Ski Gull Inc
- Assets
- $2.2m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 106
- Location
- Nisswa, MN
- Founding
- 03/1986
- Data as of
- 12/2023
- EIN
- 36-3413178
Organization Overview
Ski Gull Inc is located in Nisswa, MN. The organization was established in 1986. 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 12/2023, Ski Gull Inc employed 106 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ski Gull 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 12/2023, Ski Gull Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $903.3k during the year ending 12/2023. While expenses have increased by 8.4% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE DOWNHILL SKI EDUCATION AND AMATEUR DOWNHILL SKI COMPETITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATE YOUTH AND PUBLIC ON SKIING AND PROVIDE DOWNHILL SKIING FACILITIES TO THE PUBLIC TO PROMOTE CIVIC INVOLVMENT AND TOURISM THROUGH WINTER RECREATION OPERATION OF A MINIMAL OR NO-CHARGE YOUTH SKIING PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mata Agre General Mana | Officer | 40 | $68,355 |
Elsye Burton Vice Preside | OfficerTrustee | 2 | $0 |
Mike Demuth Director | Trustee | 2 | $0 |
Mackenzie Dondelinger Secretary | OfficerTrustee | 2 | $0 |
Erik Lunemann Director | Trustee | 2 | $0 |
Jared Magstadt Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $86,038 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $242,015 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $328,053 |
| Total Program Service Revenue | $577,841 |
| Investment income | $18,947 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $135,691 |
| Net Gain/Loss on Asset Sales | $5,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $61,863 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,127,395 |
| 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. | $68,355 |
| Compensation of current officers, directors, key employees. | $13,671 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $229,211 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $28,371 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,787 |
| Advertising and promotion | $5,205 |
| Office expenses | $29,099 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,178 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $139,041 |
| Insurance | $131,458 |
| All other expenses | $34,401 |
| Total functional expenses | $903,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $913,543 |
| Savings and temporary cash investments | $397,112 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $198 |
| 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 | $48,987 |
| Net Land, buildings, and equipment | $706,579 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $180,548 |
| Total assets | $2,246,967 |
| Accounts payable and accrued expenses | $105,454 |
| Grants payable | $0 |
| Deferred revenue | $152,090 |
| 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 | $180,548 |
| Total liabilities | $438,092 |
| Net assets without donor restrictions | $1,492,103 |
| Net assets with donor restrictions | $316,772 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,246,967 |