Overview
What is Magnolia Country Club?
Magnolia Country Club is a nonprofit institution situated in Magnolia, Arkansas. It offers a serene and tranquil environment for socializing and dining, with stunning views of its meticulously maintained 18-hole golf course. The primary purpose of this country club is to provide recreational and social opportunities for the local community. The club boasts a workforce of 34 individuals, committed to fostering a sense of community and camaraderie.
Is Magnolia Country Club legitimate?
Magnolia Country Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Magnolia 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: $233,618
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What is the mission statement of Magnolia Country Club?
The Magnolia Country Club serves as a hub for socialization and recreational activities within its local community. It provides an environment where individuals can engage and relax, offering facilities for enjoyable meals in a tranquil atmosphere overlooking a meticulously maintained 18-hole golf course. The club's primary objective is to foster social interactions and offer recreational opportunities for the community, enhancing their quality of life.
What is the revenue of Magnolia Country Club?
Magnolia Country Club's revenue in 2022 was $628,936.
Who are the executives of Magnolia Country Club and what are their salaries?
The average compensation at Magnolia Country Club during 2022 was $7,301. There are 32 employees at Magnolia Country Club.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Magnolia Country Club?
Magnolia Country Club's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Magnolia Country Club
Magnolia Country Club serves as a hub for socialization and recreational activities within the local community. Its mission is to provide an environment where individuals can engage in leisure activities and enjoy meals in a serene, comfortable setting. Overlooking a meticulously maintained 18-hole golf course, the country club offers restaurant and bar facilities, creating an ideal atmosphere for relaxation and socializing.
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Impact
October, 2024
Magnolia Country Club plays a vital role in fostering community connections and enhancing social well-being in Magnolia, Arkansas. By offering a welcoming environment for socialization and recreation, it serves as a gathering place for residents, promoting interaction and camaraderie among members.
The club's restaurant and bar facilities provide a comfortable setting where individuals can enjoy meals and engage with friends and family, all while overlooking a beautifully manicured 18-hole golf course. This picturesque backdrop adds to the overall experience, encouraging outdoor activities and relaxation.
By creating opportunities for recreation and leisure, Magnolia Country Club not only enriches the lives of its members but also strengthens local ties, making it an essential part of the community landscape.
This information is meant to be a general summary of Magnolia 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: $285
- Program Service Revenue: $448,588
- Gross Receipts: $732,797
Assets and Liabilities:
- Total Assets: $646,169
- Total Liabilities: $218,414
- Net Assets: $427,755
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$370,963
GOLF COURSE MEMBER
Revenue
$61,861
GOLF COURSE TOURNAMENT
Revenue
$15,734
POOL MEMBER
Revenue
$30
Organization Details
Principal Officer
John Ludwig
NTEE Category
Code: N50 - Recreation
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