Spring Grove Commercial Club is located in Spring Grove, MN. The organization was established in 1999. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spring Grove Commercial Club 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 12/2021, Spring Grove Commercial Club generated $33.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $28.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
COMMUNITY AND YOUTH DEVELOPMENT - SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Erin Konkel Gambling Manager | 1 | $1,200 | |
Dave Morken Vice President | 1 | $0 | |
Shari Wennes Secretary | 1 | $0 | |
Mark Peterson President | 1 | $0 | |
Jacqui Van Minsel Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,869 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $29,314 |
Other Revenue | $150 |
Total Revenue | $33,333 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $1,200 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $27,227 |
Total expenses | $28,427 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $16,054 |
Other assets | $0 |
Total assets | $16,054 |
Total liabilities | $0 |
Net assets or fund balances | $16,054 |
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