Overview
What is Loveland Ski Club Inc?
Loveland Ski Club Inc, located in Georgetown, Colorado, is a nonprofit organization that specializes in skiing activities. With a workforce of 55 individuals, they offer coaching, training, and lane training services to amateur ski racers, catering to both local and national level competitors. Their primary operations take place at the Loveland Basin Ski Area. The club's mission is to foster the growth and development of ski racers, providing them with the necessary skills and opportunities to excel in their passion for the sport.
Official website here: www.lovelandskiclub.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Score: 73%)
Loveland Ski Club Inc has been rated with a score of 73%, indicating areas for improvement in its operations and governance. The organization has a strong commitment to financial accountability, with a program expense ratio of 87.87%, demonstrating that a significant portion of its resources is directed towards its mission. Additionally, the club benefits from a fully independent board, which is a positive indicator of governance.
However, the organization has notable deficiencies in its policies, specifically the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These gaps could potentially compromise the integrity and transparency of the organization’s operations. Furthermore, while the club has effectively documented board meeting minutes and posted its tax forms online, the missing policies point to the need for improved governance practices.
Overall, while Loveland Ski Club Inc shows strong financials and governance by maintaining an independent board, it must address its policy gaps to enhance overall transparency and trustworthiness. The organization's ability to strengthen these areas could significantly improve its rating and public perception moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Loveland Ski Club Inc legitimate?
Loveland Ski Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loveland 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: $90,978
Professional Fundraising Fees: $0
Other Salaries and Wages: $616,771
For more financial information, click here
Official website here: www.lovelandskiclub.com
What is the mission statement of Loveland Ski Club Inc?
Loveland Ski Club Inc is dedicated to offering coaching and training opportunities for amateur ski racers. Located at the Loveland Basin Ski Area, the organization provides a range of services including lane training, coaching, and race hosting. Their mission is to support ski racers from the youth level to the national stage, fostering their skills and growth in the sport. While not explicitly stated in the provided information, it can be inferred that the club aims to promote the love and skill of ski racing among its members, providing them with the necessary resources and guidance to excel.
Official website here: www.lovelandskiclub.com
Who is the CEO of Loveland Ski Club Inc?
Tamara Murphy is the President of Loveland Ski Club Inc.
Official website here: www.lovelandskiclub.com
What is the revenue of Loveland Ski Club Inc?
Loveland Ski Club Inc's revenue in 2023 was $1,063,820.
Official website here: www.lovelandskiclub.com
Who are the executives of Loveland Ski Club Inc and what are their salaries?
The average compensation at Loveland Ski Club Inc during 2023 was $12,868. There are 55 employees and 75 volunteers at Loveland Ski Club Inc.
Here are 11 key members and their salaries:
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Official website here: www.lovelandskiclub.com
Where can I find the form 990 for Loveland Ski Club Inc?
Loveland Ski Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lovelandskiclub.com
Learn more at the official website: www.lovelandskiclub.com
Mission Statement of Loveland Ski Club Inc
Loveland Ski Club Inc, a nonprofit organization, is dedicated to providing coaching and training to amateur ski racers. This mission is carried out at the Loveland Basin Ski Area, where the club offers a range of services. These include lane training, coaching sessions, and even hosting races for ski enthusiasts, ranging from youth to national level competitors. By offering these services, Loveland Ski Club Inc plays a significant role in nurturing and developing the skills of aspiring ski racers, providing them with the necessary tools and opportunities to excel in their chosen sport.
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Impact
July, 2024
Loveland Ski Club Inc impacts the skiing community by providing coaching and training services to amateur ski racers at the Loveland Basin Ski Area. Their programs cater to youth to national level ski racers, offering valuable guidance and support to help athletes reach their full potential on the slopes. Additionally, the organization hosts races and provides lane training services, contributing to the development and growth of ski racing in the local area and beyond. Through their dedication to coaching and training, Loveland Ski Club Inc plays a significant role in fostering the next generation of skilled and passionate ski racers.
This information is meant to be a general summary of Loveland 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $6,290
- Program Service Revenue: $983,841
- Gross Receipts: $1,063,820
Assets and Liabilities:
- Total Assets: $388,891
- Total Liabilities: $137,400
- Net Assets: $251,491
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Training Program Fees
Revenue
$638,941
Training Venue Income
Revenue
$314,039
Ski Tuning Services
Revenue
$8,800
Other Miscellaneous
Revenue
$22,061
Organization Details
Founding Year
1965
Principal Officer
Tamara Murphy
Main Address
PO BOX 1032, Georgetown, CO, 804441032
Website
www.lovelandskiclub.comNTEE Category
Code: N6XZ - Recreation
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