Oberlin Student Co-Operative Association
- Assets
- $1.3m
- Revenue
- $22.8k
- Investments
- $115.0
- Employees
- 36
- Location
- Oberlin, OH
- Founding
- 06/1963
- Data as of
- 06/2021
- EIN
- 34-0906297
Organization Overview
Oberlin Student Co-Operative Association is located in Oberlin, OH. The organization was established in 1963. 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 06/2021, Oberlin Student Co-Operative Association employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oberlin Student Co-Operative Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2021, Oberlin Student Co-Operative Association generated $22.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (54.9%) each year. All expenses for the organization totaled $339.6k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
1) TO ESTABLISH AN ORGANIZATION TO PROMOTE COOPERATIVE LIVING AT OBERLIN COLLEGE.2) TO PURCHASE, LEASE, OR ENTER INTO CONTRACTUAL OBLIGATIONS WITH OBERLIN COLLEGE FOR HOUSING AND FEEDING STUDENTS AND TO FURNISH SUCH FACILITIES AT ACTUAL COST.3) TO BUY FOOD AND OTHER SUPPLIES FOR ROOMING, DINING, LIVING AND STUDYING TO BE SOLD TO STUDENTS AT ACTUAL COST.4) TO BORROW MONEY AND ISSUE, SELL, OR PLEDGE BONDS, PROMISSORY NOTES OR DEBENTURES TO ACCOMPLISH THE ABOVE PURPOSES.5) TO ARRANGE AND PROVIDE FOR THE SOCIAL AND CULTURAL ENRICHMENT OF ITS MEMBERS AT ACTUAL COST.6) IN GENERAL, TO DO ALL THINGS NECESSARY TO FULLY ACCOMPLISH THE FOREGOING PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SOCIAL AND FRATERNAL DINING SERVICES AND HOUSING AT OBERLIN COLLEGE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Springer Treasurer | Officer | 8 | $0 |
Miranda Harris Chair | Officer | 8 | $0 |
Katie Gait Membership | Officer | 8 | $0 |
Sezny Watkins President | Officer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,438 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,438 |
| Total Program Service Revenue | $0 |
| Investment income | $5,584 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $17 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,824 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,326 |
| 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. | $55,136 |
| Compensation of current officers, directors, key employees. | $44,109 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,919 |
| Pension plan accruals and contributions | $8,156 |
| Other employee benefits | $66,676 |
| Payroll taxes | $10,042 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,686 |
| Fees for services: Accounting | $12,040 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,687 |
| Advertising and promotion | $0 |
| Office expenses | $2,680 |
| 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 | $240 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $726 |
| Insurance | $860 |
| All other expenses | $1,108 |
| Total functional expenses | $339,580 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,064,203 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $88,077 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $85,803 |
| Inventories for sale or use | $7,238 |
| Prepaid expenses and deferred charges | $13,591 |
| Net Land, buildings, and equipment | $314 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $115 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,259,341 |
| Accounts payable and accrued expenses | $260,920 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $44,718 |
| Total liabilities | $305,638 |
| Net assets without donor restrictions | $953,703 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,259,341 |
Grants Awarded
Over the last fiscal year, Oberlin Student Co-Operative Association has awarded $6,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Oberlin, OH PURPOSE: TO ASSIST WITH PROVIDING SERVICES TO LOW-INCOME CITIZENS OF OBERLIN AND SOUTHERN LORAIN COUNTY | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lake Naomi Club Pocono Pines, PA | $31,181,948 | $14,377,164 |
Overbrook Golf Club Bryn Mawr, PA | $25,446,093 | $10,373,823 |
Academy Of Model Aeronautics Ama Muncie, IN | $14,826,959 | $9,207,922 |
American Philatelic Society Bellefonte, PA | $5,023,195 | $3,137,752 |
Lancaster Country Club Lancaster, PA | $38,766,757 | $8,916,109 |
Lakewood Country Club Company Westlake, OH | $13,232,237 | $7,948,852 |
Idle Hour Country Club Inc Lexington, KY | $13,827,877 | $6,560,806 |
Travis Pointe Country Club Ann Arbor, MI | $3,693,496 | $5,450,943 |
Country Club Of York York, PA | $13,796,902 | $5,721,703 |
Portage Country Club Akron, OH | $15,375,950 | $5,578,447 |
Tau Kappa Epsilon Fraternity Inc Indianapolis, IN | $5,851,438 | $5,058,540 |
Summit Hills Country Club Inc Crestview Hills, KY | $10,857,837 | $5,231,377 |