Blue Mound Golf And Country Club
- Assets
- $9.4m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 161
- Location
- Wauwatosa, WI
- Founding
- 05/1964
- Data as of
- 12/2021
- EIN
- 39-0171520
Organization Overview
Blue Mound Golf And Country Club is located in Wauwatosa, WI. The organization was established in 1964. 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 12/2021, Blue Mound Golf And Country Club employed 161 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Mound Golf And 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 12/2021, Blue Mound Golf And Country Club generated $5.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $4.4m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE DEVELOPMENT AND FURTHERANCE OF THE ART AND SPORT OF GOLF AND THE STIMULATION OF INTEREST THEREIN, AND TO PROVIDE FACILITIES FOR THE FURTHERING OF SPORTS AND ALLIED ACTIVITIES, SPORTSMANSHIP AND FELLOWSHIP AMONGST ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLUE MOUND GOLF AND COUNTRY CLUB HAS PROVIDED ITS MEMBERS WITH AN EXCELLENT GOLFING EXPERIENCE FOR OVER 100 YEARS. THE CLUB HAS 18 CHALLENGING HOLES ON A TOURNAMENT READY COURSE ON WHICH MEMBERS PLAY, SOCIALIZE AND FORM LASTING FRIENDSHIPS. THE COURSE WAS THE FIRST IN WISCONSIN TO HOST A PGA MAJOR IN 1933.
BLUE MOUND GOLF AND COUNTRY CLUB HAS AN ELEGANT CLUBHOUSE AND FINE DINING FACILITIES THAT PROVIDE THE KIND OF SATISFYING AND REWARDING SOCIAL EXPERIENCES FOUND IN THE COUNTRY'S FINEST CLUBS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Beson-Crone Grounds Superintendent | 40 | $138,192 | |
Keith Gressle Club Manager | Officer | 40 | $129,774 |
Arch J Pequet Secretary | OfficerTrustee | 1 | $0 |
Richard J Tennessen President | OfficerTrustee | 1 | $0 |
James Kellog Vice President | OfficerTrustee | 1 | $0 |
Paul W Griepentrog Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $4,823,136 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$41 |
| Net Gain/Loss on Asset Sales | -$18,772 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $122,086 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,025,200 |
| 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. | $308,050 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,245,668 |
| Pension plan accruals and contributions | $85,784 |
| Other employee benefits | $194,140 |
| Payroll taxes | $146,334 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,580 |
| Fees for services: Accounting | $21,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,210 |
| Advertising and promotion | $0 |
| Office expenses | $58,073 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $225,444 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18,721 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $632,712 |
| Insurance | $96,396 |
| All other expenses | $246,957 |
| Total functional expenses | $4,426,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,455 |
| Savings and temporary cash investments | $29,350 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $453,394 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $144,550 |
| Prepaid expenses and deferred charges | $71,180 |
| Net Land, buildings, and equipment | $7,295,242 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,405,246 |
| Total assets | $9,422,417 |
| Accounts payable and accrued expenses | $578,170 |
| 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 | $443,542 |
| Unsecured mortgages and notes payable | $576,000 |
| Other liabilities | $1,428,216 |
| Total liabilities | $3,025,928 |
| Net assets without donor restrictions | $6,374,831 |
| Net assets with donor restrictions | $21,658 |
| 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 | $9,422,417 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union League Club Of Chicago Chicago, IL | $26,749,429 | $20,158,030 |
Butterfield Country Club Oak Brook, IL | $37,524,568 | $14,281,799 |
University Club Of Chicago Chicago, IL | $40,558,650 | $14,990,991 |
Westmoreland Country Club Wilmette, IL | $31,536,434 | $12,960,463 |
Skokie Country Club Glencoe, IL | $25,480,990 | $12,823,319 |
Franklin Hills Country Club Franklin, MI | $14,923,818 | $10,135,789 |
Northmoor Country Club Highland Park, IL | $11,897,440 | $11,149,941 |
Lake Shore Country Club Glencoe, IL | $23,861,178 | $9,263,473 |
Sunset Ridge Country Club Northfield, IL | $17,255,295 | $10,252,845 |
Womans Athletic Club Of Chicago Chicago, IL | $20,940,207 | $10,056,294 |
Country Club Of Detroit Grosse Pointe Farms, MI | $27,254,127 | $11,579,679 |
Saddle And Cycle Club Chicago, IL | $18,719,065 | $9,773,306 |