Beaver Dam Winter Sports Club Inc Long Island

The information for Beaver Dam Winter Sports Club Inc Long Island is as of the organization's most recent filing in April 2020. This organization is located in Locust Valley, NY. It has been in existence for 57 years, following its founding in 1963.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Beaver Dam Winter Sports Club Inc Long Island's NTEE code is N68. The "N" tells us that the organization is classified along with Recreation & Sports. The "68" tells us that the organization is a Winter Sports organization. The NTEE describes Winter Sports organizations as those that provide opportunities for people to learn and become competitive in ice hockey, ice skating, alpine and cross-country skiing, sledding/tobogganing and other winter sports. Coaching; access to skating rinks, ski slopes or other facilities; sports equipment; and officials for competitions are generally included.

Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. This organization happens to be a 501(c)(7) organization. The IRS describes these organizations as Social and Recreational Clubs.

Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of the Beaver Dam Winter Sports Club Inc Long Island is to maintain two ice skating rinks and provide hockey and figure skating programs for members.

Program Areas

This membership club offers winter recreational activities such as ice hockey and ice skating, as well as related dining facilities.

Organization Staffing

Beaver Dam Winter Sports Club Inc Long Island is run by Henry Wilmerding, who is the President. The organization has 58 employees, of whom 1 is paid more than $100k per year (according to the organization's most recent 990 tax filing). There are no volunteers supporting the paid staff.

Board Governance

The Beaver Dam Winter Sports Club Inc Long Island is well-governed with 21 voting members, all of whom are independent. Potential conflicts of interest do not exist, and the organization has not delegated management to an outside firm. Board and committee meetings are documented, and the organization has a conflict of interest policy that requires disclosure of conflicts. Unfortunately, the organization does not have a written whistleblower policy or document retention policy, and it does not substantiate and review leadership or officer's salaries. However, the organization does provide copies of the 990 to the board prior to filing.

Organization Growth

The Beaver Dam Winter Sports Club Inc Long Island has grown significantly over the past five years. Contributions & Grants Received, Program Service Revenue, Investment Income, Other Revenue, Total Revenue, Employee Salaries, Total Expenses, and Total Employees have all increased over this time period. This suggests that the organization has been able to expand its services and reach more people.