Milwaukee Ultimate Club Inc is located in Wauwatosa, WI. The organization was established in 2010. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., 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. Milwaukee Ultimate Club Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Milwaukee Ultimate Club Inc generated $137.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $98.1k during the year ending 12/2022. While expenses have increased by 1.0% per year over the past 6 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
PROMOTE THE SPORT OF ULTIMATE FRISBEE BY ORGANIZING LEAGUES AND TOURNAMENTS AND EDUCATIONAL CLINICS
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOST ULTIMATE TOURNAMENTS FOR LOCAL TEAM COMPETITION AS WELL AS USA ULTIMATE SANCTIONED TOURNAMENT EVENTS
LEAGUES - OPERATE FOUR SEASONS OF LEAGUE PLAY, OFFERING VARIOUS LEVELS OF COMPETITION FROM BEGINNER TO ADVANCED.
CHARITABLE EVENTS - HOSTED OUR ANNUAL TOYS FOR TOTS CHARITY EVENT TO BENEFIT THE SALVATION ARMY TOYS FOR TOTS PROGRAM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ben Iberle Director | Trustee | 0 | $0 |
Oliver Rytman Vice President | Trustee | 0 | $0 |
Madeline Ritgers Director | Trustee | 0 | $0 |
Robert Popp Treasurer | Officer | 0 | $0 |
Scott Severson Vice President | Officer | 0 | $0 |
Mark David Secretary | Officer | 0 | $0 |
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 | $3,070 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,070 |
Total Program Service Revenue | $134,533 |
Investment income | $3 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $137,606 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,815 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
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 | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $16,431 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $201 |
Insurance | $3,311 |
All other expenses | $26,411 |
Total functional expenses | $98,057 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $114,121 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $793 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $2,048 |
Net Land, buildings, and equipment | $660,686 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $1,350 |
Other assets | $0 |
Total assets | $778,998 |
Accounts payable and accrued expenses | $38 |
Grants payable | $0 |
Deferred revenue | $1,715 |
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 | $423,454 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,347 |
Total liabilities | $427,554 |
Net assets without donor restrictions | $351,444 |
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 | $778,998 |