International Snowmobile Manufacturers Association Inc
- Assets
- $473.3k
- Revenue
- $763.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Haslett, MI
- Founding
- 12/1995
- Data as of
- 06/2023
- EIN
- 38-3230044
Organization Overview
International Snowmobile Manufacturers Association Inc is located in Haslett, MI. The organization was established in 1995. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, International Snowmobile Manufacturers Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Snowmobile Manufacturers Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2023, International Snowmobile Manufacturers Association Inc generated $763.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $711.7k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, International Snowmobile Manufacturers Association Inc has awarded 26 individual grants totaling $546,480. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE AND PROMOTE SAFE SNOWMOBILING THROUGH EDUCATION AND PROMOTION OF SAFE SNOWMOBILE TRAILS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE SAFE SNOWMOBILING AND LAND ACCESS FOR SNOWMOBILERS. PROMOTION OF SNOWMOBILING - GO SNOMOBILING CAMPAIGN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Klim President | Officer | 40 | $188,346 |
Troy Halvorson Chairman | OfficerTrustee | 1 | $0 |
Jenny Nack Director | Trustee | 1 | $0 |
Peter Smallman-Tew Director | Trustee | 1 | $0 |
Jaret Smith Director | Trustee | 1 | $0 |
John Stockman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $761,052 |
| Investment income | $1,925 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $762,977 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $123,772 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $109,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $188,346 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,651 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,296 |
| Payroll taxes | $32,635 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,869 |
| Fees for services: Lobbying | $117,384 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,750 |
| Office expenses | $7,550 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,358 |
| Travel | $12,906 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,782 |
| Interest | $6 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,912 |
| All other expenses | $587 |
| Total functional expenses | $711,720 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $473,291 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $473,291 |
| Accounts payable and accrued expenses | -$424 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | -$424 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $473,715 |
| Total liabilities and net assets/fund balances | $473,291 |
Grants Awarded
Over the last fiscal year, International Snowmobile Manufacturers Association Inc has awarded $243,625 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SAE CLEAN SNOWMOBILE CHALLENGE PURPOSE: SNOWMOBILE PROMOTION | $10,000 |
AMERICAN COUNCIL OF SNOWMOBILE ASSOCIATIONS PURPOSE: SNOWMOBILE PROMOTION | $200,125 |
MICHIGAN SNOWMOBILE ASSOCIATION PURPOSE: ANNUAL CONFERENCE | $33,500 |