The Briarwood is located in Billings, MT. The organization was established in 1984. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Briarwood employed 96 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Briarwood is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Briarwood generated $2.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $2.4m during the year ending 12/2022. While expenses have increased by 6.0% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY STRENGTH OF BRIARWOOD IS ITS' GOLF COURSE. BRIARWOOD IS TO BE MONTANA'S PREMIER PRIVATE COUNTRY CLUB VALUING A UNIQUE AND CHALLENGING GOLF EXPERIENCE ON A COURSE THAT IS PROFESSIONALLY GROOMED AND MAINTAINED. PROFESSIONAL COURTESY, SERVICE, AND FISCAL RESPONSIBILITY ARE VALUED, AND ALL DECISIONS WILL BE MADE FOR THE LONG-TERM BENEFIT OF THE ENTIRE MEMBERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SOCIAL AND RECREATIONAL OPPORTUNITIES FOR THE 415 MEMBERS OF THE CLUB.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mikel Garcia Secretary/treasurer | OfficerTrustee | 1 | $0 |
Patrick Scott Vice President | OfficerTrustee | 1 | $0 |
Brandon Hurst President | OfficerTrustee | 1 | $0 |
Kris Brester Director | Trustee | 1 | $0 |
Casey Conlon Director | Trustee | 1 | $0 |
Gary Elenburg Director | Trustee | 1 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $1,327,763 |
Investment income | $87 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $1,089,344 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,417,194 |
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 | $1,117,130 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $19,084 |
Payroll taxes | $121,235 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,745 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | -$543 |
Office expenses | $12,069 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $170,634 |
Travel | $2,335 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $61,196 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $201,774 |
Insurance | $47,193 |
All other expenses | $183,690 |
Total functional expenses | $2,378,870 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $308,622 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $117,849 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $96,637 |
Prepaid expenses and deferred charges | $6,505 |
Net Land, buildings, and equipment | $2,507,137 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,036,750 |
Accounts payable and accrued expenses | $54,132 |
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 | $1,394,990 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $335,548 |
Total liabilities | $1,784,670 |
Net assets without donor restrictions | $1,252,080 |
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 | $3,036,750 |
Organization Name | Assets | Revenue |
---|---|---|
Valley Club Inc Sun Valley, ID | $38,309,857 | $11,290,911 |
Riverside Country Club Bozeman, MT | $8,302,161 | $5,529,708 |
Hilands Golf Club Billings, MT | $6,520,753 | $2,793,095 |
Missoula Country Club Missoula, MT | $5,305,401 | $2,802,578 |
Green Meadow Country Club Inc Helena, MT | $5,719,018 | $2,526,080 |
The Briarwood Billings, MT | $3,036,750 | $2,417,194 |
Boone And Crockett Club Foundation Inc Missoula, MT | $32,216,253 | $1,881,297 |
Brookings Country Club East Side Of Lake Campbell Brookings, SD | $1,752,709 | $1,276,895 |
Sidney Golf & Country Club Sidney, MT | $1,357,338 | $1,233,094 |
Jamestown Country Club Jamestown, ND | $1,521,175 | $790,807 |
Belle Fourche Country Club Belle Fourche, SD | $514,339 | $828,039 |
Rolling Green Country Club Green River, WY | $1,157,957 | $553,532 |