Overview
What is Lakeside Country Club?
Lakeside Country Club is a private golfing facility located in Faulkton, South Dakota. The club serves as a recreational haven for its members and their families, offering them the opportunity to enjoy golfing on the exclusive course. Approximately 300 members and their families utilize the course for their golfing activities. Apart from its membership base, the Faulkton School also utilizes the golf course at no cost, providing golf lessons to its students. In addition, non-members can access the course when the members are not using it, for a predetermined fee. The club employs a team of 13 individuals to manage its operations.
Is Lakeside Country Club legitimate?
Lakeside Country Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lakeside 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: $44,734
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,968
For more financial information, click here
What is the mission statement of Lakeside Country Club?
Lakeside Country Club serves as a private golfing destination for its members and their families. Beyond its membership base, non-members can also utilize the golf course upon paying a fee when the club is not in use. Notably, the Faulkton School leverages the golf course for free, offering golf lessons to its students. In essence, Lakeside Country Club functions as a sanctuary for golf enthusiasts, providing an exclusive golfing experience for its members and a secondary option for non-members, while also supporting local education by accommodating the Faulkton School's golf program.
Who is the CEO of Lakeside Country Club?
Matthew Bossly is the Director of Lakeside Country Club.
What is the revenue of Lakeside Country Club?
Lakeside Country Club's revenue in 2022 was $177,454.
Who are the executives of Lakeside Country Club and what are their salaries?
The average compensation at Lakeside Country Club during 2022 was $3,592. There are 13 employees at Lakeside Country Club.
Here are 8 key members and their salaries:
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- Compensation: $3,600
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Where can I find the form 990 for Lakeside Country Club?
Lakeside Country Club's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lakeside Country Club
Lakeside Country Club, a private golf establishment, serves as a sanctuary for its approximately 300 members and their families to indulge in golfing activities. Beyond its membership, the club also extends the use of its golf course to non-members, provided that members are not utilizing it at the time. Additionally, The Faulkton School takes advantage of the golf course, utilizing it for free to teach golfing skills to its students. In essence, Lakeside Country Club is a haven for golf enthusiasts, offering a private space for its members and an opportunity for non-members to partake in the sport during the members' absence.
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Impact
October, 2024
Lakeside Country Club serves as a vital recreational hub for the Faulkton community, providing a well-maintained private golf course primarily for its members and their families. With around 300 members, the club fosters a sense of community and offers a space for social interaction and leisure through golf.
The course not only benefits its members but also opens its doors to non-members during times when it is not in use by members, allowing greater access to the sport. Notably, the local Faulkton School takes advantage of this invaluable resource, utilizing the golf course at no cost to enhance their golf education program. This partnership enriches the community by promoting youth engagement in the sport and supporting athletic development.
Overall, Lakeside Country Club contributes to the local economy by attracting visitors, enhancing community well-being, and fostering future generations' interest in golfing through educational opportunities. Its impact extends beyond golf, nurturing camaraderie and engagement within the Faulkton community.
This information is meant to be a general summary of Lakeside 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 2022.
- Investment Income: $13
- Program Service Revenue: $34,634
- Gross Receipts: $236,130
Assets and Liabilities:
- Total Assets: $354,438
- Total Liabilities: $207,977
- Net Assets: $146,461
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GREENS FEES
Revenue
$17,125
CART SPACE RENTAL
Revenue
$11,925
CART RENTAL
Revenue
$4,534
CLUBHOUSE RENT
Revenue
$1,050
Organization Details
Founding Year
1969
Phone
(605) 598-4194Principal Officer
Matthew Bossly
Main Address
PO BOX 524, FAULKTON, SD, 574380524
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