Upper Valley Snowsports Foundation
- Assets
- $891.3k
- Revenue
- $530.4k
- Investments
- $0.0
- Employees
- 83
- Location
- Enfield, NH
- Founding
- 02/2014
- Data as of
- 06/2021
- EIN
- 46-2741734
Organization Overview
Upper Valley Snowsports Foundation is located in Enfield, NH. The organization was established in 2014. 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 06/2021, Upper Valley Snowsports Foundation employed 83 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Upper Valley Snowsports Foundation 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 06/2021, Upper Valley Snowsports Foundation generated $530.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $779.3k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUSTAIN WHALEBACK AS A COMMUNITY SNOW SPORTS FACILITY THAT WELCOMES EVERYONE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UPPER VALLEY SNOW SPORTS FOUNDATION MAINTAINS AND OPERATES WHALEBACK MOUNTAIN, A MULTI-USE, COMMUNITY SUPPORTED SNOW VENU WE OFFER AFFORDABLE SKI AND SNOWBOARDOPPORTUNITIES FOR ALL MEMBERS OF THE UPPER VALLEY REGION OF NH AND VT. AS A RESULT OF THE GENEROSITY OF OUR COMMUNITY, WHALEBACK IS ABLE TO OFFER AFFORDABLE WINTER ACTIVITIES FOR ALL MEMBERS OF THE COMMUNITY, ESPECIALLY CHILDREN, SCHOOL GROUPS AND ALPINE RACING CLUBS. THE LEARNING CENTER AT WHALEBACK MOUNTAIN OFFERS WINTER CAMPS, AFTER SCHOOL PROGRAMS, CLINICS AND LESSONS. FINANCIAL AID IS AVAILABLE UPON REQUEST IN ORDER TO MAKE THESE ACTIVITIES AFFORDABLE AND ACCESSIBLE FOR ALL MEMBERS OF THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Graham Clarke Vice President/director | OfficerTrustee | 3 | $0 |
Norman Berman President/director | OfficerTrustee | 15 | $0 |
Samantha House Secretary/director | OfficerTrustee | 3 | $0 |
Kenneth Goodrow Treasurer | Officer | 3 | $0 |
Nate Fisher Director | Trustee | 3 | $0 |
Gregory Crowley Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $225,745 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,220 |
| 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 | $8,757 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $530,420 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $279,604 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $26,478 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $744 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,225 |
| Office expenses | $16,041 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $73,173 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,116 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,400 |
| Insurance | $65,958 |
| All other expenses | $0 |
| Total functional expenses | $779,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99,039 |
| Savings and temporary cash investments | $3,429 |
| 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 | $9,396 |
| Prepaid expenses and deferred charges | $19,891 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,465 |
| Total assets | $891,290 |
| Accounts payable and accrued expenses | $72,089 |
| 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 | $49,500 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $344,279 |
| Other liabilities | $5,306 |
| Total liabilities | $471,174 |
| 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 |
| Total liabilities and net assets/fund balances | $420,116 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Upper Valley Snowsports Foundation has recieved totaling $75,070.
| Awarding Organization | Amount |
|---|---|
Share Winter Foundation Providence, RI PURPOSE: GENERAL SUPPORT | $40,000 |
Couch Family Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $25,000 |
Greenspan Foundation Boston, MA PURPOSE: GENERAL OPERATING | $5,000 |
Mary W Harriman Foundation Broadwayth Fl New Yor, NY PURPOSE: GENERAL SUPPORT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $70 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Skating Club Of Boston Norwood, MA | $69,699,987 | $7,906,806 |
Vermont Association Of Snow Travelers Inc Barre, VT | $3,241,004 | $3,918,954 |
Waterville Valley Black & Blue Trail Smashers-Snowsports Edu Fdn Waterville Valley, NH | $2,567,962 | $3,711,484 |
Northboro Youth Hockey Program Inc Westborough, MA | $6,509,967 | $2,397,981 |
Mount Mansfield Ski Educational Foundation Inc Stowe, VT | $2,532,717 | $2,414,692 |
Mount Snow Ski Educational Foundation West Dover, VT | $1,320,980 | $1,834,810 |
Junior Railers Hockey Club Inc Worcester, MA | $424,487 | $1,444,219 |
Dorset Park Skating Association Inc South Burlington, VT | $6,321,693 | $1,908,251 |
Hockey East Amesbury, MA | $1,083,202 | $1,841,620 |
Vermont Adaptive Ski & Sports Killington, VT | $2,799,788 | $1,237,034 |
Black Mountain Of Maine Rumford, ME | $1,559,785 | $1,123,500 |
Falmouth Youth Hockey League Inc East Falmouth, MA | $7,269,311 | $1,100,190 |