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 12/2021, Oakwood Club Incorporated generated $89.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $84.3k during the year ending 12/2021. While expenses have increased by 6.0% 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bill Keyes President | 2 | $0 | |
Fox Cole Secretary | 3 | $0 | |
Jeff Abboud Vice President | 2 | $0 | |
Karen Gerten Treasurer | 2 | $0 | |
Laura Wakefield Certifying Officer | 1 | $0 | |
Sandra Livingston Assistant Treasurer | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,561 |
Total Program Service Revenue | $8,908 |
Membership dues | $78,338 |
Investment income | $117 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $89,924 |
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 | $2,100 |
Occupancy, rent, utilities, and maintenance | $34,343 |
Printing, publications, postage, and shipping | $645 |
Other expenses | $47,247 |
Total expenses | $84,335 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $196,573 |
Other assets | $0 |
Total assets | $375,475 |
Total liabilities | $4,277 |
Net assets or fund balances | $371,198 |
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