Blooming Prairie Country Club
- Assets
- $996.3k
- Revenue
- $146.3k
- Investments
- $0.0
- Employees
- 15
- Location
- Blooming Prairie, MN
- Founding
- 12/1965
- Data as of
- 12/2022
- EIN
- 41-0871417
Organization Overview
Blooming Prairie Country Club is located in Blooming Prairie, MN. The organization was established in 1965. 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 12/2022, Blooming Prairie Country Club employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blooming Prairie 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 12/2022, Blooming Prairie Country Club generated $146.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $212.8k during the year ending 12/2022. 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
OPERATION OF SOCIAL CLUB FOR MEMBERS, FAMILIES AND GUESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE SOCIAL CLUB FOR MEMBERS AND FAMILIES WITH ACTIVITIES AND TOURNAMENTS PROVIDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Gallea Clubhouse Manager | 20 | $9,194 | |
Thomas Wanous Treasurer | OfficerTrustee | 5 | $0 |
Derek Resler Director | Trustee | 2 | $0 |
Jason Hubly Director | Trustee | 1 | $0 |
John Hubly Director | Trustee | 1 | $0 |
Douglas Johnson President | OfficerTrustee | 5 | $0 |
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 | $121,473 |
| Investment income | $2,180 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $166 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $17,089 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $146,327 |
| 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. | $9,194 |
| Compensation of current officers, directors, key employees. | $4,597 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $29,785 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,156 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,130 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,027 |
| Fees for services: Other | $0 |
| Advertising and promotion | $819 |
| Office expenses | $513 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,931 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,251 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,221 |
| Insurance | $7,436 |
| All other expenses | $7,668 |
| Total functional expenses | $212,779 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,207 |
| Savings and temporary cash investments | $180,212 |
| 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 | $0 |
| Inventories for sale or use | $1,000 |
| Prepaid expenses and deferred charges | $48 |
| Net Land, buildings, and equipment | $176,535 |
| Investments—publicly traded securities | $48,451 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $588,891 |
| Total assets | $996,344 |
| Accounts payable and accrued expenses | $1,630 |
| Grants payable | $0 |
| Deferred revenue | $12,795 |
| 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 | $300,100 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $102,748 |
| Total liabilities | $417,273 |
| Net assets without donor restrictions | $579,071 |
| 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 | $996,344 |