Venture Club Of Louisville Inc
- Assets
- $24.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 07/1996
- Data as of
- 06/2021
- EIN
- 61-1292682
Organization Overview
Venture Club Of Louisville Inc is located in Louisville, KY. The organization was established in 1996. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Venture Club Of Louisville Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, Venture Club Of Louisville Inc generated $49.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $40.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MONTHLY LUNCH MEETINGS TO EXCHANGE INFORMATION AND IDEAS ON BUSINESS OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Langdon Director | 0.25 | $0 | |
Kartik Kamat Director | 0.25 | $0 | |
Nathan Fort Director | 0.25 | $0 | |
Michael Boone Director | 0.25 | $0 | |
Bill Dawson Director | 0.25 | $0 | |
Lisa Bajorinas Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,127 |
| Membership dues | $45,342 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,471 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $680 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $77 |
| Other expenses | $34,399 |
| Total expenses | $40,156 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,867 |
| Other assets | $0 |
| Total assets | $24,264 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,264 |
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|---|---|---|
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Kinloch Golf Association Corp ManakinSabot, VA | $45,313,161 | $8,251,750 |
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Lakewood Country Club Company Westlake, OH | $13,232,237 | $7,948,852 |
Idle Hour Country Club Inc Lexington, KY | $13,827,877 | $6,560,806 |
Chicago Club Chicago, IL | $23,297,083 | $6,965,290 |
Westborough Country Club St Louis, MO | $12,574,803 | $8,255,604 |
River Forest Country Club Elmhurst, IL | $11,952,693 | $7,876,925 |
Conway Farms Golf Club Inc Lake Forest, IL | $28,236,778 | $8,719,837 |