Laurel Mill Golf Course Inc
- Assets
- $292.8k
- Revenue
- $183.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Ridgway, PA
- Founding
- 11/1944
- Data as of
- 12/2021
- EIN
- 25-0460400
Organization Overview
Laurel Mill Golf Course Inc is located in Ridgway, PA. The organization was established in 1944. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laurel Mill Golf Course Inc 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, Laurel Mill Golf Course Inc generated $183.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $173.3k during the year ending 12/2021. While expenses have increased by 0.2% 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
OPERATION OF A PRIVATE GOLF COURSE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATED A PRIVATE GOLF COURSE WHEREAS MEMBERS OF THE COMMNITY OF RIDGWAY COUND JOIN AND PLAY OR LEARN TO PLAY GOLF AT A REASONABLE DUES STRUCTURE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Jeffrey Schutz Board Member | Officer | 0 | $0 |
Gregg Johnson Board Member | Officer | 0 | $0 |
Brian Leitzel Board Member | Officer | 0 | $0 |
Mamie Mader Board Member | Officer | 0 | $0 |
Marlin Konen Board Member | Trustee | 0 | $0 |
Ralph Williams Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $25,499 |
| 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 | $25,499 |
| Total Program Service Revenue | $148,367 |
| 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 | $9,655 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $183,521 |
| 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 | $41,326 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,198 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,915 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $100 |
| Office expenses | $2,393 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,361 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,741 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,298 |
| Insurance | $11,077 |
| All other expenses | $3,758 |
| Total functional expenses | $173,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,492 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $203,347 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $292,839 |
| Accounts payable and accrued expenses | $0 |
| 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 | $29,999 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $29,999 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $262,840 |
| Total liabilities and net assets/fund balances | $292,839 |
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|---|---|---|
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Spring Lake Golf Club Spring Lake, NJ | $38,282,352 | $9,016,811 |
Baltimore Municipal Golf Corporation Baltimore, MD | $5,865,972 | $8,297,007 |
Blind Brook Club Inc Purchase, NY | $28,184,694 | $8,355,363 |
Westchester Hills Golf Club White Plains, NY | $7,065,789 | $7,028,257 |
Nissequogue Golf Club Inc St James, NY | $10,129,606 | $6,149,464 |
Smoke Rise Club Kinnelon, NJ | $2,441,144 | $4,889,227 |
Pittsburgh Golf Club Pittsburgh, PA | $8,344,017 | $4,467,667 |
First Tee New York Inc Bronx, NY | $7,549,038 | $6,113,567 |
Cobbs Creek Restoration And Community Foundation West Conshohocken, PA | $9,472,650 | $6,266,372 |