New England Nordic Ski Association
- Assets
- $1.3m
- Revenue
- $471.4k
- Investments
- $936.7k
- Employees
- 5
- Location
- Waterville Valley, NH
- Founding
- 07/1997
- Data as of
- 04/2022
- EIN
- 02-0484887
Organization Overview
New England Nordic Ski Association is located in Waterville Valley, NH. The organization was established in 1997. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. As of 04/2022, New England Nordic Ski Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New England Nordic Ski Association 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 04/2022, New England Nordic Ski Association generated $471.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $391.1k during the year ending 04/2022. While expenses have increased by 2.0% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE PARTICIPATION IN CROSS COUNTRY SKIING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORED AND/OR ORGANIZED CROSS COUNTRY SKI RACES THROUGHOUT NEW ENGLAND.
VARIOUS PROGRAM EVENTS INCLUDING CLINICS AND CAMPS FOR NEW ENGLAND SKI RACES AND COACHES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amie Smith Executive Di | Officer | 40 | $68,491 |
Ellen Chandler President | OfficerTrustee | 8 | $0 |
Allison Walton Vice Preside | OfficerTrustee | 8 | $0 |
Peter Hendel Treasurer | OfficerTrustee | 8 | $0 |
Chris Naimie Secretary | OfficerTrustee | 8 | $0 |
David Hosmer Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $19,807 |
| Related organizations | $0 |
| Government grants | $34,212 |
| All other contributions, gifts, grants, and similar amounts not included above | $153,667 |
| Noncash contributions included in lines 1a–1f | $18,715 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $207,686 |
| Total Program Service Revenue | $216,933 |
| Investment income | $27,181 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,602 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $471,402 |
| 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. | $68,491 |
| Compensation of current officers, directors, key employees. | $17,123 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $146,346 |
| Pension plan accruals and contributions | $6,037 |
| Other employee benefits | $13,271 |
| Payroll taxes | $16,375 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,643 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,897 |
| Fees for services: Other | $0 |
| Advertising and promotion | $23,640 |
| Office expenses | $4,812 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $22,736 |
| 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 | $2,130 |
| Insurance | $16,985 |
| All other expenses | $16,032 |
| Total functional expenses | $391,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $383,226 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,221 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $11,815 |
| Net Land, buildings, and equipment | $2,802 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $936,711 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,336,775 |
| Accounts payable and accrued expenses | $914 |
| 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 | $0 |
| Total liabilities | $914 |
| Net assets without donor restrictions | $758,863 |
| Net assets with donor restrictions | $576,998 |
| 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 | $1,336,775 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that New England Nordic Ski Association has recieved totaling $22,500.
| Awarding Organization | Amount |
|---|---|
Share Winter Foundation Providence, RI PURPOSE: GENERAL SUPPORT | $12,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $10,000 |
Endowment Analysis
| Beg. Balance | $785,516 |
| Earnings | -$71,909 |
| Admin Expense | $1,896 |
| Net Contributions | $265,000 |
| Other Expense | $40,000 |
| Ending Balance | $936,711 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
America East Boston, MA | $5,719,263 | $6,183,979 |
Hayden Synchronized Skating Teams Inc Woburn, MA | $867,521 | $1,759,773 |
The Riverside Boat Club Of Cambridge Cambridge, MA | $2,915,123 | $606,845 |
Usa Swimming Inc Needham, MA | $805,553 | $473,292 |
New England Nordic Ski Association Waterville Valley, NH | $1,336,775 | $471,402 |
New England Womens And Men Athletic Conference Westwood, MA | $368,185 | $471,107 |
Amateur Athletic Union Of The United States Inc Hamilton, MA | $48,586 | $343,906 |
Massachusetts State Track Coaches Association Incorporated Canton, MA | $252,131 | $215,638 |
Run To Remember 1st Responders Inc Boston, MA | $189,053 | $421,360 |
Westfield Youth Hockey Association Westfield, MA | $40,790 | $311,412 |
Boston Ultimate Disc Alliance Inc Somerville, MA | $289,000 | $407,972 |
Gators Volleyball Club Inc Bedford, MA | $154,419 | $287,731 |