Champlain Valley Skating Club Inc
- Assets
- $134.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Burlington, VT
- Founding
- 12/1995
- Data as of
- 05/2022
- EIN
- 23-7357291
Organization Overview
Champlain Valley Skating Club Inc is located in Burlington, VT. The organization was established in 1995. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training 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. Champlain Valley Skating Club 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 05/2022, Champlain Valley Skating Club Inc generated $54.3k 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 (7.4%) each year. All expenses for the organization totaled $84.6k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AMATEUR FIGURE SKATING.
Describe the Organization's Program Activity:
Part 3
CHAMPLAIN VALLEY SKATING CLUB PROVIDES ICE TIME, COMPETITIONS, SKATING PROGRAMS AND TESTING FOR AMATEUR FIGURE SKATERS OF ALL AGES.
VERMONT CHILDRENS THEATRE ON ICE IS A PROGRAM WHICH ALLOWS CHILDREN TO TRAVEL AND COMPETE AS A FIGURE SKATING THEATRE TEAM.
ON THIN ICE TEAM OFFERS SKATERS OF ALL AGES THE CHANCE TO COMPETE AND PERFORM AS A TEAM IN THE AREA OF THEATRE ON ICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharie Elrick Treasurer | 3 | $0 | |
Susanmarie Harrington Secretary | 2 | $0 | |
Lisa Young Director | 2 | $0 | |
Barbara Joyal Director | 2 | $0 | |
Shannon Kadish Director | 2 | $0 | |
Bridget Thabault Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $237 |
| Total Program Service Revenue | $31,271 |
| Membership dues | $23,026 |
| Investment income | $243 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,345 |
| 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 | $7,847 |
| Occupancy, rent, utilities, and maintenance | $1,600 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $75,148 |
| Total expenses | $84,595 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $134,161 |
| Other assets | $0 |
| Total assets | $134,828 |
| Total liabilities | $9,045 |
| Net assets or fund balances | $125,783 |
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