Cottonwood Golf Club
- Assets
- $244.0k
- Revenue
- $172.0k
- Investments
- $0.0
- Employees
- 9
- Location
- Steele, ND
- Founding
- 06/1994
- Data as of
- 03/2023
- EIN
- 45-0431960
Organization Overview
Cottonwood Golf Club is located in Steele, ND. The organization was established in 1994. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 03/2023, Cottonwood Golf Club employed 9 individuals. This organization is the central organization for a national or regional group of organizations. Cottonwood 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 03/2023, Cottonwood Golf Club generated $172.0k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $152.2k during the year ending 03/2023. While expenses have increased by 10.2% per year over the past 3 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
COMMUNITY GOLF COURSE PROVIDES SUMMER ENTERTAINMENT FOR SPARSELY POPULATED AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ENTERTAINMENT FOR SMALL, RURAL COMMUNITY DURING THE SPRING, SUMMER AND FALL SEASONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trey Diegel Director | Trustee | 1 | $0 |
Reva Palmer Director | Trustee | 1 | $0 |
Mike Wachter Director | Trustee | 1 | $0 |
Norm Fries Secretary | Officer | 1 | $0 |
Dorlyn Hoffman Treasurer | Officer | 1 | $0 |
Derek Mosset Vice Preside | Officer | 1 | $0 |
Financial Statements
| 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 | $12,635 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,635 |
| Total Program Service Revenue | $159,391 |
| Investment income | $0 |
| 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 | $172,026 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $46,832 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,811 |
| Fees for services: Management | $5,126 |
| 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 | $1,981 |
| Office expenses | $260 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,382 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $821 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,832 |
| Insurance | $5,238 |
| All other expenses | $400 |
| Total functional expenses | $152,205 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,915 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $183,903 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $43,175 |
| Other assets | $0 |
| Total assets | $243,993 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,550 |
| Total liabilities | $8,550 |
| Net assets without donor restrictions | $235,443 |
| 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 | $243,993 |