Driftdusters Snowmobile Club Inc
- Assets
- $510.8k
- Revenue
- $190.9k
- Investments
- $0.0
- Employees
- 8
- Location
- Derby, VT
- Founding
- 06/1974
- Data as of
- 10/2023
- EIN
- 03-0230075
Organization Overview
Driftdusters Snowmobile Club Inc is located in Derby, VT. The organization was established in 1974. 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 10/2023, Driftdusters Snowmobile Club Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Driftdusters 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 10/2023, Driftdusters Snowmobile Club Inc generated $190.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $271.2k during the year ending 10/2023. 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
PROVIDE SAFE AND SCENIC TRAILS FOR SNOWMOBILE TRAVEL
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SNOWMOBILE CLUB PURCHASES AND MAINTAINS TRAIL GROOMIING EQUIPMENT AND ESTABLIES THE TRAILS USED FOR SAFE TRAILRIDING BY THE GENERAL PUBLIC
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raul Torres Director | Trustee | 0 | $0 |
Brandon Phillips Director | Trustee | 0 | $0 |
Ed Jenness Director | Trustee | 0 | $0 |
Greg Ivers Director | Trustee | 0 | $0 |
Derek Moore Director | Trustee | 0 | $0 |
Darren Annis Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $26,718 |
| Fundraising events | $88,178 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,495 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,391 |
| Total Program Service Revenue | $73,699 |
| 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 | $699 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $190,870 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,242 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,250 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,434 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,575 |
| Office expenses | $2,348 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,238 |
| Interest | $6,682 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $106,934 |
| Insurance | $8,128 |
| All other expenses | $23,908 |
| Total functional expenses | $271,207 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,267 |
| Savings and temporary cash investments | $62,976 |
| 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 | $366,541 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $510,784 |
| Accounts payable and accrued expenses | -$584 |
| 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 | $97,018 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $96,434 |
| Net assets without donor restrictions | $414,350 |
| 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 | $510,784 |