New England Masters Skiing Inc is located in Killington, VT. The organization was established in 1992. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, 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. New England Masters Skiing Inc 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 05/2024, New England Masters Skiing Inc generated $69.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $66.6k during the year ending 05/2024. While expenses have increased by 6.9% 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
2024
Describe the Organization's Program Activity:
Part 3
IN THE 2023-2024 SEASON, WE HOSTED TEN DIFFERENT EVENTS WHICH OFTEN CONTAINED MULTIPLE DAYS OF ALPINE SKI RACING. WE HAD HUNDREDS OF UNIQUE RACERS JOIN US FOR OUR EVENTS, AND HAD THOUSANDS OF INDIVIDUAL STARTS THROUGHOUT THE SEASON.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matthew Mitsis President | 5 | $0 | |
Nadine Price Vice President | 1 | $0 | |
Kim Wolff Secretary | 1 | $0 | |
Taylor Moon Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $62,868 |
Membership dues | $6,265 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $69,133 |
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 | $4,000 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $62,594 |
Total expenses | $66,594 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $25,720 |
Other assets | $0 |
Total assets | $25,720 |
Total liabilities | $0 |
Net assets or fund balances | $25,720 |