Fish Lake Country Club Inc is located in Plankinton, SD. The organization was established in 1976. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Fish Lake Country Club Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fish Lake Country Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Fish Lake Country Club Inc generated $274.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $266.0k during the year ending 12/2023. While expenses have increased by 0.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THIS CORPORATION OPERATES A GOLF COURSE FOR THE USE OF 650 TO 750 PEOPLE ON AN ANNUAL BASIS. THE COURSE IS OPEN TO THE PUBLIC, BUT PRIMARILY FOR MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A GOLF COURSE FOR MEMBERS AND NON-MEMBERS OF THE SURROUNDING AREA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Derek Evans President | OfficerTrustee | 5 | $0 |
Kelli Erpenbach Secretary | Trustee | 3 | $0 |
Travis Olsen Board Member | OfficerTrustee | 1 | $0 |
Geno Dienert Board Member | Officer | 2 | $0 |
Kevin Johnson Board Member | Officer | 2 | $0 |
Jeremy Nedved Board Member | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $47,612 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $14,150 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $61,762 |
Total Program Service Revenue | $205,906 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $7,128 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $274,796 |
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 | $85,248 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $6,521 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $643 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,865 |
Advertising and promotion | $1,010 |
Office expenses | $63 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $3,994 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $36,640 |
Insurance | $13,422 |
All other expenses | $52,493 |
Total functional expenses | $265,997 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $45,251 |
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 | $347,908 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $393,159 |
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 | $112,132 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $112,132 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $281,027 |
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 | $393,159 |