Memorial Sports Center Commission Inc
- Assets
- $212.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Middlebury, VT
- Founding
- 10/1994
- Data as of
- 12/2021
- EIN
- 05-0476741
Organization Overview
Memorial Sports Center Commission Inc is located in Middlebury, VT. The organization was established in 1994. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, 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. Memorial Sports Center Commission 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 12/2021, Memorial Sports Center Commission Inc generated $25.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $63.4k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
ORGANIZATION RECEIVES ANNUAL FUNDING FROM COMMUNITY MEMBERS TO RETIRE DEBT FOR MULTIPURPOSE FACILITY FOR LOCAL COMMUNITY. ADDITIONAL CONTRIBUTIONS ACCEPTED TO COMPLETE A MULTI-USE PLAYING FIELD WITH NATURAL TURF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Newton Director | 1 | $0 | |
Donald Keeler Vice Pres | 1 | $0 | |
Andrew Herrmann President | 2 | $0 | |
Cathy Chase Treasurer | 2 | $0 | |
William Ford Secretary | 2 | $0 | |
Tom Scanlon Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,813 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,818 |
| 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 | $360 |
| Occupancy, rent, utilities, and maintenance | $4,519 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,564 |
| Total expenses | $63,443 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,726 |
| Other assets | $0 |
| Total assets | $212,640 |
| Total liabilities | $0 |
| Net assets or fund balances | $212,640 |
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