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Winnipesaukee Ski Club Inc

Gunstock Ski Club

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

EIN: 026013168 ✦ Laconia, NH ✦ Designated as a 501(c)(3)

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Overview

What is Winnipesaukee Ski Club Inc?

Winnipesaukee Ski Club Inc., operating under the name Gunstock Ski Club, is a nonprofit organization based in Laconia, New Hampshire. With a focus on nurturing a passion for skiing, they provide an engaging ski racing program for approximately 150 children aged 7 to 18, adhering to the guidelines set by the US Ski Association. Their activities are primarily funded through membership dues, entrance fees, and training fees. The club's primary mission is to instill a love for skiing in its athletes while teaching them the skills necessary for ski racing. With a team of 19 dedicated individuals, the club supports its members in their skiing journey.


Official website here: www.gunstockskiclub.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star Rating.

Winnipesaukee Ski Club Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 73% that is determined solely by its Accountability & Finance metrics. The organization demonstrates strong governance practices with a fully independent board and a solid liabilities to assets ratio. These factors contribute positively to its financial health and operational transparency.

However, the rating highlights significant weaknesses in the area of financial reporting. The organization scored zero points for financial statements and the posting of its tax form on its website, indicating potential transparency issues. Additionally, it lacks a whistleblower policy and a document retention and destruction policy, which are important for organizational accountability.

While the high program expense ratio suggests that a substantial portion of its funds is directed toward its mission, the overall lack of comprehensive financial documentation raises concerns about its accountability practices. These factors underscore the need for Winnipesaukee Ski Club Inc to improve its financial transparency to enhance donor confidence and overall performance.


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

Is Winnipesaukee Ski Club Inc legitimate?

Winnipesaukee Ski Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Winnipesaukee Ski Club Inc 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: $74,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $117,398

For more financial information, click here


Official website here: www.gunstockskiclub.org

What is the mission statement of Winnipesaukee Ski Club Inc?

The Winnipesaukee Ski Club Inc's mission is centered around fostering a passion for skiing within its athletes. This is accomplished as the athletes learn the skills necessary for ski racing. The club, following the guidelines of the US Ski Association, offers ski racing opportunities for approximately 150 children ranging from ages 7 to 18. The operational costs of the program are supported through membership dues, entrance fees, and training fees.


Official website here: www.gunstockskiclub.org

Who is the CEO of Winnipesaukee Ski Club Inc?

Timothy Haarmann is the President of Winnipesaukee Ski Club Inc.


Official website here: www.gunstockskiclub.org

What is the revenue of Winnipesaukee Ski Club Inc?

Winnipesaukee Ski Club Inc's revenue in 2022 was $578,623.


Official website here: www.gunstockskiclub.org

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

The average compensation at Winnipesaukee Ski Club Inc during 2022 was $10,100. There are 19 employees and 100 volunteers at Winnipesaukee Ski Club Inc.


Here are 9 key members and their salaries:


Jacob Baron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Coneely (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryant Lehr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Rutan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Whalley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Haarmann (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Howard (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Lyman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Magill (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gunstockskiclub.org

Where can I find the form 990 for Winnipesaukee Ski Club Inc?

Winnipesaukee Ski Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gunstockskiclub.org

Learn more at the official website: www.gunstockskiclub.org

Mission Statement of Winnipesaukee Ski Club Inc

Winnipesaukee Ski Club Inc is committed to nurturing a passion for skiing within its athletes. Through this process, the club empowers its members aged 7 to 18 to excel in ski racing, guided by the principles of the United States Ski Association. The club's activities are primarily funded through membership dues, entrance fees, and training fees.

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Impact




July, 2024

Winnipesaukee Ski Club Inc impacts the community by fostering a love of skiing within athletes and providing them with the opportunity to learn how to ski race. Through their ski racing program for approximately 150 children ages 7 to 18, associated with and run under the guidelines of the US Ski Association, they are not only promoting physical activity but also teaching valuable skills such as discipline, sportsmanship, and teamwork. The costs of the program are supported by membership dues, entrance fees, and training fees, ensuring that the club can continue to provide these opportunities for young athletes in Laconia, NH.




This information is meant to be a general summary of Winnipesaukee Ski Club Inc. 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
$578,623 (2022)
Expenses
$437,496 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $16
  • Program Service Revenue: $211,754
  • Gross Receipts: $870,401

Assets and Liabilities:

  • Total Assets: $936,765
  • Total Liabilities: $123,526
  • Net Assets: $813,239

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Programs

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

RACE REVENUES

Revenue

$193,858

CAMPS-MIDWEEK PROGRAM

Revenue

$17,896

Organization Details

Founding Year

1980

Principal Officer

Timothy Haarmann

Main Address

PO BOX 222, LACONIA, NH, 032470222

NTEE Category

Code: N68 - Recreation

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