in anything which could be construed as risky. This was the case when I dealt with non-profit boards in the past.

So your saying "Stretch Drive" in the fifth race to win is not being financially responsible?

or they shouldn't respond to those emails from the ousted African royalty who keeps sending messages stating that could increase your investment
100 fold for a few thousand dollars sent today?

So when they have their meetings in Duluth, they will have some money for the Jazz club.

nope you got it all wrong, it is to pay for all the blue pucks they got on order,to pay off the Mayo Clinic for a study they called fair play points,to hold seminar this year to instruct people that want to come and learn how to grow hockey at the youngest level{by the way it is in only one rinkfor a few hours}and then you got to remember the new order of stop patches coming.
If they have any more im sure they will come up with a way of throwing it away {Maybe bring back that one tourney site deal and they will pay ESPN or FOX to cover it}.
But just maybe they would think of lowering fees and putting something back to the communities that give them this, after all most of the money is theirs .
Opps cant do that that might bring more kids into the game , what a novel approach.

oohhhh cant forget , they might have to have some left over so they can have some heavy men go after people that dont agrre with the good ole boys to shut them up{like they are triing on ELLIOT}

Seriously, what is the rub with the blue pucks?

O-townClown wrote:Seriously, what is the rub with the blue pucks?

O Have you ever tried to work with them? might as well use super balls, it was, and still is a bad idea, if you could keep them lighter without the bounce it'd be fine.
Kids learned with a regular puck for years, they are trading off some skills for others.
Next we'll wonder why these kids don't keep their stick on the ice? it's because they're trying to catch bouncing pucks!

Can't Never Tried wrote:

O-townClown wrote:Seriously, what is the rub with the blue pucks?

O Have you ever tried to work with them? might as well use super balls, it was, and still is a bad idea, if you could keep them lighter without the bounce it'd be fine.
Kids learned with a regular puck for years, they are trading off some skills for others.
Next we'll wonder why these kids don't keep their stick on the ice? it's because they're trying to catch bouncing pucks!

CANT has it right.

I would like to add, why dictate what local people feel is best for development?

In the new minutes there are a few comments on 'conflict of interest'. How about a itemized list of stipends (let's just say ALL accounts payable), amount and recipient... for the last 5 years?

How many of those do you think are on the board of MN Hockey?

I'm sure it's not making anyone rich (at least I'd hope not), but I'll bet it would pay for a few hours of ice, or maybe a year with no registration fees...

As an FYI, I asked Mark J for this list at one point, and it was never given. Point of law with a MN Non-profit?

HockeyFan55 wrote:In the new minutes there are a few comments on 'conflict of interest'. How about a itemized list of stipends (let's just say ALL accounts payable), amount and recipient... for the last 5 years?

How many of those do you think are on the board of MN Hockey?

I'm sure it's not making anyone rich (at least I'd hope not), but I'll bet it would pay for a few hours of ice, or maybe a year with no registration fees...

As an FYI, I asked Mark J for this list at one point, and it was never given. Point of law with a MN Non-profit?

I believe that if you are a member of a nonprofit organization in good standing you can request and should receive a copy of the financials.
But are we members, or are the association boards the members to MN hockey and we are members of the local association?

Can't Never Tried wrote:

HockeyFan55 wrote:In the new minutes there are a few comments on 'conflict of interest'. How about a itemized list of stipends (let's just say ALL accounts payable), amount and recipient... for the last 5 years?

How many of those do you think are on the board of MN Hockey?

I'm sure it's not making anyone rich (at least I'd hope not), but I'll bet it would pay for a few hours of ice, or maybe a year with no registration fees...

As an FYI, I asked Mark J for this list at one point, and it was never given. Point of law with a MN Non-profit?

I believe that if you are a member of a nonprofit organization in good standing you can request and should receive a copy of the financials.
But are we members, or are the association boards the members to MN hockey and we are members of the local association?

I can answer this one based on my research with the MN State Attorney General's office on another state non-profit athletic organization.

Individuals are considered members if they are part of association in good standing with the state organization and are current with their association fees.

They should be just putting their annual reports right on the web site and their monthly reports too but are fearful of too many financial questions that would take away from their hockey priorities.

Send a written request to Jim Bullard for whatever info you want.

I am sure he will comply with you.

He is listed on the Mn Hockey web page as controller.

If it is out of the ordinary there may be a charge.

elliott70 wrote:Send a written reqiest to Jim Bullard for whatever info you want.

I am sure he will comply with you.

He is listed on the Mn Hockey web page as controller.

If it is out of the ordinary there may be a charge.

Can you claim hardship and have the fee waived

Can't Never Tried wrote:

O-townClown wrote:Seriously, what is the rub with the blue pucks?

O Have you ever tried to work with them? might as well use super balls, it was, and still is a bad idea, if you could keep them lighter without the bounce it'd be fine.
Kids learned with a regular puck for years, they are trading off some skills for others.
Next we'll wonder why these kids don't keep their stick on the ice? it's because they're trying to catch bouncing pucks!

Yeah. I didn't notice them bouncing too much. Maybe they are only appropriate for the youngest kids. At age 5 and 6 they can pass the puck further and have a much easier time shooting.

Our Mite program had the first practice last night. You'll be happy to know the coach had all black pucks. They shared ice with mini-Mites and they too had all black.

I can see them bouncing around and being hard to control when the kids are stronger.

Thanks for the explanation. I've seen posts where people complain, but never understood what the problem was.

Can't Never Tried wrote:

elliott70 wrote:Send a written reqiest to Jim Bullard for whatever info you want.

I am sure he will comply with you.

He is listed on the Mn Hockey web page as controller.

If it is out of the ordinary there may be a charge.

Can you claim hardship and have the fee waived

If you live in Rogers, yes.