Winfield Area Recreation Center is located in Winfield, IA. The organization was established in 1968. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 09/2022, Winfield Area Recreation Center employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Winfield Area Recreation Center is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2022, Winfield Area Recreation Center generated $135.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $83.9k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (13.8%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
RURAL GOLF AND COUNTRY CLUB TO PROVIDE RECREATIONAL MEMBERSHIPS TO AREA COMMUNITY MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mitch Wachs Director | 2 | $0 | |
Sharon Johnson Secretary | 2 | $0 | |
Colleen Carlson Treasurer | 10 | $0 | |
Randy Redlinger Director | 2 | $0 | |
Jay Nelson President | 2 | $0 | |
Jeff Loyd Vice Preside | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $16,633 |
Total Program Service Revenue | $51,776 |
Membership dues | $0 |
Investment income | $4 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $135,791 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $39 |
Professional fees and other payments to independent contractors | $3,400 |
Occupancy, rent, utilities, and maintenance | $25,704 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $54,794 |
Total expenses | $83,937 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $43,058 |
Other assets | $0 |
Total assets | $102,528 |
Total liabilities | $46,003 |
Net assets or fund balances | $56,525 |
Organization Name | Assets | Revenue |
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Little Earth Residents Association Inc Minneapolis, MN | $940,868 | $1,610,380 |
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