Overview
What is Lake City Country Club?
Lake City Country Club is a nonprofit establishment located at 1300 E MAIN ST, Lake City, Iowa 51449. With a workforce of 19 individuals, this organization primarily focuses on providing a recreational space for its members and guests. More specifically, it operates a golf course and a clubhouse, catering to the leisure activities of these groups. The information provided does not mention any additional programs or services offered by the club.
Is Lake City Country Club legitimate?
Lake City Country Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lake City Country 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: $188,415
For more financial information, click here
What is the mission statement of Lake City Country Club?
The Lake City Country Club's mission, as stated, is dedicated to providing a golf course and clubhouse for the leisure and enjoyment of its members and guests. The club operates with a focus on providing groundskeeping, landscaping, and clubhouse services, as indicated in its operations, specifically in line 7B of Part IX. The club's activities aim to cater to the recreational needs of its members and guests, offering a tranquil and engaging environment for their leisure time.
What is the revenue of Lake City Country Club?
Lake City Country Club's revenue in 2023 was $458,804.
Who are the executives of Lake City Country Club and what are their salaries?
The average compensation at Lake City Country Club during 2023 was $7,851. There are 24 employees at Lake City Country Club.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lake City Country Club?
Lake City Country Club's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lake City Country Club
Lake City Country Club, as revealed through the provided information, is primarily dedicated to providing a recreational space for its members and guests. This is achieved through the operation of a golf course and a clubhouse. The club serves as a sanctuary for individuals seeking relaxation and leisure activities, offering them an engaging golfing experience and socializing opportunities within the clubhouse. The specific details provided in the information suggest that Lake City Country Club focuses on the maintenance of its golf course and clubhouse, ensuring a high-quality experience for its patrons in the areas of groundskeeping, landscaping, and clubhouse services.
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Impact
October, 2024
Lake City Country Club plays a vital role in the recreational and social landscape of Lake City, Iowa. By operating a well-maintained golf course and clubhouse, the club creates a welcoming environment for members and guests to enjoy leisure activities, fostering a sense of community and encouraging outdoor engagement.
The impact of Lake City Country Club extends beyond just providing a venue for golf. It contributes to the local economy through job creation, especially in groundskeeping, landscaping, and clubhouse services. This employment not only supports livelihoods but also enhances the overall quality of the facilities and services offered to visitors and members.
Moreover, the club serves as a gathering place, promoting social interactions and connections among community members. Events and tournaments held at the club bring people together, enhancing community spirit while encouraging a healthy lifestyle through recreational activities. The presence of the country club reinforces Lake City’s commitment to providing recreational opportunities, enriching the lives of its residents and visitors alike.
This information is meant to be a general summary of Lake City Country 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $96,748
- Gross Receipts: $713,157
Assets and Liabilities:
- Total Assets: $542,559
- Total Liabilities: $237,734
- Net Assets: $304,825
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUILDING ASSESSMENT
Revenue
$34,200
SPECIAL EVENTS
Revenue
$12,654
GREEN FEES - 990T
Revenue
$12,069
SHED RENTAL
Revenue
$11,856
CART RENTAL - 990T
Revenue
$9,909
Organization Details
Founding Year
1937
Principal Officer
Jim Brown
NTEE Category
Code: N505 - Recreation
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