Appanoose Country Club
- Assets
- $366.2k
- Revenue
- $253.9k
- Investments
- $0.0
- Employees
- 9
- Location
- Centerville, IA
- Founding
- 01/1972
- Data as of
- 12/2021
- EIN
- 42-0173615
Organization Overview
Appanoose Country Club is located in Centerville, IA. The organization was established in 1972. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Appanoose Country Club employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Appanoose Country 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, Appanoose Country Club generated $253.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $248.7k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A SOCIAL GATHERING PLACE FOR RECREATIONAL GOLF ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTAURANT AND BAR USED BY 129 MEMBERS
GOLF COURSE - USED BY 129 MEMBERS
GOLF COURSE USED BY 129 MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carla Underwood Secretary/tr | OfficerTrustee | $0 | |
James Underwood Vice Preside | OfficerTrustee | $0 | |
Justin Zaputil President | OfficerTrustee | $0 | |
Ron Eggerman Director | Trustee | $0 | |
Teresa Eggerman Director | Trustee | $0 | |
Dale Sales Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,050 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,050 |
| Total Program Service Revenue | $173,982 |
| Investment income | $494 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,145 |
| 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 | $66,253 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $253,924 |
| 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 | $61,985 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,955 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,655 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,222 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,337 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,645 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,605 |
| Insurance | $12,441 |
| All other expenses | $37,592 |
| Total functional expenses | $248,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,319 |
| Savings and temporary cash investments | $50,796 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $348 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,851 |
| Net Land, buildings, and equipment | $298,859 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $366,173 |
| Accounts payable and accrued expenses | $1,468 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $3,600 |
| Other liabilities | $38,362 |
| Total liabilities | $43,430 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $43,150 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $279,593 |
| Total liabilities and net assets/fund balances | $366,173 |
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