Waseca Lakeside Club

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 410600250 ✦ Waseca, MN ✦ Designated as a 501(c)(7)

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Overview

What is Waseca Lakeside Club?

The Waseca Lakeside Club is a nonprofit organization situated in Waseca, Minnesota. With a membership of 325 golfers, 117 for swimming and tennis, and 442 for social activities, the club's primary objective is to preserve its grounds and foster a sense of camaraderie among its members. By providing a top-notch golf course and various social events, the club aims to cater to the golfing needs of its members. The club employs a team of 40 individuals to ensure the successful execution of its mission.


Official website here: www.wasecagolf.com

Is Waseca Lakeside Club legitimate?

Waseca Lakeside Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Waseca Lakeside Club submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $265,843

For more financial information, click here


Official website here: www.wasecagolf.com

What is the mission statement of Waseca Lakeside Club?

The Waseca Lakeside Club's mission is centered around preserving its grounds to foster a sense of unity among its members, encouraging good fellowship. At its core, the club aims to provide its golfers with a high-quality golf course and a variety of social activities. The club boasts a strong golfing community with 325 members, while its swimming and tennis facilities attract 117 members, and its social activities engage a substantial 442 members.


Official website here: www.wasecagolf.com

What is the revenue of Waseca Lakeside Club?

Waseca Lakeside Club's revenue in 2024 was $804,334.


Official website here: www.wasecagolf.com

Who are the executives of Waseca Lakeside Club and what are their salaries?

The average compensation at Waseca Lakeside Club during 2024 was $7,385. There are 36 employees and 9 volunteers at Waseca Lakeside Club.

Here are 10 key members and their salaries:


Josh Pederson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jayne Selvik (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Omtvedt (Past Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Fitzsimmons (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Jaycox (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Malecha (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Bonneur (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Briana Worke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Bjerke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Blake (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wasecagolf.com

Where can I find the form 990 for Waseca Lakeside Club?

Waseca Lakeside Club's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.wasecagolf.com

Learn more at the official website: www.wasecagolf.com

Mission Statement of Waseca Lakeside Club

Waseca Lakeside Club, a esteemed organization, is committed to preserving its grounds and fostering a sense of camaraderie among its members. Its mission, in essence, is twofold. Firstly, it strives to offer its golfing members an exceptional golfing experience on its course. Secondly, it provides a platform for social activities, bringing together its members and encouraging a friendly atmosphere. With a membership of 325 golf enthusiasts, 117 members engaged in swimming and tennis, and 442 members participating in social events, Waseca Lakeside Club successfully fulfills its mission of providing a high-quality golfing experience and fostering a strong sense of community.

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Impact




October, 2024

Waseca Lakeside Club significantly enhances the community's recreational landscape by offering a high-quality golf course, swimming, and tennis facilities. With a membership base that includes 325 golfers, 117 swimming and tennis enthusiasts, and 442 social members, the club fosters an active and engaged community. Its commitment to maintaining the grounds not only ensures a pristine environment for leisure activities but also promotes fellowship among members, strengthening social bonds and community ties. The club plays a vital role in uniting individuals through shared interests, contributing to the overall well-being and enjoyment of residents in Waseca, Minnesota.




This information is meant to be a general summary of Waseca Lakeside Club. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$804,334 (2024)
Expenses
$694,549 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $55,588
  • Program Service Revenue: $275,710
  • Gross Receipts: $872,901

Assets and Liabilities:

  • Total Assets: $1,447,444
  • Total Liabilities: $31,529
  • Net Assets: $1,415,915

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CART RENTAL

Revenue

$101,358

GREEN FEES

Revenue

$98,208

MEMBER SERVICES

Revenue

$37,837

STORAGE & LOCKERS

Revenue

$35,245

FOOD COMMISSION

Revenue

$3,062

Organization Details

Founding Year

1922

Principal Officer

Steve Jaycox

NTEE Category

Code: N50 - Recreation

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