Boulder Municipal Sports Center
- Assets
- $29.4m
- Revenue
- $8.4m
- Investments
- $0.0
- Employees
- 428
- Location
- Boulder, CO
- Founding
- 11/1938
- Data as of
- 03/2023
- EIN
- 84-0152905
Organization Overview
Boulder Municipal Sports Center is located in Boulder, CO. The organization was established in 1938. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 03/2023, Boulder Municipal Sports Center employed 428 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boulder Municipal Sports Center is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 03/2023, Boulder Municipal Sports Center generated $8.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $9.2m during the year ending 03/2023. While expenses have increased by 3.6% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OFFERING QUALITY RECREATION WITH A COMMITMENT TO EXCELLENCE TO ALL MEMBERS IN AN EXCLUSIVE AND FRIENDLY ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE QUALITY GOLF FACILITIES AND EQUIPMENT FOR MEMBERS FOR UP TO 600 FAMILY-MEMBERSHIPS TO USE WITH FELLOW MEMBERS, FAMILY AND GUESTS. PROVIDE 50 MEMBER-TO-MEMBER COMPETITIVE EVENTS, AROUND 75 PROGRAMS AND CLINICS FOR THE MEN, WOMEN, AND JUNIOR GOLFING MEMBERS, AND 4 TO 5 DIFFERENT PROFESSIONALS TO TEACH LESSONS AND CLINICS FOR ALL AGES.
PROVIDE QUALITY FOOD AND BEVERAGE SERVICES AND FACILITIES FOR UP TO 865 FAMILY-MEMBERSHIPS TO ENJOY WITH THEIR FELLOW MEMBERS, FAMILIES, AND THEIR GUESTS BEFORE AND AFTER RECREATIONAL ACTIVITIES. PROVIDE A PLACE FOR MEMBERS TO COME TO SOCIALIZE DURING LUNCH AND DINNER, AND 20-25 SPECIAL HOLIDAY AND SOCIAL CLUB EVENTS.
PROVIDE QUALITY TRAINERS/TEACHERS/PROS, EQUIPMENT AND CLINICS/CLASSES FOR UP TO 865 FAMILY-MEMBERSHIPS TO ENJOY FITNESS, STRENGTH TRAINING, SWIMMING AND TENNIS FACILITIES WITH FELLOW MEMBERS, FAMILIES, AND THEIR GUESTS. THE ATHLETIC FACILITY WAS REMODELED TO MAKE MORE ROOM FOR GROUP AEROBIC EXERCISE CLASSES WITH OVER 25 INSTRUCTORS FOR ALL AGE MEMBERS; ADDED MASSAGE/SPA AREAS WITH 3-4 PHYSICAL THERAPISTS, AND VARIOUS SERVICES; CREATED A BETTER HANDICAP ACCESS FOR THE BUILDING TO MAKE THE BUILDING A SAFER, CLEANER SITE FOR ALL THE ATHLETIC USES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Frederick Director | Trustee | 3 | $0 |
Jay Orris Advisor | Trustee | 3 | $0 |
Shaun Davies President | OfficerTrustee | 3 | $0 |
JD Sherry Director | Trustee | 3 | $0 |
Braden Mark Vice-President | OfficerTrustee | 3 | $0 |
Marsha Vigil Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Total Turf Golf Services Inc Staging Area Rebuild | 3/30/23 | $322,390 |
Diller Mechanical Hvac/equipment Repair | 3/30/23 | $290,731 |
Avalanche Commercial Cleaning Housekeeping/cleaning | 3/30/23 | $146,273 |
Synergi Partners Inc Ertc Calculations | 3/30/23 | $115,723 |
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 | $9,691,184 |
| Investment income | $90,685 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$33,207 |
| Net Gain/Loss on Asset Sales | $2,123 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$1,354,807 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,445,741 |
| 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. | $628,801 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,676,298 |
| Pension plan accruals and contributions | $116,878 |
| Other employee benefits | $164,808 |
| Payroll taxes | $328,158 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,165 |
| Fees for services: Accounting | $26,460 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $136,493 |
| Office expenses | $229,707 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $928,264 |
| Travel | $134 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,379 |
| Interest | $299,179 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,640,261 |
| Insurance | $39,042 |
| All other expenses | $98,242 |
| Total functional expenses | $9,222,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,786 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,017,869 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $378,608 |
| Prepaid expenses and deferred charges | $78,422 |
| Net Land, buildings, and equipment | $21,929,718 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,992,980 |
| Total assets | $29,413,383 |
| Accounts payable and accrued expenses | $2,114,728 |
| Grants payable | $0 |
| Deferred revenue | $22,344 |
| 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 | $7,975,999 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,113,071 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $343,000 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $18,957,312 |
| Total liabilities and net assets/fund balances | $29,413,383 |