Iron River Country Club
- Assets
- $144.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Iron River, MI
- Founding
- 10/1960
- Data as of
- 12/2021
- EIN
- 38-0680917
Organization Overview
Iron River Country Club is located in Iron River, MI. The organization was established in 1960. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iron River Country Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Iron River Country Club generated $199.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $202.7k during the year ending 12/2021. While expenses have increased by 2.9% 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 Mission:
Part 3 - Line 1
TO PROMOTE THE SPORT OF GOLF FOR LOCAL RESIDENTS AND TOURISTS SO PEOPLE OF ALL AGES CAN LEARN AND ENJOY THE SPORT OF GOLF.
Describe the Organization's Program Activity:
Part 3
PUBLIC GOLF COURSE
PUBLIC GOLF COURSE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracey Nelson President | 5 | $0 | |
David Frailing Treasurer | 5 | $0 | |
Ken Maki Vice President | 5 | $0 | |
John Snow Secretary | 10 | $0 | |
John Donahue Member | 1 | $0 | |
Mark Lindahl Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $127,509 |
| Membership dues | $72,391 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $199,901 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $73,572 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $16,947 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $112,135 |
| Total expenses | $202,654 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,678 |
| Other assets | $0 |
| Total assets | $144,829 |
| Total liabilities | $189,764 |
| Net assets or fund balances | -$44,935 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Academy Of Model Aeronautics Ama Muncie, IN | $14,826,959 | $9,207,922 |
Lakewood Country Club Company Westlake, OH | $13,232,237 | $7,948,852 |
Wisconsin Club Inc Milwaukee, WI | $13,631,132 | $7,676,658 |
Milwaukee Country Club River Hills, WI | $13,393,861 | $8,032,632 |
North Shore Country Club Mequon, WI | $12,385,301 | $7,356,496 |
Travis Pointe Country Club Ann Arbor, MI | $3,693,496 | $5,450,943 |
Portage Country Club Akron, OH | $15,375,950 | $5,578,447 |
Tau Kappa Epsilon Fraternity Inc Indianapolis, IN | $5,851,438 | $5,058,540 |
Green Bay Country Club Inc Green Bay, WI | $11,578,714 | $7,130,925 |
Crystal Downs Country Club Frankfort, MI | $8,303,641 | $4,768,390 |
Gull Lake Country Club Richland, MI | $8,026,024 | $4,057,493 |
Golf Club Co New Albany, OH | $14,299,768 | $5,076,648 |