Castalia Trout Club Company

The information for Castalia Trout Club Company is as of the organization's most recent filing in December 2019. This organization is located in Castalia, OH. It has been in existence for 25 years, following its founding in 1994.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Castalia Trout Club Company's NTEE code is N61. The "N" tells us that the organization is classified along with Recreation & Sports. The "61" tells us that the organization is a Fishing & Hunting organization. The NTEE describes Fishing & Hunting organizations as those that provide opportunities for people to learn and become competitive in archery, fly or bait fishing, game bird, game fowl, or game animal hunting, fox hunting, and the use of firearms on the target range.

Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(7) organization. The IRS describes these organizations as Social and Recreational Clubs.

Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of the Castalia Trout Club Company is to provide a social facility organized for reasons relating to fishing and propagation of fish and game, with dining and lodging facilities provided to those members who must travel.

Program Areas

Program Area 1: This program area covers expenses related to propagation of fish and the upkeep of streams for the benefit of members to fish.

Program Area 2: Rental of the dining room and clubhouse for the benefit of members is another program area reported by the organization.

Organization Staffing

Castalia Trout Club Company is run by Mike Anderson, who is the President. The organization has 13 employees, none of whom are paid more than $100k per year (according to the organization's most recent 990 tax filing). There are no volunteers supporting the paid staff.

Board Governance

The Castalia Trout Club Company is well governed, with 8 voting members and 8 independent members. The organization has documented board meetings and committee meetings, and it also substantiates and reviews leadership and officer salaries. Additionally, the organization provides copies of the 990 to the board prior to filing. However, the Castalia Trout Club Company does not have a conflict of interest policy, a written whistleblower policy, or a document retention policy. Despite this, the organization is still well governed, and it is clear that the board is taking steps to ensure the organization is run in an effective and efficient manner.

Organization Growth

Overall, the Castalia Trout Club Company has not grown over the given time period from 2015 to 2019. Program Service Revenue, Investment Income, Other Revenue and Employee Salaries have all decreased, while Total Revenue and Total Expenses have both decreased. The only area of growth for this organization during this time period was in the number of Employees, which increased from 12 to 13.