Adirondack1000 Islands Sports & Events Commission Inc

EIN: 222861424 501(c)(3)

Lake Placid, NY

Total Revenue
$1,971,952
Total Expenses
$1,660,903
Total Assets
$823,572
Net Assets
$-352,703
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
NY
Principal Officer
JAMES B MCKENNA
Phone
5182496706
Tax Period
2024-04-01 to 2025-03-31

Adirondack1000 Islands Sports & Events Commission Inc, founded in 1986, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024. Revenue fell 75% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $311K, a strong 16% operating margin.

Mission

TO EDUCATE, PROMOTE, ENCOURAGE, FOSTER, AND ENHANCE THE PUBLIC'S KNOWLEDGE AND INTEREST IN NATIONAL AND INTERNATIONAL SPORTS COMPETITIONS AND CONCEPTS; TO PROVIDE AID AND ASSISTANCE IN SOCIAL, VOLUNTEER, AND BUSINESS WAYS TO NATIONAL AND INTERNATIONAL AMATEUR ATHLETICS; TO CENTRALIZE NATIONAL AND INTERNATIONAL SPORTS MANAGEMENT, VOLUNTEERISM, AND OTHER SUPPORT SERVICES FOR THE ADIRONDACK NORTH COUNTRY REGION; TO ENCOURAGE AND SUPPORT THE GROWTH OF THE REGIONAL ECONOMY WITH SUSTAINABLE EMPLOYMENTAND BUSINESS OPPORTUNITIES BY BOLSTERING OUR SPORTS HERITAGE BOTH NATIONALLY AND GLOBALLY; AND TO ENCOURAGE AND SUPPORT FRIENDLY COMPETITION, GROWTH, AND LEARNING EXPERIENCE FOR ATHLETES OF ALL AGES AND NATIONALITIES.

Program Service Accomplishments

Program 1
Expenses: $1,358,763 Revenue: $1,663,207

THE COMMISSION STRIVES TO DEVELOP AND PROMOTE SPORTING EVENTS IN THE ADIRONDACK MOUNTAIN AND 1000 ISLAND REGION OF NEW YORK STATE FOR THE PURPOSE OF EXPANDING THE YEAR ROUND ECONOMIC OPPORTUNITIES OF...

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THE COMMISSION STRIVES TO DEVELOP AND PROMOTE SPORTING EVENTS IN THE ADIRONDACK MOUNTAIN AND 1000 ISLAND REGION OF NEW YORK STATE FOR THE PURPOSE OF EXPANDING THE YEAR ROUND ECONOMIC OPPORTUNITIES OF THE AREA AND TO INCREASE PUBLIC INTEREST IN SPORTING EVENTS. THE COMMISSION'S CURRENT EFFORTS ARE TO DEVELOP AND PROMOTE REGIONAL AND INTERNATIONAL SPORTS ACTIVITIES AND EVENTS AND SPUR UPGRADES OF THE REGIONAL INFRASTRUCTURE INCLUDING CONDUCTING THE 2023 WORLD UNIVERSITY WINTER GAMES; CONDUCTING THE 2024 INTERNATIONAL ICE HOCKEY FEDERATION WOMEN'S WORLD CHMAPIONSHIPS; CONDUCTING THE ANNUAL EMPIRE STATE WINTER GAMES; CONDUCTING VARIOUS AMATEUR SPORTS EVENTS IN THE NORTH COUNTRY OF NEW YORK STATE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $308,745
Program Service Revenue $1,663,207
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,971,952

Expense Breakdown

Grants Paid $8,900
Salaries & Benefits $563,444
Fundraising Expenses $0
Program Expenses $1,358,763
Other Expenses $1,088,559
TOTAL EXPENSES $1,660,903

Year-over-Year Comparison

2024 2023 Change
Revenue $1,971,952 $8,011,785 -0.8%
Expenses $1,660,903 $2,727,563 -0.4%
Net Income $311,049 $5,284,222 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
7
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES MCKENNA CHAIR 10.00
Officer Director
$0 $0 $0
MARTINA LUSSI SECRETARY 2.00
Officer Director
$0 $0 $0
JOHN B HUTTLINGER JR TREASURER 5.00
Officer Director
$0 $0 $0
JAMES LEAHY DIRECTOR 2.00
Director
$0 $0 $0
ALAN SHAW DIRECTOR 2.00
Director
$0 $0 $0
BRENDA SMITH DIRECTOR 2.00
Director
$0 $0 $0
DOUGLAS STEWART DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,041,322 $1,600,540 $823,572 $440,782
2025 $1,971,952 $1,660,903 $823,572 $311,049
2024 $1,189,750 $2,925,137 $1,555,742 $-1,735,387
2023 $63,490,488 $57,813,781 $17,498,146 $5,676,707
2022 $5,375,870 $5,273,102 $3,743,257 $102,768
2021 $1,652,001 $1,645,999 $672,686 $6,002
2020 $998,181 $1,000,009 $384,424 $-1,828
2019 $946,150 $723,484 $1,007,368 $222,666
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