Copper Peak Inc
- Assets
- $1.2m
- Revenue
- $448.4k
- Investments
- $0.0
- Employees
- 9
- Location
- Ironwood, MI
- Founding
- 11/1966
- Data as of
- 03/2023
- EIN
- 38-6116805
Organization Overview
Copper Peak Inc is located in Ironwood, MI. The organization was established in 1966. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 03/2023, Copper Peak Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Copper Peak 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 03/2023, Copper Peak Inc generated $448.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $436.0k during the year ending 03/2023. While expenses have increased by 11.9% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE SKI FLYING
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ARE IN THE PROCESS OF PROMOTING OUR SKI FLYING FACILITY IN HOPES OF SECURING A FUTURE INTERNATIONAL SKI FLYING EVENT. WE'VE HAD APPROXIMATELY 55,000 PEOPLE VISIT EACH YEAR. CURRENTLY, AN INTERNATIONAL EVENT TRAINING IS BEING PLANNED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Supercynski Bd Member | Trustee | 15 | $0 |
John Kusz Bd Member | Trustee | 5 | $0 |
Morgan Grasso Treasurer | OfficerTrustee | 20 | $0 |
Russel Johnson Bd Member | Trustee | 5 | $0 |
Gary Kusz Secretary | OfficerTrustee | 5 | $0 |
Paul Buchko Bd Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,497 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $151,880 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $153,377 |
| Total Program Service Revenue | $294,995 |
| Investment income | $0 |
| 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 | $448,372 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $77,300 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,491 |
| Fees for services: Management | $38,791 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,340 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $17,515 |
| Office expenses | $4,446 |
| Information technology | $5,600 |
| Royalties | $0 |
| Occupancy | $225,180 |
| Travel | $12,056 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,740 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,801 |
| All other expenses | $2,705 |
| Total functional expenses | $435,965 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $178,820 |
| 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 | $9,553 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $993,879 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,182,252 |
| Accounts payable and accrued expenses | $0 |
| 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 | $146,155 |
| Unsecured mortgages and notes payable | $61,639 |
| Other liabilities | $0 |
| Total liabilities | $207,794 |
| 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 | $974,458 |
| Total liabilities and net assets/fund balances | $1,182,252 |