Sitzmark Ski Club
- Assets
- $55.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Long Lake, MN
- Founding
- 12/1987
- Data as of
- 04/2024
- EIN
- 41-1281962
Organization Overview
Sitzmark Ski Club is located in Long Lake, MN. The organization was established in 1987. 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. Sitzmark Ski Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 04/2024, Sitzmark Ski Club generated $190.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $188.5k during the year ending 04/2024. While expenses have increased by 6.3% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE CLUB OFFERS GROUP RECREATIONAL AND SOCIAL ACTIVITIES FOR ITS MEMBERS. THERE ARE APPROXIMATELY 200 MEMBERS. EVENTS ARE BUDGETED TO EQUAL EXPENSES AND ARE NONCOMPETIVE IN NATURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura DE Jong Treasurer | 5 | $0 | |
Steve Palmer President | 5 | $0 | |
Hal Yngve Sectretary | 5 | $0 | |
Julie Bromley Past President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $186,682 |
| Membership dues | $3,994 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $190,676 |
| 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 | $745 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $279 |
| Other expenses | $187,486 |
| Total expenses | $188,510 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,469 |
| Other assets | $0 |
| Total assets | $55,469 |
| Total liabilities | $0 |
| Net assets or fund balances | $55,469 |