The Central Club
- Assets
- $50.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pella, IA
- Founding
- 05/1983
- Data as of
- 07/2021
- EIN
- 42-1179868
Organization Overview
The Central Club is located in Pella, IA. The organization was established in 1983. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Club is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2021, Central Club generated $34.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $45.3k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED FINANCIAL SUPPORT TO THE ATHLETIC PROGRAMS OF CENTRAL COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean DE Waard Treasurer | 10 | $1,750 | |
Mike Dahlhouser President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,035 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $69 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $34,104 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,750 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $131 |
| Other expenses | $559 |
| Total expenses | $45,265 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,456 |
| Other assets | $0 |
| Total assets | $50,456 |
| Total liabilities | $6,169 |
| Net assets or fund balances | $44,287 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that The Central Club has recieved totaling $1,086.
| Awarding Organization | Amount |
|---|---|
Pella Rolscreen Foundation Pella, IA PURPOSE: GENERAL OPERATIONS | $486 |
Vandevoort Family Foundation Las Vegas, NV PURPOSE: GENERAL FUND | $250 |
Amg Charitable Gift Foundation Greenwood Village, CO PURPOSE: PUBLIC ASSISTANCE | $250 |
Boat Foundation Inc Pella, IA PURPOSE: CHARITABLE | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grinnell College Medical Benefit Plan Trust Agreement Grinnell, IA | $11,174,588 | $9,791,771 |
University Of Wisconsin-Eau Claire Foundation Inc Eau Claire, WI | $103,402,476 | $22,599,486 |
Blanche Ebert Seaver Trust For Frank R Seaver College Chicago, IL | $130,613,951 | $5,090,055 |
William Rainey Harper College Educational Foundation Palatine, IL | $50,154,930 | $4,699,112 |
Rochelle Zell Jewish High School Deerfield, IL | $17,970,776 | $8,473,073 |
Iowa State University Research Park Corp Ames, IA | $68,199,725 | $11,124,615 |
Minnesota State University Mankato Foundation Incorporated Mankato, MN | $77,015,205 | $9,285,148 |
University Gateway Corporation Minneapolis, MN | $78,655,248 | $6,023,242 |
Charles & Ellora Alliss Educational Foundation Milwaukee, WI | $87,576,345 | $9,781,011 |
University Of Central Missouri Foundation Warrensburg, MO | $77,602,876 | $17,903,644 |
Nebraska Defense Research Corporation Lincoln, NE | $12,097,402 | $14,649,208 |
Newman Foundation At The University Of Illinois Champaign, IL | $49,665,230 | $9,311,134 |