Cheyenne Mountain Country Club is located in Colorado Springs, CO. The organization was established in 1942. 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 12/2021, Cheyenne Mountain Country Club employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cheyenne Mountain Country Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Cheyenne Mountain Country Club generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 4.4% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRIVATE SOCIAL CLUB WITH APPROXIMATELY 250 MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB OPERATES DINING FACILITIES, A SWIMMING POOL, AND TENNIS COURTS FOR APPROXIMATELY 250 MEMBERS AND THEIR GUESTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Reuben Degani Club Manager | Officer | 40 | $128,140 |
Bob Allen Street President | OfficerTrustee | 2 | $0 |
Jody Mccoy Vice Preside | OfficerTrustee | 1 | $0 |
R Thayer Tutt Jr Treasurer | OfficerTrustee | 2 | $0 |
Dr Darryl Thatcher Secretary | OfficerTrustee | 1 | $0 |
Dr Patrick Faricy Member | 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 | $2,346,797 |
Investment income | $13,859 |
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 | -$26,388 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,332,937 |
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. | $158,859 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $816,764 |
Pension plan accruals and contributions | $9,859 |
Other employee benefits | $153,384 |
Payroll taxes | $76,501 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,997 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $75,420 |
Advertising and promotion | $9,545 |
Office expenses | $19,955 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $116,022 |
Travel | $1,472 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $930 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $157,730 |
Insurance | $106,478 |
All other expenses | $195,218 |
Total functional expenses | $2,113,663 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $337,810 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $197,296 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $87,778 |
Prepaid expenses and deferred charges | $96,382 |
Net Land, buildings, and equipment | $1,746,861 |
Investments—publicly traded securities | $1,367,333 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,833,460 |
Accounts payable and accrued expenses | $96,215 |
Grants payable | $0 |
Deferred revenue | $8,200 |
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 | $104,415 |
Net assets without donor restrictions | $3,709,045 |
Net assets with donor restrictions | $20,000 |
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 | $3,833,460 |
Beg. Balance | $20,000 |
Earnings | $33 |
Other Expense | $33 |
Ending Balance | $20,000 |
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