Old Baldy Recreation Association
- Assets
- $583.5k
- Revenue
- $156.0k
- Investments
- $0.0
- Employees
- 7
- Location
- Townsend, MT
- Founding
- 03/1993
- Data as of
- 12/2023
- EIN
- 81-0391790
Organization Overview
Old Baldy Recreation Association, operating under the name Old Baldy Golf Course, is located in Townsend, MT. The organization was established in 1993. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Old Baldy Golf Course employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Baldy Golf Course 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 12/2023, Old Baldy Golf Course generated $156.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $128.7k during the year ending 12/2023. While expenses have increased by 9.8% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE RECREATIONAL ACTIVITIES (IN THE FORM OF GOLF) AT A REASONABLE COST TO THE RESIDENTS OF BROADWATER COUNTY, MONTANA, AND SURROUNDING AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION'S ONLY PROGRAM SERVICE IS TO OPERATE AND MAINTAIN THE LOCAL 9-HOLE GOLF COURSE TO PROVIDE GOLF OPPORTUNITIES TO THE GENERAL PUBLIC OF BROADWATER COUNTY, MONTANA, AND SURROUNDING AREAS. THE COURSE IS OPEN "WEATHER PERMITTING" FROM APRIL THRU OCTOBER. MEMBERS OF THE ASSOCIATION PAY ANNUAL FEES FOR USE OF THE COURSE (126 ADULTS AND 33 YOUTH MEMBERS). THE GENERAL PUBLIC PAYS GREENS FEES PER ROUND, WITH APPROXIMATELY 2,250 INDIVIDUALS PLAYING THE COURSE IN 2023. THE ASSOCIATION MAINTAINS A FLEET OF GOLF CARTS FOR USE BY MEMBERS/GENERAL PUBLIC FOR A FEE, AS WELL AS A DRIVING RANGE THAT IS AVAILABLE FOR PRACTICE. THE ASSOCIATION HOSTS TWO TOURNAMENTS A YEAR THAT GENERATE SOME INCOME (MINIMAL - LESS THAT 3%) FOR THE COURSE OPERATIONS.
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 |
|---|---|---|---|
Jesse Swenson President | OfficerTrustee | 1.5 | $0 |
Wade Juntunen Vice-President | OfficerTrustee | 1 | $0 |
Zach Jepson Director | Trustee | 1 | $0 |
Jeff Demars Director | Trustee | 1 | $0 |
John Antonick Director | Trustee | 1 | $0 |
John Fuchs Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $90 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $90 |
| Total Program Service Revenue | $156,885 |
| Investment income | $389 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $156 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $156,020 |
| 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 | $63,382 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,200 |
| 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 | $1,255 |
| Information technology | $825 |
| Royalties | $0 |
| Occupancy | $13,257 |
| Travel | $93 |
| 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 | $325 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,242 |
| All other expenses | $0 |
| Total functional expenses | $128,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,852 |
| Savings and temporary cash investments | $118,245 |
| 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 | $404,440 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $583,537 |
| 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 | $179,097 |
| Paid-in or capital surplus, or land, building, or equipment fund | $404,440 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $583,537 |