Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Valley Golf Association
990 • Fiscal year 2022 • EIN 23-7139538
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.66x
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
26th percentile
Higher net margin than 26% of similar nonprofits.
Top Officer Pay
71st percentile
Higher top officer pay than 71% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
8th percentile
Faster asset growth than 8% of similar nonprofits.
Revenue Growth
26th percentile
Faster revenue growth than 26% of similar nonprofits.
Balance Sheet
Assets
Down$363,705
Down $92,675 (-20%) from 2021
Net Assets
Down$124,802
Down $34,237 (-22%) from 2021
Liabilities
Down$238,903
Down $58,438 (-20%) from 2021
Revenue And Expenses
Revenue
Down$542,766
Down $45,755 (-7.8%) from 2021
Expenses
Down$577,003
Down $4,679 (-0.8%) from 2021
Net Income
Down-$34,237
Down $41,076 (-601%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Sep 29, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $653,183
Mission and Program Overview
Mission
To provide a recreational golf facility whose program services serve the residents of east grand forks, minnesota.
Recreational golf facility whose program services serve the residents of east grand forks, minnesota.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cap Stk Tr Prin Current Funds | $280,400 | $280,400 | → $0 |
| Land, Buildings, and Equipment, Net | $249,143 | $238,146 | ▼ $10,997 |
| Inventories for Sale or Use | $39,502 | $61,534 | ▲ $22,032 |
| Savings and Temporary Cash Investments | $136,926 | $38,477 | ▼ $98,449 |
| Cash and Non-Interest-Bearing Accounts | $21,980 | $11,614 | ▼ $10,366 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Rtn Earn Endowment Incm Other Fnds | $-121,361 | $-155,598 | ▼ $34,237 |
| Total Assets | $456,380 | $363,705 | ▼ $92,675 |
| Other Assets Total | $8,829 | $13,934 | ▲ $5,105 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $227,317 | $169,911 | ▼ $57,406 |
| Accounts Payable and Accrued Expenses | $50,093 | $45,880 | ▼ $4,213 |
| Deferred Revenue | $19,931 | $23,112 | ▲ $3,181 |
| Total Liabilities | $297,341 | $238,903 | ▼ $58,438 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $159,039 | $124,802 | ▼ $34,237 |
| Total Liabilities and Net Assets / Fund Balance | $456,380 | $363,705 | ▼ $92,675 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $71,009 | $929,201 | $1,000,210 |
| Leasehold Improvements | $24,523 | $575,536 | $600,059 |
| Equipment | $98,727 | $175,959 | $274,686 |
| Other Land Buildings | $5,634 | $42,312 | $47,946 |
| Land | $38,253 | - | $38,253 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Chad Frost | President |
| Kevin Weber | Vice President |
| Andrew Robertson | Director |
| Cory Von Rueden | Director |
| Mark Miller | Director |
| Steve Ristau | Director |
| Susan Thiel | Secretary |
| Brian Loer | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $348,095
- Investment Income
- $59
- Other Revenue
- $194,612
- Change in Net Assets
- $-34,237
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $294,195 |
| Salaries, Compensation, and Employee Benefits | $282,808 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $257,887 | $1,736 | - | $259,623 |
| All Other Expenses | $87,118 | - | - | $87,118 |
| Depreciation Depletion | $49,498 | - | - | $49,498 |
| Other Expenses | $28,655 | - | - | $28,655 |
| Payroll Taxes | $21,186 | $133 | - | $21,319 |
| Insurance | $16,962 | - | - | $16,962 |
| Interest | $6,707 | - | - | $6,707 |
| Advertising | $6,621 | - | - | $6,621 |
| Pension Plan Contributions | $1,814 | $52 | - | $1,866 |
| Office Expenses | $549 | - | - | $549 |
| Total Functional Expenses | $575,082 | $1,921 | $0 | $577,003 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Subject to proxy tax
- No
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- No
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 6
“Individuals may become stockholders by purchasing stock of the organiation at a stated price.”
Form 990, Part VI, Section A, Line 7A
“An annual meeting is held to elect board members for the organiation.”
Form 990, Part VI, Section A, Line 8B
“There are no committees with authority to act on behalf of the governing body. The committees bring recommendations to the governing body. No documentation of the committee meetings is kept.”
Form 990, Part VI, Section B, Line 11B
“The 990 will be reviewed by the board members prior to filing.”
Form 990, Part VI, Section C, Line 19
“The oraganization provides a name, address and phone number for which the public may request copies of the organization's governing documents, policies, and financial statements on their website.”
Filing and Contact Details
Filer
- Filer Name
- Valley Golf Association
- EIN
- 23-7139538
- Phone
- 2187731207
- Address
- PO BOX 461, EAST GRAND FORKS, MN 56721
Signing Officer
- Name
- Chad Frost
- Title
- President
- Phone
- 2187731207
- Signed
- 2023-09-29
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Chad Frost
- Formed
- 1971
- Legal Domicile
- Mn
- Voting Board Members
- 8
- Independent Board Members
- 8
- Employees
- 36
- Volunteers
- 0
Preparer
- Firm
- Phil Thompson & Associates Llp
- Address
- 140 GATEWAY DR NE SUITE 2, EAST GRAND FORKS, MN 56721
- Preparer
- Taylor Ryan
- Phone
- 2182072296
Supplemental Narrative
Additional Explanations
Form 990, Part IX, Line 24E
“Real estate taxes: program service expenses 25,887. Management and general expenses 0. Fundraising expenses 0. Total expenses 25,887. Gas & oil: program service expenses 22,229. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,229. Utilities: program service expenses 17,690. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,690. Lease expense: program service expenses 9,150. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,150. Landscaping: program service expenses 6,473. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,473. Small tools & supplies: program service expenses 5,058. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,058. Telephone: program service expenses 564. Management and general expenses 0. Fundraising expenses 0. Total expenses 564. Miscellaneous: program service expenses 67. Management and general expenses 0. Fundraising expenses 0. Total expenses 67.”
Raw XML Appendix387 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 50093 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 45880 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | RECREATIONAL GOLF FACILITY WHOSE PROGRAM SERVICES SERVE THE RESIDENTS OF EAST GRAND FORKS, MINNESOTA. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 6621 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 6621 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 87118 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 87118 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | JEFF KAMEDULA |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2187731207 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2407 RIVER ROAD NW |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | EAST GRAND FORKS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 56721 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 280400 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 280400 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 21980 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 11614 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CostOfGoodsSoldAmt | 0 | 110417 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 59 |
| IRS990/CYOtherExpensesAmt | 0 | 294195 |
| IRS990/CYOtherRevenueAmt | 0 | 194612 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 348095 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -34237 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 282808 |
| IRS990/CYTotalExpensesAmt | 0 | 577003 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 542766 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 19931 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 23112 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 49498 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 49498 |
| IRS990/Desc | 0 | TO PROVIDE A RECREATIONAL GOLF FACILITY WHOSE PROGRAM SERVICES SERVE THE RESIDENTS OF EAST GRAND FORKS, MINNESOTA. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 36 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 575082 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | CHAD FROST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | KEVIN WEBER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | SUSAN THIEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | BRIAN LOER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | STEVE RISTAU |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | CORY VON RUEDEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | ANDREW ROBERTSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | MARK MILLER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 1971 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 653183 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 305029 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 16962 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 16962 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 6707 |
| IRS990/InterestGrp/TotalAmt | 0 | 6707 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 39502 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 61534 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 59 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 59 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1723008 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 249143 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 238146 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1961154 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROVIDE A RECREATIONAL GOLF FACILITY WHOSE PROGRAM SERVICES SERVE THE RESIDENTS OF EAST GRAND FORKS, MINNESOTA. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 227317 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 169911 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 159039 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 124802 |
| IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 194612 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 194612 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 549 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 549 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 8829 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 13934 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | DUES & PROFESSIONAL FEE |
| IRS990/OtherExpensesGrp/Desc | 1 | CHEMICAL, SEED, FERTILI |
| IRS990/OtherExpensesGrp/Desc | 2 | COURSE EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 3 | REPAIRS & MAINTENANCE |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 36160 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 31691 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 30234 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 28655 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 36160 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 31691 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 30234 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 28655 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 1736 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 257887 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 259623 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 133 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 21186 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 21319 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 52 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 1814 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 1866 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | CHAD FROST |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 713910 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 713910 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 713910 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 713910 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 713910 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | GREEN FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | DUES |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | PUNCH CARDS |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | CART STORAGE |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | DRIVING RANGE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 154690 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 99900 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 21572 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 18110 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | 17731 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 154690 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 99900 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 21572 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 18110 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 17731 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 580 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 142 |
| IRS990/PYOtherExpensesAmt | 0 | 324304 |
| IRS990/PYOtherRevenueAmt | 0 | 206127 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 381672 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 6839 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 257378 |
| IRS990/PYTotalExpensesAmt | 0 | 581682 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 588521 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -34237 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 542707 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | -121361 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | -155598 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 136926 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 38477 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 71009 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 929201 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1000210 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 98727 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 175959 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 274686 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 38253 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 38253 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 24523 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 575536 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 600059 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 5634 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 42312 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 47946 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 238146 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | INDIVIDUALS MAY BECOME STOCKHOLDERS BY PURCHASING STOCK OF THE ORGANIATION AT A STATED PRICE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AN ANNUAL MEETING IS HELD TO ELECT BOARD MEMBERS FOR THE ORGANIATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THE COMMITTEES BRING RECOMMENDATIONS TO THE GOVERNING BODY. NO DOCUMENTATION OF THE COMMITTEE MEETINGS IS KEPT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE 990 WILL BE REVIEWED BY THE BOARD MEMBERS PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORAGANIZATION PROVIDES A NAME, ADDRESS AND PHONE NUMBER FOR WHICH THE PUBLIC MAY REQUEST COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ON THEIR WEBSITE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | REAL ESTATE TAXES: PROGRAM SERVICE EXPENSES 25,887. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,887. GAS & OIL: PROGRAM SERVICE EXPENSES 22,229. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,229. UTILITIES: PROGRAM SERVICE EXPENSES 17,690. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,690. LEASE EXPENSE: PROGRAM SERVICE EXPENSES 9,150. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,150. LANDSCAPING: PROGRAM SERVICE EXPENSES 6,473. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,473. SMALL TOOLS & SUPPLIES: PROGRAM SERVICE EXPENSES 5,058. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,058. TELEPHONE: PROGRAM SERVICE EXPENSES 564. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 564. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 67. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 67. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART IX, LINE 24E |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 456380 |
| IRS990/TotalAssetsEOYAmt | 0 | 363705 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 456380 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 363705 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 36 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 1921 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 575082 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 577003 |
| IRS990/TotalGrossUBIAmt | 0 | 59 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 297341 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 238903 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 297341 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 238903 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 159039 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 124802 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt | 0 | 36092 |
| IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt | 0 | 36092 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 575082 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 348095 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 542707 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 542766 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 59 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 456380 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 363705 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | PO BOX 461 |
| IRS990/USAddress/CityNm | 0 | EAST GRAND FORKS |
| IRS990/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/USAddress/ZIPCd | 0 | 56721 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 8 |
| IRS990/VotingMembersIndependentCnt | 0 | 8 |
| IRS990/WebsiteAddressTxt | 0 | WWW.VALLEYGOLFEGF.COM |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CHAD FROST |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2187731207 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-09-29 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | VALLEY GOLF ASSOCIATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | VALL |
| ReturnHeader/Filer/EIN | 0 | 237139538 |
| ReturnHeader/Filer/PhoneNum | 0 | 2187731207 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 461 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | EAST GRAND FORKS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 56721 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 202082355 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | PHIL THOMPSON & ASSOCIATES LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 140 GATEWAY DR NE SUITE 2 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | EAST GRAND FORKS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 56721 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2182072296 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-09-29 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | TAYLOR RYAN |
| ReturnHeader/ReturnTs | 0 | 2023-11-06T16:43:28-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | CHAD |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | FROST |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $363,705
- Liabilities
- $238,903
- Net assets
- $124,802
- Revenue
- $542,766
- Expenses
- $577,003
- Net income
- -$34,237