Clear Lake Golf Club Association
- Assets
- $105.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clear Lake, SD
- Founding
- 08/1965
- Data as of
- 12/2019
- EIN
- 46-6017080
Organization Overview
Clear Lake Golf Club Association is located in Clear Lake, SD. The organization was established in 1965. 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. Clear Lake Golf Club Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2019, Clear Lake Golf Club Association generated $123.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $114.1k during the year ending 12/2019. While expenses have increased by 0.3% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Hotzler President | 2 | $0 | |
Lincoln Swenson Vice-President | 1 | $0 | |
Jim Effling Secretary | 1 | $0 | |
Jamie Gross Treasurer | 1 | $0 | |
Larry Molitor Director | 1 | $0 | |
Gage Schake Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,977 |
| Total Program Service Revenue | $33,487 |
| Membership dues | $41,337 |
| Investment income | $63 |
| Gain or Loss | $1,250 |
| Net Income from Gaming & Fundraising | $4,279 |
| Other Revenue | $2,496 |
| Total Revenue | $123,224 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $47,715 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $10,908 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $55,477 |
| Total expenses | $114,100 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,087 |
| Other assets | $0 |
| Total assets | $105,104 |
| Total liabilities | $76,863 |
| Net assets or fund balances | $28,241 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iron Horse Golf Club Inc Whitefish, MT | $30,245,229 | $9,785,179 |
Minnesota Golf Association Inc Edina, MN | $1,691,955 | $3,127,420 |
Ridge Golf Association Inc Sioux Center, IA | $763,275 | $2,061,022 |
Kalispell Golf Association End Of North Main St Kalispell, MT | $2,936,186 | $2,438,212 |
Golf Minot Inc Minot, ND | $8,324,634 | $1,508,642 |
Detroit Country Club Inc Detroit Lakes, MN | $2,607,069 | $1,763,955 |
Old Works Golf Course Inc Anaconda, MT | $1,606,341 | $1,629,598 |
Green Valley Floyd Golf Corp Sioux City, IA | $1,732,109 | $1,490,611 |
Minot Junior Golf Association Inc Minot, ND | $6,199,667 | $1,820,730 |
Golf Course Builders Of America Lincoln, NE | $644,683 | $655,962 |
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 |