Underwire Holdings Inc is located in Wisconsin Rapids, WI. The organization was established in 1998. According to its NTEE Classification (N61) the organization is classified as: Fishing & Hunting, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Underwire Holdings Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Underwire Holdings Inc generated $62.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $88.1k during the year ending 12/2022. While expenses have increased by 5.3% 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
WEEKLY MEETINGS BETWEEN MAY AND SEPTEMBER TO SHOOT TRAP AND ENGAGE IN SOCIAL ACTIVITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tl Olson President | 0.5 | $0 | |
David Kumm Vice Pres/tr | 0.5 | $0 | |
Gregory Netteshiem Secretary | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $62,603 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $30 |
| Total Revenue | $62,633 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,645 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $83,441 |
| Total expenses | $88,086 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,707 |
| Other assets | $0 |
| Total assets | $134,681 |
| Total liabilities | $22,850 |
| Net assets or fund balances | $111,831 |