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Acadia Skating Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010526667 ✦ Ellsworth, ME ✦ Designated as a 501(c)(3)

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Overview

What is Acadia Skating Association?

The Acadia Skating Association is a nonprofit organization dedicated to fostering ice skating and establishing a community ice skating arena as a recreational facility for children and young adults. Initially, their focus was solely on promoting and developing ice skating sport activities. However, the organization's mission has evolved, with 70% of its income now stemming from an international program that caters to Special Olympic children and young adults. This program involves providing skating education and training, enabling them to excel in and participate in the Special Olympics. Additionally, the Acadia Skating Association extends its support to underprivileged minority children in Ellsworth, Maine, by providing them with skates and training.

Is Acadia Skating Association legitimate?

Acadia Skating Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Acadia Skating Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $609,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Acadia Skating Association?

The Acadia Skating Association, established with the purpose of promoting ice skating and ice skating sports, has expanded its mission to cater to a wider audience. Initially, its goal was to develop a public skating facility for children and young adults. However, the mission has evolved into a three-pronged approach. The second and third aspects of this mission involve providing skating education to individuals with mental handicaps, both young and old. The final component of the mission is to prepare these individuals for participation in the Special Olympics, teaching them the skills necessary to compete and win.

Who is the CEO of Acadia Skating Association?

Paul Panngburn is the President of Acadia Skating Association.

What is the revenue of Acadia Skating Association?

Acadia Skating Association's revenue in 2020 was $876,659.

Who are the executives of Acadia Skating Association and what are their salaries?

There 20 volunteers at Acadia Skating Association.


Here are 5 key members and their salaries:


Glenn Burroughs (Union Rep)
  • Compensation: $0
  • Related: $0
  • Other: $42,300
Union Workers Benifit Trust (Teamsters Rep)
  • Compensation: $75,900
  • Related: $0
  • Other: $0
Jason Boone (Secratary)
  • Compensation: $175,899
  • Related: $0
  • Other: $0
Leonard Lampasona (Treasurer)
  • Compensation: $209,900
  • Related: $0
  • Other: $0
Paul Panngburn (President)
  • Compensation: $150,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Acadia Skating Association?

Acadia Skating Association's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Acadia Skating Association

Acadia Skating Association, established with the primary goal of promoting ice skating and ice skating sports, has expanded its mission over the years. Initially, it aimed to develop a community ice skating arena and provide a recreational public skating facility for children and young adults. However, the organization's purpose has evolved, branching out into two additional areas.

The second and third prongs of Acadia Skating Association's mission focus on skating education for individuals with mental disabilities, both young and old. Recognizing the unique needs and abilities of this population, the association has dedicated itself to teaching them the joy and skills of ice skating.

Furthermore, Acadia Skating Association goes beyond simply teaching these individuals how to skate. It also prepares them for participation in the Special Olympics, fostering a sense of competition and accomplishment. By providing this comprehensive skating education and competitive opportunities, the association empowers these individuals, allowing them to showcase their talents and abilities.

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Impact




October, 2024

Acadia Skating Association significantly impacts the community by promoting ice skating and establishing a welcoming recreational space for children and young adults. The association not only fosters a love for the sport but also enhances community engagement through its activities.

A key element of its mission is the focus on inclusivity, particularly through programs tailored for mentally handicapped individuals of all ages. By offering tailored skating education and training, the association empowers these individuals to develop their skills and gain confidence, culminating in opportunities to compete in the Special Olympics.

Moreover, Acadia Skating Association actively supports minority children in Ellsworth, Maine, by providing them with skating equipment and training. This initiative broadens access to ice skating, ensuring that more young people can join the sport, regardless of their circumstances.

The association's international program has also become a crucial component of its identity, generating significant income to sustain and expand its offerings. This multifaceted approach not only enriches the lives of participants but also strengthens the fabric of the community, making ice skating an accessible and enjoyable activity for all.




This information is meant to be a general summary of Acadia Skating Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$876,659 (2020)
Expenses
$756,356 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $86,567
  • Program Service Revenue: $163,655
  • Gross Receipts: $1,230,067

Assets and Liabilities:

  • Total Assets: $190,469
  • Total Liabilities: $0
  • Net Assets: $190,469

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Annual winter event 2019 staring Tanya Harding

Revenue

$108,188

Organization Details

Founding Year

2003

Principal Officer

Paul Panngburn

Main Address

PO BOX 531, ELLSWORTH, ME, 046050531

NTEE Category

Code: N68 - Recreation

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