Coon Rapids Golf Association
- Assets
- $349.5k
- Revenue
- $328.3k
- Investments
- $0.0
- Employees
- 10
- Location
- Coon Rapids, IA
- Founding
- 11/1956
- Data as of
- 12/2021
- EIN
- 42-0788910
Organization Overview
Coon Rapids Golf Association is located in Coon Rapids, IA. The organization was established in 1956. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Coon Rapids Golf Association employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coon Rapids Golf Association 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, Coon Rapids Golf Association generated $328.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $232.7k during the year ending 12/2021. While expenses have increased by 6.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SOCIAL AND RECREATIONAL CLUB
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION PROVIDES GOLF COURSE AND RELATED CLUBHOUSE FACILITY ACTIVITIES WHICH INCLUDE SELLING GOLF RELATED SERVICES, GOLF MERCHANDISE, FOOD AND BEVERAGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Lee Treasurer | OfficerTrustee | 1 | $0 |
Ed Golay President | OfficerTrustee | 1 | $0 |
Carol Tigges Vice Preside | OfficerTrustee | 1 | $0 |
Mary Kennedy Secretary | OfficerTrustee | 1 | $0 |
Andy Klein Member | Trustee | 1 | $0 |
Michael Schwenk Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $68,122 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $85,156 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $153,278 |
| Total Program Service Revenue | $160,217 |
| Investment income | $32 |
| 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 | $14,731 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $328,258 |
| 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 | $74,288 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,003 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,205 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,762 |
| Office expenses | $1,844 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,805 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,191 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,236 |
| Insurance | $7,198 |
| All other expenses | $10,793 |
| Total functional expenses | $232,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,572 |
| Savings and temporary cash investments | $104,377 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $213,592 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $349,541 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $2,154 |
| 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 | $137,506 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $919 |
| Total liabilities | $140,579 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $208,962 |
| Total liabilities and net assets/fund balances | $349,541 |
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|---|---|---|
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Odyssey Charities Oak Brook, IL | $10,452,799 | $1,300,972 |
Detroit Country Club Inc Detroit Lakes, MN | $2,607,069 | $1,763,955 |
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Green Valley Floyd Golf Corp Sioux City, IA | $1,732,109 | $1,490,611 |