Nashau Ice Skating Center Corp
- Assets
- $1.9m
- Revenue
- $911.3k
- Investments
- $0.0
- Employees
- 24
- Location
- Nashua, NH
- Founding
- 12/2002
- Data as of
- 06/2021
- EIN
- 51-0421298
Organization Overview
Nashau Ice Skating Center Corp is located in Nashua, NH. The organization was established in 2002. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Nashau Ice Skating Center Corp employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nashau Ice Skating Center Corp 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, Nashau Ice Skating Center Corp generated $911.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $784.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 7 years. 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
FOSTER ATHLETIC & SOCIAL DEVELOPMENT OF THE CITIZENS OF THE NASHUA NH AREA THROUGH THE OPERATION AND MANAGEMENT OF AN ICE ARENA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ICE ARENA HAS SERVED UPWARDS OF 200,000 PEOPLE THROUGH ITS PUBLIC SKATING PROGRAM, ITS LEARN TO SKATE PROGRAM, AND ITS YOUTH HOCKEY LEAGUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles A Hall President | OfficerTrustee | 1 | $0 |
James B Conway Treasurer | OfficerTrustee | 1 | $0 |
Morgan A Hollis Secretary | OfficerTrustee | 1 | $0 |
Joseph Bellavance IV Director | Trustee | 1 | $0 |
Thomas F Monahan Director | Trustee | 1 | $0 |
Bradley R Kreick Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $134,425 |
| Investment income | $427 |
| 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 | $911,265 |
| 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 | $0 |
| Other salaries and wages | $336,495 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $36,601 |
| Payroll taxes | $23,150 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,862 |
| Advertising and promotion | $1,010 |
| Office expenses | $1,033 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $102,938 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,451 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $135,194 |
| Insurance | $13,481 |
| All other expenses | $0 |
| Total functional expenses | $784,651 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $209,431 |
| Savings and temporary cash investments | $137,352 |
| 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 | $27,284 |
| Prepaid expenses and deferred charges | $10,484 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,949,288 |
| Accounts payable and accrued expenses | $6,997 |
| 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 | $72,608 |
| Total liabilities | $79,605 |
| 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 | $1,869,683 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nashau Ice Skating Center Corp has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of Massachusetts Bay Inc Boston, MA | $61,459,192 | $54,248,060 |
Granite United Way Manchester, NH | $10,904,464 | $19,030,593 |
Wellington Management Foundation Boston, MA | $61,260,814 | $15,149,104 |
United Way Of Tri County Inc Framingham, MA | $6,314,872 | $10,584,211 |
United Way Inc Portland, ME | $21,043,682 | $13,282,477 |
United Way Of Central Massachusetts Inc Worcester, MA | $17,606,516 | $12,267,996 |
Supreme Council Benevolent Foundation Lexington, MA | $125,656,047 | $11,525,847 |
Yawkey Foundation Dedham, MA | $79,901,804 | $8,131,065 |
Philanthropy Massachusetts Inc Boston, MA | $3,861,413 | $4,531,233 |
United Way Of Greater New Bedford Inc New Bedford, MA | $3,496,930 | $4,464,840 |
United Way Of Northwest Vermont Inc South Burlington, VT | $7,333,422 | $4,536,751 |
Jewish Federation Of Western Massachusetts Inc Springfield, MA | $56,590,523 | $5,261,181 |