Roscommon-Higgins Lake Snomobile Club Inc
- Assets
- $290.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Roscommon, MI
- Founding
- 11/2002
- Data as of
- 12/2023
- EIN
- 38-3393129
Organization Overview
Roscommon-Higgins Lake Snomobile Club Inc is located in Roscommon, MI. The organization was established in 2002. 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. Roscommon-Higgins Lake Snomobile Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Roscommon-Higgins Lake Snomobile Club Inc generated $82.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $53.0k during the year ending 12/2023. While expenses have increased by 6.4% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Mcdonald President | 0 | $0 | |
Henry Urban Vice-Preside | 0 | $0 | |
Mary Mcdonald Secretary | 0 | $0 | |
Denise Becker Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,380 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,266 |
| Investment income | $163 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82,809 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $6,151 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $340 |
| Occupancy, rent, utilities, and maintenance | $44,622 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,789 |
| Total expenses | $53,002 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,500 |
| Other assets | $0 |
| Total assets | $290,879 |
| Total liabilities | $13,820 |
| Net assets or fund balances | $277,059 |