Mad River Path Association
- Assets
- $170.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waitsfield, VT
- Founding
- 07/1992
- Data as of
- 12/2023
- EIN
- 22-3159859
Organization Overview
Mad River Path Association is located in Waitsfield, VT. The organization was established in 1992. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mad River Path Association 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 12/2023, Mad River Path Association generated $124.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $77.4k during the year ending 12/2023. 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
MAINTAIN 15 MILES OF TRAILS, DEVELOP ACTIVE TRANSPORTATION CORRIDOR AND RUN VARIOUS EVENTS. THOUSANDS USE THE TRAILS AND OVER 500 PARTICIPATE IN THE OTHER EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlie Hosford Director | 10 | $0 | |
Rocky Bleier Director | 1 | $0 | |
David Hodgson Director | 3 | $0 | |
David Ellison Treasurer | 1 | $0 | |
Mac Rood President | 6 | $0 | |
Patrick Travers Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,179 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $361 |
| Total Revenue | $124,540 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,839 |
| Professional fees and other payments to independent contractors | $8,779 |
| Occupancy, rent, utilities, and maintenance | $3,129 |
| Printing, publications, postage, and shipping | $4,205 |
| Other expenses | $10,434 |
| Total expenses | $77,386 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $155,423 |
| Other assets | $0 |
| Total assets | $170,336 |
| Total liabilities | $751 |
| Net assets or fund balances | $169,585 |