Mt Sterling Community Center Nfp
- Assets
- $4.2m
- Revenue
- $390.4k
- Investments
- $822.0
- Employees
- 11
- Location
- Mt Sterling, IL
- Founding
- 12/2003
- Data as of
- 12/2023
- EIN
- 82-0575051
Organization Overview
Mt Sterling Community Center Nfp is located in Mt Sterling, IL. The organization was established in 2003. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Mt Sterling Community Center Nfp employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mt Sterling Community Center Nfp 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 12/2023, Mt Sterling Community Center Nfp generated $390.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $486.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 9 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
LEASE A COMMUNITY CENTER TO THE UNITED WAY OF BROWN COUNTY FOR USE IN PROVIDING YMCA PROGRAMS TO THE LOCAL COMMUNITY. ALSO, BEGINNING IN 2009, MAKE IMPROVEMENTS TO AND OPERATE A GOLF COURSE PRIMARILY FOR THE RESIDENTS OF BROWN COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ON JANUARY 7, 2009, MT. STERLING COMMUNITY CENTER, NFP RECEIVED LAND, BUILDINGS AND EQUIPMENT IN A TRANSFER FROM ROLLING GREENS GOLF CLUB, INC. THE CENTER COMPLETED CONSTRUCTION OF AN ADDITIONAL NINE HOLES AND MADE IMPROVEMENTS TO THE ORIGINAL NINE HOLES IN 2010 AND OPERATED THE COMPLETED FACILITY FOR THE BENEFIT OF THE PUBLIC SINCE THEN. THE GOLF COURSE HAS APPROXIMATELY 90 MEMBERS AND ALSO SERVES THE GENERAL PUBLIC.
MT. STERLING COMMUNITY CENTER, NFP LEASES ITS FACILITY TO UNITED WAY OF BROWN COUNTY FOR 1 PER YEAR. UNITED WAY OF BROWN COUNTY IN TURN SUB- LEASES THE FACILITY TO THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF QUINCY, ILLINOIS WHICH OPERATES THE FACILITY BY PROVIDING TYPICAL YMCA PROGRAMS TO YMCA MEMBERS AND TO THE GENERAL PUBLIC, AS PERMITTED BY YMCA POLICY.
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 |
|---|---|---|---|
James Tracy Trustee/pres | OfficerTrustee | 5 | $0 |
John Tracy Trustee | Trustee | 0.5 | $0 |
Phillip Krupps Trustee/sec | OfficerTrustee | 1 | $0 |
Lance Grady Trustee | Trustee | 0.5 | $0 |
Ann O'sullivan Trustee | Trustee | 0.5 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $320,186 |
| Investment income | $25,512 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,865 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $40,822 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $390,407 |
| 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 | $102,220 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,203 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,443 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,211 |
| Advertising and promotion | $0 |
| Office expenses | $1,437 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,441 |
| 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 | $220,616 |
| Insurance | $17,342 |
| All other expenses | $21,965 |
| Total functional expenses | $486,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $193,816 |
| Savings and temporary cash investments | $15,793 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $65,060 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $743 |
| Prepaid expenses and deferred charges | $17,895 |
| Net Land, buildings, and equipment | $3,276,977 |
| Investments—publicly traded securities | $592,700 |
| Investments—other securities | $822 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,163,806 |
| Accounts payable and accrued expenses | $13,652 |
| Grants payable | $0 |
| Deferred revenue | $12,189 |
| 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 | $1,622 |
| Total liabilities | $27,463 |
| Net assets without donor restrictions | $4,136,343 |
| 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 | $4,163,806 |