Midwest Ski Areas Association Inc
- Assets
- $308.1k
- Revenue
- $221.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Hastings, MN
- Founding
- 11/1988
- Data as of
- 12/2021
- EIN
- 41-1510679
Organization Overview
Midwest Ski Areas Association Inc is located in Hastings, MN. The organization was established in 1988. 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. Midwest Ski Areas Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Midwest Ski Areas Association Inc generated $221.3k 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 (8.7%) each year. All expenses for the organization totaled $215.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.0%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATE & PROMOTE SKI AND SKI AREAS IN U.S.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDUSTRY CONFERENCES, SHOWS TO EDUCATE THE LOCAL SKI INDUSTRY, AND EDUCATE RESORTS, VENDORS AND RETAILERS OF INDUSTRY CHANGES AND PRACTICES.
SKI AREA RENTALS AND ACCESSORIES MANAGEMENT PROGRAM MANAGEMENT ACTIVITY FOR SKI EQUIPMENT, SERVICES, AND SUPPLIES FOR SKI AREA MEMBERS.
SKI AREA RENTALS AND ACCESSORIES MANAGEMENT PROGRAM MANAGEMENT OF ACTIVITY FOR SKI EQUIPMENT, SERVICES AND SUPPLIES FOR SKI OPERATORS OF OTHER STATE ASSOCIATIONS EXPENSES INCLUDE DIRECT EXPENSE PAYMENTS TO THOSE STATE ASSOCIATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Firestone Alpine Valley Res Director | Trustee | $0 | |
Dan Grider Great Bear Sd Direcor | Trustee | $0 | |
Pete Meyeer Caberfae Peaks Mi Diretor | Trustee | $0 | |
Jim Rochford Jr Trollhaugen Wi Durector | Trustee | $0 | |
Johathon Davis Perfect North Slope Director | Trustee | $0 | |
Brooke Vanderkelen Alba Snow Machin Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $46,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,500 |
| Total Program Service Revenue | $174,384 |
| Investment income | $13 |
| 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 | $221,310 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $57,250 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,222 |
| Advertising and promotion | $4,000 |
| Office expenses | $6,858 |
| Information technology | $11,584 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,956 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $74,928 |
| Interest | $0 |
| Payments to affiliates | $53,685 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,076 |
| All other expenses | $0 |
| Total functional expenses | $214,984 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,235 |
| Savings and temporary cash investments | $150,874 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $308,109 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $308,109 |
| Total liabilities and net assets/fund balances | $308,109 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Loppet Foundation Inc Minneapolis, MN | $4,982,965 | $3,219,111 |
American Birkebeiner Ski Foundation Inc Hayward, WI | $7,179,042 | $2,764,424 |
United Heroes League Hastings, MN | $3,084,310 | $3,081,953 |
Eagan Hockey Association Incorporated Eagan, MN | $236,242 | $1,165,383 |
Moorhead Youth Hockey Assn Moorhead, MN | $7,603,734 | $2,426,277 |
Fargo Hockey Association Fargo, ND | $1,287,012 | $1,819,619 |
Milwaukee Jr Admirals Inc Milwaukee, WI | $378,879 | $1,815,838 |
Wisconsin Amateur Hockey Association Inc Mequon, WI | $1,631,368 | $1,828,064 |
Edina Hockey Association Edina, MN | $768,078 | $1,616,429 |
District 284 Youth Hockey Association Golden Valley, MN | $1,155,590 | $1,715,832 |
Dickinson Youth Activities Inc Dickinson, ND | $2,700,930 | $1,609,260 |
Woodbury Area Hockey Club Woodbury, MN | $1,085,854 | $1,679,280 |