Salt Lake City - Utah Committee For The Games Inc
- Assets
- $376.5k
- Revenue
- $250.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- Data as of
- 12/2022
- EIN
- 84-4868915
Organization Overview
Salt Lake City - Utah Committee For The Games Inc is located in Salt Lake City, UT. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Salt Lake City - Utah Committee For The Games 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 12/2022, Salt Lake City - Utah Committee For The Games Inc generated $250.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (50.2%) each year. All expenses for the organization totaled $945.2k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE SALT LAKE CITY-UTAH COMMITTEE FOR THE GAMES IS TO BRING A FUTURE OLYMPIC AND PARALYMPIC WINTER GAMES BACK TO UTAH, WITH A SPECIFIC FOCUS ON HOSTING GAMES IN 2030 OR 2034. THE COMMITTEE IS A UTAH 501(C)(3) NONPROFIT WHOSE BOARD OF DIRECTORS INCLUDES ATHLETES, POLITICAL LEADERS, BUSINESS AND COMMUNITY MEMBERS, AND OTHER STAKEHOLDERS. THE KEY ACTIVITIES OF THE COMMITTEE INCLUDE: DEVELOPMENT OF A GAMES VISION, PROPOSED LEGACY, AND OTHER TECHNICAL REQUIREMENTS TO HOST A GAMES FOR SUBMISSION TO THE INTERNATIONAL OLYMPIC COMMITTEE; PROMOTION OF SALT LAKE CITY-UTAH'S AMBITIONS TO HOST THE GAMES; ENSURING STRONG ALIGNMENT BETWEEN HOSTING THE GAMES AND COMMUNITY LONG-TERM DEVELOPMENT PLANS THROUGH ACTIVE COMMUNITY ENGAGEMENT; AND ADVANCING OLYMPISM AND PARALYMPISM THROUGH ALL COMMITTEE'S ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE SALT LAKE CITY-UTAH COMMITTEE FOR THE GAMES IS TO BRING A FUTURE OLYMPIC AND PARALYMPIC WINTER GAMES BACK TO UTAH, WITH A SPECIFIC FOCUS ON HOSTING GAMES IN 2030 OR 2034. THE COMMITTEE IS A UTAH 501(C)(3) NONPROFIT WHOSE BOARD OF DIRECTORS INCLUDES ATHLETES, POLITICAL LEADERS, BUSINESS AND COMMUNITY MEMBERS, AND OTHER STAKEHOLDERS. THE KEY ACTIVITIES OF THE COMMITTEE INCLUDE: DEVELOPMENT OF A GAMES VISION, PROPOSED LEGACY, AND OTHER TECHNICAL REQUIREMENTS TO HOST A GAMES FOR SUBMISSION TO THE INTERNATIONAL OLYMPIC COMMITTEE; PROMOTION OF SALT LAKE CITY-UTAH'S AMBITIONS TO HOST THE GAMES; ENSURING STRONG ALIGNMENT BETWEEN HOSTING THE GAMES AND COMMUNITY LONG-TERM DEVELOPMENT PLANS THROUGH ACTIVE COMMUNITY ENGAGEMENT; AND ADVANCING OLYMPISM AND PARALYMPISM THROUGH ALL COMMITTEE'S ACTIVITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fraser Bullock President & CEO | OfficerTrustee | 30 | $0 |
Brett Hopkins COO & CFO | OfficerTrustee | 3 | $0 |
Catherine Raney Norman Chair | OfficerTrustee | 30 | $0 |
Steve Starks Vice Chair | OfficerTrustee | 5 | $0 |
Nubia Pena Secretary | OfficerTrustee | 1 | $0 |
Dr Bethami Dobkin Nominations And Governance | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Workforce Optimity Olympic Bid Lead/ Consulting | 12/30/22 | $220,923 |
John Sindelar Hotel Accomodation Advisor | 12/30/22 | $109,813 |
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 | $250,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $250,000 |
| Total Program Service Revenue | $0 |
| 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 | $250,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,328 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $632,436 |
| Advertising and promotion | $0 |
| Office expenses | $155 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $41,001 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $945,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,515 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $250,000 |
| 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 | $376,515 |
| Accounts payable and accrued expenses | $427,844 |
| 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 | $427,844 |
| Net assets without donor restrictions | -$61,329 |
| Net assets with donor restrictions | $10,000 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $376,515 |