West Liberty Golf And Country Club is located in West Liberty, 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 10/2022, West Liberty Golf And Country Club employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Liberty Golf And 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 10/2022, West Liberty Golf And Country Club generated $395.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $353.0k during the year ending 10/2022. While expenses have increased by 0.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING GOLFING AND SOCIALIZING ACTIVITIES FOR ITS MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLFING ACTIVITIES WERE PROVIDED TO 238 MEMBERS AND SOCIALIZING ACTIVITIES WERE PROVIDED TO 238 MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gerianne Howell Secretary/treasurer | Officer | 5 | $0 |
Nate Daufeldt President | Officer | 5 | $0 |
Ryan Mckillip Vice President | Officer | 5 | $0 |
Brittney Smejkel Director | Trustee | 2 | $0 |
Andy Thurness Director | Trustee | 2 | $0 |
Matt Mcmichael Director | Trustee | 2 | $0 |
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 | $17,511 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $17,511 |
Total Program Service Revenue | $224,139 |
Investment income | $2,608 |
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 | $151,031 |
Miscellaneous Revenue | $0 |
Total Revenue | $395,289 |
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 | $136,662 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $13,294 |
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 | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $23,856 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $352,995 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $44,846 |
Savings and temporary cash investments | $293,304 |
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 | $19,354 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $135,104 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,869 |
Total assets | $495,477 |
Accounts payable and accrued expenses | $0 |
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 | $1,864 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $4,509 |
Total liabilities | $6,373 |
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 | $489,104 |
Total liabilities and net assets/fund balances | $495,477 |
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Twin Orchard Country Club Long Grove, IL | $7,888,847 | $8,779,508 |
Briarwood Country Club Deerfield, IL | $16,862,462 | $7,936,936 |
Wisconsin Club Inc Milwaukee, WI | $13,631,132 | $7,676,658 |
Milwaukee Country Club River Hills, WI | $13,393,861 | $8,032,632 |
Chicago Club Chicago, IL | $23,297,083 | $6,965,290 |
Westborough Country Club St Louis, MO | $12,574,803 | $8,255,604 |
North Shore Country Club Mequon, WI | $12,385,301 | $7,356,496 |
Woodhill Country Club Wayzata, MN | $12,252,723 | $5,942,697 |
River Forest Country Club Elmhurst, IL | $11,952,693 | $7,876,925 |