Lake Maloney Golf Course Inc

Organization Overview

Lake Maloney Golf Course Inc is located in North Platte, NE. The organization was established in 1996. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Lake Maloney Golf Course Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Maloney Golf Course Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 12/2022, Lake Maloney Golf Course Inc generated $643.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $667.4k during the year ending 12/2022. While expenses have increased by 6.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATIONS MISSION IS TO ALLOW VOTING MEMBERS ACCESS TO A MAINTAINED GOLF COURSE FOR MEMBER PLAY, GUEST PLAY AND SOCIAL EVENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATIONS MISSION IS TO ALLOW VOTING MEMBERS ACCESS TO A MAINTAINED GOLF COURSE FOR MEMBER PLAY, GUEST PLAY AND SOCIAL EVENTS.


THE ORGANIZATIONS MISSION IS TO ALLOW VOTING MEMBERS ACCESS TO A MAINTAINED GOLF COURSE FOR MEMBER PLAY, GUEST PLAY AND SOCIAL EVENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Brad Hisel
President
$0
Brian Lusk
Board Member
$0
Jim Orcutt
Board Member
$0
Eric Peterka
Board Member
$0
Dwight Porter
Board Member
$0
Rich Reinert
Mga
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$151,491
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$60,335
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$211,826
Total Program Service Revenue$267,203
Investment income $41
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 $147,612
Miscellaneous Revenue$0
Total Revenue $643,115

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