Overview
What is Teton Valley Skijor Corporation?
Teton Valley Skijor Corporation is a nonprofit organization situated in Victor, Idaho, deeply rooted in western traditions. Their primary objective is to unite horses and winter sports racing, serving as a platform to augment the revenue of local rural businesses and contribute funds to underfunded charities. In their inaugural year, they successfully raised funds to secure necessary resources for their annual winter sports event, such as land lease, equipment, and marketing. This annual competition, held in January, showcases their unique blend of equestrian and winter sports competitions.
Is Teton Valley Skijor Corporation legitimate?
Teton Valley Skijor Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Teton Valley Skijor Corporation submitted a form 990EZ, 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.
What is the mission statement of Teton Valley Skijor Corporation?
Teton Valley Skijor Corporation's mission is centered around preserving traditional Western practices. They achieve this by merging horse-drawn activities with winter sports competitions. The primary objective of this corporation is to bolster the revenue of local rural businesses and contribute to underfunded charities. During their inaugural year, they successfully raised funds to secure necessary resources for their annual winter sports event, which takes place in January. The corporation operates with the purpose of promoting these events and using the proceeds to support worthy causes.
Who is the CEO of Teton Valley Skijor Corporation?
Neal Stobaugh is the President of Teton Valley Skijor Corporation.
What is the revenue of Teton Valley Skijor Corporation?
Teton Valley Skijor Corporation's revenue in 2023 was $117,737.
Who are the executives of Teton Valley Skijor Corporation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Teton Valley Skijor Corporation?
Teton Valley Skijor Corporation's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Teton Valley Skijor Corporation
Teton Valley Skijor Corporation, a nonprofit organization, is dedicated to preserving traditional western values by merging horses and winter sports racing. Their primary objective is twofold: to stimulate revenue for local rural businesses and to contribute funds to underfunded charities. In their inaugural year, they successfully raised funds to secure necessary resources such as land leases, equipment, and marketing for their annual amateur sports competition, which takes place in January. This event not only celebrates western traditions but also serves as a means to generate revenue and philanthropic contributions.
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Impact
October, 2024
Teton Valley Skijor Corporation significantly impacts the local community by blending the excitement of winter sports with equestrian traditions. This initiative not only promotes an engaging and unique recreational activity but also stimulates the economy in rural areas by drawing visitors and participants to the region.
Through their annual amateur sports competition, held every January, the organization generates revenue that supports local businesses and engages the community in a festive winter tradition. Additionally, funds raised during these events contribute to underfunded charities, amplifying their positive influence. The corporation’s efforts to secure land leases, equipment, and marketing resources further underscore their commitment to fostering a vibrant local culture and economy, ensuring that both the sport and the community thrive together.
This information is meant to be a general summary of Teton Valley Skijor Corporation. 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.
- Program Service Revenue: $46,657
- Gross Receipts: $162,937
Assets and Liabilities:
- Total Assets: $8,551
- Total Liabilities: $44,619
- Net Assets: -$36,068
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Organization Details
Principal Officer
Neal Stobaugh
Main Address
PO BOX 729, VICTOR, ID, 83455
NTEE Category
Code: N99 - Recreation
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