Mountain Laurel Skiers Incorporated
- Assets
- $430.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Farmington, CT
- Founding
- 06/1975
- Data as of
- 05/2023
- EIN
- 06-6070961
Organization Overview
Mountain Laurel Skiers Incorporated is located in Farmington, CT. The organization was established in 1975. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountain Laurel Skiers Incorporated is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2023, Mountain Laurel Skiers Incorporated generated $112.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 33.4% each year . All expenses for the organization totaled $99.7k during the year ending 05/2023. While expenses have increased by 13.5% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OPERATION OF SKI LODGE FACILITY FOR ORGANIZATION MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Houck President | 4 | $0 | |
Marjorie Wasel Past Preside | 3 | $0 | |
Pamela Doblosky Vice-Preside | 3 | $0 | |
Karen Grossman Secretary | 2 | $0 | |
Pat Branagan Ass't Secret | 2 | $0 | |
Michael Russo Treasurer | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $82,933 |
| Membership dues | $28,200 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,181 |
| Other Revenue | $0 |
| Total Revenue | $112,318 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,025 |
| Occupancy, rent, utilities, and maintenance | $75,076 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,578 |
| Total expenses | $99,679 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,938 |
| Other assets | $0 |
| Total assets | $430,021 |
| Total liabilities | $286,405 |
| Net assets or fund balances | $143,616 |