Winfield Area Recreation Center
- Assets
- $109.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 21
- Location
- Winfield, IA
- Founding
- 06/1968
- Data as of
- 09/2023
- EIN
- 42-0921121
Organization Overview
Winfield Area Recreation Center is located in Winfield, IA. The organization was established in 1968. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 09/2023, Winfield Area Recreation Center employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Winfield Area Recreation Center is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2023, Winfield Area Recreation Center generated $121.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $78.2k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 8 years. 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
RURAL GOLF AND COUNTRY CLUB TO PROVIDE RECREATIONAL MEMBERSHIPS TO AREA COMMUNITY MEMBERS.
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 |
|---|---|---|---|
Jay Nelson President | 2 | $0 | |
Colleen Carlson Secretary/tr | 10 | $0 | |
Alan Fear Director | 2 | $0 | |
Jeff Loyd Director | 2 | $0 | |
Randy Redlinger Director | 2 | $0 | |
Marla Woodsmall Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,552 |
| Total Program Service Revenue | $45,765 |
| Membership dues | $0 |
| Investment income | $55 |
| Gain or Loss | $3,187 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $121,881 |
| 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 | $1,200 |
| Occupancy, rent, utilities, and maintenance | $18,226 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $58,795 |
| Total expenses | $78,221 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,748 |
| Other assets | $0 |
| Total assets | $109,944 |
| Total liabilities | $9,759 |
| Net assets or fund balances | $100,185 |