Wolf Creek Employees Association is located in Burlington, KS. The organization was established in 1988. According to its NTEE Classification (D03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wolf Creek Employees Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 02/2023, Wolf Creek Employees Association generated $42.6k 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 (5.0%) each year. All expenses for the organization totaled $39.6k during the year ending 02/2023. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 4 years. 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
TO PROMOTE, FOSTER, AND PERPETUATE FRIENDSHIP, GOODWILL, RECREATION AND ENTERTAINMENT AMONG MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMPANY PARTIES - AFTER WORK GET TOGETHER, CHILDREN'S CHRISTMAS PARTY, SUMMER PARTY (WORLDS OF FUN, ROYALS BASEBALL, T-BONES BASEBALL, OCEANS OF FUN), MEMBER FALL PARTY, MEMBER WINTER PARTY, MEMBER GOLF TOURNAMENT, MEMBER SKEET SHOOTING TOURNAMENT.
GIVE AWAYS - TICKETS TO KC CHIEFS FOOTBALL, TICKETS TO DINNER THEATER, TICKETS TO NASCAR RACE, AND TICKETS TO BIG 12 BASKETBALL.
COLLEGE SCHOLARSHIPS FOR CHILDREN AND GRANDCHILDREN OF MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jake Ernest President | Officer | 0 | $0 |
Robert Kelley Vice President | Officer | 0 | $0 |
Carolee Schmidt Secretary | Officer | 0 | $0 |
Kelly Coopman Treasurer | Officer | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $14,056 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $14,056 |
Total Program Service Revenue | $265 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $46 |
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 | $22,418 |
Miscellaneous Revenue | $0 |
Total Revenue | $42,626 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $3,704 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $39,625 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $200 |
Savings and temporary cash investments | $53,370 |
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 | $19,527 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $48,334 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $121,431 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
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 | $121,431 |
Total liabilities and net assets/fund balances | $121,431 |