Flint Golf Club
- Assets
- $1.7m
- Revenue
- $489.6k
- Investments
- $0.0
- Employees
- 107
- Location
- Flint, MI
- Founding
- 10/1942
- Data as of
- 12/2023
- EIN
- 38-0545695
Organization Overview
Flint Golf Club is located in Flint, MI. The organization was established in 1942. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Flint Golf Club employed 107 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Flint Golf Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Flint Golf Club generated $489.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $435.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (17.1%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A CLUB HOUSE, DINING FACILITIES, SWIMMING POOL, AND A GOLF COURSE FOR MEMBER ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A CLUB HOUSE, DINING FACILITIES, GOLF SHOP (RETAIL), SWIMMING POOL, AND GOLF COURSE FOR MEMBER ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Weber Chairman Of The Board | Trustee | 3 | $0 |
Mark Gragg President | OfficerTrustee | 3 | $0 |
John Connor Director | Trustee | 1 | $0 |
Jeff Cooper Director | Trustee | 1 | $0 |
John Stewart Vice President | OfficerTrustee | 3 | $0 |
Jay Hutchins Secretary | OfficerTrustee | 3 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,344,262 |
| Investment income | $0 |
| 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 | -$986,534 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $489,557 |
| 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 | $44,873 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $58,317 |
| Fees for services: Management | $18,915 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,783 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,047 |
| Advertising and promotion | $657 |
| Office expenses | $3,649 |
| Information technology | $5,082 |
| 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 | $14,900 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $101,546 |
| Insurance | $28,238 |
| All other expenses | $26,430 |
| Total functional expenses | $435,587 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,856 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $101,818 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $89,040 |
| Prepaid expenses and deferred charges | $5,055 |
| Net Land, buildings, and equipment | $1,408,537 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,665,306 |
| Accounts payable and accrued expenses | $111,900 |
| Grants payable | $0 |
| Deferred revenue | $1,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $12,000 |
| Secured mortgages and notes payable | $716,313 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $113,168 |
| Total liabilities | $954,381 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $21,400 |
| Paid-in or capital surplus, or land, building, or equipment fund | $1,107,311 |
| Retained earnings, endowment, accumulated income, or other funds | -$417,786 |
| Total liabilities and net assets/fund balances | $1,665,306 |