Burlington Golf Club
- Assets
- $2.8m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 91
- Location
- Burlington, IA
- Founding
- 11/1934
- Data as of
- 08/2024
- EIN
- 42-0161770
Organization Overview
Burlington Golf Club is located in Burlington, IA. The organization was established in 1934. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 08/2024, Burlington Golf Club employed 91 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Burlington Golf Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2024, Burlington Golf Club generated $2.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $2.0m during the year ending 08/2024. While expenses have increased by 2.4% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
OPERATES A RECREATIONAL AND SOCIAL CLUB FOR THE CONVENIENCE OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BURLINGTON GOLF CLUB PROVIDES RECREATIONAL FACILITIES FOR ITS MEMBERS - GOLF COURSE, SWIMMING POOL, TENNIS COURTS AND VARIOUS SOCIAL EVENTS INCLUDING DINING AND BEVERAGE SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Ann Brown Secretary | OfficerTrustee | $0 | |
Paulette Cavanah Director | Trustee | $0 | |
Ric Cortes Director | Trustee | $0 | |
Mike Dick Treasurer | OfficerTrustee | $0 | |
Tyler Dick Director | Trustee | $0 | |
Kc Fleming President | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $59,797 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,797 |
| Total Program Service Revenue | $1,620,667 |
| Investment income | $41 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $356,676 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,040,968 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $880,149 |
| Pension plan accruals and contributions | $8,130 |
| Other employee benefits | $25,806 |
| Payroll taxes | $137,891 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,845 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $52,867 |
| Advertising and promotion | $350 |
| Office expenses | $48,566 |
| Information technology | $16,384 |
| Royalties | $0 |
| Occupancy | $210,706 |
| Travel | $2,586 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,051 |
| Interest | $49,220 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $181,163 |
| Insurance | $48,089 |
| All other expenses | $3,516 |
| Total functional expenses | $2,039,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,275 |
| Savings and temporary cash investments | $2,570 |
| Pledges and grants receivable | $222,160 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $87,597 |
| Prepaid expenses and deferred charges | $3,084 |
| Net Land, buildings, and equipment | $2,425,487 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,629 |
| Total assets | $2,818,802 |
| Accounts payable and accrued expenses | $244,753 |
| Grants payable | $0 |
| Deferred revenue | $125,196 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,079,124 |
| Other liabilities | $623,086 |
| Total liabilities | $2,072,159 |
| Net assets without donor restrictions | $744,606 |
| Net assets with donor restrictions | $2,037 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,818,802 |