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Central Cross Country Skiing Foundation Inc

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

EIN: 823365765 ✦ Madison, WI ✦ Designated as a 501(c)(3)

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Overview

What is Central Cross Country Skiing Foundation Inc?

Central Cross Country Skiing Foundation Inc is a nonprofit organization located in Madison, Wisconsin. Their primary mission is to support and promote cross-country skiing activities. They have a significant impact on youth by introducing cross-country skiing to 21,357 students from 119 schools, providing them with an opportunity to engage in physical activity and adopt healthy lifestyles. Moreover, the foundation serves students with physical and/or cognitive disabilities, offering them an inclusive skiing program through the Nordic Rocks program. Additionally, they extend this opportunity to 91 disabled veterans and members of the armed forces. The foundation also invests in the development of athletes, conducting summer training camps and organizing events for them to compete at national and international levels. Furthermore, they ensure the availability of groomed trails for approximately 127 days during the winter season.


Official website here: www.center.cxcskiing.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

The Central Cross Country Skiing Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 97%, the organization demonstrates strong commitment to ethical governance and financial transparency, as evidenced by its 100% independent board, no material diversion of assets, and comprehensive policies in place.

The organization's financial metrics are noteworthy, particularly its program expense ratio of 85.58%, which suggests that a significant majority of its expenditures are directed towards programs rather than administrative costs. This reflects a focus on fulfilling its mission and serving its constituents effectively. Additionally, the foundation maintains a low liabilities-to-assets ratio of 21.81%, indicating a stable financial position.

Overall, the Central Cross Country Skiing Foundation Inc exemplifies best practices in nonprofit governance and fiscal responsibility. While the data paints a highly favorable picture, ongoing transparency and community engagement will be key in maintaining this level of trust and effectiveness in the future.


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

Is Central Cross Country Skiing Foundation Inc legitimate?

Central Cross Country Skiing Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Cross Country Skiing Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.center.cxcskiing.org

What is the mission statement of Central Cross Country Skiing Foundation Inc?

The Central Cross Country Skiing Foundation Inc's mission is focused on supporting and promoting the activities of cross-country skiing. This involves introducing young students to the sport through the Nordic Rocks program, providing opportunities for physical activity and healthy lifestyles. The foundation also caters to students with physical and cognitive disabilities, offering them the chance to participate in cross-country skiing. Furthermore, it organizes events for disabled veterans and armed forces members, fostering inclusion and participation in sports. The foundation also supports the development of athletes, providing training camps and opportunities for them to compete at national and international levels. Additionally, it maintains groomed trails for a significant period during the winter season.


Official website here: www.center.cxcskiing.org

Who is the CEO of Central Cross Country Skiing Foundation Inc?

Yuriy Gusev is the President of Central Cross Country Skiing Foundation Inc.


Official website here: www.center.cxcskiing.org

What is the revenue of Central Cross Country Skiing Foundation Inc?

Central Cross Country Skiing Foundation Inc's revenue in 2022 was $950,757.


Official website here: www.center.cxcskiing.org

Who are the executives of Central Cross Country Skiing Foundation Inc and what are their salaries?


Here are 10 key members and their salaries:


Don Becker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Schneider (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yuriy Gusev (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Cohan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Erdman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Gracie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kendal Gretsch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oyvind Solvang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Zdeblick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.center.cxcskiing.org

Where can I find the form 990 for Central Cross Country Skiing Foundation Inc?

Central Cross Country Skiing Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.center.cxcskiing.org

Learn more at the official website: www.center.cxcskiing.org

Mission Statement of Central Cross Country Skiing Foundation Inc

The Central Cross Country Skiing Foundation Inc is committed to supporting and promoting the activities of Central Cross Country Skiing, Inc. This nonprofit organization actively works towards achieving this mission in various capacities.

One of the key areas where the Central Cross Country Skiing Foundation Inc makes a significant impact is through its youth program, Nordic Rocks. This initiative introduced cross-country skiing to over 21,000 students from 119 schools, offering them an opportunity to engage in physical activity and adopt healthier lifestyles. Additionally, the Nordic Rocks program extended its reach to students with physical and cognitive disabilities, serving 307 students from 79 schools. Furthermore, the foundation provided opportunities for 91 disabled veterans and disabled members of the armed forces to participate in 24 organized events.

Beyond its youth and adaptive programs, the Central Cross Country Skiing Foundation Inc also supports the development of athletes. Through summer training camps, the foundation offered an engaging platform for 111 athletes to enhance their skills. Furthermore, 724 athletes competed in CXC Cup events, and 128 qualified to participate at the national and international levels.

In terms of facilities, the foundation ensured that 127 days of groomed trails were available from November 21 to March 28, providing ample opportunities for individuals to engage in cross-country skiing activities. Overall, the Central Cross Country Skiing Foundation Inc plays a vital role in promoting and supporting cross-country skiing activities, with a particular focus on youth, adaptive programs, and athlete development.

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Impact




July, 2024

Central Cross Country Skiing Foundation Inc has made a significant impact through its activities to support and promote cross-country skiing. Specifically, the organization's Nordic Rocks program has introduced over 21,357 students from 119 schools to cross-country skiing, providing them with opportunities to engage in physical activity and lead healthy lifestyles. In addition, the program has served 307 students with physical and/or cognitive disabilities from 79 schools, as well as facilitated the participation of 91 disabled veterans and disabled members of the armed forces in 24 events.

Furthermore, the organization has supported the development of athletes through summer training camps, CXC Cup events, and by helping 128 athletes qualify to compete at national and international levels. Central Cross Country Skiing Foundation Inc has also contributed to providing well-maintained facilities, offering 127 days of groomed trails from November 21 to March 28 in Madison, Wisconsin. Through these efforts, the organization has had a positive impact on promoting recreation and healthy lifestyles through cross-country skiing.




This information is meant to be a general summary of Central Cross Country Skiing Foundation 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
$950,757 (2022)
Expenses
$58,454 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $950,757

Assets and Liabilities:

  • Total Assets: $1,419,863
  • Total Liabilities: $267,041
  • Net Assets: $1,152,822

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Organization Details

Founding Year

2017

Principal Officer

Yuriy Gusev

Main Address

718 POST RD STE F, MADISON, WI, 53713

NTEE Category

Code: N60 - Recreation

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