Columbia Club Inc
- Assets
- $6.7m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 134
- Location
- Indianapolis, IN
- Founding
- 02/1951
- Data as of
- 12/2022
- EIN
- 35-0239810
Organization Overview
Columbia Club Inc is located in Indianapolis, IN. The organization was established in 1951. 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 12/2022, Columbia Club Inc employed 134 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbia Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Columbia Club Inc generated $5.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $5.8m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 8 years. 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
TO PROVIDE SOCIAL AND RECREATIONAL BENEFITS TO ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLUMBIA CLUB, INC. PROVIDES HOTEL, RESTAURANT AND CATERING, AND HEALTH CLUB SERVICES FOR THE BENEFIT OF ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Rentschler General Mana | 40 | $193,705 | |
Stephanie Longerich Asst General | 40 | $109,165 | |
Bill Barrett President | OfficerTrustee | 1 | $0 |
Anne Hathaway Vice Preside | OfficerTrustee | 1 | $0 |
Tom Rector Treasurer | OfficerTrustee | 1 | $0 |
Devin Moore Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,462,468 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $190,793 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,653,261 |
| Total Program Service Revenue | $1,088,123 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $138,495 |
| 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 | $1,263,593 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,248,229 |
| 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 | $2,095,604 |
| Pension plan accruals and contributions | $41,626 |
| Other employee benefits | $234,166 |
| Payroll taxes | $230,003 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $56,342 |
| Fees for services: Accounting | $33,190 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $325,628 |
| Advertising and promotion | $4,533 |
| Office expenses | $244,433 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $731,059 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,479 |
| Interest | $113,058 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $426,909 |
| Insurance | $94,444 |
| All other expenses | $456,325 |
| Total functional expenses | $5,773,117 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $436,118 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $149,625 |
| Accounts receivable, net | $557,065 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $80,226 |
| Prepaid expenses and deferred charges | $54,295 |
| Net Land, buildings, and equipment | $4,754,262 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $135,796 |
| Other assets | $493,132 |
| Total assets | $6,660,519 |
| Accounts payable and accrued expenses | $795,184 |
| Grants payable | $0 |
| Deferred revenue | $392,803 |
| 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 | $2,870,393 |
| Unsecured mortgages and notes payable | $153,397 |
| Other liabilities | $367,594 |
| Total liabilities | $4,579,371 |
| Net assets without donor restrictions | $1,931,523 |
| Net assets with donor restrictions | $149,625 |
| 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 | $6,660,519 |