Woodstock Recreation Center Inc
- Assets
- $462.0k
- Revenue
- $558.3k
- Investments
- $0.0
- Employees
- 30
- Location
- Woodstock, VT
- Founding
- 02/1999
- Data as of
- 08/2023
- EIN
- 03-0352998
Organization Overview
Woodstock Recreation Center Inc is located in Woodstock, VT. The organization was established in 1999. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. As of 08/2023, Woodstock Recreation Center Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woodstock Recreation Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Woodstock Recreation Center Inc generated $558.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $657.6k during the year ending 08/2023. 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
THE WOODSTOCK RECREATION CENTER IS A COMMUNITY RECREATION AND FITNESS CENTER PROVIDING CLASSES AND YOUTH SPORTS PROGRAMS TO WOODSTOCK AND THE SURROUNDING TOWNS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A VARIETY OF TEAM SPORTS FOR YOUTH INCLUDING BASEBALL, BASKETBALL, SOCCER AND SWIM PROGRAMS.
CLASSES AND ACTIVITIES, DAY CAMP AND FACILITIES RENTAL
PROVIDE A VARIETY OF FITNESS PROGRAMS AND CLASSES FOR ADULTS
OPERATING RECREATIONAL SWIMMING POOL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emma Schmell Chairperson | OfficerTrustee | 1 | $0 |
Barry Mangan Vice Chairperson | OfficerTrustee | 1 | $0 |
David Doubleday Secretary | OfficerTrustee | 1 | $0 |
Jim Giller Treasurer | OfficerTrustee | 1 | $0 |
Gail Devine Executive Director | OfficerTrustee | 40 | $81,171 |
Joel Carey Assistant Director | OfficerTrustee | 40 | $62,469 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $234,928 |
| All other contributions, gifts, grants, and similar amounts not included above | $79,103 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $314,031 |
| Total Program Service Revenue | $203,225 |
| Investment income | $23 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $41,032 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $558,311 |
| 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. | $87,680 |
| Compensation of current officers, directors, key employees. | $38,135 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $252,111 |
| Pension plan accruals and contributions | $4,057 |
| Other employee benefits | $21,027 |
| Payroll taxes | $28,242 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,226 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,529 |
| Office expenses | $13,657 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $66,147 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $545 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,575 |
| Insurance | $0 |
| All other expenses | $93,743 |
| Total functional expenses | $657,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,791 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $539 |
| 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 | $4,899 |
| Net Land, buildings, and equipment | $346,806 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $462,035 |
| Accounts payable and accrued expenses | $1,366 |
| Grants payable | $0 |
| Deferred revenue | $18,564 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,704 |
| Total liabilities | $28,634 |
| Net assets without donor restrictions | $0 |
| 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 | $433,401 |
| Total liabilities and net assets/fund balances | $462,035 |