Fort Fairfield Snowmobile Club
- Assets
- $157.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Fairfield, ME
- Founding
- 04/1996
- Data as of
- 12/2022
- EIN
- 01-0468398
Organization Overview
Fort Fairfield Snowmobile Club is located in Fort Fairfield, ME. The organization was established in 1996. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Fairfield Snowmobile Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Fort Fairfield Snowmobile Club generated $43.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $50.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SNOWMOBILE AND RECREATIONAL TRAILS FOR AREA RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Iverson President | 10 | $0 | |
James Ralph Vice Preside | 10 | $0 | |
Sharon Mossy Secretary | 10 | $0 | |
Debbie Iverson Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,105 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,655 |
| Investment income | $97 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,366 |
| Other Revenue | $450 |
| Total Revenue | $43,673 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $845 |
| Occupancy, rent, utilities, and maintenance | $2,681 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,654 |
| Total expenses | $50,180 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,061 |
| Other assets | $0 |
| Total assets | $157,825 |
| Total liabilities | $0 |
| Net assets or fund balances | $157,825 |