Poultney Valley Snowmobile Devils Inc is located in Poultney, 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. Poultney Valley Snowmobile Devils Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2023, Poultney Valley Snowmobile Devils Inc generated $24.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $15.5k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
HELP MAINTAIN A STATEWIDE SNOWMOBILE TRAIL SYSTEM FOR ITS MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Urgel Cadieux Director | 1 | $0 | |
Dan Lyman President | 1 | $0 | |
Celena Mcmanus Treasurer | 2 | $0 | |
Richard Munch Director | 1 | $0 | |
Gary Rupe Director | 1 | $0 | |
Tim Richards Vice President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,548 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,670 |
| Investment income | $872 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,015 |
| Other Revenue | $0 |
| Total Revenue | $24,105 |
| 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 | $475 |
| Occupancy, rent, utilities, and maintenance | $817 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,822 |
| Total expenses | $15,514 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $76,121 |
| Other assets | $0 |
| Total assets | $78,263 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,263 |