Three Parks Fairways Inc
- Assets
- $390.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Florence, AZ
- Founding
- 04/1992
- Data as of
- 09/2023
- EIN
- 86-0648526
Organization Overview
Three Parks Fairways Inc is located in Florence, AZ. The organization was established in 1992. According to its NTEE Classification (N52) the organization is classified as: Fairs, 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. Three Parks Fairways Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2023, Three Parks Fairways Inc generated $186.1k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $171.5k during the year ending 09/2023. 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
THIS GOLF COURSE AND BUILDINGS ARE MAINTAINED AND OPERATED FOR THE BENEFIT OF ITS MEMBERS. THERE ARE 440 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Mcdonald Treasurer | 10 | $0 | |
Mike Bowers President | 5 | $0 | |
Leon Blanchet Vice President | 2 | $0 | |
James Haugen Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,905 |
| Total Program Service Revenue | $152,693 |
| Membership dues | $13,550 |
| Investment income | $40 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $11,659 |
| Total Revenue | $186,064 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,594 |
| Professional fees and other payments to independent contractors | $2,683 |
| Occupancy, rent, utilities, and maintenance | $114,563 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,616 |
| Total expenses | $171,456 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $190,581 |
| Other assets | $0 |
| Total assets | $390,635 |
| Total liabilities | $1,739 |
| Net assets or fund balances | $388,896 |