Lake Of Egypt Country Club is located in Marion, IL.
For the year ending 12/2022, Lake Of Egypt Country Club generated $172.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $198.3k during the year ending 12/2022. While expenses have increased by 5.9% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE AND OPERATE A GOLF AND COUNTRY CLUB FOR ITS MEMBERS OF THE LOCAL COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lance Hafeli President | 1 | $0 | |
Jon Cavaness Treasurer | 4 | $0 | |
Matt Lyons Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $200 |
Total Program Service Revenue | $0 |
Membership dues | $157,079 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $14,839 |
Total Revenue | $172,118 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $45,217 |
Professional fees and other payments to independent contractors | $1,980 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $176 |
Other expenses | $150,943 |
Total expenses | $198,316 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $28,758 |
Other assets | $0 |
Total assets | $241,249 |
Total liabilities | $176,590 |
Net assets or fund balances | $64,659 |