Coburn Summit Riders
- Assets
- $341.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norridgewock, ME
- Founding
- 04/2009
- Data as of
- 12/2023
- EIN
- 90-0350849
Organization Overview
Coburn Summit Riders is located in Norridgewock, ME. The organization was established in 2009. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Coburn Summit Riders is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Coburn Summit Riders generated $103.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $63.3k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE MAJOR OBJECTIVE OF OUR ORGANIZATION IS SNOWMOBILE TRAIL MAINTENANCE AND GROOMING. DURING THE MONTHS OF DECEMBER, JAN, FEB & MARCH OUR CLUB GROOMS AND MAINTAINS +/- 100 MILES OF SNOWMOBILE TRAILS IN THE NW MOUNTAINS OF MAINE. SNOWMOBILING IS THE #1 RECREATIONAL ACTIVITY IN THE STATE. WE BENEFIT 1000'S PEOPLE FROM MANY OTHER STATES, INCLUDING BUT NOT LIMITED TO MAINE, NH, NY, NJ, PA, RI, VT, & MA, WHO COME TO OUR AREA TO RIDE OUR SYSTEM. PROPER MAINTENANCE ALSO BENEFITS WINTER BUSINESSES IN THE AREA (LODGING, RESTAURANT, FUEL, ETC.).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Kruse Treasurer, Secretary | 10 | $0 | |
Stephan Kruse Jr President | 25 | $0 | |
David Finn Vice President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,705 |
| Total Program Service Revenue | $26,019 |
| Membership dues | $2,925 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $103,649 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $42,895 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,415 |
| Total expenses | $63,310 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,087 |
| Other assets | $0 |
| Total assets | $341,167 |
| Total liabilities | $0 |
| Net assets or fund balances | $341,167 |