Meadows Club
- Assets
- $4.6m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 43
- Location
- Boulder, CO
- Founding
- 04/2010
- Data as of
- 12/2021
- EIN
- 84-0638761
Organization Overview
Meadows Club is located in Boulder, CO. The organization was established in 2010. 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, Meadows Club employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meadows 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, Meadows Club generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 5.1% 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
THE CLUB'S PURPOSE IS TO PROVIDE SWIM AND TENNIS RECREATIONAL FACILITIES FOR MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB'S PURPOSE IS TO PROVIDE SWIM AND TENNIS RECREATIONAL FACILITIES FOR MEMBER FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Brache Treasurer | Officer | 2 | $0 |
Geoff Noyes Secretary | Officer | 2 | $0 |
Matthew Sanders President | Officer | 2 | $0 |
Mary Sznewajs Vice President | Officer | 2 | $0 |
Jen Sullivan Director | Trustee | 2 | $0 |
Peter Mutuc Director | Trustee | 2 | $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 | $1,581,220 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,581,220 |
| 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 | $265,733 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,486 |
| Payroll taxes | $19,766 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,831 |
| 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 | $5,063 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $107,852 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $163,327 |
| Insurance | $38,714 |
| All other expenses | $191,824 |
| Total functional expenses | $1,633,279 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $443,503 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $66,177 |
| 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 | $12,838 |
| Net Land, buildings, and equipment | $3,997,558 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $48,364 |
| Total assets | $4,568,440 |
| Accounts payable and accrued expenses | $10,206 |
| 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 | $2,823,616 |
| Unsecured mortgages and notes payable | $149,259 |
| Other liabilities | $6,185 |
| Total liabilities | $2,989,266 |
| 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 | $492,002 |
| Retained earnings, endowment, accumulated income, or other funds | $1,087,172 |
| Total liabilities and net assets/fund balances | $4,568,440 |
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