Laurens Golf & Country Club
- Assets
- $168.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Laurens, IA
- Founding
- 02/1971
- Data as of
- 09/2023
- EIN
- 42-0862807
Organization Overview
Laurens Golf & Country Club is located in Laurens, IA. The organization was established in 1971. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laurens Golf & 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 09/2023, Laurens Golf & Country Club generated $104.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $107.3k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SOCIAL CLUB - COMMUNITY RECREATIONAL ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Molly Mills Director | 0 | $0 | |
Laura Hanson Vice Preside | 0 | $0 | |
Kate Ellis Treasurer | 0 | $0 | |
Joe Sandvig President | 0 | $0 | |
Rick Woodley Director | 0 | $0 | |
Bryana Gustafson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,312 |
| Total Program Service Revenue | $10,633 |
| Membership dues | $44,919 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $324 |
| Total Revenue | $104,876 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,154 |
| Professional fees and other payments to independent contractors | $2,535 |
| Occupancy, rent, utilities, and maintenance | $38,663 |
| Printing, publications, postage, and shipping | $274 |
| Other expenses | $23,662 |
| Total expenses | $107,288 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,214 |
| Other assets | $0 |
| Total assets | $168,934 |
| Total liabilities | $12,160 |
| Net assets or fund balances | $156,774 |