Pierz Area Commercial Club Inc
- Assets
- $177.5k
- Revenue
- $358.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Pierz, MN
- Founding
- 04/1992
- Data as of
- 12/2022
- EIN
- 41-1467515
Organization Overview
Pierz Area Commercial Club Inc is located in Pierz, MN. The organization was established in 1992. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Pierz Area Commercial Club Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Pierz Area Commercial Club Inc generated $358.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $362.5k during the year ending 12/2022. While expenses have increased by 15.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE CITY'S PUBLIC WELFARE AND COMMERICAL INTERESTS. FOSTER BUSINESS DEVELOPMENT BY ATTRACTING BUSINESSES AND INDUSTRIES THAT WILL WORK WITHIN THE COMMUNITY. ENCOURAGE EACH MEMBER OF THE COMMUNITY TO PARTICIPATE AND SUPPORT TOWN BUSINESSES, COMMITTEES, ORGANIZATIONS, AND THEIR RELATED ACTIVITIES. ESTABLISH AND MAINTAIN AN OPEN PARTNERSHIP BETWEEN BUSINESS, CIVIC, NON-PROFIT, RELIGIOUS, EDUCATIONAL, AND TOWN INTERESTS THROUGH REGULARLY SCHEDULED OPPORTUNITIES FOR OPEN DIALOGUE. PROMOTE ECONOMIC AND CIVIC DEVELOPMENT THROUGH VARIOUS COMMITTEES AND BY MAINTAINING STRONG TIES WTH THE CITY GOVERNMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HOSTS FAMILY FRIENDLY EVENTS TO PROMOTE LOCAL BUSINESSES AND COMMUNITY INVOLVEMENT. EVENTS INCLUDE SUCH THINGS AS ROCK, ROLL AND STROLL EVENT, HALFTIME SHOOT OUT, POLICE WEEK APPRECIATION, OUTSTANDING EMPLOYEE AND A ST NICK NIGHT CELEBRATION.
ANNUAL FREEDOM FEST IS A MUSIC FESTIVAL THAT BRINGS THOUSANDS OF VISITORS TO THE AREA'S BUSINESSES AND WELCOMES THEM TO THE COMMUNITY. THE PROCEEDS FROM THIS EVENT ALLOWS THE ORGANIZATION TO DONATE TO THE LOCAL SCHOOL DISTRICT, AREA NURSING HOMES AND CARE FACILITIES, LOCAL TOY DRIVES, PIERZ AREA PARKS AND PLAYGROUNDS, LOCAL FIRST RESPONSE TEAMS AND THE COUNTY CHAPLAINCY.
PROVIDES SCHOLARSHIPS TO LOCAL HIGH SCHOOL GRADUATES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Przybilla President | Officer | 2 | $0 |
Eric Boser Vice Preside | Officer | 2 | $0 |
Amber Cekalla Secretary | Officer | 2 | $0 |
Kyle Bednar Treasurer | Officer | 2 | $0 |
Jenni Smude Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,099 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $270 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,369 |
| Total Program Service Revenue | $348,427 |
| Investment income | $32 |
| 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 | $358,828 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,992 |
| Grants and other assistance to domestic individuals. | $1,500 |
| 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 | $2,495 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $33,464 |
| Office expenses | $1,369 |
| Information technology | $41 |
| Royalties | $425 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $143 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,785 |
| All other expenses | $0 |
| Total functional expenses | $362,526 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $153,350 |
| Savings and temporary cash investments | $24,155 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $177,505 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $13,693 |
| Total liabilities | $13,693 |
| Net assets without donor restrictions | $0 |
| 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 | $163,812 |
| Total liabilities and net assets/fund balances | $177,505 |