Desert Gardens Rv Resort Cooperative Inc is located in Florence, AZ. The organization was established in 2020. 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, Desert Gardens Rv Resort Cooperative Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Desert Gardens Rv Resort Cooperative Inc 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, Desert Gardens Rv Resort Cooperative Inc generated $634.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $575.3k during the year ending 12/2022. While expenses have increased by 9.1% per year over the past 4 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
ESTABLISHED BY SENOR CITIZENS (55+) COMBINING THEIR FINANCIAL RESOURCES TO PROVIDE SOCIAL & RECREATIONAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTENANCE AND OPERATION OF SENIOR RESORT COMMUNITY
ACTIVITIES TO FOSTER DEVELOPING SOCIAL AND RECREATIONAL RELATIONSHIPS WITHIN THE COOPERATIVE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tony Buzzard President | OfficerTrustee | 20 | $0 |
Louise Jones VP & Communications | OfficerTrustee | 20 | $0 |
Connie Stephens VP & Office Supervisor | OfficerTrustee | 20 | $0 |
Eric Muench Secretary/treasurer | OfficerTrustee | 20 | $0 |
Steve Bell VP & Closing Manager | OfficerTrustee | 20 | $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 | $14,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $14,000 |
Total Program Service Revenue | $595,832 |
Investment income | $6,983 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $17,950 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $634,765 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $500 |
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 | $135,548 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $26 |
Payroll taxes | $14,084 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,000 |
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 | $9,331 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $316,130 |
Travel | $1,441 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,039 |
Interest | $15,074 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $44,651 |
Insurance | $18,361 |
All other expenses | $0 |
Total functional expenses | $575,295 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $72,019 |
Savings and temporary cash investments | $68,125 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,479 |
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 | $3,174 |
Net Land, buildings, and equipment | $561,380 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $31,828 |
Total assets | $738,005 |
Accounts payable and accrued expenses | $55,667 |
Grants payable | $0 |
Deferred revenue | $48,217 |
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 | $189,052 |
Other liabilities | $0 |
Total liabilities | $292,936 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $245,785 |
Paid-in or capital surplus, or land, building, or equipment fund | $199,284 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $738,005 |