Hampton Country Club
- Assets
- $456.5k
- Revenue
- $303.2k
- Investments
- $0.0
- Employees
- 10
- Location
- Hampton, IA
- Founding
- 05/1946
- Data as of
- 12/2021
- EIN
- 42-0292934
Organization Overview
Hampton Country Club is located in Hampton, IA. The organization was established in 1946. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Hampton Country Club employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hampton 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, Hampton Country Club generated $303.2k 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 (4.3%) each year. All expenses for the organization totaled $297.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.3%) 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
ATHLETIC AND SOCIAL FUNCTIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF 9-HOLE GOLF COURSE AND BAR/FOOD SERVICE.
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 |
|---|---|---|---|
Julie Schall Club House Manager | Officer | 45 | $46,568 |
Al Poulos Grounds Manager | Officer | 45 | $41,200 |
Dan Morrical President | Trustee | 3 | $0 |
John Heilskov Secretary | Trustee | 3 | $0 |
Tom Teggatz Director | Trustee | 3 | $0 |
Frankie Aliu Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $201,983 |
| 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 | $201,983 |
| Total Program Service Revenue | $0 |
| Investment income | $63 |
| 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 | $67,107 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $303,225 |
| 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 | $117,262 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,286 |
| 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 | $2,477 |
| 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 | $12,242 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,608 |
| Insurance | $11,945 |
| All other expenses | $20,294 |
| Total functional expenses | $297,058 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,919 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $51,363 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $14,065 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $372,185 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $456,532 |
| Accounts payable and accrued expenses | $14,979 |
| 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 | $269,393 |
| Unsecured mortgages and notes payable | $10,200 |
| Other liabilities | $0 |
| Total liabilities | $294,572 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $89,790 |
| Paid-in or capital surplus, or land, building, or equipment fund | $160,293 |
| Retained earnings, endowment, accumulated income, or other funds | -$88,123 |
| Total liabilities and net assets/fund balances | $456,532 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Interlachen Country Club Edina, MN | $38,666,862 | $19,906,229 |
Pi Beta Phi Fraternity Housing Corporation Town Country, MO | $77,087,429 | $19,221,332 |
Olympia Fields Country Club Olympia Fields, IL | $30,077,528 | $14,988,630 |
Twin Orchard Country Club Long Grove, IL | $7,888,847 | $8,779,508 |
Briarwood Country Club Deerfield, IL | $16,862,462 | $7,936,936 |
Wisconsin Club Inc Milwaukee, WI | $13,631,132 | $7,676,658 |
Milwaukee Country Club River Hills, WI | $13,393,861 | $8,032,632 |
Chicago Club Chicago, IL | $23,297,083 | $6,965,290 |
Westborough Country Club St Louis, MO | $12,574,803 | $8,255,604 |
North Shore Country Club Mequon, WI | $12,385,301 | $7,356,496 |
Woodhill Country Club Wayzata, MN | $12,252,723 | $5,942,697 |
River Forest Country Club Elmhurst, IL | $11,952,693 | $7,876,925 |