Lake Calhoun Assn Inc
- Assets
- $465.1k
- Revenue
- $150.1k
- Investments
- $0.0
- Employees
- 5
- Location
- Galva, IL
- Founding
- 10/1926
- Data as of
- 12/2021
- EIN
- 36-1355462
Organization Overview
Lake Calhoun Assn Inc is located in Galva, IL. The organization was established in 1926. According to its NTEE Classification (C03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Environment and related organizations. As of 12/2021, Lake Calhoun Assn Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Calhoun Assn Inc 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, Lake Calhoun Assn Inc generated $150.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $149.4k during the year ending 12/2021. While expenses have increased by 0.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
LAKE CALHOUN ASSOCIATION INC OPERATES A GOLF COURSE
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAKE CALHOUN ASSOCIATION OPERATES A GOLF COURSE FOR ITS MEMBERS
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 |
|---|---|---|---|
Linda Nelson Treasurer | Officer | 5 | $3,966 |
Gary Anderson President | Officer | 2 | $2,013 |
Chet Travis 2nd Vice President | Officer | 2 | $0 |
Brenda Holmes Sec/treausrer | Officer | 2 | $0 |
Art Goodrich 2nd Vice President | Officer | 2 | $0 |
Keith Luymes 1st Vice President | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $59,403 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,020 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,423 |
| Total Program Service Revenue | $31,215 |
| Investment income | $69 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $31,538 |
| Net Gain/Loss on Asset Sales | $1,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $23,644 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $150,117 |
| 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. | $5,979 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,059 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,029 |
| Payroll taxes | $5,575 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $695 |
| Advertising and promotion | $430 |
| Office expenses | $806 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,365 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,962 |
| Insurance | $7,146 |
| All other expenses | $28,425 |
| Total functional expenses | $149,422 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,556 |
| 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 | $485 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $406,034 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $465,075 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $465,075 |
| Total liabilities and net assets/fund balances | $465,075 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Illinois Landscape Contractors Association Oak Brook, IL | $2,968,809 | $2,239,880 |
Association Of Boards Of Certification Urbandale, IA | $3,964,322 | $2,334,146 |
National Garden Clubs Incorporated St Louis, MO | $24,364,172 | $2,182,653 |
Illinois Environmental Council Springfield, IL | $1,131,600 | $1,626,419 |
Wilmette Harbor Association Inc Wilmette, IL | $1,631,737 | $1,488,824 |
Soil And Water Conservation Society Ankeny, IA | $2,576,417 | $1,462,946 |
Indiana Association Of Soil & Water Indianapolis, IN | $475,638 | $1,089,693 |
Tree Fund-Tree Research & Education Endowment Fund Naperville, IL | $6,282,789 | $725,659 |
Missouri Forest Products Association Jefferson City, MO | $773,554 | $662,881 |
U S Green Building Council-Illinois Chapter Chicago, IL | $540,626 | $526,014 |
Illinois Environmental Regulatory Group Inc Springfield, IL | $628,880 | $479,772 |
Indiana Water Environment Association Inc Indianapolis, IN | $234,562 | $443,058 |