Iditarod Trail Committee Inc
- Assets
- $803.9k
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 4
- Location
- Wasilla, AK
- Founding
- 06/1976
- Data as of
- 06/2021
- EIN
- 92-0043991
Organization Overview
Iditarod Trail Committee Inc is located in Wasilla, AK. The organization was established in 1976. As of 06/2021, Iditarod Trail Committee Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iditarod Trail Committee Inc 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 06/2021, Iditarod Trail Committee Inc generated $4.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $4.1m during the year ending 06/2021. While expenses have increased by 2.7% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND PRESERVE THE HISTORIC IDITAROD TRAIL.
Describe the Organization's Program Activity:
TO PROMOTE AND PRESERVE THE HISTORIC IDITAROD TRAIL, MOST NOTABLY THROUGH THE ANNUAL STAGING OF A SLED DOG RACE FROM ANCHORAGE TO NOME, ALASKA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Urbach CEO | OfficerTrustee | 40 | $289,028 |
Donald Patterson Finance Director | Officer | 40 | $119,214 |
Mike Mills President | Trustee | 2 | $0 |
Karen King Vice President | Trustee | 2 | $0 |
Ryan York Treasurer | Trustee | 2 | $0 |
Mike Jonrowe Secretary | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $74,193 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $794,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,161,115 |
| Noncash contributions included in lines 1a–1f | $1,271,128 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,029,308 |
| Total Program Service Revenue | $641,219 |
| Investment income | $72 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $122,657 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,575 |
| Net Income from Fundraising Events | -$153,256 |
| Net Income from Gaming Activities | $281,929 |
| Net Income from Sales of Inventory | $4,326 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,097,069 |
| 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 | $483,979 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,242 |
| Payroll taxes | $22,467 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $963,893 |
| Advertising and promotion | $218,504 |
| Office expenses | $14,064 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $176,841 |
| Travel | $0 |
| 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 | $36,818 |
| Insurance | $96,529 |
| All other expenses | $0 |
| Total functional expenses | $4,076,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $444,637 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $81,196 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $37,506 |
| Prepaid expenses and deferred charges | $15,033 |
| Net Land, buildings, and equipment | $225,548 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $803,920 |
| Accounts payable and accrued expenses | $375,054 |
| Grants payable | $58,850 |
| Deferred revenue | $263,150 |
| 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 | $191,852 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $888,906 |
| Net assets without donor restrictions | -$180,308 |
| Net assets with donor restrictions | $95,322 |
| 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 | $803,920 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Iditarod Trail Committee Inc has recieved totaling $37,280.
| Awarding Organization | Amount |
|---|---|
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $35,981 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,299 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Track Town Usa Inc Eugene, OR | $22,816,196 | $29,424,138 |
Bogus Basin Recreational Association Inc Boise, ID | $46,317,887 | $20,708,902 |
Apa-The Engineered Wood Association Tacoma, WA | $20,196,458 | $14,789,025 |
Central Bering Sea Fishermens Association St Paul Island, AK | $143,186,710 | $29,049,738 |
Overlake Golf And Country Club Medina, WA | $29,417,112 | $12,082,027 |
New Avenues For Youth Inc Portland, OR | $21,649,284 | $12,304,238 |
Sand Point Country Club Inc Seattle, WA | $22,457,177 | $10,030,449 |
Waverley Country Club Portland, OR | $15,287,232 | $9,034,980 |
Valley Club Inc Sun Valley, ID | $38,309,857 | $11,290,911 |
Associated Recreation Council Seattle, WA | $11,269,949 | $12,986,573 |
Portland Golf Club Portland, OR | $13,576,929 | $9,879,957 |
Broadmoor Golf Club Seattle, WA | $17,865,105 | $8,643,094 |