Red Run Golf Club
- Assets
- $13.6m
- Revenue
- $7.4m
- Investments
- $0.0
- Employees
- 335
- Location
- Royal Oak, MI
- Founding
- 08/1953
- Data as of
- 09/2023
- EIN
- 38-0958820
Organization Overview
Red Run Golf Club is located in Royal Oak, MI. The organization was established in 1953. 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 09/2023, Red Run Golf Club employed 335 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Red Run 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 09/2023, Red Run Golf Club generated $7.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $7.4m during the year ending 09/2023. While expenses have increased by 3.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A MEMBERSHIP SPORTS AND RECREATION CLUB
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL EXPENSES INCURRED ARE PROVIDED FOR THE RECREATION AND PLEASURE TO ALL MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lowell J Scott President | OfficerTrustee | 5 | $0 |
Daniel R Taylor Vice President | OfficerTrustee | 5 | $0 |
Kevin T Stanley Treasurer | OfficerTrustee | 5 | $0 |
Eric R Smigielski Secretary | OfficerTrustee | 5 | $0 |
Paul C Leonard Director | Trustee | 5 | $0 |
William T Kunz Director | Trustee | 5 | $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 | $1,200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,200 |
| Total Program Service Revenue | $6,928,565 |
| Investment income | $3,875 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $143,462 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$6,389 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,386,299 |
| 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 | $2,810,328 |
| Pension plan accruals and contributions | $94,212 |
| Other employee benefits | $28,678 |
| Payroll taxes | $278,545 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $93,665 |
| Office expenses | $15,620 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $359,052 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,576 |
| Interest | $237,242 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,011,548 |
| Insurance | $374,305 |
| All other expenses | $692,066 |
| Total functional expenses | $7,416,713 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $662,946 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $904,189 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $666,075 |
| Prepaid expenses and deferred charges | $174,247 |
| Net Land, buildings, and equipment | $10,520,776 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $663,695 |
| Total assets | $13,591,928 |
| Accounts payable and accrued expenses | $735,227 |
| 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 | $4,062,355 |
| Other liabilities | $492,781 |
| Total liabilities | $5,290,363 |
| Net assets without donor restrictions | $8,301,565 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $13,591,928 |