Overview
What is Winter Park Recreational Association?
The Winter Park Recreational Association, situated in Greenwood Village, Colorado, serves as an agent for the City and County of Denver, with a primary focus on facilitating the operation of the Winter Park Ski Area. The association aims to alleviate the burden on the city and county by managing this recreational facility. Although not explicitly mentioned in the information, it can be inferred that the association may provide services related to the ski area, such as organizing events, maintaining facilities, and promoting winter sports. The association's mission is rooted in benefiting the local community and enhancing the overall recreational experiences in the area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
The Winter Park Recreational Association has received a Three-Star rating from Charity Navigator, which indicates a solid performance in accountability and finance. The overall score is derived entirely from the accountability and finance score of 75%, reflecting the organization's commitment to transparency and responsible financial management. Notably, the association has a fully independent board, with all members meeting the criteria for independence.
Strengths of the organization include a high program expense ratio of 97.83%, demonstrating that the vast majority of its resources are directed toward its mission-related activities. The association also scores well on its governance practices, with no material diversion of assets and a comprehensive conflict of interest policy in place. Additionally, the presence of an audit and oversight committee adds to its financial integrity.
However, a limitation in the rating comes from a low score in the liabilities to assets ratio, which stands at 76.20%. This indicates that the organization may have a significant level of liabilities compared to its assets, pointing to potential financial risks that could affect its long-term sustainability. While the organization demonstrates strong financial practices in many areas, addressing its liabilities will be crucial for future stability.
This AI summary has been generated from information found on Charity Navigator.
Is Winter Park Recreational Association legitimate?
Winter Park Recreational Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Winter Park Recreational 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: $66,768
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Winter Park Recreational Association?
The Winter Park Recreational Association serves as an agent of the City and County of Denver, aiming to alleviate its burden. Their primary mission is to oversee the operation of the Winter Park Ski Area, benefiting the city and county in some capacity. Essentially, their role is to continue facilitating the ski area's operations for the benefit of the respective city and county.
Who is the CEO of Winter Park Recreational Association?
Ronald Warren is the President of Winter Park Recreational Association.
What is the revenue of Winter Park Recreational Association?
Winter Park Recreational Association's revenue in 2023 was $6,238,202.
Who are the executives of Winter Park Recreational Association and what are their salaries?
There 5 volunteers at Winter Park Recreational Association.
Here are 7 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $49,504
- Related: $0
- Other: $0
- Compensation: $15,552
- Related: $0
- Other: $0
Where can I find the form 990 for Winter Park Recreational Association?
Winter Park Recreational Association's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Winter Park Recreational Association
The Winter Park Recreational Association serves a crucial role in lessening the burden on the City and County of Denver. Acting as an agent of the city with regard to the Winter Park Resort, this nonprofit organization strives to facilitate the operation of the Winter Park Ski Area. By doing so, it benefits the city and county, contributing positively to its community. The mission of the Winter Park Recreational Association is multifaceted, aiming to ensure the smooth and successful operation of the Winter Park Resort, ultimately benefiting the City and County of Denver.
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Impact
July, 2024
Winter Park Recreational Association impacts the city and county of Denver by facilitating the operation of the Winter Park Ski Area. Its mission is to lessen the burden on Denver by acting as an agent for the city and county with respect to the resort. This allows Winter Park Recreational Association to provide public benefits through its activities in Greenwood Village, CO.
This information is meant to be a general summary of Winter Park Recreational 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $427
- Program Service Revenue: $6,237,045
- Gross Receipts: $6,238,202
Assets and Liabilities:
- Total Assets: $18,797,967
- Total Liabilities: $14,327,399
- Net Assets: $4,470,568
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REV BASED ANNUAL PYMT
Revenue
$3,361,835
LEASE INC & DEFERRED GAIN
Revenue
$2,859,347
UNIT TRANSFER FEES
Revenue
$15,863
Organization Details
Founding Year
1950
Phone
(303) 839-3509Principal Officer
Ronald Warren
Main Address
7000 E BELLEVIEW AVENUE SUITE 300, GREENWOOD VILLAGE, CO, 80111
NTEE Category
Code: W200 - Public benefit
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