Overview
What is Old Works Golf Course Inc?
Old Works Golf Course Inc, situated in Anaconda, Montana, serves as a significant contributor to the local economy. This nonprofit entity attracts visitors to the region with its golf course, stimulating spending at nearby restaurants, hotels, motels, and retail shops. The revenue generated by the golf course directly supports local and regional retailers and wholesalers through purchases of goods and services. Furthermore, the course's operations create job opportunities, both directly and indirectly in industries that support tourism. Beyond its economic impact, Old Works Golf Course Inc is responsible for managing and maintaining the golf course, preserving its historical sites and facilities, and promoting economic development for the city-county.
Official website here: www.playoldworks.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 85% - Three-Star out of Four Star Rating
Old Works Golf Course Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in the area of Accountability and Finance. The score reflects a strong commitment to financial transparency and governance, as evidenced by the organization having a fully independent board and a robust audit and oversight committee. Additionally, they have successfully documented board meeting minutes and maintain a whistleblower policy.
The organization demonstrates good financial health, with a low liabilities-to-assets ratio of 16.17%, which suggests a stable financial position. The program expense ratio of 67.52% indicates that a substantial portion of their funds is directed towards programs rather than administrative costs, aligning with best practices for nonprofit financial management.
While the organization's overall rating is commendable, it is important for potential donors and stakeholders to consider any areas for improvement in program impact and community outreach. The focus on financial accountability is a strong point, but further information about the effectiveness of their programs would provide a more comprehensive understanding of their overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Old Works Golf Course Inc legitimate?
Old Works Golf Course Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Old Works Golf Course 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: $0
For more financial information, click here
Official website here: www.playoldworks.com
What is the mission statement of Old Works Golf Course Inc?
Old Works Golf Course Inc's mission is centered around overseeing the management and maintenance of its golf course, while simultaneously preserving the historical sites and facilities. The organization aims to stimulate economic development for the surrounding city-county by attracting visitors, reinvesting course revenues into the local community, and creating job opportunities. Visitors who come for golf often spend money at local businesses, such as restaurants, hotels, and retail shops, thereby supporting the local economy. Furthermore, Old Works Golf Course Inc's operations directly support local and regional retailers and wholesalers by purchasing goods and services with its revenues. This not only generates employment opportunities within the tourism industry but also indirectly supports jobs related to the supply chain.
Official website here: www.playoldworks.com
Who is the CEO of Old Works Golf Course Inc?
Daryl Dodd is the Chair of Old Works Golf Course Inc. The CEO's salary of Old Works Golf Course Inc is $0 and their total compensation is $0.
Official website here: www.playoldworks.com
What is the revenue of Old Works Golf Course Inc?
Old Works Golf Course Inc's revenue in 2022 was $3,159,460.
Official website here: www.playoldworks.com
Who are the executives of Old Works Golf Course Inc and what are their salaries?
Here are 8 key members and their salaries (Old Works Golf Course Inc's CEO's salary is $0 and their total compensation is $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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.playoldworks.com
Where can I find the form 990 for Old Works Golf Course Inc?
Old Works Golf Course Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.playoldworks.com
Learn more at the official website: www.playoldworks.com
Mission Statement of Old Works Golf Course Inc
Old Works Golf Course Inc, in its mission, is responsible for overseeing the management and maintenance of the golf course. The primary objective of this nonprofit organization is to operate, manage, and maintain the golf course and its improvements while preserving the historical significance of the sites and facilities. This preservation effort is not just about maintaining the physical structures, but also about fostering economic development for the surrounding city-county.
Old Works Golf Course Inc contributes significantly to the local economy by attracting visitors to the region. These visitors, drawn by the golf course, spend money at local businesses, such as restaurants, hotels, and retail shops. The revenue generated by the golf course is reinvested in the local community, thereby supporting local and regional retailers and wholesalers. The increased spending patterns resulting from the golf course visitors' activities create jobs in industries that support tourism, in addition to the positions directly supported by the golf course operations.
In essence, Old Works Golf Course Inc serves as a catalyst for economic growth and development in its locality. By preserving historical sites and facilities while operating a well-maintained golf course, the organization attracts visitors who, in turn, stimulate local economic activity. This multi-faceted approach to economic development and historic preservation positions Old Works Golf Course Inc as a vital contributor to its community's prosperity.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Old Works Golf Course Inc, through its management and maintenance of the Old Works Golf Course, has a significant impact on the local economy in Anaconda, Montana. The golf course draws visitors into the region, which in turn stimulates economic activity by encouraging spending at local businesses such as restaurants, hotels, motels, and retail shops.
Furthermore, Old Works Golf Course reinvests its revenues back into the local community, supporting local retailers and wholesalers through its purchasing of goods and services. This not only creates jobs directly within the golf course operations but also indirectly supports employment in industries that cater to tourism.
Overall, Old Works Golf Course Inc plays a vital role in promoting economic development, historic preservation, and community growth in Anaconda, MT, making it a key contributor to the local economy.
This information is meant to be a general summary of Old Works Golf Course 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 2022.
- Program Service Revenue: $2,865,607
- Gross Receipts: $3,510,858
Assets and Liabilities:
- Total Assets: $3,352,972
- Total Liabilities: $542,477
- Net Assets: $2,810,495
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISC PROGRAM INCOME
Revenue
$1,768,053
GREEN FEES AND PASSES
Revenue
$1,097,554
Organization Details
Founding Year
1993
Phone
(480) 477-0545Principal Officer
Daryl Dodd
Main Address
1205 PIZZINI WAY, ANACONDA, MT, 59711
Website
www.playoldworks.comNTEE Category
Code: N6A - Recreation
If you are a representative of Old Works Golf Course Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.