Columbus Club 5677
- Assets
- $383.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar Rapids, IA
- Founding
- 06/2009
- Data as of
- 12/2021
- EIN
- 20-0347286
Organization Overview
Columbus Club 5677 is located in Cedar Rapids, IA. The organization was established in 2009. According to its NTEE Classification (Y42) the organization is classified as: Domestic Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbus Club 5677 is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Columbus Club 5677 generated $47.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $40.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Palmersheim Recorder | 7 | $0 | |
Tony Schmidt Chairman | 10 | $0 | |
Denis Duppong Treasurer | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,631 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $34,276 |
| Other Revenue | $0 |
| Total Revenue | $47,815 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $32,704 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,415 |
| Total expenses | $40,119 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,614 |
| Other assets | $0 |
| Total assets | $383,104 |
| Total liabilities | $165,876 |
| Net assets or fund balances | $217,228 |
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