Durango Municipal Recreation Inc
- Assets
- $1.8m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 59
- Location
- Durango, CO
- Founding
- 12/1965
- Data as of
- 12/2021
- EIN
- 84-0433196
Organization Overview
Durango Municipal Recreation Inc is located in Durango, CO. The organization was established in 1965. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Durango Municipal Recreation Inc employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Durango Municipal Recreation Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Durango Municipal Recreation Inc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 10.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
PUBLIC GOLF COURSE IN THE CITY OF DURANGO, COLORADO
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION MAINTAINS AND MAKES IMPROVEMENTS TO THE GOLF COURSE AS A RECREATIONAL FACILITY FOR THE BENEFIT AND USE OF THE COMMUNITY RESIDENTS AND VISITORS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Mccloskey General Manager | 40 | $107,975 | |
Bob Therrell Treasurer | OfficerTrustee | 1.16 | $0 |
Brian Dommer President | OfficerTrustee | 1.16 | $0 |
Michael Anziano Vice President | OfficerTrustee | 1.16 | $0 |
Britt Bassett Secretary | OfficerTrustee | 1.16 | $0 |
Bill Gwinn Director | Trustee | 1.16 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $1,561,709 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $137,337 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,727,631 |
| 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. | $107,975 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $702,824 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $93,526 |
| Payroll taxes | $70,138 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,488 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,361 |
| Office expenses | $0 |
| 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 | $27,608 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $236,148 |
| Insurance | $16,820 |
| All other expenses | $152,584 |
| Total functional expenses | $1,655,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $259,128 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,342 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $96,137 |
| Prepaid expenses and deferred charges | $1,703 |
| Net Land, buildings, and equipment | $1,464,844 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,930 |
| Other assets | $602 |
| Total assets | $1,828,686 |
| Accounts payable and accrued expenses | $90,651 |
| Grants payable | $0 |
| Deferred revenue | $38,197 |
| 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 | $557,639 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $50,346 |
| Total liabilities | $736,833 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,091,853 |
| Total liabilities and net assets/fund balances | $1,828,686 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western National Parks Association Tucson, AZ | $16,969,884 | $10,617,011 |
Davis & Weber Counties Canal Co Sunset, UT | $75,121,489 | $8,211,591 |
Memorial Park Tulsa, OK | $30,425,611 | $5,086,019 |
Steamboat Health & Recreation Association Steamboat Springs, CO | $16,901,518 | $6,123,576 |
Rocky Mountain Conservancy Estes Park, CO | $24,888,812 | $7,143,663 |
Ramah In The Rockies Denver, CO | $14,278,108 | $2,853,813 |
Fort Lyon Canal Company Las Animas, CO | $20,042,880 | $3,412,269 |
Doney Park Water Flagstaff, AZ | $8,658,378 | $2,522,367 |
Bear River Canal Co Tremonton, UT | $6,239,998 | $2,499,568 |
Durango Municipal Recreation Inc Durango, CO | $1,828,686 | $1,727,631 |
Strawberry High Line Canal Company Payson, UT | $4,583,401 | $1,788,945 |
Denver Tennis Park Inc Denver, CO | $14,829,310 | $1,270,663 |