Garrison Commercial Club Inc
- Assets
- $274.5k
- Revenue
- $51.5k
- Investments
- $0.0
- Employees
- 15
- Location
- Garrison, MN
- Founding
- Data as of
- 12/2021
- EIN
- 41-1465912
Organization Overview
Garrison Commercial Club Inc is located in Garrison, MN. As of 12/2021, Garrison Commercial Club Inc employed 15 individuals. Garrison Commercial Club Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Garrison Commercial Club Inc generated $51.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $46.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 7 years. 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
PROMOTE TOURISM AND BUSINESSES IN THE GARRISON, MN AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOST PUBLIC COMMUNITY EVENTS THAT PROMOTE TOURISM AND BUSINESS IN THE GARRISON, MN AREA. GROOM AND MAINTAIN PUBLIC SNOWMOBILE TRAILS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Polly Williams Gambling Man | Officer | 40 | $37,450 |
Winton Carlson Vice Preside | OfficerTrustee | 1 | $2,000 |
Irene Phillips Secretary | OfficerTrustee | 1 | $1,825 |
Lori Schmaltz Treasurer | OfficerTrustee | 1 | $1,200 |
Loren Larson Director | Trustee | 1 | $1,010 |
Erik Huff President | OfficerTrustee | 1 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $43,884 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,214 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,098 |
| Total Program Service Revenue | $5,072 |
| Investment income | $192 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$11,316 |
| Net Income from Gaming Activities | $5,422 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $51,468 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $173,124 |
| Grants and other assistance to domestic individuals. | $1,736 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $5,110 |
| Compensation of current officers, directors, key employees. | $4,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,585 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,597 |
| 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 | $416 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $541 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,602 |
| Interest | $182 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,102 |
| Insurance | $6,012 |
| All other expenses | -$170,687 |
| Total functional expenses | $46,532 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,186 |
| Savings and temporary cash investments | $73,493 |
| 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 | $6,261 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $78,580 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $274,520 |
| Accounts payable and accrued expenses | $15,934 |
| 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 | $13,200 |
| Other liabilities | $1,015 |
| Total liabilities | $30,149 |
| Net assets without donor restrictions | $244,371 |
| 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 | $274,520 |
Grants Awarded
Over the last fiscal year, Garrison Commercial Club Inc has awarded $97,441 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF GARRISON | | | $24,541 |
Memphis, TN | | $20,500 |
Cedar, MN | | $17,250 |
RES | | | $15,000 |
Deerwood, MN | | $7,500 |
Aitkin, MN | | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Illinois Electrical Coop Carthage, IL | $25,735,291 | $9,998,239 |
Safe Families For Children Alliance Chicago, IL | $3,523,068 | $9,924,305 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
Douglass Community Services Inc Hannibal, MO | $3,361,431 | $10,312,306 |
Cox Health Systems Hmo Inc Springfield, MO | $37,618,692 | $12,571,299 |
Michigan Nonprofit Association Lansing, MI | $6,155,794 | $10,465,564 |
Logan Health - Shelby Kalispell, MT | $10,902,864 | $9,872,273 |
Alliance Nctn Foundation Chicago, IL | $4,276,385 | $9,494,506 |
National Association Of Tax Professionals Inc Appleton, WI | $15,322,195 | $11,606,289 |
Rimland Services Nfp Evanston, IL | $9,728,915 | $10,325,660 |
Vela Education Fund Glencoe, IL | $4,855,969 | $13,247,569 |
Roderick And Solange Macarthur Justice Center Niles, IL | $137,820,704 | $9,175,098 |