Ipswich Golf Club
- Assets
- $474.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ipswich, SD
- Founding
- 12/1968
- Data as of
- 12/2022
- EIN
- 46-0306312
Organization Overview
Ipswich Golf Club is located in Ipswich, SD. The organization was established in 1968. 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. Ipswich 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, Ipswich Golf Club generated $172.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $152.3k during the year ending 12/2022. While expenses have increased by 6.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
RECREATIONAL ACTIVITIES FOR ALL MEMBERS OF THE PUBLIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandon Beitelspacher President | 10 | $0 | |
Jesse Brown Treasurer | 10 | $0 | |
Jennifer Kilber Secretary | 10 | $0 | |
Michael Heinz Vice President | 10 | $0 | |
Seth Tuscherer Board Member | 10 | $0 | |
Trent Osborne Board Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,878 |
| Total Program Service Revenue | $0 |
| Membership dues | $58,906 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $81,522 |
| Total Revenue | $172,311 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $46,556 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $105,723 |
| Total expenses | $152,279 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,686 |
| Other assets | $0 |
| Total assets | $474,388 |
| Total liabilities | $97,875 |
| Net assets or fund balances | $376,513 |
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Green Valley Floyd Golf Corp Sioux City, IA | $1,732,109 | $1,490,611 |
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Interlaken Golf Club Inc Fairmont, MN | $2,511,682 | $634,632 |
Orange City Municipal Golf Association Inc Orange City, IA | $1,735,711 | $643,521 |