Eaton Country Club
- Assets
- $1.8m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 34
- Location
- Eaton, CO
- Founding
- 12/1950
- Data as of
- 12/2021
- EIN
- 84-0583821
Organization Overview
Eaton Country Club is located in Eaton, CO. The organization was established in 1950. 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 12/2021, Eaton Country Club employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eaton 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, Eaton Country Club generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
COUNTRY CLUB PROVIDING AN EXCLUSIVE SOCIAL GATHERING LOCATION AND GOLF ACTIVITIES TO MEMBERS, INCLUDING A RESTAURANT AND BAR, GOLF SHOP, AND GOLF COURSE WITH A PRACTICE RANGE AND PUTTING GREEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP GOLF COUNTRY CLUB PROVIDING AN EXCLUSIVE SOCIAL GATHERING LOCATION AND GOLF ACTIVITIES TO MEMBERS OF THE COUNTRY CLUB, INCLUDING A RESTAURANT AND BAR, GOLF SHOP, AND 18 HOLE GOLF COURSE WITH A PRACTICE RANGE AND PUTTING GREEN.
MEMBERSHIP GOLF COUNTRY CLUB PROVIDING AN EXCLUSIVE SOCIAL GATHERING LOCATION AND GOLF ACTIVITIES TO MEMBERS OF THE COUNTRY CLUB, INCLUDING A RESTAURANT AND BAR, GOLF SHOP, AND 18 HOLE GOLF COURSE WITH A PRACTICE RANGE AND PUTTING GREEN.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle Merritt Director-Ope | Officer | 40 | $95,389 |
Randy Miller President | OfficerTrustee | $0 | |
Kent Pendley Director | Trustee | $0 | |
Doug O'connell Director | Trustee | $0 | |
Lenny Simpson Director | Trustee | $0 | |
Maurice Block Director | Trustee | $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 | $1,305,786 |
| Investment income | $75 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $633 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,306,494 |
| 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. | $95,389 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $248,999 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,866 |
| Payroll taxes | $32,682 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,123 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $523 |
| Advertising and promotion | $2,405 |
| Office expenses | $44,077 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $160,617 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $39,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $116,904 |
| Insurance | $32,855 |
| All other expenses | $75,091 |
| Total functional expenses | $1,319,334 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,276 |
| Savings and temporary cash investments | $332,711 |
| Pledges and grants receivable | $1,134 |
| Accounts receivable, net | $58,508 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $23,364 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,294,124 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,771,117 |
| Accounts payable and accrued expenses | $182,957 |
| 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 | $984,817 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $106,269 |
| Total liabilities | $1,274,043 |
| Net assets without donor restrictions | $0 |
| 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 | $1,234,900 |
| Retained earnings, endowment, accumulated income, or other funds | -$737,826 |
| Total liabilities and net assets/fund balances | $1,771,117 |
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| Organization Name | Assets | Revenue |
|---|---|---|
Paradise Valley Country Club Inc Paradise Valley, AZ | $41,632,521 | $18,336,957 |
United States Ski Team Foundation Park City, UT | $9,262,092 | $17,246,819 |
Oklahoma City Golf & Country Club Nichols Hills, OK | $30,261,356 | $14,527,744 |
Southern Hills Country Club Tulsa, OK | $59,775,336 | $17,253,423 |
Cherry Hills Country Club Englewood, CO | $65,318,672 | $17,559,884 |
Denver Country Club Denver, CO | $40,162,102 | $13,375,074 |
Columbine Country Club Columbine Valley, CO | $37,675,928 | $14,753,551 |
Happy Hollow Club Omaha, NE | $18,174,683 | $12,125,031 |
Troon Country Club Inc Scottsdale, AZ | $27,079,635 | $13,166,586 |
Gamma Phi Beta Sorority Inc Centennial, CO | $31,209,730 | $12,603,697 |
Phoenix Country Club Phoenix, AZ | $16,178,518 | $11,141,268 |
Sports Car Club Of America Incorporated Topeka, KS | $6,701,641 | $11,632,236 |