Overview
What is Harmony Golf Club Inc?
Harmony Golf Club Inc, based in Harmony, Minnesota, serves as a nonprofit organization dedicated to offering an affordable and high-quality golfing experience to the public in a sparsely populated area. In 2020, the club sold 153 memberships, marking an increase of one membership compared to the previous year. The club's primary sources of revenue include membership dues, green fees, cart rentals, and sales from the bar and kitchen. However, the COVID-19 pandemic negatively impacted the kitchen and bar revenues. Despite the challenges, Harmony Golf Club Inc strives to deliver a top-notch golf experience to the community. The organization employs a team of 14 individuals.
Official website here: www.facebook.com/harmony-golf-club-109
Is Harmony Golf Club Inc legitimate?
Harmony Golf Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Harmony Golf Club Inc 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: $52,864
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Official website here: www.facebook.com/harmony-golf-club-109
What is the mission statement of Harmony Golf Club Inc?
Harmony Golf Club Inc's mission is centered around providing a top-notch golfing experience at an affordable price for the public, especially in sparsely populated areas. The organization primarily generates revenue through membership dues, green fees, cart rentals, and sales from the bar and kitchen. In 2020, the club sold 153 golf memberships, marking an increase of one membership compared to the previous year. Although other revenue streams, such as cart rentals and green fees, saw growth, kitchen and bar sales decreased due to the impact of the COVID-19 pandemic. Despite the challenges, Harmony Golf Club Inc continued to deliver a high-quality golf experience for its community.
Official website here: www.facebook.com/harmony-golf-club-109
Who is the CEO of Harmony Golf Club Inc?
Jerry Schuck is the Director of Harmony Golf Club Inc.
Official website here: www.facebook.com/harmony-golf-club-109
What is the revenue of Harmony Golf Club Inc?
Harmony Golf Club Inc's revenue in 2020 was $162,239.
Official website here: www.facebook.com/harmony-golf-club-109
Who are the executives of Harmony Golf Club Inc and what are their salaries?
The average compensation at Harmony Golf Club Inc during 2020 was $3,776. There are 14 employees at Harmony Golf Club Inc.
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Official website here: www.facebook.com/harmony-golf-club-109
Where can I find the form 990 for Harmony Golf Club Inc?
Harmony Golf Club Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.facebook.com/harmony-golf-club-109
Learn more at the official website: www.facebook.com/harmony-golf-club-109
Mission Statement of Harmony Golf Club Inc
Harmony Golf Club Inc is committed to serving the public by offering a high-quality golf club at an affordable price in a sparsely populated area. The organization primarily generates revenue through membership dues, green fees, cart rentals, and sales from the bar and kitchen. In 2020, the club sold 153 memberships, marking an increase of one membership compared to the previous year. Other sources of income, such as cart rentals and green fees, also saw an increase. However, kitchen and bar revenues decreased due to the impact of the COVID-19 pandemic. Despite these challenges, Harmony Golf Club Inc continues to provide a top-notch golfing experience for the community.
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Impact
October, 2024
Harmony Golf Club Inc plays a vital role in enhancing the recreational opportunities available to the community in and around Harmony, Minnesota. By offering a quality golf experience at an affordable cost, the club caters to both avid golfers and casual players, encouraging participation in outdoor activities that promote health and wellness.
In 2020, the club sold 153 memberships, indicating a small but positive growth in participation despite the challenges posed by the COVID-19 pandemic. This steady interest in memberships demonstrates the club's relevance and appeal in a sparsely populated area, where access to recreational facilities might otherwise be limited. Additionally, the increase in revenues from green fees and cart rentals reflects a robust engagement with the local golfing community during that time.
While kitchen and bar sales saw a decline, the overall revenue trends suggest that the organization successfully navigated a difficult period by focusing on its core golfing services. Harmony Golf Club Inc not only provides a space for leisure and enjoyment but also fosters community connection and interaction among residents, contributing significantly to the local culture and quality of life.
This information is meant to be a general summary of Harmony Golf Club Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: $2
- Program Service Revenue: $51,386
- Gross Receipts: $193,617
Assets and Liabilities:
- Total Assets: $223,463
- Total Liabilities: $54,914
- Net Assets: $168,549
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GREEN FEES
Revenue
$30,935
CART RENTAL
Revenue
$16,256
TOURNAMENT AND EVENT
Revenue
$3,329
MISCELLANEOUS
Revenue
$778
BUILDING RENT
Revenue
$88
Organization Details
Founding Year
1972
Phone
(507) 886-5622Principal Officer
Jerry Schuck
Main Address
535 4TH ST NEPO BOX 475, HARMONY, MN, 55939
NTEE Category
Code: N50 - Recreation
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