Bedford Golf Club Inc
- Assets
- $57.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bedford, IA
- Founding
- 10/1977
- Data as of
- 12/2021
- EIN
- 42-1048291
Organization Overview
Bedford Golf Club Inc is located in Bedford, IA. The organization was established in 1977. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bedford Golf Club Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Bedford Golf Club Inc generated $76.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $83.5k during the year ending 12/2021. While expenses have increased by 2.6% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MAINTENANCE OF GOLF CLUB AND FACILITIES FOR USE BY SURROUNDING COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Machelle Musich Treasurer | 3 | $0 | |
Rick Pace Vice President | 1 | $0 | |
Judy O'grady Secretary | 1 | $0 | |
Pam Calfee President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,630 |
| Total Program Service Revenue | $20,916 |
| Membership dues | $27,536 |
| Investment income | $0 |
| Gain or Loss | $800 |
| Net Income from Gaming & Fundraising | $4,264 |
| Other Revenue | $0 |
| Total Revenue | $76,658 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $635 |
| Occupancy, rent, utilities, and maintenance | $9,232 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $73,680 |
| Total expenses | $83,547 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $743 |
| Other assets | $0 |
| Total assets | $57,541 |
| Total liabilities | $3,838 |
| Net assets or fund balances | $53,703 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crystal Tree Golf And Country Club Orland Park, IL | $22,733,693 | $7,174,388 |
Chicago District Golf Association Lemont, IL | $10,835,178 | $5,446,204 |
Minnesota Golf Association Inc Edina, MN | $1,691,955 | $3,127,420 |
Oconomowoc Golf Club Oconomowoc, WI | $3,718,585 | $2,780,073 |
Wisconsin State Golf Association Inc West Allis, WI | $3,484,583 | $2,661,468 |
Ridge Golf Association Inc Sioux Center, IA | $763,275 | $2,061,022 |
Wisconsin Section Of The Prfsnl Golfers Assoc Of Amer Inc West Allis, WI | $2,346,831 | $1,993,640 |
Odyssey Charities Oak Brook, IL | $10,452,799 | $1,300,972 |
Detroit Country Club Inc Detroit Lakes, MN | $2,607,069 | $1,763,955 |
Illinois Junior Golf Association Lemont, IL | $804,884 | $1,020,198 |
Green Valley Floyd Golf Corp Sioux City, IA | $1,732,109 | $1,490,611 |
The First Tee Of Chicago Foundation Chicago, IL | $3,244,614 | $2,819,301 |