Lunenburg Polar Bears Snowmobile Club is located in Lunenburg, 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lunenburg Polar Bears Snowmobile Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 03/2024, Lunenburg Polar Bears Snowmobile Club generated $35.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $33.5k during the year ending 03/2024. While expenses have increased by 2.1% per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
PROMOTED GOOD CONDUCT, SPORTSMANSHIP, AND SAFETY PRACTICES AMONG SNOWMOBILERS AND MARKED AND MAINTAINED THE TRAIL SYSTEMS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dana Nason Treasurer | 10 | $0 | |
Mike Mutascio Secretary | 5 | $0 | |
Richard Santaw Vice President | 5 | $0 | |
Gregg Williams President | 10 | $0 | |
Todd Colby Director | 10 | $0 | |
Mike Minor Director | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,320 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,097 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,417 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $32,907 |
| Printing, publications, postage, and shipping | $603 |
| Other expenses | $0 |
| Total expenses | $33,510 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,812 |
| Other assets | $0 |
| Total assets | $17,812 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,812 |