Austin Country Club
- Assets
- $7.0m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 102
- Location
- Austin, MN
- Founding
- 01/1964
- Data as of
- 10/2023
- EIN
- 41-0133930
Organization Overview
Austin Country Club is located in Austin, MN. The organization was established in 1964. 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 10/2023, Austin Country Club employed 102 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Austin 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 10/2023, Austin Country Club generated $3.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $3.0m during the year ending 10/2023. While expenses have increased by 4.9% 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 OPERATE A COUNTRY CLUB IN ORDER TO PROVIDE PLEASURE AND RECREATION TO ITS MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF RECREATION, PLEASURE, AND ENJOYMENT TO THE MEMBERS OF THE CLUB BY MAKING AVAILABLE GOLF, TENNIS, SWIMMING, DINING, AND VARIOUS OTHER SOCIAL/RECREATIONAL EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Krueger President | OfficerTrustee | 0.5 | $0 |
Pj Connor Vice President | OfficerTrustee | 0.5 | $0 |
Nathan Annis Treasurer | OfficerTrustee | 0.5 | $0 |
Heather Vossler Secretary | OfficerTrustee | 0.5 | $0 |
Nan Hanegraaf Director | Trustee | 0.5 | $0 |
Tanner Asa Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Joseph Company Construction General Contractor | 10/30/23 | $693,014 |
Chambers Planning And Construction Services | 10/30/23 | $141,170 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $270,360 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $755,904 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,026,264 |
| Total Program Service Revenue | $1,503,255 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $200 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $499,494 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,030,614 |
| 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. | $338,582 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,053,652 |
| Pension plan accruals and contributions | $14,263 |
| Other employee benefits | $138,190 |
| Payroll taxes | $135,786 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,531 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $121,133 |
| Advertising and promotion | $30,631 |
| Office expenses | $96,913 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $186,816 |
| Travel | $11,405 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,477 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $390,802 |
| Insurance | $47,042 |
| All other expenses | $125,610 |
| Total functional expenses | $2,969,042 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,253 |
| Savings and temporary cash investments | $88,628 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $91,225 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $157,670 |
| Prepaid expenses and deferred charges | $39,318 |
| Net Land, buildings, and equipment | $6,650,212 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,037,306 |
| Accounts payable and accrued expenses | $169,121 |
| Grants payable | $0 |
| Deferred revenue | $437,149 |
| 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 | $98,144 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $17,906 |
| Total liabilities | $722,320 |
| Net assets without donor restrictions | $6,228,037 |
| Net assets with donor restrictions | $86,949 |
| 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 | $7,037,306 |