Civic Intelligence

Spring Lake Association

990 • Fiscal year 2018 • EIN 37-0527420

Jan 01, 2018 to Dec 31, 2018 • Filed on Mar 08, 2019

5215 Clubhouse DriveQuincy, IL 62301

(217) 222-5250

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

96th percentile

1.12x

Higher debt load relative to assets than 96% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

72nd percentile

1.03x

Higher debt load relative to revenue than 72% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2018

Net Margin

49th percentile

3.1%

Higher net margin than 49% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2018

Asset Growth

74th percentile

5.6%

Faster asset growth than 74% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

72nd percentile

8.4%

Faster revenue growth than 72% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,529,579

Up $80,612 (+5.6%) from 2017

Net Assets

Up

-$178,258

Up $42,591 (+19%) from 2017

Liabilities

Up

$1,707,837

Up $38,021 (+2.3%) from 2017

Revenue

Up

$1,657,164

Up $128,319 (+8.4%) from 2017

Expenses

Up

$1,605,913

Up $23,639 (+1.5%) from 2017

Net Income

Up

$51,251

Up $104,680 (+196%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $5,290,987Liabilities 2010: $1,336,480Net Assets 2010: $3,954,5072010Assets 2011: $5,582,340Liabilities 2011: $1,976,391Net Assets 2011: $3,605,9492011Assets 2014: $1,506,930Liabilities 2014: $1,638,719Net Assets 2014: -$131,7892014Assets 2015: $1,490,523Liabilities 2015: $1,635,367Net Assets 2015: -$144,8442015Assets 2017: $1,448,967Liabilities 2017: $1,669,816Net Assets 2017: -$220,8492017Assets 2018: $1,529,579Liabilities 2018: $1,707,837Net Assets 2018: -$178,2582018Assets 2019: $1,679,555Liabilities 2019: $1,880,635Net Assets 2019: -$201,0802019Assets 2020: $1,558,867Liabilities 2020: $1,843,357Net Assets 2020: -$284,4902020Assets 2021: $1,732,222Liabilities 2021: $1,741,585Net Assets 2021: -$9,3632021Assets 2022: $1,925,621Liabilities 2022: $1,259,108Net Assets 2022: $666,5132022Assets 2023: $2,224,553Liabilities 2023: $1,413,930Net Assets 2023: $810,6232023Assets 2024: $2,044,818Liabilities 2024: $1,187,774Net Assets 2024: $857,0442024

Highlighted filing

2018

Assets$1,529,579
Liabilities$1,707,837
Net Assets-$178,258

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,205,1132010Expenses 2011: $1,910,7382011Revenue 2014: $1,410,676Expenses 2014: $1,448,112Net Income 2014: -$37,4362014Revenue 2015: $1,358,575Expenses 2015: $1,348,010Net Income 2015: $10,5652015Revenue 2017: $1,528,845Expenses 2017: $1,582,274Net Income 2017: -$53,4292017Revenue 2018: $1,657,164Expenses 2018: $1,605,913Net Income 2018: $51,2512018Revenue 2019: $1,580,620Expenses 2019: $1,583,442Net Income 2019: -$2,8222019Revenue 2020: $1,396,088Expenses 2020: $1,484,498Net Income 2020: -$88,4102020Revenue 2021: $1,984,552Expenses 2021: $1,713,205Net Income 2021: $271,3472021Revenue 2022: $2,005,233Expenses 2022: $1,925,772Net Income 2022: $79,4612022Revenue 2023: $2,090,583Expenses 2023: $1,951,973Net Income 2023: $138,6102023Revenue 2024: $2,310,848Expenses 2024: $2,268,677Net Income 2024: $42,1712024

Highlighted filing

2018

Revenue$1,657,164
Expenses$1,605,913
Net Income$51,251
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 8, 2019
Return Version
2018v3.1
Gross Receipts
$1,844,637
Mission and Program Overview

Mission

To provide golf and outdoor fellowship to all members and guests

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,062,997$1,046,787▼ $16,210
Cash and Non-Interest-Bearing Accounts$179,532$248,245▲ $68,713
Accounts Receivable$132,471$151,118▲ $18,647
Inventories for Sale or Use$35,246$42,937▲ $7,691
Prepaid Expenses and Deferred Charges$38,721$40,492▲ $1,771
Total Assets$1,448,967$1,529,579▲ $80,612
Liabilities
Mortgage Notes Payable Secured by Investment Property$816,068$778,601▼ $37,467
Other Liabilities$550,000$562,500▲ $12,500
Accounts Payable and Accrued Expenses$219,131$286,702▲ $67,571
Deferred Revenue$84,617$80,034▼ $4,583
Total Liabilities$1,669,816$1,707,837▲ $38,021
Net Assets / Fund Balance
Temporarily Rstr Net Assets$469,370$696,285▲ $226,915
Permanently Rstr Net Assets$181,160--
Unrestricted Net Assets$-871,379$-874,543▼ $3,164
Total Net Assets Fund Balance$-220,849$-178,258▲ $42,591
Total Liabilities and Net Assets / Fund Balance$1,448,967$1,529,579▲ $80,612

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$895,571$768,418$1,663,989
Land$151,216-$151,216
Compensation and Service Providers

Board Members and Trustees

NameTitle
Vic WingerterPresident
Carl AdamsDirector
Dan CookDirector
Joseph OsierDirector
Martin WagnerDirector
Randy McreynoldsDirector
Rich PoeDirector
Dennis SmithSecretary
Ted NiemannVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$42,004
Program Service Revenue
$1,154,051
Investment Income
$35,408
Other Revenue
$425,701
All Other Contributions
$42,004
Change in Net Assets
$51,251
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$834,801
Salaries, Compensation, and Employee Benefits$771,112
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$589,879$109,495-$699,374
All Other Expenses$77,141$9,543-$86,684
Occupancy$34,475$50,459-$84,934
Insurance$63,668$15,917-$79,585
Depreciation Depletion$43,030$35,776-$78,806
Payroll Taxes$56,559$15,179-$71,738
Other Expenses$46,680$4,585-$51,265
Interest$30,482$7,620-$38,102
Fees for Services Other$28,383$3,367-$31,750
Fees for Services Legal$11,650$1,990-$13,640
Total Functional Expenses$1,301,197$304,716$0$1,605,913
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Stock Redemption$562,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Backup withholding compliance
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Classes of members or stockholders members

Form 990, Page 6, Part VI, Line 7A

Election of members and their rights each year, the membership elects by ballot three directors at the annual meeting. Directors serve three year terms.

Form 990, Page 6, Part VI, Line 7B

Decisions subject to approval of members changes of the bylaws and significant capital expenditures must be approved by the full membership

Form 990, Page 6, Part VI, Line 11B

Return provided to finance committee for review prior to filing

Form 990, Page 6, Part VI, Line 19

Governing documents, policies, and financial statements are made available to members at the annual meeting and upon request to the general public

Filing and Contact Details

Filer

Filer Name
Spring Lake Association
EIN
37-0527420
Phone
2172225250
Address
5215 CLUBHOUSE DRIVE, QUINCY, IL 62301

Signing Officer

Name
Ted Niemann
Title
Vice President
Phone
2172225250
Signed
2019-03-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ted Niemann
Formed
1916
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
0
Employees
97

Preparer

Firm
Danielle M Fleer CPA Pc
Address
P O BOX 3181, QUINCY, IL 62305
Preparer
Danielle M Fleer
Phone
2172220072
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

SEE 1, 2 & 3 ABOVE

Form 990, Part XI, Line 9

Stock redemption -12,500 stock purchases 3,840 total -8,660

Raw XML Appendix384 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.

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IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt029102
IRS990/ProgSrvcAccomActy2Grp/Desc0RESTAURANT - THE SPRING LAKE COUNTRY CLUB DINING FACILITY WAS OPEN YEAR ROUND TO MEMBERS AND THEIR GUESTS IN 2018 WITH THE EXCEPTION OF MONDAYS. THE CLUBROOM WAS OPEN 78 DAYS IN 2018. THE CLUBROOM IS GENERALLY OPEN (WEATHER PERMITTING) FROM MEMORIAL DAY THROUGH LABOR DAY. APPROXIMATELY 19,637 PEOPLE WERE SERVED IN THE RESTAURANT AND 2,022 PEOPLE IN THE CLUBROOM DURING 2018. DURING THE YEAR THE CLUB HOSTED NUMEROUS PRIVATE PARTIES, BANQUETS, BUSINESS MEETINGS, SHOWERS, AND WEDDING RECEPTIONS.
IRS990/ProgSrvcAccomActy3Grp/Desc0POOL - SPRING LAKE COUNTRY CLUB'S POOL/BEACH WAS OPEN APPROXIMATELY 70 DAYS FROM ABOUT MEMORIAL DAY TO LABOR DAY AND SERVED APPROXIMATELY 3,790 PEOPLE
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SEE 1, 2 & 3 ABOVE
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0219
IRS990/PYOtherExpensesAmt0803123
IRS990/PYOtherRevenueAmt0445603
IRS990/PYProgramServiceRevenueAmt01083023
IRS990/PYRevenuesLessExpensesAmt0-53429
IRS990/PYSalariesCompEmpBnftPaidAmt0779151
IRS990/PYTotalExpensesAmt01582274
IRS990/PYTotalRevenueAmt01528845
IRS990/ReconcilationRevenueExpnssAmt051251
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0151216
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0151216
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0895571
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0768418
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01663989
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0562500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0STOCK REDEMPTION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01046787
IRS990ScheduleD/TotalLiabilityAmt0562500
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SEE 1, 2 & 3 ABOVE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CLASSES OF MEMBERS OR STOCKHOLDERS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ELECTION OF MEMBERS AND THEIR RIGHTS EACH YEAR, THE MEMBERSHIP ELECTS BY BALLOT THREE DIRECTORS AT THE ANNUAL MEETING. DIRECTORS SERVE THREE YEAR TERMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DECISIONS SUBJECT TO APPROVAL OF MEMBERS CHANGES OF THE BYLAWS AND SIGNIFICANT CAPITAL EXPENDITURES MUST BE APPROVED BY THE FULL MEMBERSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RETURN PROVIDED TO FINANCE COMMITTEE FOR REVIEW PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO MEMBERS AT THE ANNUAL MEETING AND UPON REQUEST TO THE GENERAL PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6STOCK REDEMPTION -12,500 STOCK PURCHASES 3,840 TOTAL -8,660
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0469370
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0696285
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01448967
IRS990/TotalAssetsEOYAmt01529579
IRS990/TotalAssetsGrp/BOYAmt01448967
IRS990/TotalAssetsGrp/EOYAmt01529579
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt042004
IRS990/TotalEmployeeCnt097
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0304716
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01301197
IRS990/TotalFunctionalExpensesGrp/TotalAmt01605913
IRS990/TotalGrossUBIAmt029102
IRS990/TotalLiabilitiesBOYAmt01669816
IRS990/TotalLiabilitiesEOYAmt01707837
IRS990/TotalLiabilitiesGrp/BOYAmt01669816
IRS990/TotalLiabilitiesGrp/EOYAmt01707837
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-220849
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-178258
IRS990/TotalProgramServiceRevenueAmt01154051
IRS990/TotalRevenueGrp/ExclusionAmt0171
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01585887
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01657164
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt029102
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01448967
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01529579
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-871379
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-874543
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02748 WILDHORSE
IRS990/USAddress/CityNm0QUINCY
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd062305
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.SPRINGLAKECOUNTRYCLUB.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TED NIEMANN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02172225250
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPRING LAKE ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0SPRI
ReturnHeader/Filer/EIN0370527420
ReturnHeader/Filer/PhoneNum02172225250
ReturnHeader/Filer/USAddress/AddressLine1Txt05215 CLUBHOUSE DRIVE
ReturnHeader/Filer/USAddress/CityNm0QUINCY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd062301
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId08D60187DC4738B28876F7A9B60EDE48FB2386B0A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08D60187DC4738B28876F7A9B60EDE48FB2386B0A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.73.83.128
ReturnHeader/FilingSecurityInformation/IPDt02019-03-26
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm006:07:03
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203722677
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DANIELLE M FLEER CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O BOX 3181
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0QUINCY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062305
ReturnHeader/PreparerPersonGrp/PhoneNum02172220072
ReturnHeader/PreparerPersonGrp/PreparationDt02019-03-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIELLE M FLEER
ReturnHeader/ReturnTs02019-03-26T06:07:03-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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