Arrowhead Country Club
- Assets
- $2.2m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 78
- Location
- Edelstein, IL
- Founding
- 01/1977
- Data as of
- 09/2023
- EIN
- 37-0804126
Organization Overview
Arrowhead Country Club is located in Edelstein, IL. The organization was established in 1977. 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 09/2023, Arrowhead Country Club employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arrowhead Country Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2023, Arrowhead Country Club generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $1.4m during the year ending 09/2023. While expenses have increased by 8.5% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVE, PROMOTE, AND ENHANCE ARROWHEAD COUNTRY CLUB AS A FAMILY ORIENTED CLUB WHERE MEMBERS ARE ENCOURAGED TO HAVE FUN AND FELLOWSHIP AT A QUALITY FACILITY AT REASONABLE PRICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE MEMBERS AND THEIR FAMILIES WITH RECRETATION, FOOD, BEVERAGE, AND SOCIALIZING OPPORTUNITIES IN ACCORDANCE WITH THE EXEMPT PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Poorman Director & President | OfficerTrustee | 5 | $0 |
Alex Heinzmann Director & Treasuer | OfficerTrustee | 2 | $0 |
Jim Cebuhar Director & Secretary | OfficerTrustee | 2 | $0 |
Michael Bornsheuer Director | Trustee | 1.5 | $0 |
Nicole Durham Director | Trustee | 1.5 | $0 |
Deb Deltenstein Director | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,071,070 |
| 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 | $1,071,070 |
| Total Program Service Revenue | $266,318 |
| Investment income | $1,277 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $28,147 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $10,066 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $196,599 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,834,268 |
| 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. | $280,778 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $441,916 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,311 |
| Payroll taxes | $90,865 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,905 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,807 |
| Office expenses | $14,605 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $150,197 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $52,506 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $73,950 |
| Insurance | $29,657 |
| All other expenses | $20,598 |
| Total functional expenses | $1,442,449 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,560 |
| Savings and temporary cash investments | $375,778 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $300,021 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $34,476 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,535,004 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,249,839 |
| Accounts payable and accrued expenses | $95,753 |
| Grants payable | $0 |
| Deferred revenue | $462,959 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $13,000 |
| Secured mortgages and notes payable | $940,405 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,512,117 |
| Net assets without donor restrictions | $737,722 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,249,839 |