Ida Grove Golf & Country Club in Ida Grove, Iowa (IA)

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Ida Grove Golf & Country Club
Employer Identification Number (EIN)420672083
Name of OrganizationIda Grove Golf & Country Club
AddressPO BOX 67, Ida Grove, IA 51445-0067
ActivitiesOther social activities, Other recreational activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date11/1969
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$235,013
Amount of Income$328,164
Form 990 Revenue Amount$255,542


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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $21,813
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$269,490
Contributions, Gifts, Grants and Other Similar Amounts$111,428
Program Service Revenue$1,700
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$42
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$31,452
Gross rents (Real / Personal)$24,914 / $11,013
Less: rental expenses (Real / Personal)$0 / $4,475
Rental income or (loss) (Real / Personal)$24,914 / $6,538
Net gain from sales of assets other than inventory$0
Net income from fundraising events$1,899
Gross income from fundraising events$4,124
Less: direct expenses$2,225
Net income from gaming activities$0
Net income from sales of inventory$77,688
Gross sales of inventory, less returns and allowances$148,968
Less: cost of goods sold$71,280
Miscellaneous Revenue$45,281
Statement of Functional Expenses (for 2012)
Total functional expenses$246,571
Compensation of current officers, directors, trustees, and key employees$52,500
Other salaries and wages$46,855
Payroll taxes$13,564
Professional fundraising services$0
Other$133,652
Balance Sheet (for 2012)
Total assets$242,072
Total liabilities$5,674
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$5,674
Total net assets or fund balances$236,398
Retained earnings, endowment, accumulated income, or other funds$69,850
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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