Lake Of Egypt Country Club
- Assets
- $248.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marion, IL
- Founding
- Data as of
- 12/2021
- EIN
- 37-0903896
Organization Overview
Lake Of Egypt Country Club is located in Marion, IL.
For the year ending 12/2021, Lake Of Egypt Country Club generated $171.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $180.7k during the year ending 12/2021. While expenses have increased by 5.4% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE AND OPERATE A GOLF AND COUNTRY CLUB FOR ITS MEMBERS OF THE LOCAL COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Barnett President | 1 | $0 | |
Matt Lyons Secretary | 1 | $0 | |
Jon Cavaness Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,569 |
| Total Program Service Revenue | $0 |
| Membership dues | $151,972 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,889 |
| Total Revenue | $171,430 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,439 |
| Professional fees and other payments to independent contractors | $2,555 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $113 |
| Other expenses | $141,603 |
| Total expenses | $180,710 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,099 |
| Other assets | $0 |
| Total assets | $248,402 |
| Total liabilities | $158,045 |
| Net assets or fund balances | $90,357 |
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