Hibbing Skating Club is located in Hibbing, MN. The organization was established in 1949. According to its NTEE Classification (N60) the organization is classified as: Amateur 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. Hibbing Skating Club 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 04/2022, Hibbing Skating Club generated $52.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $48.3k during the year ending 04/2022. While expenses have increased by 1.9% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO ENCOURAGE THE PARTICIPATION AND ADVANCEMENT OF THE MEMBERSIN THE SPORT OF FIGURE SKATING AND TO PROMOTE GOODSPORTSMANSHIP
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Amy Kalisch President | 1 | $0 | |
Jennifer Walters Secretary | 1 | $0 | |
Meagan Scipioni Vice President | 1 | $0 | |
Rachel Swick Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,125 |
Total Program Service Revenue | $12,934 |
Membership dues | $33,378 |
Investment income | $7 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $5,096 |
Other Revenue | $0 |
Total Revenue | $52,540 |
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 | $8,582 |
Occupancy, rent, utilities, and maintenance | $18,616 |
Printing, publications, postage, and shipping | $342 |
Other expenses | $20,725 |
Total expenses | $48,265 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $77,971 |
Other assets | $0 |
Total assets | $77,971 |
Total liabilities | $0 |
Net assets or fund balances | $77,971 |
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