Nashau Ice Skating Center Corp
- Assets
- $2.0m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 38
- Location
- Nashua, NH
- Founding
- 12/2002
- Data as of
- 06/2024
- EIN
- 51-0421298
Organization Overview
Nashau Ice Skating Center Corp is located in Nashua, NH. The organization was established in 2002. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2024, Nashau Ice Skating Center Corp employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nashau Ice Skating Center Corp 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 06/2024, Nashau Ice Skating Center Corp generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $1.3m during the year ending 06/2024. While expenses have increased by 1.2% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
FOSTER ATHLETIC & SOCIAL DEVELOPMENT OF THE CITIZENS OF THE NASHUA NH AREA THROUGH THE OPERATION AND MANAGEMENT OF AN ICE ARENA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ICE ARENA HAS SERVED UPWARDS OF 200,000 PEOPLE THROUGH ITS PUBLIC SKATING PROGRAM, ITS LEARN TO SKATE PROGRAM, AND ITS YOUTH HOCKEY LEAGUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James B Conway Treasurer | OfficerTrustee | 2 | $0 |
Charles A Hall President | OfficerTrustee | 1 | $0 |
Morgan A Hollis Secretary | OfficerTrustee | 1 | $0 |
Joseph Bellavance IV Director | Trustee | 1 | $0 |
Bradley R Kreick Director | Trustee | 1 | $0 |
Thomas F Monahan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $1,205,766 |
| Investment income | $16,693 |
| 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 | $1,246,996 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $104,838 |
| 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 | $485,343 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $44,154 |
| Payroll taxes | $31,926 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,894 |
| Advertising and promotion | $4,649 |
| Office expenses | $2,210 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $123,099 |
| Travel | $1,153 |
| 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 | $146,662 |
| Insurance | $34,930 |
| All other expenses | $25,828 |
| Total functional expenses | $1,270,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,475 |
| Savings and temporary cash investments | $726,726 |
| 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 | $5,000 |
| Prepaid expenses and deferred charges | $19,966 |
| Net Land, buildings, and equipment | $1,251,171 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,039,338 |
| Accounts payable and accrued expenses | $56,335 |
| 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 | $20,910 |
| Total liabilities | $77,245 |
| Net assets without donor restrictions | $1,962,093 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,039,338 |
Grants Awarded
Over the last fiscal year, Nashau Ice Skating Center Corp has awarded $35,840 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BIG BROTHERS AND BIG SISTERS PURPOSE: CONTRIBUTION | $5,500 |
BOYS AND GIRLS CLUB OF GREATER NASH PURPOSE: CONTRIBUTION | $8,000 |
MARGUERITE'S PLACE PURPOSE: CONTRIBUTION | $10,840 |
NASHUA POLICE ATHLETIC LEAGUE PURPOSE: CONTRIBUTION | $11,500 |