Hampton Country Club
- Assets
- $429.1k
- Revenue
- $309.3k
- Investments
- $0.0
- Employees
- 26
- Location
- Hampton, IA
- Founding
- 05/1946
- Data as of
- 12/2023
- EIN
- 42-0292934
Organization Overview
Hampton Country Club is located in Hampton, IA. The organization was established in 1946. 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 12/2023, Hampton Country Club employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hampton 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 12/2023, Hampton Country Club generated $309.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $321.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 9 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ATHLETIC AND SOCIAL FUNCTIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF 9-HOLE GOLF COURSE AND BAR/FOOD SERVICE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Al Poulos Grounds Manager | Officer | 45 | $43,709 |
Paula Ohm Club House Manager | Officer | 45 | $17,877 |
Chad Murray President | Trustee | 3 | $0 |
Scott Sackville Secretary | Trustee | 3 | $0 |
Caleb Sheppard Director | Trustee | 3 | $0 |
Jim Koenen Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $177,942 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,370 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $193,312 |
| Total Program Service Revenue | $29,499 |
| Investment income | $85 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,832 |
| 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 | $66,787 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $309,273 |
| 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. | $61,586 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $69,757 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,834 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,143 |
| Office expenses | $2,625 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,116 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,742 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,824 |
| Insurance | $12,164 |
| All other expenses | $5,743 |
| Total functional expenses | $321,360 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,879 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $67,335 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $14,065 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $344,833 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $429,112 |
| Accounts payable and accrued expenses | $29,622 |
| 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 | $250,068 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $279,690 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $89,894 |
| Paid-in or capital surplus, or land, building, or equipment fund | $160,293 |
| Retained earnings, endowment, accumulated income, or other funds | -$100,765 |
| Total liabilities and net assets/fund balances | $429,112 |