Bremer Community Center Inc
- Assets
- $1.6m
- Revenue
- $267.5k
- Investments
- $687.6k
- Employees
- 0
- Location
- Aurora, NE
- Founding
- 01/1972
- Data as of
- 12/2021
- EIN
- 23-7159879
Organization Overview
Bremer Community Center Inc is located in Aurora, NE. The organization was established in 1972. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bremer Community Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Bremer Community Center Inc generated $267.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.4% each year . All expenses for the organization totaled $87.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC FACILITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Bangs Secretary | 0 | $0 | |
Glenn Obermeier Director | 0 | $0 | |
Trevor Thorell Director | 0 | $0 | |
Jennie Kuehner Treasurer | 0 | $0 | |
Curren Vetter President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $897 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,340 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $77,714 |
| Capital Gain Net Income | $77,714 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $167,572 |
| Total Revenue | $267,523 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $6,962 |
| Pension plans, employee benefits | $535 |
| Interest | $0 |
| Taxes | $2,606 |
| Depreciation | $24,857 |
| Occupancy | $19,857 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,196 |
| Total operating and administrative expenses | $87,654 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $87,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $406,770 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $486,162 |
| Other assets | $0 |
| Total assets | $1,580,568 |
| Accounts payable and accrued expenses | $214 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $214 |
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Cedar River Recreation & Fine Arts Osage, IA | $11,312,330 | $892,127 |
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