Wellsburg Meadowbrook Golf Course Inc
- Assets
- $267.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wellsburg, IA
- Founding
- 06/1967
- Data as of
- 12/2021
- EIN
- 42-0871708
Organization Overview
Wellsburg Meadowbrook Golf Course Inc is located in Wellsburg, IA. The organization was established in 1967. According to its NTEE Classification (N6A) the organization is classified as: Golf, 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. Wellsburg Meadowbrook Golf Course Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Wellsburg Meadowbrook Golf Course Inc generated $135.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $111.1k during the year ending 12/2021. While expenses have increased by 5.3% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
GOLFING & RECREATION FOR THE CITY OF WELLSBURG, IOWA, ANDSURROUNDING AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Williams Vice Pres | 0.5 | $0 | |
Myles Meyer President | 1 | $0 | |
Brad Heinrich Secretary | 2 | $0 | |
Julie Meyer Treasurer | 4 | $0 | |
Eric Olson Director | 0.25 | $0 | |
Nathan Vogel Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $450 |
| Total Program Service Revenue | $0 |
| Membership dues | $44,720 |
| Investment income | $139 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $37,294 |
| Total Revenue | $135,938 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,174 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $97,892 |
| Total expenses | $111,066 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,219 |
| Other assets | $0 |
| Total assets | $267,249 |
| Total liabilities | $0 |
| Net assets or fund balances | $267,249 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Golf Association Glenview, IL | $11,404,797 | $19,646,849 |
Crystal Tree Golf And Country Club Orland Park, IL | $22,733,693 | $7,174,388 |
Chicago District Golf Association Lemont, IL | $10,835,178 | $5,446,204 |
Minnesota Golf Association Inc Edina, MN | $1,691,955 | $3,127,420 |
Oconomowoc Golf Club Oconomowoc, WI | $3,718,585 | $2,780,073 |
Wisconsin State Golf Association Inc West Allis, WI | $3,484,583 | $2,661,468 |
Ridge Golf Association Inc Sioux Center, IA | $763,275 | $2,061,022 |
Wisconsin Section Of The Prfsnl Golfers Assoc Of Amer Inc West Allis, WI | $2,346,831 | $1,993,640 |
Odyssey Charities Oak Brook, IL | $10,452,799 | $1,300,972 |
Detroit Country Club Inc Detroit Lakes, MN | $2,607,069 | $1,763,955 |
Illinois Junior Golf Association Lemont, IL | $804,884 | $1,020,198 |
Green Valley Floyd Golf Corp Sioux City, IA | $1,732,109 | $1,490,611 |