Vermont Association Of Snow Travelers Inc is located in Barre, VT. The organization was established in 1993. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. As of 09/2021, Vermont Association Of Snow Travelers Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Association Of Snow Travelers 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 09/2020, Vermont Association Of Snow Travelers Inc generated $3.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $3.5m during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Vermont Association Of Snow Travelers Inc has awarded 63 individual grants totaling $626,046. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
COORDINATE THE STATEWIDE SNOWMOBILE TRAILS SYSTEM (SSTS), AND EDUCATE SNOWMOBILERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STATEWIDE SNOWMOBILE TRAILS PROGRAM (SSTP) - THE STATEWIDE SNOWMOBILE TRAILS SYSTEM (SSTS) IS COMPRISED OF MORE THAN 6,000 MILES OF INTERCONNECTED SNOWMOBILE TRAILS THAT EXTEND FROM THE CANADIAN BORDER IN THE NORTH, TO THE MASSACHUSETTS BORDER IN THE SOUTH, AND FROM THE NEW HAMPSHIRE BORDER IN THE EAST, TO THE NEW YORK BORDER IN THE WEST. THROUGH THE STATE OF VERMONT, VAST HAS BEEN AWARDED A COOPERATIVE AGREEMENT AND PARTNERSHIP WITH THE STATE OF VERMONT FOR THE FUTURE DEVELOPMENT, MAINTENANCE AND MANAGEMENT OF THE SSTS. TO THIS DATE, VERMONT IS THE ONLY STATE, OF 27 SNOW-BELT STATES, TO OPERATE ITS SSTP IN PARTNERSHIP WITH A PRIVATE NOT-FOR-PROFIT CORPORATION. FUNDING FOR THIS PROGRAM COMES THROUGH THE STATE OF VERMONT, AGENCY OF NATURAL RESOURCES, DEPARTMENT OF FORESTS, PARKS AND RECREATION, AND IS FROM THE FOLLOWING THREE SOURCES: (1) THE REVENUE COLLECTED FROM THE SALE OF VERMONT SNOWMOBILE REGISTRATIONS; FIVE DOLLARS OF EACH REGISTRATION IS RETAINED BY THE STATE TO FUND LAW ENFORCEMENT. THE DEPARTMENT OF FORESTS, PARKS, AND RECREATION TAKES 11,500 OFF THE TOP FOR ADMINISTRATIVE EXPENSES; (2) THE RETURN OF FINES AND PENALTIES THAT VERMONT COLLECTS FROM CITATIONS ISSUED FOR SNOWMOBILE LAW AND RULE VIOLATIONS; (3) BASED ON A FORMULA DEFINED IN CHAPTER 20, TITLE 10, VERMONT STATUTES ANNOTATED, VAST RECEIVES AN AMOUNT ANNUALLY FROM THE TOTAL GAS TAX COLLECTED.
VAST GENERAL PROGRAM - THE MAJOR REVENUE SOURCE FOR THIS BUDGET IS THE SALE OF A TRAIL PASS (TRAILS MAINTENANCE ASSESSMENT, OR "TMA") REQUIRED BY VERMONT LAW IN ORDER TO OPERATE A SNOWMOBILE ON THE SSTS. THIS PROGRAM ALSO RECEIVES GRANT FUNDING. ONE SOURCE OF GRANT REVENUE IS THE NATIONAL RECREATIONAL TRAILS PROGRAM. VAST HAS OTHER PARTNERSHIPS WITH FEDERAL AGENCIES, LIKE THE UNITED STATES FOREST SERVICE AND THE UNITED STATES FISH AND WILDLIFE SERVICES THAT BRING IN ADDITIONAL REVENUES. VAST SELLS ADVERTISING IN ITS MAGAZINE (PUBLISHED FIVE TIMES ANNUALLY) FOR ADDITIONAL PROGRAM REVENUE. THIS PROGRAM IS BROKEN DOWN INTO THE FOLLOWING THREE DIVISIONS - (1) ADMINISTRATION - THIS DIVISION OF THE PROGRAM PAYS FOR ADMINISTRATIVE SERVICES FOR THE BALANCE OF THE PROGRAM, INCLUDING ALL SALARIES AND WAGES, AND FRINGE BENEFITS PAID TO VAST STAFF. THE MAJOR INCOME SOURCES ARE A PORTION OF THE TMA REVENUE RAISED ANNUALLY AND THE SALE OF ADVERTISING WITHIN SNOWMOBILE VERMONT AND THE VAST WEBSITE. SNOWMOBILE VERMONT IS THE PRIMARY TOOL FOR COMMUNICATION WITH ITS MEMBERSHIP. THIS PROGRAM DIVISION IS ALSO REIMBURSED FOR EMPLOYEE WAGES AND BENEFITS THAT ARE EXPENDED ON BEHALF OF OTHER PROGRAMS OF VAST. (2) TRAILS - THIS DIVISION OF THE PROGRAM IS, BY FAR, THE LARGEST. VAST RUNS GRANT-IN-AID PROGRAMS FOR LOCAL CLUBS THAT ARE PAID FROM THIS PORTION OF THE VAST BUDGET. GRANT-IN-AID PROGRAMS INCLUDE: TRAIL CONSTRUCTION; TRAIL MAINTENANCE; TRAIL SIGNING; TRAIL DEBRUSHING; EMERGENCY ALLOCATIONS; GROOMING EQUIPMENT; GROOMING OF THE STATEWIDE SNOWMOBILE TRAILS SYSTEM; ETC. THIS DIVISION OF THE PROGRAM ALSO FUNDS VAST PUBLIC RELATIONS AND COMMUNICATIONS. MAJOR FUNDING FOR THIS DIVISION COMES FROM THE SALE OF THE TMA, AS WELL AS GRANTS GENERATED THROUGHOUT THE YEAR. (3) SCHOLARSHIPS - ONE TENTH OF ONE PERCENT OF EVERY VAST TMA GOES TO HELP FUND THIS PROGRAM DIVISION. IN ADDITION, ON JULY 15, 2019 VAST OPENED AN ANNUITY WITH GREAT AMERICAN INSURANCE GROUP IN AN EFFORT TO GAIN MORE INTEREST ON BOARD DESIGNATED AMOUNTS FOR SCHOLARSHIPS. VAST IS NO LONGER AFFILIATED WITH THE AFFINITY PROGRAM WITH LIBERTY MUTUAL INSURANCE COMPANY. CURRENTLY, VAST GIVES TWO 1,500 SCHOLARSHIPS ANNUALLY. THE GOAL IS TO BUILD THE FUND UNTIL IT BECOMES SELF-SUPPORTING AND ABLE TO GRANT TWO ANNUAL 2,500 SCHOLARSHIPS.
MORE THAN A DECADE AGO VAST STARTED WORKING ON A PROJECT THAT TODAY IS KNOWN AS THE LAMOILLE VALLEY RAIL TRAIL (LVRT). IN 1998 THE STATE OF VERMONT, THROUGH THREE OF VERMONT'S REGIONAL PLANNING COMMISSIONS, DEVELOPED A REQUEST FOR PROPOSAL FOR THE FUTURE USE OF THE OLD LAMOILLE VALLEY RAILROAD. VAST WAS ONE OF THREE RESPONDENTS TO THE RFP, AND ULTIMATELY, THE PROPOSAL FROM VAST, TO CREATE A 93 MILE LONG FOUR-SEASON RECREATIONAL TRAIL, WAS SELECTED AS THE BEST USE OF THE OLD RAILROAD. VAST HAD BEEN USING THE OLD RAIL BED AS A PART OF ITS SSTS FOR NEARLY FIVE YEARS PRIOR TO THE RFP'S ISSUANCE. VAST CREATED A COMMITTEE CALLED THE LAMOILLE VALLEY RAIL TRAIL COMMITTEE (LVRTC) TO OVERSEE THE DEVELOPMENT OF THE PROJECT. THE LVRTC IS COMPRISED OF REPRESENTATIVES FROM BOTH MOTORIZED AND NON-MOTORIZED RECREATIONAL VEHICLE USERS. CURRENTLY, IT IS PROJECTED THAT THE TOTAL COST TO COMPLETE THE LVRT WILL BE AROUND 16.8 MILLION AND WILL BE FUNDED BY FEDERAL AND STATE SOURCES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cynthia Locke Executive Di | Officer | 40 | $80,326 |
Tim Mills President | OfficerTrustee | 2 | $0 |
Jeff Fay Vice Preside | OfficerTrustee | 2 | $0 |
Patricia Companik Treasurer | OfficerTrustee | 2 | $0 |
Jim Hill Recording Se | OfficerTrustee | 2 | $0 |
Lewis Barnes Director/add | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $403,606 |
Investment income | $15,036 |
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 | -$17,320 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,918,954 |
Statement of Expenses | |
---|---|
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. | $97,253 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $313,996 |
Pension plan accruals and contributions | $23,348 |
Other employee benefits | $77,225 |
Payroll taxes | $32,485 |
Fees for services: Management | $0 |
Fees for services: Legal | $11,371 |
Fees for services: Accounting | $21,820 |
Fees for services: Lobbying | $67,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $44,606 |
Advertising and promotion | $115,111 |
Office expenses | $99,010 |
Information technology | $13,958 |
Royalties | $0 |
Occupancy | $0 |
Travel | $5,906 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $34,983 |
Interest | $1,901 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $37,305 |
Insurance | $77,755 |
All other expenses | $0 |
Total functional expenses | $3,494,191 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $113,013 |
Savings and temporary cash investments | $2,872,005 |
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 |
Investments—publicly traded securities | $31,527 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,241,004 |
Accounts payable and accrued expenses | $1,753 |
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 | $52,539 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $54,292 |
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 |
Total liabilities and net assets/fund balances | $3,186,712 |
Over the last fiscal year, Vermont Association Of Snow Travelers Inc has awarded $357,976 in support to 32 organizations.
Grant Recipient | Amount |
---|---|
CANAAN BORDER RIDERS PURPOSE: TRAIL MAINTENANCE | $37,631 |
BRIGHTON SNOWMOBILE CLUB PURPOSE: TRAIL MAINTENANCE | $29,123 |
Guildhall, VT PURPOSE: TRAIL MAINTENANCE | $21,338 |
MAD RIVER RIDGE RUNNERS PURPOSE: TRAIL MAINTENANCE | $19,642 |
Bethel, VT PURPOSE: TRAIL MAINTENANCE | $17,779 |
Derby, VT PURPOSE: TRAIL MAINTENANCE | $16,936 |
Over the last fiscal year, we have identified 1 grants that Vermont Association Of Snow Travelers Inc has recieved totaling $54.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $54 |
Organization Name | Assets | Revenue |
---|---|---|
Skin Cancer Foundation Inc New York, NY | $8,525,927 | $11,447,071 |
The Skating Club Of Boston Norwood, MA | $69,699,987 | $7,906,806 |
Vermont Association Of Snow Travelers Inc Barre, VT | $3,241,004 | $3,918,954 |
Waterville Valley Black & Blue Trail Smashers-Snowsports Edu Fdn Waterville Valley, NH | $2,567,962 | $3,711,484 |
Skyliners Synchronizer Skating Team Inc Pelham, NY | $1,872,139 | $2,783,736 |
Northboro Youth Hockey Program Inc Westborough, MA | $6,509,967 | $2,397,981 |
Ramapo Youth Hockey Association Inc Monsey, NY | $416,965 | $2,307,032 |
Beaver Dam Winter Sports Club Inc Long Island Locust Valley, NY | $6,658,700 | $2,629,105 |
Professional Ski Instructors Albany, NY | $1,829,406 | $2,398,753 |
Mid Fairfield Youth Hockey Association Inc Port Chester, NY | $1,290,390 | $2,178,898 |
Gulls Amateur Hockey Association Jericho, NY | $477,735 | $2,164,443 |
Mount Mansfield Ski Educational Foundation Inc Stowe, VT | $2,532,717 | $2,414,692 |