Red Cloud Country Club

Organization Overview

Red Cloud Country Club is located in Red Cloud, NE. The organization was established in 1977. 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 12/2022, Red Cloud Country Club employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Red Cloud Country 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, Red Cloud Country Club generated $239.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $262.1k during the year ending 12/2022. While expenses have increased by 2.1% 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

OPERATE AND MAINTAIN CITY OWNED GOLF COURSE. THE CLUB OPERATES A GOLF COURSE ON LAND OWNED BY THE CITY OF RED CLOUD, NE WHICH IS LEASED TO THE CLUB. SEVERAL TOURNAMENTS AND ACTIVITIES ARE HELD ANNUALLY TO PROMOTE GOLF AS A SPORT, EXERCISE AND FAMILY ACTIVITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CLUBS OPERATION OF RECREATIONAL FACILITIES FOR ITS MEMBERS.


CLUBS OPERATION OF CLUB HOUSE AND CART FACILITIES FOR ITS MEMBERS.


CLUBS OPERATION OF TOURNAMENTS FOR ITS MEMBERS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$75,074
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$10,408
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$85,482
Total Program Service Revenue$79,767
Investment income $12
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $9,000
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $62,094
Miscellaneous Revenue$0
Total Revenue $239,006

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