University Club Of Michigan State
- Assets
- $10.3m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 139
- Location
- Lansing, MI
- Founding
- 12/1969
- Data as of
- 12/2021
- EIN
- 23-7044560
Organization Overview
University Club Of Michigan State is located in Lansing, MI. The organization was established in 1969. 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, University Club Of Michigan State employed 139 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Club Of Michigan State 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, University Club Of Michigan State generated $3.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. 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 UNIVERSITY CLUB IS A SOCIAL AND RECREATIONAL CLUB FOR FACULTY, STAFF, ALUMNI, AND FRIENDS OF MICHIGAN STATE UNIVERSITY. THE MISSION OF THE UNIVERSITY CLUB OF MSU IS TO ENHANCE THE PROFESSIONAL AND SOCIAL INTERESTS OF THE UNIVERSITY COMMUNITY IN AN ATMOSPHERE OF QUALITY HOSPITALITY, INTELLECTUAL FELLOWSHIP, AND FAMILY RECREATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD AND BEVERAGE SERVICE TO CLUB MEMBERS IN CLUB DINING ROOMS, BARS, AND BANQUET ROOMS.
CLUBHOUSE AND GROUNDS OPERATIONS AND ADMINISTRATIVE SERVICES FOR CLUB MEMBERS.
ATHLETIC AND SOCIAL PROGRAMMING IN FITNESS, GOLF, TENNIS, SWIMMING, AND SOCIAL EVENTS FOR CLUB MEMBERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Grannemann CEO & Gm | Officer | 40 | $178,496 |
William Beekman President | OfficerTrustee | 1 | $0 |
Marti Heil Secretary | OfficerTrustee | 1 | $0 |
June Youatt Vice Preside | OfficerTrustee | 1 | $0 |
Raymond Schmidgall Treasurer/fi | OfficerTrustee | 1 | $0 |
Michelle Massey Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Luke Landscape Company Excavation | 12/30/17 | $138,179 |
Baruzzini Contracting Llc Construction | 12/30/17 | $278,033 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,520,396 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $886,222 |
| All other contributions, gifts, grants, and similar amounts not included above | $137,329 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,543,947 |
| Total Program Service Revenue | $497,352 |
| Investment income | $2,229 |
| 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 | $380,112 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,423,640 |
| 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. | $192,301 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $186,445 |
| Pension plan accruals and contributions | $30,972 |
| Other employee benefits | $45,221 |
| Payroll taxes | $77,453 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,568 |
| Office expenses | $96,023 |
| Information technology | $2,921 |
| Royalties | $0 |
| Occupancy | $339,625 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $185,362 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $469,054 |
| Insurance | $66,239 |
| All other expenses | $1,442 |
| Total functional expenses | $2,067,965 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $566,979 |
| Savings and temporary cash investments | $500,613 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $419,605 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $647,992 |
| Inventories for sale or use | $89,363 |
| Prepaid expenses and deferred charges | $72,567 |
| Net Land, buildings, and equipment | $5,945,935 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,037,684 |
| Total assets | $10,280,738 |
| Accounts payable and accrued expenses | $458,188 |
| 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 | $4,826,547 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $427,583 |
| Total liabilities | $5,712,318 |
| Net assets without donor restrictions | $4,567,056 |
| Net assets with donor restrictions | $1,364 |
| 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 | $10,280,738 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that University Club Of Michigan State has recieved totaling $40,000.
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Delta Zeta National Housing Corporation Oxford, OH | $87,996,446 | $22,719,151 |
Delta Zeta Nat'l Housing Co (group Return) Oxford, OH | $23,862,160 | $20,580,612 |
Alpha Chi Omega Fraternity Inc Indianapolis, IN | $29,119,055 | $16,507,869 |
Scioto Country Club Inc Columbus, OH | $33,295,673 | $14,482,821 |
Kenwood Country Club Cincinnati, OH | $26,605,503 | $12,714,296 |
Alpha Chi Omega National Housing Corporation Indianapolis, IN | $68,106,791 | $16,027,721 |
Cincinnati Country Club Cincinnati, OH | $22,932,487 | $13,648,995 |
Delta Zeta Sorority Oxford, OH | $10,465,922 | $11,682,546 |
American Motorcycle Association Pickerington, OH | $16,477,859 | $11,974,280 |
Franklin Hills Country Club Franklin, MI | $14,923,818 | $10,135,789 |
Country Club Inc Pepper Pike, OH | $10,914,788 | $11,494,008 |
Country Club Of Detroit Grosse Pointe Farms, MI | $27,254,127 | $11,579,679 |