Milwaukee Country Club
- Assets
- $18.5m
- Revenue
- $7.3m
- Investments
- $0.0
- Employees
- 337
- Location
- Milwaukee, WI
- Founding
- 07/1942
- Data as of
- 09/2023
- EIN
- 39-0476050
Organization Overview
Milwaukee Country Club is located in Milwaukee, WI. The organization was established in 1942. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 09/2023, Milwaukee Country Club employed 337 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milwaukee 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 09/2023, Milwaukee Country Club generated $7.3m 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 (3.5%) each year. All expenses for the organization totaled $7.2m during the year ending 09/2023. 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
MILWAUKEE COUNTRY CLUB IS A SOCIAL CLUB ORGANIZED FOR THE RECREATIONAL AND SOCIAL ENTERTAINMENT OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MILWAUKEE COUNTRY CLUB IS A SOCIAL CLUB ORGANIZED FOR THE RECREATIONAL & SOCIAL ENTERTAINMENT OF ITS MEMBERS. THE PRIMARY ACTIVITIES INCLUDE GOLF, SWIMMING, TENNIS & DINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas J Hauske Jr President | OfficerTrustee | 3 | $0 |
Stephen E Robbins Vice President | OfficerTrustee | 1 | $0 |
Reik W Read Treasurer | OfficerTrustee | 1 | $0 |
Daniel M Hess Secretary | OfficerTrustee | 1 | $0 |
Julie Kasten Art Director | Trustee | 1 | $0 |
Mark S Birmingham Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
George D Simonds Iii Golf Professional | 9/29/17 | $230,608 |
Betty Saites Deferred Compensation | 9/29/17 | $211,163 |
Heidi Brunner Redecorating Guest Rooms | 9/29/17 | $100,988 |
Katie Mcgregor Redecorating Guest Room | 9/29/17 | $133,351 |
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 | $7,282,435 |
| Investment income | $44,317 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $113,046 |
| 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 | -$134,288 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,310,744 |
| 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. | $722,052 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,406,112 |
| Pension plan accruals and contributions | $110,212 |
| Other employee benefits | $266,837 |
| Payroll taxes | $266,271 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,821 |
| Fees for services: Accounting | $28,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $221,122 |
| Advertising and promotion | $0 |
| Office expenses | $416,571 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $754,154 |
| Travel | $49,103 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,136,554 |
| Insurance | $135,072 |
| All other expenses | $111,241 |
| Total functional expenses | $7,224,436 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,916,457 |
| Savings and temporary cash investments | $2,700,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,983,451 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $275,833 |
| Prepaid expenses and deferred charges | $13,937 |
| Net Land, buildings, and equipment | $10,061,662 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $591,655 |
| Total assets | $18,542,995 |
| Accounts payable and accrued expenses | $1,528,725 |
| Grants payable | $0 |
| Deferred revenue | $4,035,781 |
| 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 | $0 |
| Other liabilities | $24,366 |
| Total liabilities | $5,588,872 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $320,000 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $12,634,123 |
| Total liabilities and net assets/fund balances | $18,542,995 |