Oakes Golf Club
- Assets
- $161.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 11
- Location
- Oakes, ND
- Founding
- 07/1955
- Data as of
- 12/2022
- EIN
- 45-0241370
Organization Overview
Oakes Golf Club is located in Oakes, ND. The organization was established in 1955. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Oakes Golf Club employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oakes Golf Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Oakes Golf Club generated $114.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $187.0k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S EXEMPT PURPOSE IS TO PROVIDE SOCIAL & RECREATIONAL ACTIVITIES FOR ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3
PROVIDE SOCIAL & RECREATIONAL ACTVITIES FOR MEMBERS: INCLUDES OPERATION OF A GOLF COURSE & CLUBHOUSE
PROVIDE SOCIAL & RECREATIONAL ACTVITIES FOR MEMBERS: INCLUDES OPERATION OF A GOLF COURSE & CLUBHOUSE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Beckius President | 3 | $0 | |
Aaron Held Vice Preside | 1 | $0 | |
Brad Schmitz Director | 1 | $0 | |
Phillip Homan Director | 1 | $0 | |
Trista Barber Secretary | 1 | $0 | |
Simon Maddock Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,395 |
| Total Program Service Revenue | $0 |
| Membership dues | $65,654 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,851 |
| Other Revenue | $0 |
| Total Revenue | $114,329 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $106,173 |
| Professional fees and other payments to independent contractors | $7,115 |
| Occupancy, rent, utilities, and maintenance | $37,339 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,372 |
| Total expenses | $186,999 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,343 |
| Other assets | $0 |
| Total assets | $161,943 |
| Total liabilities | $20,464 |
| Net assets or fund balances | $141,479 |