Pettit National Ice Center Inc
- Assets
- $8.4m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 104
- Location
- Milwaukee, WI
- Founding
- 11/1991
- Data as of
- 08/2022
- EIN
- 39-1712146
Organization Overview
Pettit National Ice Center Inc is located in Milwaukee, WI. The organization was established in 1991. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 08/2022, Pettit National Ice Center Inc employed 104 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pettit National Ice Center 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 08/2022, Pettit National Ice Center Inc generated $2.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $2.3m during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE, OFFER, AND SUPPORT RECREATIONAL, INSTRUCTIONAL, COMPETITIVE ICE SKATING-RELATED ACTIVITIES, AND PROGRAMS FOR THE WELL-BEING OF ITS USERS. THE CENTER ALSO HOSTS TRAINING & DEVELOPMENT FOR HIGH LEVEL SPEED SKATERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPEED SKATINGTHE PETTIT NATIONAL ICE CENTER HAS BEEN AN ELITE TRAINING SITE FOR OLYMPIC-LEVEL SPEEDSKATERS SINCE ITS OPENING 12/31/92. BY AGREEMENT WITH US SPEEDSKATING (USS), NATIONAL GOVERNING BODY UNDER THE USOC, THE PETTIT CENTER PROVIDES FREE OR DISCOUNTED ON-ICE AND OFF-ICE TRAINING FACILITIES FOR QUALIFIED USS AND HIGH POTENTIAL ATHLETES. IN ADDITION, THE PETTIT CENTER HOSTS REGIONAL AND NATIONAL COMPETITIONS AS MAY BE DESIGNATED BY USS.
HOCKEY, PUBLIC USE AND FIGURE SKATINGTHE PETTIT NATIONAL ICE CENTER SERVICES THE COMMUNITY WITH DAILY SKATING SESSIONS. THESE SESSIONS SUPPORT AND PROMOTE SKATING AS A HEALTHY AND FUN ACTIVITY FOR THE WHOLE FAMILY. THEY ARE ALSO POPULAR FOR YOUTH AND ADULT GROUP RECREATIONAL ACTIVITIES INCLUDING BUT NOT LIMITED TO KIDS ON ICE SCHOOL FIELD TRIPS AND OUTINGS BY THE BOY SCOUTS OF AMERICA AND GIRL SCOUTS OF AMERICA. ADDITIONALLY, THE PETTIT CENTER'S INDOOR 450-METER RUNNING TRACK IS UTILIZED ALMOST DAILY BY INDIVIDUALS AND GROUPS SUCH AS HIGH SCHOOLS, COLLEGES AND RUNNING CLUBS.
SKATING SCHOOLTHE PETTIT NATIONAL ICE CENTER OFFERS PROGRAMS OF INSTRUCTION AT INTRODUCTORY, BASIC SKILLS AND DEVELOPMENT LEVELS FOR RECREATIONAL SKATING, FIGURE SKATING, SPEED SKATING AND HOCKEY. THE INTRODUCTORY PROGRAMS INCLUDE THE SCHOOLS ON ICE SKATING INSTRUCTION FOR AREA SCHOOL - AND HOME-SCHOOL STUDENTS. PETTIT CENTER SKATING SCHOOL FOLLOWS THE USA HOCKEY AND U.S. FIGURE SKATING SKILLS STANDARDS. THE PETTIT CENTER SKATING SCHOOL IS RECOGNIZED BY U.S. FIGURE SKATING AS ONE OF THE LARGEST PROGRAMS IN THE NATION. THE BASIC SKILLS PROGRAMS ALSO ENCOURAGE PARTICIPANTS TO CONTINUE THEIR DEVELOPMENT BY JOINING LOCAL FIGURE, HOCKEY AND SPEED SKATING CLUBS. THE DEVELOPMENT PROGRAMS INCLUDE CAMPS, LEAGUES AND SPECIAL EMPHASIS TRAINING FOR THE THREE ICE SPORTS AND RECREATIONAL SKATERS. THE FACILITY ALSO HOSTS REGIONAL, NATIONAL AND INTERNATIONAL COMPETITIONS AND EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Dean Executive Director | Officer | 40 | $41,084 |
Bonnie Blair-Cruikshank Vice-Chairperson | OfficerTrustee | 1 | $0 |
Ben Holbrook Secretary | OfficerTrustee | 1 | $0 |
Pat O'brien Vice-President | OfficerTrustee | 1 | $0 |
Charles I Henderson President/chairperson | OfficerTrustee | 1 | $0 |
Michael F Lindemann Treasurer | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $151,905 |
| All other contributions, gifts, grants, and similar amounts not included above | $380,418 |
| Noncash contributions included in lines 1a–1f | $6,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $532,323 |
| Total Program Service Revenue | $2,262,384 |
| Investment income | $379 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,795,086 |
| 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. | $41,083 |
| Compensation of current officers, directors, key employees. | $3,480 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $711,026 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $50,271 |
| Payroll taxes | $55,001 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,756 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,466 |
| Advertising and promotion | $99,037 |
| Office expenses | $0 |
| Information technology | $20,746 |
| Royalties | $0 |
| Occupancy | $536,159 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $205,833 |
| Insurance | $0 |
| All other expenses | $101,463 |
| Total functional expenses | $2,339,443 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $813,378 |
| Savings and temporary cash investments | $264,291 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $39,694 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,402 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $7,282,101 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,400,866 |
| Accounts payable and accrued expenses | $64,893 |
| Grants payable | $0 |
| Deferred revenue | $69,751 |
| 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 | $36,647 |
| Total liabilities | $171,291 |
| Net assets without donor restrictions | $8,199,574 |
| Net assets with donor restrictions | $30,001 |
| 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 | $8,400,866 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Pettit National Ice Center Inc has recieved totaling $28,005.
| Awarding Organization | Amount |
|---|---|
George & June Block Family Foundation Harwood Heights, IL PURPOSE: GENERAL PURPOSE | $10,000 |
Oconomowoc Area Foundation Inc Milwaukee, WI PURPOSE: THE OLYMPIAN DINNER | $10,000 |
Organization Name not Listed PURPOSE: PUBLIC WELFARE | | $5,000 |
Baird Foundation Inc Milwaukee, WI PURPOSE: EDUCATION | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union League Club Of Chicago Chicago, IL | $26,749,429 | $20,158,030 |
Butterfield Country Club Oak Brook, IL | $37,524,568 | $14,281,799 |
University Club Of Chicago Chicago, IL | $40,558,650 | $14,990,991 |
Westmoreland Country Club Wilmette, IL | $31,536,434 | $12,960,463 |
Skokie Country Club Glencoe, IL | $25,480,990 | $12,823,319 |
Franklin Hills Country Club Franklin, MI | $14,923,818 | $10,135,789 |
Northmoor Country Club Highland Park, IL | $11,897,440 | $11,149,941 |
Lake Shore Country Club Glencoe, IL | $23,861,178 | $9,263,473 |
Sunset Ridge Country Club Northfield, IL | $17,255,295 | $10,252,845 |
Womans Athletic Club Of Chicago Chicago, IL | $20,940,207 | $10,056,294 |
Country Club Of Detroit Grosse Pointe Farms, MI | $27,254,127 | $11,579,679 |
Saddle And Cycle Club Chicago, IL | $18,719,065 | $9,773,306 |