Merrick County Entertainment Corp
- Assets
- $1.2m
- Revenue
- $66.0k
- Investments
- $0.0
- Employees
- 6
- Location
- Central City, NE
- Founding
- Data as of
- 12/2020
- EIN
- 47-5222187
Organization Overview
Merrick County Entertainment Corp is located in Central City, NE. As of 12/2020, Merrick County Entertainment Corp employed 6 individuals. Merrick County Entertainment Corp is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2020, Merrick County Entertainment Corp generated $66.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (23.7%) each year. All expenses for the organization totaled $174.9k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO CONSTRUCT AND OPERATE A NON-PROFIT ENTERTAINMENT FACILITY FOR THE CENTRAL CITY COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO CONSTRUCT AND OPERATE A NON-PROFIT ENTERTAINMENT FACILITY FOR THE CENTRAL CITY AREA.
TO CONSTRUCT AND OPERATE A NON-PROFIT ENTERTAINMENT FACILITY FOR THE CENTRAL CITY COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norm Balliet President | Officer | 1 | $0 |
Tammy Erickson Treasurer | Officer | 1 | $0 |
Brian Buhlke Board Member | Trustee | 1 | $0 |
Chuck Griffith Board Member | Trustee | 1 | $0 |
Brian Krosch Board Member | Trustee | 1 | $0 |
Cody Lawson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,273 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,768 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,041 |
| Total Program Service Revenue | $0 |
| Investment income | $168 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $65,997 |
| 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 | $12,319 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $942 |
| Fees for services: Management | $8 |
| Fees for services: Legal | $825 |
| Fees for services: Accounting | $3,830 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,120 |
| Advertising and promotion | $2,935 |
| Office expenses | $1,304 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,596 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $44,929 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,120 |
| Insurance | $4,989 |
| All other expenses | $3,025 |
| Total functional expenses | $174,942 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2 |
| Savings and temporary cash investments | $0 |
| 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 | $1,193,815 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,193,817 |
| 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 | $1,088,617 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,088,617 |
| Net assets without donor restrictions | $105,200 |
| Net assets with donor restrictions | $0 |
| 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 | $1,193,817 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Merrick County Entertainment Corp has recieved totaling $18,000.
| Awarding Organization | Amount |
|---|---|
Merrick Foundation Inc Central City, NE PURPOSE: OPERATING | $18,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Divine Savior Healthcare Inc Portage, WI | $146,404,206 | $99,548,163 |
Jackson Park Hospital Foundation Chicago, IL | $132,629,667 | $107,987,360 |
Avera St Marys Pierre, SD | $117,040,382 | $106,933,224 |
St Margarets Health Spring Valley Spring Valley, IL | $107,727,640 | $91,881,221 |
Plan De Salud Del Valle Inc Fort Lupton, CO | $84,737,500 | $104,985,059 |
Community Development Institute Head Start Denver, CO | $4,503,361 | $99,466,958 |
Providence Health Alliance Inc St Louis, MO | $27,745,143 | $62,779,739 |
Colorado Coalition For The Homeless Denver, CO | $156,626,043 | $115,127,641 |
Translational Genomics Research Institute Phoenix, AZ | $224,233,974 | $175,687,790 |
Alexian Brothers Ambulatory Group St Louis, MO | $321,335,814 | $68,677,417 |
Cckc4 Inc Wichita, KS | $1,278,082,464 | $69,570,660 |
Kansas Association Of Child Care Resource And Referral Agencies Salina, KS | $5,216,379 | $98,524,579 |