Salisbury Winter Sports Assoc Inc
- Assets
- $292.4k
- Revenue
- $255.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Salisbury, CT
- Founding
- 09/1951
- Data as of
- 03/2022
- EIN
- 06-0672022
Organization Overview
Salisbury Winter Sports Assoc Inc is located in Salisbury, CT. The organization was established in 1951. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, 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. Salisbury Winter Sports Assoc 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 03/2022, Salisbury Winter Sports Assoc Inc generated $255.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $246.4k during the year ending 03/2022. While expenses have increased by 18.7% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ACQUAINT NEARBY COMMUNITIES WITH NORDIC SKI JUMPING AND CROSS COUNTRY SKIING AND TO TEACH THE SKILLS NECESSARY FOR THEIR ENJOYMENT AND LIFELONG PURSUIT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ACQUAINT NEARBY COMMUNITIES WITH NORDIC SKI JUMPING AND CROSS COUNTRY SKIING AND TO TEACH SKILLS NECESSARY FOR THEIR ENJOYMENT AND LIFELONG PURSUIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mat Kiefer Vice President | Officer | 0 | $0 |
Ken Barker President | Officer | 0 | $0 |
Cary Fiertz Secretary | Officer | 0 | $0 |
Jon Higgins Treasurer | Officer | 0 | $0 |
Don Breslauer Director | Trustee | 0 | $0 |
Digby Brown Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $50,507 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,507 |
| 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 | $204,697 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $255,204 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $524 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $49,690 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,141 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,369 |
| Insurance | $10,992 |
| All other expenses | $49,208 |
| Total functional expenses | $246,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,573 |
| 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 | $211,863 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $292,436 |
| Accounts payable and accrued expenses | $0 |
| 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 | $12,995 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2 |
| Total liabilities | $12,997 |
| Net assets without donor restrictions | $279,439 |
| 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 | $292,436 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Salisbury Winter Sports Assoc Inc has recieved totaling $9,500.
| Awarding Organization | Amount |
|---|---|
The Berkshire Taconic Community Foundation Inc Sheffield, MA PURPOSE: GENERAL SUPPORT | $7,500 |
Fairfield Foundation Tr New York, NY PURPOSE: COMMUNITY SERVICE | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Newton Community Service Centers Inc West Newton, MA | $2,289,980 | $4,749,934 |
Oakcliff Sailing Incorporated Oyster Bay, NY | $7,177,824 | $2,437,513 |
Winding Trails Inc Farmington, CT | $7,374,306 | $2,801,335 |
Rhode Island Interscholastic League Inc Warwick, RI | $4,382,544 | $1,194,962 |
United Workers Inc New Haven, CT | $1,308,064 | $1,358,213 |
New York State Public High School Athletic Association Section Iii East Syracuse, NY | $1,180,840 | $1,444,967 |
Intercollegiate Womens Lacrosse Coaches Association Inc Northborough, MA | $760,191 | $1,196,915 |
Wellesley United Soccer Club Inc Wellesley Hills, MA | $1,494,733 | $1,155,570 |
Eastern College Athletic Conference Inc Danbury, CT | $456,901 | $1,031,018 |
Wendy Hilliard Foundation New York, NY | $492,765 | $841,712 |
Newton Girls Soccer Inc Newton Upper Falls, MA | $763,753 | $809,033 |
Mahopac Sports Association Inc Mahopac, NY | $535,750 | $662,296 |