Saginaw Country Club Inc
- Assets
- $2.7m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 136
- Location
- Saginaw, MI
- Founding
- 05/1935
- Data as of
- 12/2022
- EIN
- 38-0995507
Organization Overview
Saginaw Country Club Inc is located in Saginaw, MI. The organization was established in 1935. 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 12/2022, Saginaw Country Club Inc employed 136 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saginaw Country Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Saginaw Country Club Inc generated $3.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $3.2m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FORMED FOR THE PLEASURE, RECREATION AND OTHER NON-PROFITABLE PURPOSES OF ITS MEMBERS, AND OFFERS DINING, BANQUET FACILITIES, SWIMMING, TENNIS AND GOLF TO ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD & BAR, GOLF, LOCKER, POOL, AND HOGAN GRILL SERVING APPROXIMATELY 377 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Alexander Prior Club M | Officer | 40 | $93,253 |
Chad Boyce Interim Club | Officer | 40 | $95,236 |
Elissa Basil Trustee | Trustee | 1 | $0 |
Mark Flegenheimer Trustee | Trustee | 1 | $0 |
Tim Hausbeck Trustee | Trustee | 1 | $0 |
Trace Hendrick President | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ace - Saginaw Paving Co | 12/30/22 | $241,500 |
Atsalis Brothers Painting Co | 12/30/22 | $230,000 |
Bourdow Contracting | 12/30/22 | $155,509 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $415,785 |
| 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 | $415,785 |
| Total Program Service Revenue | $2,531,331 |
| Investment income | $544 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,161 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $730,032 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,719,683 |
| 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. | $209,845 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,285,539 |
| Pension plan accruals and contributions | $10,151 |
| Other employee benefits | $97,792 |
| Payroll taxes | $166,989 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,389 |
| Fees for services: Accounting | $9,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,873 |
| Advertising and promotion | $43,803 |
| Office expenses | $18,292 |
| Information technology | $20,099 |
| Royalties | $0 |
| Occupancy | $379,869 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $21,842 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $209,085 |
| Insurance | $74,211 |
| All other expenses | $62,709 |
| Total functional expenses | $3,249,159 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $197,863 |
| Savings and temporary cash investments | $1,253 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $236,295 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $123,267 |
| Prepaid expenses and deferred charges | $22,328 |
| Net Land, buildings, and equipment | $1,823,554 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $255,526 |
| Total assets | $2,660,086 |
| Accounts payable and accrued expenses | $213,640 |
| Grants payable | $0 |
| Deferred revenue | $4,560 |
| 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 | $467,789 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $238,098 |
| Total liabilities | $924,087 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $14,100 |
| Paid-in or capital surplus, or land, building, or equipment fund | $131,900 |
| Retained earnings, endowment, accumulated income, or other funds | $1,589,999 |
| Total liabilities and net assets/fund balances | $2,660,086 |