Country Club
- Assets
- $18.3m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 221
- Location
- Salt Lake City, UT
- Founding
- 03/1943
- Data as of
- 09/2023
- EIN
- 87-0126150
Organization Overview
Country Club is located in Salt Lake City, UT. The organization was established in 1943. 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 09/2023, Country Club employed 221 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 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 09/2023, Country Club generated $6.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $7.1m during the year ending 09/2023. While expenses have increased by 7.9% 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
PROVIDE MEMBERS SOCIAL ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE MEMBERS SOCIAL ACTIVITIES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Gose President | OfficerTrustee | 1 | $0 |
Michael Morris Vice President/grounds Cha | OfficerTrustee | 1 | $0 |
Kurt Larsen Secretary/treasurer | OfficerTrustee | 1 | $0 |
Doug Smith Greens Chair | Trustee | 1 | $0 |
John Miller Golf Chair | Trustee | 1 | $0 |
Mark Foote Membership Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,625,284 |
| 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 | $6,625,284 |
| Total Program Service Revenue | $0 |
| Investment income | $34,885 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,870 |
| 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 | -$143,129 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,625,216 |
| 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. | $543,631 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,131,291 |
| Pension plan accruals and contributions | $175,200 |
| Other employee benefits | $0 |
| Payroll taxes | $225,523 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $101,690 |
| 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 | $0 |
| 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 | $28,141 |
| Interest | $131,333 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,150,502 |
| Insurance | $533,269 |
| All other expenses | $432,567 |
| Total functional expenses | $7,077,602 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $376,985 |
| Savings and temporary cash investments | $1,370,644 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,250,868 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $282,695 |
| Prepaid expenses and deferred charges | $11,832 |
| Net Land, buildings, and equipment | $14,646,527 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $338,650 |
| Total assets | $18,278,201 |
| Accounts payable and accrued expenses | $5,162,828 |
| Grants payable | $0 |
| Deferred revenue | $986,019 |
| 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 | $24,009 |
| Other liabilities | $278,751 |
| Total liabilities | $6,451,607 |
| Net assets without donor restrictions | $11,826,594 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $18,278,201 |