Columbia Missouri Investment Company

Columbia Country Club

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

EIN: 431705073 ✦ Columbia, MO ✦ Designated as a 501(c)(2)

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Overview

What is Columbia Missouri Investment Company?

Columbia Missouri Investment Company functions as a title-holding entity for the Columbia Country Club, operating under the tax-exempt status of a 501c7 organization. Its primary mission is to safeguard the title to real property on behalf of this nonprofit entity. By doing so, it plays an essential role in maintaining the organization's property interests, ensuring the smooth operation of its facilities within Columbia, Missouri.

Is Columbia Missouri Investment Company legitimate?

Columbia Missouri Investment Company is a legitimate nonprofit organization registered as a 501(c)(2) entity. Columbia Missouri Investment Company 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: $1,300,024

For more financial information, click here

What is the mission statement of Columbia Missouri Investment Company?

The Columbia Missouri Investment Company serves as a title holding entity for a 501c7 organization, primarily holding title to real property on their behalf. In essence, their mission is to act as a custodian for the real estate assets of this non-profit entity. This role ensures the secure and proper management of the property, providing a vital service to the associated 501c7 organization.

What is the revenue of Columbia Missouri Investment Company?

Columbia Missouri Investment Company's revenue in 2023 was $3,361,718.

Who are the executives of Columbia Missouri Investment Company and what are their salaries?

Here are 9 key members and their salaries:


Matt Salberg (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Tutt (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Harrison (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Lippmann (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karla Church (Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamold Little (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Kirbey (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clint Martin (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Twig Wood (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Columbia Missouri Investment Company?

Columbia Missouri Investment Company's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Columbia Missouri Investment Company

Columbia Missouri Investment Company serves a unique role as a title holding company, specifically for a 501c7 entity. In simpler terms, this organization holds the title to real property on behalf of this particular nonprofit entity. This mission is crucial in ensuring the proper ownership and management of real estate properties, enabling the associated nonprofit to focus on its primary objectives without the added burden of property management. By acting as a title holding company, Columbia Missouri Investment Company plays a vital role in supporting the operations of the 501c7 entity, ultimately contributing to its overall mission and impact.

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Impact




October, 2024

Columbia Missouri Investment Company plays a crucial role in managing and securing real estate assets for the Columbia Country Club. By holding title to real property, it ensures that these assets are safeguarded and maintained in accordance with the interests of the club's members. This strategic positioning allows the Columbia Country Club to focus on its core activities while benefiting from the stability and oversight provided by the investment company. The impact of this arrangement enhances the club's operational efficiency and contributes to the overall development of recreational and social spaces in Columbia, Missouri.




This information is meant to be a general summary of Columbia Missouri Investment Company. 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
$3,361,718 (2023)
Expenses
$3,188,473 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $46,773
  • Program Service Revenue: $1,788,944
  • Gross Receipts: $3,361,718

Assets and Liabilities:

  • Total Assets: $4,722,672
  • Total Liabilities: $1,736,162
  • Net Assets: $2,986,510

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Programs

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

USAGE FEES/CART RENTAL

Revenue

$20,937

GREEN/GUEST FEES

Revenue

$378,832

ROOM RENTAL/MISC

Revenue

$95,874

FOOD BEVERAGE

Revenue

$1,291,261

SWIM/TENNIS

Revenue

$2,040

Organization Details

Founding Year

1950

Principal Officer

Matt Tutt

NTEE Category

Code: Z99 - Unknown

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