Hyperion Field Club

Organization Overview

Hyperion Field Club is located in Johnston, IA. The organization was established in 1945. 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 10/2023, Hyperion Field Club employed 230 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hyperion Field Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 10/2023, Hyperion Field Club generated $8.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $7.1m during the year ending 10/2023. While expenses have increased by 7.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO OWN AND OPERATE A COUNTRY CLUB FOR THE SHARED ENJOYMENT AND RECREATION OF THE MEMBERS AND THEIR GUESTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOOD AND BEVERAGE OPERATIONS


GOLF COURSE MAINTENANCE, GOLF SHOP AND ACTIVITIES. THE GOLF COURSE IS A FULLY FUNCTIONAL 18 HOLE GOLF COURSE WHICH ALSO PROVIDES PRACTICE FACILITIES. THE GOLF SHOP OFFERS FASHION APPAREL, GOLF EQUIPMENT, AND OTHER ACCESSORIES. PROGRAMS AND EVENTS INCLUDE WOMEN'S GOLF, MEN'S GOLF, JUNIOR GOLF, COUPLES GOLF, AND TWILIGHT GOLF.


THE GOLF COURSE PROVIDES TWO DINING ROOMS. THE SPORTS BAR IS A CASUAL PLACE TO HAVE LUNCH OR DINNER. FOR A QUIET AND FAMILY-ORIENTED SETTING, THE SUNSET DINING ROOM IS MORE APPROPRIATE. THE CLUBHOUSE IS ALSO USED FOR CLUBHOUSE EVENTS HOSTED BY HYPERION.


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Board, Officers & Key Employees

Name (title)Compensation
Neal Thuente
Treasurer
$0
Larry Sidwell
President
$0
Kurt Sinnett
Director
$0
Bob Gagne
Director
$0
Lisa Haynes
Secretary
$0
Aaron Rector
Director
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$5,134,483
Investment income $9,710
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,182,237
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $2,189,802
Miscellaneous Revenue$0
Total Revenue $8,549,879

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