Mystic Riders Snowmobile Club Inc

Organization Overview

Mystic Riders Snowmobile Club Inc is located in Princeton, MN. The organization was established in 2004. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2022, Mystic Riders Snowmobile Club Inc employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mystic Riders Snowmobile 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 12/2022, Mystic Riders Snowmobile Club Inc generated $289.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $237.2k during the year ending 12/2022. While expenses have increased by 1.5% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

MAINTAIN OVER 150 MILES OF PUBLIC USE SNOWMOBILE TRAILS IN CENTRAL MN. TRAILS GO THRU PUBLIC AND PRIVATE LAND.

Describe the Organization's Program Activity:

ORGAINIZE AND MAINTAIN OVER 150 MILES OF LOCAL SNOWMOBILE TRAILS IN CENTRAL MN FOR PUBLIC USE. THE TRAILS ARE PART OF A MN TRAIL SYSTEM OF APPROX. 22,000 MILES. SOME FUNDING IS PROVIDED THRU THE STATE OF MN DNR GRANT PROGRAM. OTHER FUNDING COMES FROM SPECIAL EVENTS, DONATIONS, AND CHARITABLE GAMBLING. MEMBERS OF THE ORGANIZATION VOLUNTEER HUNDREDS OF HOURS WORKING ON THE TRAIL SYSTEM.


OTHER PROGRAM COSTS


MN STATE LAW REQUIRES ALL OPERATORS OF SNOWMOBILES - BORN AFTER 12/31/76 - TO HAVE A SNOWMOBILE SAFETY CERTIFICATE/ENDORSEMENT. THE ORGANIZATION RUNS SAFETY TRAINING CLASSES FOR YOUTH - GENERALLY 12-16 YRS OLD. MATERIALS ARE PROVIDED THROUGH THE MN DNR AND MEMBERS OF THE ORGANIZATION ARE CERTIFIED INSTRUCTORS TO CONDUCT THE CLASSES ALONG WITH OTHER MEMBERS THAT VOLUNTEER.


ORGANIZATION CONDUCTS CHARITABLE GAMBLING ACTIVITIES TO HELP PAY FOR THE COSTS OF MAINTAINING TRAILS. THE ORGANIZATION ALSO MAKES DONATIONS AS REQUIRED BY THE STATE OF MN - TO MAINLY YOUTH ORGANIZATIONS; SCHOLARSHIPS; AND TO MEMORIALS/BENEFITS TO LOCAL NEEDY.


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Board, Officers & Key Employees

Name (title)Compensation
Dave Horazuk
Trail Admin
$0
John Hamann
Secretary
$0
Ed Stofferahn
Treasurer
$0
Stanley Unger
CEO
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$6,475
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$207,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$213,475
Total Program Service Revenue$51,374
Investment income $186
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 $24,533
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $289,568

Grants Awarded

Over the last fiscal year, Mystic Riders Snowmobile Club Inc has awarded $160,800 in support to 2 organizations.

Grant RecipientAmount

TRAIL MAINTENANCE COSTSMYSTIC RIDERS

PURPOSE: ASSIST TRAIL COSTS

$97,000

STATE REQUIRED DONATIONSMYSTIC RIDERS

PURPOSE: TRAIL COSTS & DONAT.

$63,800
View Grant Profile

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