Swift Diamond Riders is located in Colebrook, NH. The organization was established in 1994. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, Swift Diamond Riders employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Swift Diamond Riders is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2023, Swift Diamond Riders generated $356.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $199.0k during the year ending 06/2023. While expenses have increased by 1.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE SPORT OF SNOWMOBILING AND GOOD CONDUCT OF SNOWMOBILERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAS PROMOTED THE SPORT OF SNOWMOBILING THROUGH TRAIL MAINTENANCE & MAPING & HAS PROMOTED RESPONSIBILITY, SAFETY, GOOD SPORTSMANSHIP & GOOD CONDUCT THROUGH VARIOUS SPECIAL SNOWMOBILING EVENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeffrey Haynes Dir/pres | OfficerTrustee | 3 | $1,230 |
Tim Anderson Dir/v President | OfficerTrustee | 3 | $0 |
Lisa Savage Treasurer/secretary | Officer | 3 | $3,242 |
Jason Bailant Director | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $17,014 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $287,638 |
All other contributions, gifts, grants, and similar amounts not included above | $3,971 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $308,623 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $48,138 |
Miscellaneous Revenue | $0 |
Total Revenue | $356,761 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $4,472 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $29,866 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,637 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,850 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $840 |
Office expenses | $9,406 |
Information technology | $3,527 |
Royalties | $0 |
Occupancy | $15,967 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $4,655 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $76,864 |
Insurance | $20,873 |
All other expenses | $0 |
Total functional expenses | $198,985 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $156,716 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $478,178 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $634,894 |
Accounts payable and accrued expenses | $549 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $86,135 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $86,684 |
Net assets without donor restrictions | $548,210 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $634,894 |