NonprofitsVermont Association Of Snow Travelers Inc

Vermont Association Of Snow Travelers Inc

BARRE, VT

Total revenue

$4.1M

Total expenses

$3.5M

Net assets

$6.1M

Grants received

$116K

3 grants

EIN

237157363

Tax year

2023

Mission

Coordinate the statewide snowmobile trails system (ssts), and educate snowmobilers

Programs

1 program

Vast general program - the major revenue source for this budget is the sale of a trail pass (trails maintenance assessment, or "tma") required by vermont law in order to operate a snowmobile on the ssts. This program also receives grant funding. One source of grant revenue is the national recreational trails program. Vast has other partnerships with federal agencies, like the united states forest service and the united states fish and wildlife services that bring in additional revenues. Vast sells advertising in its magazine (published five times annually) for additional program revenue. This program is broken down into the following three divisions - (1) administration - this division of the program pays for administrative services for the balance of the program, including all salaries and wages, and fringe benefits paid to vast staff. The major income sources are a portion of the tma revenue raised annually and the sale of advertising within snowmobile vermont and the vast website. Snowmobile vermont is the primary tool for communication with its membership. This program division is also reimbursed for employee wages and benefits that are expended on behalf of other programs of vast. (2) trails - this division of the program is, by far, the largest. Vast runs grant-in-aid programs for local clubs that are paid from this portion of the vast budget. Grant-in-aid programs include: trail construction; trail maintenance; trail signing; trail debrushing; emergency allocations; grooming equipment; grooming of the statewide snowmobile trails system; etc. This division of the program also funds vast public relations and communications. Major funding for this division comes from the sale of the tma, as well as grants generated throughout the year. (3) scholarships - one tenth of one percent of every vast tma goes to help fund this program division. In addition, on july 15, 2019 vast opened an annuity with great american insurance group in an effort to gain more interest on board designated amounts for scholarships. Vast is no longer affiliated with the affinity program with liberty mutual insurance company. Currently, vast gives two 2,500 scholarships annually.

Expenses: $2.3MGrants: $1.7M

Financials

FY 2023

Revenue

Contributions & grants$25K
Program service revenue$4.0M
Investment income$112K
Other revenue
Total revenue$4.1M

Expenses

Grants paid$2.1M
Salaries & benefits$561K
Fundraising
Other expenses$832K
Total expenses$3.5M
Total assets$6.1M
Net assets$6.1M

People

19 listed

NameRoleCompensation

CYNTHIA LOCKE

EXECUTIVE DI

Board

$87K

40 hrs/wk

JEFF FAY

PRESIDENT

Board

2 hrs/wk

MARK REAVES

VICE PRESIDE

Board

2 hrs/wk

PATTY COMPANIK

TREASURER

Board

2 hrs/wk

RUTH HALPIN

SECRETARY

Board

2 hrs/wk

PATRICK POULIN

DIRECTOR/CHI

Board

2 hrs/wk

MIKE STEWART

DIRECTOR/RUT

Board

2 hrs/wk

JOHN HULL

DIRECTOR/ESS

Board

2 hrs/wk

DOUG JACOBS

DIRECTOR/WIN

Board

2 hrs/wk

MICHAEL GARBER

DIRECTOR/WIN

Board

2 hrs/wk

BRUCE CARLSON

DIRECTOR/CAL

Board

2 hrs/wk

ROGER GOSSELIN

DIRECTOR/ORL

Board

2 hrs/wk

JULIANN SHERMAN

DIRECTOR/ORA

Board

2 hrs/wk

DUSTIN TURNER

DIRECTOR/LAM

Board

2 hrs/wk

JEFF PORTER

DIRECTOR/GRA

Board

2 hrs/wk

JEFF HALPIN

DIRECTOR/WAS

Board

2 hrs/wk

LEWIS BARNES

DIRECTOR/ADD

Board

2 hrs/wk

MIKE BURNS

DIRECTOR/FRA

Board

2 hrs/wk

CAROL DEJOHN

DIRECTOR/BEN

Board

2 hrs/wk

Independent contractors

RENAUD BROS INC

TRAIL WORK

$111K

Grants received

Showing 3 of 3

FromAmountPurposeYear
$66K
For grant recipient's exempt purposes
2019
$41K
For grant recipient's exempt purposes
2018
$8K
Lamoille Valley Rail Trail
2018

Funded by

$116K from 2 funders · 3 grants · 2018–2019

Fidelity Investments Charitable Gift Fund

$108K · 2 grants · 2018–2019

Lintilhac Foundation Inc

$8K · 1 grant · 2018

Details

EIN237157363
Subsection03
Ruling date1993-10
Formed1967
Employees7
Volunteers23612
VERMONT ASSOCIATION OF SNOW TRAVELERS INC — Mission, Financials & Grants Received | Grantivo