Baltimore Municipal Golf Corporation
- Assets
- $5.9m
- Revenue
- $8.3m
- Investments
- $0.0
- Employees
- 340
- Location
- Baltimore, MD
- Founding
- 07/1985
- Data as of
- 12/2021
- EIN
- 52-1371304
Organization Overview
Baltimore Municipal Golf Corporation is located in Baltimore, MD. The organization was established in 1985. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Baltimore Municipal Golf Corporation employed 340 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baltimore Municipal Golf Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Baltimore Municipal Golf Corporation generated $8.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $7.3m during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF GOLF COURSES AND DRIVING RANGES BY THE CITY OF BALTIMORE. IMPROVING AND DEVELOPING THOSE GOLF COURSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRINCIPAL ACTIVITIES INCLUDE GOLF COURSES AND RANGE OPERATION, IMPROVEMENTS AND DEVELOPMENT OF GOLF COURSES ON LAND OWNED BY THE CITY OF BALTIMORE. PROGRAM EXPEDITURES ARE RELATED TO THE ORGANIZATION'S CHARITABLE PURPOSE OF LESSENING THE BURDENS OF GOVERNMENT OF THE CITY OF BALTIMORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Pierce Executive Dir. | Officer | 40 | $106,063 |
Mr Larry E Jennings Jr Chairman | OfficerTrustee | 1 | $0 |
Mr Charles M Thomas Vice President | OfficerTrustee | 1 | $0 |
Mr D Danard Smith Secretary | OfficerTrustee | 1 | $0 |
Mr Mark D Case Director | Trustee | 1 | $0 |
Mr Garland O Williamson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $550,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,186 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $597,286 |
| Total Program Service Revenue | $7,173,860 |
| Investment income | $323 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $26,234 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $10,950 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $463,451 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,297,007 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,300 |
| 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. | $106,063 |
| Compensation of current officers, directors, key employees. | $11,680 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,410,881 |
| Pension plan accruals and contributions | $46,406 |
| Other employee benefits | $368,994 |
| Payroll taxes | $456,888 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,396 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $156,973 |
| Advertising and promotion | $124,767 |
| Office expenses | $205,844 |
| Information technology | $1,929 |
| Royalties | $0 |
| Occupancy | $273,988 |
| Travel | $2,445 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $40,900 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $400,110 |
| Insurance | $123,964 |
| All other expenses | $105,726 |
| Total functional expenses | $7,300,714 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,722 |
| Savings and temporary cash investments | $1,679,181 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,294 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $120,938 |
| Prepaid expenses and deferred charges | $57,622 |
| Net Land, buildings, and equipment | $3,978,215 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,865,972 |
| Accounts payable and accrued expenses | $884,376 |
| Grants payable | $0 |
| Deferred revenue | $305,967 |
| 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 | $664,702 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $531,564 |
| Total liabilities | $2,386,609 |
| Net assets without donor restrictions | $3,479,363 |
| 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 | $5,865,972 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Baltimore Municipal Golf Corporation has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baltimore Municipal Golf Corporation Baltimore, MD | $5,865,972 | $8,297,007 |
Pittsburgh Golf Club Pittsburgh, PA | $8,344,017 | $4,467,667 |
Cobbs Creek Restoration And Community Foundation West Conshohocken, PA | $9,472,650 | $6,266,372 |
Virginia State Golf Association Inc Midlothian, VA | $3,471,487 | $3,409,263 |
Philadelphia Section P G A Inc Lower Gwynedd, PA | $1,922,995 | $2,496,327 |
Middle Atlantic Section Stafford, VA | $5,763,398 | $2,084,524 |
Hannastown Golf Club Inc Greensburg, PA | $4,011,924 | $1,545,734 |
Washington County Public Golf Corporation Hagerstown, MD | $1,306,184 | $1,383,060 |
The First Tee Of Greater Washington Washington, DC | $1,320,460 | $1,360,948 |
Western Pennsylvania Golf Association Pittsburgh, PA | $2,084,675 | $1,121,083 |
The First Tee Of Greater Philadelphia Inc Philadelphia, PA | $5,728,169 | $3,503,854 |
Salute To Military Golf Association Inc Silver Spring, MD | $610,491 | $694,265 |