Oak Lake Golf Course Inc
- Assets
- $128.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Erskine, MN
- Founding
- 06/1999
- Data as of
- 09/2021
- EIN
- 41-1934144
Organization Overview
Oak Lake Golf Course Inc is located in Erskine, MN. The organization was established in 1999. According to its NTEE Classification (N6A) the organization is classified as: Golf, 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. Oak Lake Golf Course 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 09/2021, Oak Lake Golf Course Inc generated $141.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $120.1k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
OPERATING AND MAINTAINING A PUBLIC GOLF COURSE TO PROVIDE RECREATIONAL OPPORTUNITIES TO RESIDENTS OF ERSKINE, MN AND THE SURROUNDING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Nornes Secretary | 0.25 | $0 | |
Lisa Frey Thru 421 Adminstrator | 0.5 | $0 | |
Jon Clementson President | 0.25 | $0 | |
Phillip Lee Vice President | 0.25 | $0 | |
Joe Shimpa Board Member | 0.25 | $0 | |
Domnika Hanson Thru 321 Business Manager | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,725 |
| Total Program Service Revenue | $104,453 |
| Membership dues | $24,480 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $141,658 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $64,788 |
| Professional fees and other payments to independent contractors | $1,892 |
| Occupancy, rent, utilities, and maintenance | $12,140 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,267 |
| Total expenses | $120,087 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,195 |
| Other assets | $0 |
| Total assets | $128,486 |
| Total liabilities | $2,290 |
| Net assets or fund balances | $126,196 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Golf Association Inc Edina, MN | $1,691,955 | $3,127,420 |
Oconomowoc Golf Club Oconomowoc, WI | $3,718,585 | $2,780,073 |
Wisconsin State Golf Association Inc West Allis, WI | $3,484,583 | $2,661,468 |
Ridge Golf Association Inc Sioux Center, IA | $763,275 | $2,061,022 |
Wisconsin Section Of The Prfsnl Golfers Assoc Of Amer Inc West Allis, WI | $2,346,831 | $1,993,640 |
Golf Minot Inc Minot, ND | $8,324,634 | $1,508,642 |
Detroit Country Club Inc Detroit Lakes, MN | $2,607,069 | $1,763,955 |
Green Valley Floyd Golf Corp Sioux City, IA | $1,732,109 | $1,490,611 |
Minot Junior Golf Association Inc Minot, ND | $6,199,667 | $1,820,730 |
Wpga Junior Foundation Inc West Allis, WI | $600,250 | $790,186 |
Interlaken Golf Club Inc Fairmont, MN | $2,511,682 | $634,632 |
Iola Community Golf Club Inc Iola, WI | $1,212,942 | $729,459 |