Cedar Falls Gun Club is located in Cedar Falls, IA. The organization was established in 1976. According to its NTEE Classification (N61) the organization is classified as: Fishing & Hunting, under the broad grouping of Recreation & Sports and related organizations. As of 09/2023, Cedar Falls Gun Club employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cedar Falls Gun Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2023, Cedar Falls Gun Club generated $456.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $351.5k during the year ending 09/2023. While expenses have increased by 9.8% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE PROVIDE A FULL COMPLEMENT OF SHOTGUN SHOTTING ACTIVITIES FOR BOTH SERIOUS COMPETITORS AND THOSE WHO JUST WANT TO SHOOT FOR FUN
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHOOTING COMPONENTS AND AMMUNITION
TRAP AND SKEET SHOOTING SERVICES
TRAP SHOOTING LEAGUES OFFERED TO AREA BUSINESSES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tom Thompson Director | Trustee | 5 | $0 |
Steve Gaede Director | Trustee | 5 | $0 |
Steve Dixon Director | Trustee | 5 | $0 |
Morgan Kuper Director | Trustee | 20 | $0 |
Reggie Byrd Director | Trustee | 25 | $0 |
Rick Lefevre Direcotr | Trustee | 25 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $2,679 |
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 | $2,679 |
Total Program Service Revenue | $449,882 |
Investment income | $4,326 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $456,887 |
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. | $34,603 |
Compensation of current officers, directors, key employees. | $34,603 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
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 | $0 |
Advertising and promotion | $819 |
Office expenses | $5,080 |
Information technology | $2,840 |
Royalties | $0 |
Occupancy | $20,686 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $11,503 |
Depreciation, depletion, and amortization | $7,827 |
Insurance | $3,702 |
All other expenses | $264,441 |
Total functional expenses | $351,501 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $150,175 |
Savings and temporary cash investments | $152,284 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $6,367 |
Net Land, buildings, and equipment | $181,951 |
Investments—publicly traded securities | $0 |
Investments—other securities | $43,205 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $533,982 |
Accounts payable and accrued expenses | $1,758 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | -$25,507 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | -$23,749 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $229,809 |
Paid-in or capital surplus, or land, building, or equipment fund | $222,536 |
Retained earnings, endowment, accumulated income, or other funds | $105,386 |
Total liabilities and net assets/fund balances | $533,982 |