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Lake State Alpine Racing

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

EIN: 842476211 ✦ Minnetonka, MN ✦ Designated as a 501(c)(3)

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Overview

What is Lake State Alpine Racing?

Lake State Alpine Racing is a nonprofit organization based in Minnetonka, Minnesota, with the address 15912 Willowood Drive. Established three years ago, the organization primarily caters to children between the ages of 7 and 15, enrolling 165 skiers in its alpine racing program in the 2021-2022 season. Lake State Alpine Racing is a member of the Midwest Snowports Development League (MSDL), participating in eight alpine ski race events. The organization's mission is to offer exceptional alpine ski instruction and coaching to youth in a safe, welcoming, and enjoyable atmosphere. Furthermore, Lake State Alpine Racing promotes outdoor recreation during winter, helping children stay active, develop new skills, and cultivate a lifelong love for skiing. The organization values treating all its participants with kindness, fostering an inclusive and supportive environment.


Official website here: www.lakestatealpineracing.com

Is Lake State Alpine Racing legitimate?

Lake State Alpine Racing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake State Alpine Racing 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: $3,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lakestatealpineracing.com

What is the mission statement of Lake State Alpine Racing?

Lake State Alpine Racing's mission is centered around providing top-notch alpine ski instruction and coaching to youth in a secure, welcoming, and enjoyable atmosphere. Beyond skiing, they offer outdoor winter recreation activities that encourage physical activity, skill development, and the fostering of a lifelong passion for skiing. The organization strongly believes in treating all children, including those outside their team, with kindness.


Official website here: www.lakestatealpineracing.com

Who is the CEO of Lake State Alpine Racing?

Brad Stageberg is the President of Lake State Alpine Racing.


Official website here: www.lakestatealpineracing.com

What is the revenue of Lake State Alpine Racing?

Lake State Alpine Racing's revenue in 2022 was $89,054.


Official website here: www.lakestatealpineracing.com

Who are the executives of Lake State Alpine Racing and what are their salaries?

There 4 volunteers at Lake State Alpine Racing.


Here are 5 key members and their salaries:


Brad Stageberg (President)
  • Compensation: $3,500
  • Related: $0
  • Other: $0
Shawn Meyer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Thies (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sven Kohmyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Friedrichs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lakestatealpineracing.com

Where can I find the form 990 for Lake State Alpine Racing?

Lake State Alpine Racing's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lakestatealpineracing.com

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

Mission Statement of Lake State Alpine Racing

Lake State Alpine Racing, a nonprofit organization, is committed to providing top-notch alpine ski instruction and race coaching to youth in a secure, welcoming, and enjoyable environment. Their mission extends beyond skiing, as they also offer outdoor winter recreation activities that encourage children to stay active, acquire new skills, and cultivate a lifelong passion for skiing. The organization believes in treating every youth, including their own team members and those from other teams, with kindness and respect, reflecting their dedication to fostering a positive and inclusive environment.

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Impact




October, 2024

Lake State Alpine Racing has made a significant impact on youth in Minnetonka, Minnesota, by providing high-quality alpine ski instruction and race coaching. In its third year of operation during the 2021-2022 season, the program enrolled 165 young athletes, mainly aged between 7 and 15 years old. This initiative fosters a safe and enjoyable environment for children to engage in outdoor winter activities, encouraging them to stay active and develop new skills.

By participating in the Midwest Snowports Development League (MSDL), Lake State Alpine Racing offers a structured competitive experience that helps instill discipline, teamwork, and resilience in its members. The emphasis on kindness and camaraderie ensures that all children feel valued and supported, contributing to their personal growth and nurturing a lifelong passion for skiing. Ultimately, this program plays a crucial role in enriching the lives of local youth through sports and recreation, promoting both physical fitness and social development.




This information is meant to be a general summary of Lake State Alpine Racing. 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
$89,054 (2022)
Expenses
$73,488 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14
  • Program Service Revenue: $83,040
  • Gross Receipts: $89,054

Assets and Liabilities:

  • Total Assets: $38,678
  • Total Liabilities: $0
  • Net Assets: $38,678

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Programs

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

REG REVENUE DISCOUNTS

Revenue

-$3,792

REGISTRATION REVENUE

Revenue

$86,832

Organization Details

Founding Year

2019

Principal Officer

Brad Stageberg

Main Address

15912 WILLOWOOD DRIVE, MINNETONKA, MN, 55345

NTEE Category

Code: N68 - Recreation

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