Anchorage Ski Club Inc
- Assets
- $1.2m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 86
- Location
- Anchorage, AK
- Founding
- 09/2001
- Data as of
- 05/2024
- EIN
- 92-6003384
Organization Overview
Anchorage Ski Club Inc is located in Anchorage, AK. The organization was established in 2001. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. As of 05/2024, Anchorage Ski Club Inc employed 86 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anchorage Ski Club 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 05/2024, Anchorage Ski Club Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $1.3m during the year ending 05/2024. While expenses have increased by 20.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ACCESS, FACILITIES, RECREATION, AND EDUCATIONAL OPPORTUNITIES WITHIN THE ALPINE ENVIRONMENT OF CHUGACH STATE PARK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED YEAR ROUND OUTDOOR EDUCATIONAL AND RECREATIONAL OPPORTUNITIES TO ALASKANS. WINTER ACTIVITIES INCLUDE RECREATIONAL SKIING, SKI LESSONS, ARCTIC VALLEY SKI TEAM (JR RACE TEAM; MASTERS PROGRAM). SUMMER ACTIVITIES INCLUDE PUBLIC USE CABIN RENTAL, CHAIRLIFT RIDES, AND HIKING TRAILS. SECURED A LONG-TERM CONCESSION AGREEMENT WITH THE STATE OF ALASKA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Smith Director | Trustee | 2 | $0 |
Marissa Wardrop Director | Trustee | 2 | $0 |
Erik Gabrielson Director | Trustee | 2 | $0 |
Luke Clement Director | Trustee | 2 | $0 |
Mark Heysell Director | Trustee | 2 | $0 |
Tol Fishburn Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $48,719 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $50,408 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $99,127 |
| Total Program Service Revenue | $1,028,645 |
| Investment income | $1,135 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $48,414 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $116,534 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,294,532 |
| 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 | $573,545 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,759 |
| Payroll taxes | $55,987 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,190 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,745 |
| Advertising and promotion | $12,261 |
| Office expenses | $30,498 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $161,128 |
| Travel | $8,000 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $844 |
| Interest | $9,262 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $88,418 |
| Insurance | $107,306 |
| All other expenses | $21,740 |
| Total functional expenses | $1,329,308 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $213,712 |
| Savings and temporary cash investments | $233,416 |
| 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 | $11,352 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $692,823 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,151,303 |
| Accounts payable and accrued expenses | $52,723 |
| Grants payable | $0 |
| Deferred revenue | $282,959 |
| 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 | $32,200 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $22,350 |
| Total liabilities | $390,232 |
| Net assets without donor restrictions | $761,071 |
| 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 | $1,151,303 |