Britt Country Club
- Assets
- $13.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Britt, IA
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 42-0936127
Organization Overview
Britt Country Club is located in Britt, IA. The organization was established in 2016. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Britt Country Club employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Britt Country Club is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Britt Country Club generated $94.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $104.2k during the year ending 12/2021. While expenses have increased by 0.0% 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
TO PROVIDE AND OPERATE A GOLF COURSE AND REC AREA FOR THE RESIDENTS OF BRITT, IA AND ITS SURROUNDING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Formanek President | 1 | $0 | |
Sam Patterson Treasurer | 1 | $0 | |
Abby Goodenow Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $300 |
| Total Program Service Revenue | $0 |
| Membership dues | $37,967 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $33,963 |
| Total Revenue | $94,012 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,930 |
| Professional fees and other payments to independent contractors | $32,715 |
| Occupancy, rent, utilities, and maintenance | $38,307 |
| Printing, publications, postage, and shipping | $3,099 |
| Other expenses | $4,170 |
| Total expenses | $104,221 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,819 |
| Other assets | $0 |
| Total assets | $13,036 |
| Total liabilities | $13,425 |
| Net assets or fund balances | -$389 |
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