Hiawatha Trails Inc
- Assets
- $175.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Munising, MI
- Founding
- 09/2003
- Data as of
- 06/2022
- EIN
- 38-3426236
Organization Overview
Hiawatha Trails Inc is located in Munising, MI. The organization was established in 2003. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Hiawatha Trails Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Hiawatha Trails Inc generated $59.0k 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 (8.1%) each year. All expenses for the organization totaled $55.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.3%) 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
STAE OF MICHIGAN GRANT FOR GROOMING SNOWMOBILE TRAILS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Lacombe President | 40 | $0 | |
Susan Maki-Lacombe Secretary-Treasurer | 5 | $0 | |
Don Britton Vice President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $51,176 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,800 |
| Total Revenue | $58,976 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $2,224 |
| Printing, publications, postage, and shipping | $74 |
| Other expenses | $53,485 |
| Total expenses | $55,783 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,509 |
| Other assets | $0 |
| Total assets | $175,262 |
| Total liabilities | $747 |
| Net assets or fund balances | $174,515 |
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