Minnesota Soaring Club
- Assets
- $69.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stanton, MN
- Founding
- 02/2002
- Data as of
- 12/2021
- EIN
- 41-1883296
Organization Overview
Minnesota Soaring Club is located in Stanton, MN. The organization was established in 2002. 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. Minnesota Soaring Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Minnesota Soaring Club generated $152.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $159.8k during the year ending 12/2021. While expenses have increased by 15.2% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Gacki Treasurer | 4 | $0 | |
Jackson Maddux Secretary | 1 | $0 | |
Daniel Shallbetter Director Of | 2 | $0 | |
Bruce Von Drashek Director Of | 2 | $0 | |
Chris Kimble Vice Preside | 1 | $0 | |
Ron Houle President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,532 |
| Total Program Service Revenue | $30,890 |
| Membership dues | $37,008 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $152,430 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $5,715 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,878 |
| Occupancy, rent, utilities, and maintenance | $141,715 |
| Printing, publications, postage, and shipping | $388 |
| Other expenses | $10,110 |
| Total expenses | $159,806 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,321 |
| Other assets | $0 |
| Total assets | $69,321 |
| Total liabilities | $0 |
| Net assets or fund balances | $69,321 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Interlachen Country Club Edina, MN | $38,666,862 | $19,906,229 |
Wisconsin Club Inc Milwaukee, WI | $13,631,132 | $7,676,658 |
Milwaukee Country Club River Hills, WI | $13,393,861 | $8,032,632 |
North Shore Country Club Mequon, WI | $12,385,301 | $7,356,496 |
Woodhill Country Club Wayzata, MN | $12,252,723 | $5,942,697 |
Green Bay Country Club Inc Green Bay, WI | $11,578,714 | $7,130,925 |
Minneapolis Club Inc Minneapolis, MN | $13,677,806 | $3,594,595 |
Spring Hill Golf Club Wayzata, MN | $14,177,799 | $4,336,296 |
Chenequa Country Club Inc Hartland, WI | $8,162,285 | $3,577,706 |
Tuckaway Country Club Inc Franklin, WI | $8,452,752 | $4,849,926 |
Lake Geneva Country Club Fontana, WI | $6,852,229 | $4,168,458 |
West Bend Country Club West Bend, WI | $5,974,564 | $4,364,708 |