Winnipesaukee Skating Club

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

EIN: 020454531 ✦ Belmont, NH ✦ Designated as a 501(c)(3)

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Overview

What is Winnipesaukee Skating Club?

The Winnipesaukee Skating Club is a nonprofit organization that plays a significant role in the community by constructing and operating an ice skating arena. Their primary mission is to provide ice time, catering to the needs of the public, as well as offering rental opportunities for hockey teams and other skating organizations. This community-oriented facility serves as a hub for skating enthusiasts, promoting recreational activities and fostering a sense of camaraderie among local skaters.


Official website here: www.laconiaicearena.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Star rating)

Winnipesaukee Skating Club has achieved a commendable Four-Star rating from Charity Navigator, highlighting its strong performance in accountability and finance. The charity's overall score is derived entirely from its Accountability & Finance measures, which received a score of 90%. This indicates a high level of transparency and responsible financial management.

The organization demonstrates several strengths, including a fully independent board with 77% of its members being independent, and a strong commitment to ethical governance as evidenced by having comprehensive conflict of interest and whistleblower policies in place. Additionally, their program expense ratio is impressive, with nearly 84% of expenditures directly supporting their programs, reflecting a focus on mission-driven activities.

However, while the financial metrics are strong, further insights into the impact of their programs and community engagement would provide a more rounded view of the organization's effectiveness. Despite this limitation, the solid financial health and governance practices position the Winnipesaukee Skating Club as a reliable and trustworthy nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is Winnipesaukee Skating Club legitimate?

Winnipesaukee Skating Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Winnipesaukee Skating Club 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: $61,903
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,638

For more financial information, click here


Official website here: www.laconiaicearena.com

What is the mission statement of Winnipesaukee Skating Club?

The Winnipesaukee Skating Club is dedicated to serving the community by constructing and managing an ice skating arena. This facility provides ice time for public skating and is also rented out to hockey teams and other skating organizations. The club's mission essentially revolves around offering a communal space for ice sports enthusiasts, promoting recreational activities and team sports within the community.


Official website here: www.laconiaicearena.com

What is the revenue of Winnipesaukee Skating Club?

Winnipesaukee Skating Club's revenue in 2024 was $468,798.


Official website here: www.laconiaicearena.com

Who are the executives of Winnipesaukee Skating Club and what are their salaries?

The average compensation at Winnipesaukee Skating Club during 2024 was $5,064. There are 24 employees and 3 volunteers at Winnipesaukee Skating Club.

Here are 9 key members and their salaries:


Ryan Quigley (Director)
  • Compensation: $61,903
  • Related: $0
  • Other: $0
David Caron (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Demers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Mcgreevy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Meegan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat O'Reilly (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Poirier (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Vigue (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Yeager (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.laconiaicearena.com

Where can I find the form 990 for Winnipesaukee Skating Club?

Winnipesaukee Skating Club's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.laconiaicearena.com

Learn more at the official website: www.laconiaicearena.com

Mission Statement of Winnipesaukee Skating Club

The Winnipesaukee Skating Club, in its mission, constructs and manages a community ice skating arena. This facility serves as a hub for public skating sessions and provides rental opportunities for various hockey teams and skating organizations. By offering this ice time, the club contributes to fostering a sense of community and promoting ice sports within the area.

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Impact




July, 2024

The Winnipesaukee Skating Club provides a vital community ice skating arena in Laconia, New Hampshire. Its impact is seen through the opportunities it provides for public skating and rental by hockey teams and other skating organizations. By offering a dedicated space for ice-related activities, the club contributes to the physical health, recreation, and social connectedness of individuals in the area.




This information is meant to be a general summary of Winnipesaukee Skating Club. 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
$468,798 (2024)
Expenses
$484,730 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $16,988
  • Program Service Revenue: $411,706
  • Gross Receipts: $509,152

Assets and Liabilities:

  • Total Assets: $1,242,892
  • Total Liabilities: $1,054
  • Net Assets: $1,241,838

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Programs

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

ARENA INCOME

Revenue

$380,369

OTHER SERVICES

Revenue

$31,337

Organization Details

Founding Year

1993

Principal Officer

David Caron

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