Underwire Holdings Inc
- Assets
- $139.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wisconsin Rapids, WI
- Founding
- 10/1998
- Data as of
- 12/2021
- EIN
- 39-1866588
Organization Overview
Underwire Holdings Inc is located in Wisconsin Rapids, WI. The organization was established in 1998. According to its NTEE Classification (N61) the organization is classified as: Fishing & Hunting, 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. Underwire Holdings Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Underwire Holdings Inc generated $70.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $69.2k during the year ending 12/2021. While expenses have increased by 2.4% 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 Program Activity:
Part 3
WEEKLY MEETINGS BETWEEN MAY AND SEPTEMBER TO SHOOT TRAP AND ENGAGE IN SOCIAL ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tl Olson President | 0.5 | $0 | |
David Kumm Vice Pres/tr | 0.5 | $0 | |
Gregory Netteshiem Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $70,091 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,091 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $6,193 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $62,962 |
| Total expenses | $69,155 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,979 |
| Other assets | $0 |
| Total assets | $139,506 |
| Total liabilities | $2,222 |
| Net assets or fund balances | $137,284 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Archery Manufacturers Organization New Ulm, MN | $3,879,932 | $3,915,620 |
Illinois State Rifle Association Chatsworth, IL | $3,072,762 | $2,224,229 |
Minnesota Deer Hunters Association Grand Rapids, MN | $2,684,292 | $2,238,829 |
Waukesha Gun Club Inc Waukesha, WI | $2,544,034 | $1,548,590 |
Marsh Lake Hunting Preserve Inc Chaska, MN | $2,055,546 | $845,792 |
South Saint Paul Rod And Gun Club South Saint Paul, MN | $638,921 | $719,232 |
Salmon Unlimited Wisconsin Inc Racine, WI | $345,505 | $833,800 |
Michigan Trapshooting Association Mason, MI | $815,819 | $802,597 |
Black River Ranch Onaway, MI | $313,666 | $653,113 |
St Charles Sportsmens Club Saint Charles, IL | $1,711,099 | $640,735 |
Mt Vernon Gun & Sportsmans Club Mt Vernon, IL | $677,380 | $464,228 |
Iowa State Trapshooting Assn Harlan, IA | $651,983 | $591,624 |