Northern Club
- Assets
- $340.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Virginia, MN
- Founding
- 01/1977
- Data as of
- 12/2023
- EIN
- 41-1284744
Organization Overview
Northern Club is located in Virginia, MN. The organization was established in 1977. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Northern Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Northern Club generated $46.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $49.0k during the year ending 12/2023. While expenses have increased by 0.7% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
BENEFITS TO MEMBERSHIP
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Lambert Secretary | 1 | $0 | |
Dan Norlander Secretary | 1 | $0 | |
Thomas Teasck Treasurer | 2 | $4,200 | |
Kenneth C Jacobsen President | 1 | $0 | |
James Sereno Vice President | 1 | $1,800 | |
Frank Peterson Secretary | 0 | $1,320 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80 |
| Total Program Service Revenue | $7,034 |
| Membership dues | $15,470 |
| Investment income | $2,480 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,259 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,027 |
| Professional fees and other payments to independent contractors | $3,175 |
| Occupancy, rent, utilities, and maintenance | $7,655 |
| Printing, publications, postage, and shipping | $126 |
| Other expenses | $27,976 |
| Total expenses | $48,959 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $131,555 |
| Other assets | $0 |
| Total assets | $340,714 |
| Total liabilities | $2,007 |
| Net assets or fund balances | $338,707 |