George Young Recreational Complex
- Assets
- $99.7k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 82
- Location
- Iron River, MI
- Founding
- 11/1984
- Data as of
- 12/2020
- EIN
- 38-2602972
Organization Overview
George Young Recreational Complex is located in Iron River, MI. The organization was established in 1984. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, George Young Recreational Complex employed 82 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George Young Recreational Complex is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, George Young Recreational Complex generated $1.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $1.6m during the year ending 12/2020. While expenses have increased by 5.0% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE GEORGE YOUNG RECREATIONAL COMPLEX IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES, INCLUDING, FOR THE PURPOSE OF LESSENING THE BURDEN ON GOVERNMENT, TO PROVIDE PUBLIC RECREATIONAL FACILITIES THROUGH THE OPERATION OF A RECREATIONAL COMPLEX FOR THE BENEFIT OF THE PUBLIC. DURING THE TAX YEAR THE COMPLEX CONTINUED ITS RECREATIONAL ACTIVITIES AND EXPANDED ITS INDOOR SWIMMING PROGRAM. IT CONTINUED TO SPONSOR CROSS COUNTRY SKI PROGRAMS IN THE WINTER AND HIKING AND GOLF RELATED ACTIVITIES IN THE SUMMER. IT OFFERS GOLF AND DRIVING RANGE FACILITIES OPEN TO THE PUBLIC AT LOW OR REDUCED COSTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMPLEX PROVIDES A DAILY FEE AND ANNUAL FEE GOLF COURSE AND DRIVING RANGE OPEN TO THE PUBLIC.
THE COMPLEX IS LOCATED IN A REMOTE AREA OF THE UPPER PENNISULA OF MICHIGAN. IT PROVIDES A LIMITED MENU OF FOOD AND DRINKS TO THOSE ENGAGING IN ACTIVITIES AT THE COMPLEX INCLUDING THOSE WHO MAY BE CAMPING NEXT DOOR AT PENTOGA PARK OR RENTING THE HISTORIC CABIN LOCATED ON THE COMPLEX PREMISES. THE GOLF COURSE HAS A BEVERAGE CART THAT IS STAFFED ON WEEKENDS AND DURING HOLIDAYS. THE DINING/BAR AREA PROVIDES REFRESHMENTS TO GOLFERS, SWIMMERS, HIKERS, CROSS-COUNTRY SKIERS AND OTHERS ENJOYING RECREATIONAL ACTIVITIES AT THE COMPLEX OR IN THE GENERAL AREA.
THE COMPLEX PROVIDES A SWIMMING POOL OPEN TO THE PUBLIC AND CHARGES A SMALL DAILY OR ANNUAL FEE FOR SUCH USAGE. IN ADDITION, THE POOL IS USED TO PROVIDE AQUA AROBICS TO THE GENERAL PUBLIC FOR THOSE WHO WISH TO TAKE BASIC CLASSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Rivard Manager | 40 | $65,779 | |
Ralph J Schindler Jr Vice President | OfficerTrustee | 2 | $0 |
C Rick Kent President | OfficerTrustee | 5 | $0 |
Jane E Borton Sec/treas. | OfficerTrustee | 2 | $0 |
Peg James Director | Trustee | 2 | $0 |
Christopher Thompson Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $146,870 |
| All other contributions, gifts, grants, and similar amounts not included above | $340,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $486,870 |
| Total Program Service Revenue | $895,943 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | -$25,577 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,357,236 |
| 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 | $622,841 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $47,882 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $166,072 |
| Insurance | $0 |
| All other expenses | $374,234 |
| Total functional expenses | $1,620,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,195 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,380 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $80,139 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $99,714 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $505 |
| Total liabilities | $505 |
| Net assets without donor restrictions | $99,209 |
| 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 | $99,714 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Young Mens Christian Association Of Greater Waukesha County Inc New Berlin, WI | $45,522,336 | $21,339,242 |
National Institute For Fitness And Sport Inc Indianapolis, IN | $3,388,339 | $6,121,753 |
Xavier University Student Health And Wellness Center Corporation Cincinnati, OH | $53,300,467 | $0 |
George Young Recreational Complex Iron River, MI | $99,714 | $1,357,236 |
World Baseball Academy Inc Fort Wayne, IN | $7,537,804 | $1,941,151 |
New Richmond Area Centre Ltd New Richmond, WI | $2,632,645 | $1,659,233 |
Brown County Ice Management Inc De Pere, WI | $551,946 | $1,678,354 |
Michigan Recreation And Park Association Lansing, MI | $320,519 | $1,715,887 |
Cardinal Greenway Inc Muncie, IN | $15,294,218 | $884,519 |
Heat Athletics Inc Franklin, WI | $0 | $70,243 |
Hayward Civic Club Inc Hayward, WI | $3,229,551 | $1,328,789 |
Madison Ice Inc Madison, WI | $3,210,061 | $1,229,246 |