Driftdusters Snowmobile Club Inc
- Assets
- $494.7k
- Revenue
- $479.5k
- Investments
- $0.0
- Employees
- 8
- Location
- Derby, VT
- Founding
- 06/1974
- Data as of
- 10/2022
- EIN
- 03-0230075
Organization Overview
Driftdusters Snowmobile Club Inc is located in Derby, VT. The organization was established in 1974. 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 10/2022, Driftdusters Snowmobile Club Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Driftdusters Snowmobile Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 10/2022, Driftdusters Snowmobile Club Inc generated $479.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $196.0k during the year ending 10/2022. 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
PROVIDE SAFE AND SCENIC TRAILS FOR SNOWMOBILE TRAVEL
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SNOWMOBILE CLUB PURCHASES AND MAINTAINS TRAIL GROOMIING EQUIPMENT AND ESTABLIES THE TRAILS USED FOR SAFE TRAILRIDING BY THE GENERAL PUBLIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Koehler President | OfficerTrustee | 0 | $0 |
Tyler Bonneau Treasurer | OfficerTrustee | 0 | $0 |
Tommy Charest Director | OfficerTrustee | 0 | $0 |
Roger Gosselin Secretary | OfficerTrustee | 0 | $0 |
Ed Jenness Director | Trustee | 0 | $0 |
Derek Moore Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $32,350 |
| Fundraising events | $122,695 |
| Related organizations | $0 |
| Government grants | $99,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $254,045 |
| Total Program Service Revenue | $62,889 |
| Investment income | $0 |
| 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 | $0 |
| Net Income from Sales of Inventory | $281 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $479,545 |
| 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 | $7,781 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $821 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,103 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,679 |
| Office expenses | $3,899 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $866 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,279 |
| Insurance | $4,840 |
| All other expenses | $22,948 |
| Total functional expenses | $195,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,611 |
| Savings and temporary cash investments | $119,723 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $272,353 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $494,687 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $494,687 |
| 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 | $494,687 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Driftdusters Snowmobile Club Inc has recieved totaling $16,936.
| Awarding Organization | Amount |
|---|---|
Vermont Association Of Snow Travelers Inc Barre, VT PURPOSE: TRAIL MAINTENANCE | $16,936 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Skin Cancer Foundation Inc New York, NY | $8,525,927 | $11,447,071 |
The Skating Club Of Boston Norwood, MA | $69,699,987 | $7,906,806 |
Vermont Association Of Snow Travelers Inc Barre, VT | $3,241,004 | $3,918,954 |
Waterville Valley Black & Blue Trail Smashers-Snowsports Edu Fdn Waterville Valley, NH | $2,567,962 | $3,711,484 |
Skyliners Synchronizer Skating Team Inc Pelham, NY | $1,872,139 | $2,783,736 |
Northboro Youth Hockey Program Inc Westborough, MA | $6,509,967 | $2,397,981 |
Ramapo Youth Hockey Association Inc Monsey, NY | $416,965 | $2,307,032 |
Beaver Dam Winter Sports Club Inc Long Island Locust Valley, NY | $6,658,700 | $2,629,105 |
Professional Ski Instructors Albany, NY | $1,829,406 | $2,398,753 |
Mid Fairfield Youth Hockey Association Inc Port Chester, NY | $1,290,390 | $2,178,898 |
Gulls Amateur Hockey Association Jericho, NY | $477,735 | $2,164,443 |
Mount Mansfield Ski Educational Foundation Inc Stowe, VT | $2,532,717 | $2,414,692 |