Svecia Country Club is located in Florence, WI. The organization was established in 1993. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 09/2023, Svecia Country Club employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Svecia Country Club is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2023, Svecia Country Club generated $164.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $129.2k during the year ending 09/2023. While expenses have increased by 7.8% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE CLUB PROVIDES A CLUBHOUSE, DINING ROOM, BOAT STALLS, AND OTHER RECREATIONAL FACILITIES FOR APPROX. 28 FAMILIES TO PROMOTE PERSONAL CONTACT AND COMINGLING AMONG MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Kelley Director | 1 | $0 | |
Tom Christ Treasurer | 1 | $0 | |
Herb Brostrom President | 1 | $0 | |
Rob Irwin Director | 1 | $0 | |
Patrick Nicholson Director | 1 | $0 | |
Mike Salerno Vice Preside | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $129,661 |
| Investment income | $9,000 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $350 |
| Total Revenue | $164,578 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,013 |
| Professional fees and other payments to independent contractors | $325 |
| Occupancy, rent, utilities, and maintenance | $31,992 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $74,869 |
| Total expenses | $129,199 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,592 |
| Other assets | $0 |
| Total assets | $316,710 |
| Total liabilities | $107,728 |
| Net assets or fund balances | $208,982 |