Oakwood Club Incorporated
- Assets
- $383.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wyoming, MN
- Founding
- 03/1963
- Data as of
- 12/2022
- EIN
- 41-6038908
Organization Overview
Oakwood Club Incorporated is located in Wyoming, MN. The organization was established in 1963. 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. Oakwood Club Incorporated 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, Oakwood Club Incorporated generated $86.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $79.3k during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 4 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 Keyes President | 1 | $0 | |
Jeff Abboud Vice President | 2 | $0 | |
Fox Cole Secretary | 2 | $0 | |
Karen Gerten Treasurer | 2 | $0 | |
Sandra Livingston Assistant Treasurer | 3 | $0 | |
Laura Wakefield Certifying Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,659 |
| Total Program Service Revenue | $7,056 |
| Membership dues | $77,186 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $86,921 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,686 |
| Occupancy, rent, utilities, and maintenance | $31,108 |
| Printing, publications, postage, and shipping | $816 |
| Other expenses | $43,719 |
| Total expenses | $79,329 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $176,379 |
| Other assets | $0 |
| Total assets | $383,057 |
| Total liabilities | $0 |
| Net assets or fund balances | $383,057 |