Poultney Valley Snowmobile Devils Inc is located in Poultney, VT. The organization was established in 1974. 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. Poultney Valley Snowmobile Devils Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2022, Poultney Valley Snowmobile Devils Inc generated $24.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $23.5k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
HELP MAINTAIN A STATEWIDE SNOWMOBILE TRAIL SYSTEM FOR ITS MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Urgel Cadieux Director | 1 | $0 | |
Dan Lyman President | 1 | $0 | |
Celena Mcmanus Treasurer | 2 | $0 | |
Richard Munch Director | 1 | $0 | |
Gary Rupe Director | 1 | $0 | |
Tim Richards Vice President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,893 |
Total Program Service Revenue | $0 |
Membership dues | $4,243 |
Investment income | $2,423 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $1,792 |
Other Revenue | $0 |
Total Revenue | $24,351 |
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 | $450 |
Occupancy, rent, utilities, and maintenance | $785 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $21,567 |
Total expenses | $23,502 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $67,530 |
Other assets | $0 |
Total assets | $69,672 |
Total liabilities | $0 |
Net assets or fund balances | $69,672 |
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