Nonprofit · EIN 41-1544715
TEAM GILBOA SKI CLUB OF MINNESOTA
Tax-exempt · MINNEAPOLIS, MN 55413
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $1,176,338 | $1,175,070 | $1,268 | $367,453 | $94,121 | $273,332 |
| May 31, 2024 | 990 | $1,134,571 | $1,208,675 | -$74,104 | $382,082 | $110,018 | $272,064 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $30,523
- Program service revenue
- $1,058,814
- Investment income
- $20,877
- Net gain from sales of assets
- $16,500
- Net income from fundraising events
- $43,630
- Net income from sales of inventory
- $22,415
- Other revenue
- $66,124
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $97,101
- Other salaries and wages
- $411,068
- Salaries, compensation and benefits (total)
- $561,851
- Professional fundraising fees
- $0
- Legal fees
- $2,482
- Accounting fees
- $59,453
- Occupancy
- $56,438
- Travel
- $337,042
- Depreciation
- $18,724
- Program services (functional)
- $1,056,073
- Management and general (functional)
- $106,398
- Fundraising (functional)
- $12,599
Balance sheet and other
- Total assets, start of year
- $382,082
- Total assets, end of year
- $367,453
- Total liabilities, end of year
- $94,121
- Net assets, end of year
- $273,332
- Land, buildings and equipment
- $50,509
- Publicly traded securities
- $54,036
- Net assets without donor restrictions
- $270,332
- Net assets with donor restrictions
- $3,000
- Gross receipts
- $1,347,652
- Employees
- 80
- Volunteers
- 350
- Year formed
- 1984
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Trevor Davis | Managing Director Officer | 40 | $95,000 | $2,100 |
| Ricky Brown | President Trustee or director, Officer | 3 | $0 | $0 |
| Chris Lappi | Treasurer Trustee or director, Officer | 3 | $0 | $0 |
| Nick Richardson | Vice President Trustee or director, Officer | 3 | $0 | $0 |
| Megan Feeney | Secretary Trustee or director, Officer | 3 | $0 | $0 |
| Nick Jakobe | Member at Large Trustee or director | 1 | $0 | $0 |
| Jinah Chernivec | Member at Large Trustee or director | 3 | $0 | $0 |
| Teresa Knoedler | Member at Large Trustee or director | 1 | $0 | $0 |
| Gavin McLain | Member at Large Trustee or director | 1 | $0 | $0 |
| Stephanie Shaw | Member at Large Trustee or director | 1 | $0 | $0 |
| Benjamin Smith | Member at Large Trustee or director | 1 | $0 | $0 |
990 for the year ended May 31, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Trevor Davis | Managing Director Officer | 40 | $78,924 | $2,570 |
| Patrick McMahon | Member at Large Trustee or director | 1 | $11,190 | $0 |
| Jeanne Anselmo | Member at Large Trustee or director | 1 | $420 | $0 |
| Elizabeth Monico | President Trustee or director, Officer | 3 | $0 | $0 |
| Chris Lappi | Treasurer Trustee or director, Officer | 3 | $0 | $0 |
| Ricky Brown | Vice President Trustee or director, Officer | 3 | $0 | $0 |
| Megan Feeney | Secretary Trustee or director, Officer | 3 | $0 | $0 |
| Charlie Adair | Member at Large Trustee or director | 1 | $0 | $0 |
| Jinah Chernivec | Member at Large Trustee or director | 3 | $0 | $0 |
| John Kim | Member at Large Trustee or director | 1 | $0 | $0 |
| Drew Moratzka | Member at Large Trustee or director | 1 | $0 | $0 |
| Chris Tredinnick | Member at Large Trustee or director | 1 | $0 | $0 |
| Shelby Wolf | Member at Large Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1123 MONROE ST NE, MINNEAPOLIS, MN 55413-1457
- Principal officer (990 for 2024)
- Ricky Brown, PO Box 390483, Edina, MN 55439
- Signed the 990
- Ricky Brown, President
- Phone
- (612) 868-7786
- Website
- www.teamgilboa.com
- Return prepared by
- Abdo LLP
Mission
Through alpine ski racing, we develop and inspire a community of young athletes who strive for excellence, compete with integrity, and pursue a lifelong love of skiing.
Program accomplishments
- Athlete Development: - Delivered over 240 training sessions at Hyland Hills, camp opportunities at more than 12 different training venues, and year-round dryland conditioning. - Supported progression from recreational skiing to competitive racing for more than 450 young athletes, with more than 180 of those participants competing in US Ski and Snowboard competition. - Offered scholarships and financial assistance ensuring that no athlete was turned away due to inability to pay.Expenses $844,858 · revenue $864,983
- Community Impact: - Hosted 4 Junior Race competitions for athletes ages 6-14 from throughout the Twin Cities area. - Collaborated with local ski areas to promote affordable access to the sport, introducing skiing to students from Ann Bancroft Elementary free of charge.Expenses $52,804 · revenue $54,062
- Leadership & Education:- Provided leadership and coaching opportunities for college age and young professional coaches, many of whom went on to earn national coaching certifications.- Incorporated lessons on sportsmanship, mental training and resiliancy, and nutrition, reinforcing skiing as a lifelong, healthy pursuit.Expenses $158,411 · revenue $162,184
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 41-1544715
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1987
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N68Z)
- Assets (IRS master file)
- $367,453
- Income (IRS master file)
- $1,347,652
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $1,176,338 | $1,175,070 | $367,453 | XML |
| 990 | May 2024 | $1,134,571 | $1,208,675 | $382,082 | XML |
| 990 | May 2023 | $1,167,458 | $1,310,581 | $479,075 | IRS |
| 990 | May 2022 | $1,324,328 | $1,230,464 | $607,112 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1544715).
Questions about TEAM GILBOA SKI CLUB OF MINNESOTA
- What is the EIN of TEAM GILBOA SKI CLUB OF MINNESOTA?
- The employer identification number (EIN) of TEAM GILBOA SKI CLUB OF MINNESOTA is 41-1544715.
- Is TEAM GILBOA SKI CLUB OF MINNESOTA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to TEAM GILBOA SKI CLUB OF MINNESOTA tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TEAM GILBOA SKI CLUB OF MINNESOTA file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TEAM GILBOA SKI CLUB OF MINNESOTA due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TEAM GILBOA SKI CLUB OF MINNESOTA last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of TEAM GILBOA SKI CLUB OF MINNESOTA?
- The 990 for the year ended May 31, 2025 names Ricky Brown.
- Who are the officers and directors of TEAM GILBOA SKI CLUB OF MINNESOTA?
- The 990 for the year ended May 31, 2025 lists 11 people; 1 received compensation from the organization, the highest $95,000 (Trevor Davis, Managing Director).
- How much revenue does TEAM GILBOA SKI CLUB OF MINNESOTA have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $1,176,338, expenses of $1,175,070 and total assets of $367,453 at year end.
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