Wenatchee Golf & Country Club
- Assets
- $5.2m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 77
- Location
- East Wenatchee, WA
- Founding
- 03/1925
- Data as of
- 10/2022
- EIN
- 91-0465545
Organization Overview
Wenatchee Golf & Country Club is located in East Wenatchee, WA. The organization was established in 1925. 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 10/2022, Wenatchee Golf & Country Club employed 77 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wenatchee Golf & 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 10/2022, Wenatchee Golf & Country Club generated $3.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $3.5m during the year ending 10/2022. While expenses have increased by 4.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MEMBER-OWNED COUNTRY CLUB WITH AN 18 HOLE GOLF COURSE, CLUBHOUSE AND SWIMMING POOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER-OWNED COUNTRY CLUB WITH AN 18 HOLE GOLF COURSE, CLUBHOUSE AND SWIMMING POOL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hugh Graham General Manager | Officer | 40 | $120,077 |
Mark Gahringer President | OfficerTrustee | 1 | $0 |
Aren Magnussen President Elect | OfficerTrustee | 1 | $0 |
Brian Walker Secretary | OfficerTrustee | 1 | $0 |
Brett Reasor Treasurer | OfficerTrustee | 1 | $0 |
Robert Cannon Board Member | Trustee | 1 | $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 | $2,905,882 |
| Investment income | $7,399 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$68 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $944,235 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,857,448 |
| 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. | $134,004 |
| Compensation of current officers, directors, key employees. | $134,004 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,431,986 |
| Pension plan accruals and contributions | $12,642 |
| Other employee benefits | $139,188 |
| Payroll taxes | $226,450 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,493 |
| Fees for services: Accounting | $41,890 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,228 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $103,633 |
| Travel | $123 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,548 |
| Interest | $104,978 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $337,528 |
| Insurance | $54,544 |
| All other expenses | $129,783 |
| Total functional expenses | $3,519,372 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $993,733 |
| Savings and temporary cash investments | $212,479 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $406,303 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $149,342 |
| Prepaid expenses and deferred charges | $44,451 |
| Net Land, buildings, and equipment | $3,397,340 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,000 |
| Total assets | $5,233,648 |
| Accounts payable and accrued expenses | $542,249 |
| Grants payable | $0 |
| Deferred revenue | $238,485 |
| 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 | $2,613,859 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,394,593 |
| Net assets without donor restrictions | $1,839,055 |
| 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 | $5,233,648 |
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