Snowbound Club Inc is located in Templeton, MA. The organization was established in 1979. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Snowbound 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 10/2023, Snowbound Club Inc generated $81.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $67.5k during the year ending 10/2023. While expenses have increased by 10.3% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES SNOWMOBILE COMPETITION AND MAINTAINS SNOWMOBILE TRAILS USED BY ITS MEMBERS AND THE COMMUNITY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Sweeney Director | 0 | $0 | |
Jay Kendall Vice President | 0 | $0 | |
Scott Robillard Treasurer | 0 | $0 | |
Thomas Parker Sr Director | 0 | $0 | |
Sandra Ryder Secretary | 0 | $0 | |
Tina Martin Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,770 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $129 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,319 |
| Other Revenue | $23,189 |
| Total Revenue | $81,533 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,500 |
| Occupancy, rent, utilities, and maintenance | $25,387 |
| Printing, publications, postage, and shipping | $138 |
| Other expenses | $40,443 |
| Total expenses | $67,468 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,610 |
| Other assets | $0 |
| Total assets | $105,648 |
| Total liabilities | $667 |
| Net assets or fund balances | $104,981 |