Twin Mountain Snowmobile Club Inc is located in Twin Mountain, NH. The organization was established in 1993. 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. Twin Mountain Snowmobile Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 04/2024, Twin Mountain Snowmobile Club Inc generated $57.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $53.0k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 4 years. 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
2024
Describe the Organization's Program Activity:
Part 3
THE CLUB IS RESPONSIBLE FOR GROOMING MILES OF TRAILS IN WINTER FOR THE RECREATION AND ENJOYMENT OF THOUSANDS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Harold Garneau President | 2 | $0 | |
Karen Horsch Treasurer & Secretary | 2 | $0 | |
Albert Pearce Trail Master | 2 | $0 | |
Steven Laroza Vice President | 2 | $0 | |
Wayne Garneau Director | 2 | $0 | |
Paul Lemieux Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,500 |
Total Program Service Revenue | $0 |
Membership dues | $6,250 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $9,300 |
Other Revenue | $39,245 |
Total Revenue | $57,295 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $5,909 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $2,047 |
Other expenses | $45,033 |
Total expenses | $52,989 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $33,622 |
Other assets | $0 |
Total assets | $362,017 |
Total liabilities | $63,205 |
Net assets or fund balances | $298,812 |