Cottonwood Greens Inc
- Assets
- $81.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spalding, NE
- Founding
- 12/2019
- Data as of
- 12/2023
- EIN
- 84-1891272
Organization Overview
Cottonwood Greens Inc is located in Spalding, NE. The organization was established in 2019. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cottonwood Greens Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Cottonwood Greens Inc generated $91.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $81.2k during the year ending 12/2023. While expenses have increased by 7.9% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE ENJOYMENT OF RECREATIONAL GOLF TO RURAL NEBRASKA AT AN AFFORDABLE COST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Stromp Jr Vice President | 3 | $0 | |
Matthew Glaser President | 3 | $0 | |
Mitch Glesinger Director | 5 | $0 | |
Joseph Pritchard Director | 5 | $0 | |
Jj Ondracek Director | 3 | $0 | |
Mitchell Cockerill Secretary/treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Total Program Service Revenue | $21,005 |
| Membership dues | $56,640 |
| Investment income | $142 |
| Gain or Loss | -$3,257 |
| Net Income from Gaming & Fundraising | $2,345 |
| Other Revenue | $2,100 |
| Total Revenue | $91,539 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,451 |
| Professional fees and other payments to independent contractors | $1,915 |
| Occupancy, rent, utilities, and maintenance | $37,105 |
| Printing, publications, postage, and shipping | $148 |
| Other expenses | $22,541 |
| Total expenses | $81,160 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,841 |
| Other assets | $0 |
| Total assets | $81,014 |
| Total liabilities | $20,594 |
| Net assets or fund balances | $60,420 |