Meadows Inc

Organization Overview

Meadows Inc is located in Moville, IA. The organization was established in 1977. 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 09/2022, Meadows Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meadows Inc 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, Meadows Inc generated $373.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $297.2k during the year ending 09/2022. While expenses have increased by 6.2% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE AFFORDABLE RECREATION TO THE CITIZENS OF MOVILLE AND SURROUNDING AREAS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATION OF RECREATIONAL AND ENTERTAINMENT FACILITIES FOR MEMBERS


OPERATION OF RECREATIONAL AND ENTERTAINMENT FACILITIES FOR MEMBERS


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Board, Officers & Key Employees

Name (title)Compensation
Ivy Bremer
President
$0
Timothy Terveer
Treasurer
$0
Casey Crawford
Director
$0
Matthew Jenness
Director
$0
Austin Montange
Director
$0
Jay Phipps
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$130,996
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$130,996
Total Program Service Revenue$91,622
Investment income $89
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $26,332
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $373,571

Peer Organizations

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