Crow Valley Golf Club is located in Davenport, IA. The organization was established in 1969. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Crow Valley Golf Club employed 222 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crow Valley Golf Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Crow Valley Golf Club generated $6.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $5.8m during the year ending 12/2022. While expenses have increased by 4.1% per year over the past 8 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
CROW VALLEY GOLF CLUB IS A SOCIAL CLUB PROVIDING RECREATIONAL ENTERTAINMENT TO MEMBERS AND GUESTS OF THE CLUB.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GOLF CLUB PROVIDES GOLFING, TENNIS, SWIMMING AND DINING FACILITIES FOR APPROXIMATELY 438 MEMBERS AS WELL AS GUESTS OF THE CLUB.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Rouse President | OfficerTrustee | 1 | $0 |
Nicholas Nauman Treasurer | OfficerTrustee | 1 | $0 |
Ben Seldon Vice President | OfficerTrustee | 1 | $0 |
Param Singh Secretary | Trustee | 1 | $0 |
Jeff Makoben Director | Trustee | 1 | $0 |
George Patramanis Director | Trustee | 1 | $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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $4,486,317 |
Investment income | $4,997 |
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 | $1,481,370 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,009,376 |
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. | $176,120 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,448,548 |
Pension plan accruals and contributions | $39,577 |
Other employee benefits | $144,932 |
Payroll taxes | $282,219 |
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 | $39,985 |
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 | $116,045 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $785,688 |
Insurance | $101,202 |
All other expenses | $796,972 |
Total functional expenses | $5,758,208 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,485,759 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,035,236 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $200,778 |
Prepaid expenses and deferred charges | $83,367 |
Net Land, buildings, and equipment | $5,471,258 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $9,276,398 |
Accounts payable and accrued expenses | $871,522 |
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 | $2,374,486 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,543,500 |
Total liabilities | $4,789,508 |
Net assets without donor restrictions | $4,486,890 |
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 | $0 |
Total liabilities and net assets/fund balances | $9,276,398 |