Mt Holiday Inc
- Assets
- $1.4m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 65
- Location
- Traverse City, MI
- Founding
- 06/2002
- Data as of
- 06/2022
- EIN
- 30-0030865
Organization Overview
Mt Holiday Inc is located in Traverse City, MI. The organization was established in 2002. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Mt Holiday Inc employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mt Holiday 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 06/2022, Mt Holiday Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $671.9k during the year ending 06/2022. While expenses have increased by 1.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE OPPORTUNITY TO LEARN AND PARTICIAPTE IN WINTER AND SUMMER OUTDOOR RECREATIONAL ACTIVITES, REGARDLESS OF PERSON OR ORGANIZATION'S FINANCIAL SITUATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF SKI AREA AND RELATED SERVICES AND EQUIPMENT IN FURTHERANCE OF THE EXEMPT PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Harris Past Preside | OfficerTrustee | 2 | $0 |
Mike Dorman Vice Preside | OfficerTrustee | $0 | |
Brian Ockert Treasurer | OfficerTrustee | 2 | $0 |
Michelle Pearson Vice Preside | OfficerTrustee | 2 | $0 |
Nick Dieleman President | OfficerTrustee | 5 | $0 |
Dennis Hoxsie Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $91,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $139,534 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $231,334 |
| Total Program Service Revenue | $579,084 |
| Investment income | $26 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $115,927 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $77,948 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,006,798 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $190,019 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $40,418 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $15,378 |
| Office expenses | $18,152 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,221 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $62,628 |
| Insurance | $67,896 |
| All other expenses | $51,377 |
| Total functional expenses | $671,895 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $338,464 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $883,230 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $134,352 |
| Total assets | $1,356,046 |
| Accounts payable and accrued expenses | $38,793 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $177,742 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $216,535 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,139,511 |
| Total liabilities and net assets/fund balances | $1,356,046 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Mt Holiday Inc has recieved totaling $21,356.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $11,000 |
Art And Mary Schmuckal Family Foundation Traverse City, MI PURPOSE: CAMPAIGN SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $356 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Academy Of Model Aeronautics Ama Muncie, IN | $14,826,959 | $9,207,922 |
Lakewood Country Club Company Westlake, OH | $13,232,237 | $7,948,852 |
Wisconsin Club Inc Milwaukee, WI | $13,631,132 | $7,676,658 |
Milwaukee Country Club River Hills, WI | $13,393,861 | $8,032,632 |
North Shore Country Club Mequon, WI | $12,385,301 | $7,356,496 |
Travis Pointe Country Club Ann Arbor, MI | $3,693,496 | $5,450,943 |
Portage Country Club Akron, OH | $15,375,950 | $5,578,447 |
Tau Kappa Epsilon Fraternity Inc Indianapolis, IN | $5,851,438 | $5,058,540 |
Green Bay Country Club Inc Green Bay, WI | $11,578,714 | $7,130,925 |
Crystal Downs Country Club Frankfort, MI | $8,303,641 | $4,768,390 |
Gull Lake Country Club Richland, MI | $8,026,024 | $4,057,493 |
Golf Club Co New Albany, OH | $14,299,768 | $5,076,648 |