New Jersey Ski & Snowboard Council Inc
- Assets
- $174.7k
- Revenue
- $461.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Hiawatha, NJ
- Founding
- 10/1997
- Data as of
- 06/2023
- EIN
- 22-6049211
Organization Overview
New Jersey Ski & Snowboard Council Inc is located in Lake Hiawatha, NJ. The organization was established in 1997. 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 Jersey Ski & Snowboard Council Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2023, New Jersey Ski & Snowboard Council Inc generated $461.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $459.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 8 years. 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
PROMOTE THE SPORT OF SKIING THROUGH THE PROGRAMS OF CHARTER SKI TRIPS, SKI RACE COMPETITIONS, SKI INSTRUCTION AND OBTAINING SKI LIFT TICKETS AT DISCOUNT PRICES FOR ITS MEMBERS AND SUPPORTING THE SKI TEAM AT OLYMPICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISCOUNT SKI LIFT TICKETS THROUGH THIS PROGRAM, THE COUNCIL HAS BEEN ABLE TO REDUCE THE HIGH COST OF SKIING TO OVER 15,000 MEMBERS AND THEREBY, PROMOTING THE SPORT OF SKIING.
CHARTER SKI TRIPS THROUGH THE COUNCILS CHATER SKI TRIPS TO WESTERN US SKI RESORTS AND VARIOUS INTERNATIONAL RESORTS, THE SPORT IS PROMOTED AND PROVIDES FELLOWSHIP AMONG THE MEMBERS. ALL ACCOMPLISHED AT RESONABLE RATES THAT THE MEMBERS CAN AFFORD.
SKI RACING AND INSTRUCTION THE COUNCILS SKI RACING COMPETION PROGRAMS PROMETES THE SPORT THROUGH THE NJ STATE ALPINE RACE, PRESIDENTS RACE AND MID WEEK RACE LEAGUE. THE COUNCIL PROMOTS THE SPORT AND MAKES PARTICIPANTS AWARE OF SKI SAFETY THROUGH INSTRUCTION AND RACING AND RECREATIONAL SKIING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Harvis Board Members | Trustee | 5 | $0 |
Wendy Warren Board Members | Trustee | 5 | $0 |
Ed Dalton Board Members | Trustee | 5 | $0 |
Charlie Friedman Board Members | Trustee | 5 | $0 |
Susan Dolan President | Officer | 5 | $0 |
Dennis Young Vice President | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,775 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,775 |
| Total Program Service Revenue | $456,127 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $461,908 |
| 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 | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,957 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $300 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $937 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $459,480 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,274 |
| Savings and temporary cash investments | $20,177 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $250 |
| Total assets | $174,701 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $78,633 |
| 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 | $0 |
| Total liabilities | $78,633 |
| 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 | $96,068 |
| Total liabilities and net assets/fund balances | $174,701 |