Beloit Country Club Inc

Organization Overview

Beloit Country Club Inc is located in Beloit, KS. The organization was established in 1944. 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, Beloit Country Club Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beloit Country Club Inc 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, Beloit Country Club Inc generated $330.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $295.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO OPERATE A GOLF COURSE AND SOCIAL CLUB

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO OPERATE A GOLF COURSE AND SOCIAL CLUB


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$199,962
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,475
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$202,437
Total Program Service Revenue$58,897
Investment income $6,163
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$8,543
Net Gain/Loss on Asset Sales $26
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $70,824
Miscellaneous Revenue$0
Total Revenue $330,054

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