Lake Of Egypt Country Club is located in Marion, IL.
For the year ending 12/2022, Lake Of Egypt Country Club generated $172.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $198.3k during the year ending 12/2022. While expenses have increased by 5.9% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE AND OPERATE A GOLF AND COUNTRY CLUB FOR ITS MEMBERS OF THE LOCAL COMMUNITY.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Lance Hafeli President  | 1 | $0 | |
Jon Cavaness Treasurer  | 4 | $0 | |
Matt Lyons Secretary  | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $200 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $157,079 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $14,839 | 
| Total Revenue | $172,118 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $45,217 | 
| Professional fees and other payments to independent contractors | $1,980 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $176 | 
| Other expenses | $150,943 | 
| Total expenses | $198,316 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,758 | 
| Other assets | $0 | 
| Total assets | $241,249 | 
| Total liabilities | $176,590 | 
| Net assets or fund balances | $64,659 |