Civic Intelligence

Spring Lake Association

990 • Fiscal year 2021 • EIN 37-0527420

Jan 01, 2021 to Dec 31, 2021 • Filed on May 05, 2022

5215 Clubhouse DriveQuincy, IL 62305

(217) 222-5250

Siviq Scores

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

Liabilities / Assets

96th percentile

1.01x

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

2021 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

70th percentile

0.88x

Higher debt load relative to revenue than 70% of similar nonprofits.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2021

Net Margin

59th percentile

14%

Higher net margin than 59% of similar nonprofits.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2021

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

82nd percentile

42%

Faster revenue growth than 82% of similar nonprofits.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,732,222

Up $173,355 (+11%) from 2020

Net Assets

Up

-$9,363

Up $275,127 (+97%) from 2020

Liabilities

Down

$1,741,585

Down $101,772 (-5.5%) from 2020

Revenue

Up

$1,984,552

Up $588,464 (+42%) from 2020

Expenses

Up

$1,713,205

Up $228,707 (+15%) from 2020

Net Income

Up

$271,347

Up $359,757 (+407%) from 2020

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

2021

Assets$1,732,222
Liabilities$1,741,585
Net Assets-$9,363

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

2021

Revenue$1,984,552
Expenses$1,713,205
Net Income$271,347
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 5, 2022
Return Version
2021v4.0
Gross Receipts
$2,212,784
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$1,111,400$1,093,960▼ $17,440
Cash and Non-Interest-Bearing Accounts$182,530$349,692▲ $167,162
Accounts Receivable$175,768$185,631▲ $9,863
Inventories for Sale or Use$43,790$58,450▲ $14,660
Prepaid Expenses and Deferred Charges$45,379$44,489▼ $890
Total Assets$1,558,867$1,732,222▲ $173,355
Liabilities
Mortgage Notes Payable Secured by Investment Property$992,111$914,276▼ $77,835
Other Liabilities$582,500$585,000▲ $2,500
Accounts Payable and Accrued Expenses$152,553$156,239▲ $3,686
Deferred Revenue$116,188$86,070▼ $30,118
Total Liabilities$1,843,352$1,741,585▼ $101,767
Net Assets / Fund Balance
Net Assets With Donor Restrictions$711,164$795,216▲ $84,052
Net Assets Without Donor Restrictions$-995,649$-804,579▲ $191,070
Total Net Assets Fund Balance$-284,485$-9,363▲ $275,122
Total Liabilities and Net Assets / Fund Balance$1,558,867$1,732,222▲ $173,355

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$943,092$974,773$1,917,865
Land$150,827-$150,827
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike RidderPresident
Dennis SloughDirector
Jason KateninDirector
Randy ShoverDirector
Steve PetersDirector
Todd FryieDirector
Ted NiemannPast Preside
Dennis SloughSecretary
Bob BeswickTreasurer
Jim DennisVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$57,757
Program Service Revenue
$1,233,195
Investment Income
$223
Other Revenue
$693,377
All Other Contributions
$57,757
Change in Net Assets
$271,347
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$901,733
Other Expenses$811,472
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$729,815$89,647-$819,462
Occupancy$34,900$55,409-$90,309
Depreciation Depletion$53,375$35,773-$89,148
Insurance$68,663$17,166-$85,829
Payroll Taxes$69,857$12,414-$82,271
All Other Expenses$52,188$4,658-$56,846
Other Expenses$41,397$6,918-$48,315
Interest$34,238$8,560-$42,798
Fees for Services Other$34,187$3,375-$37,562
Fees for Services Legal$14,521$2,543-$17,064
Total Functional Expenses$1,448,770$264,435$0$1,713,205
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$25,000
Gaming Direct Expenses$9,125
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$585,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Backup withholding compliance
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
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 62305

Signing Officer

Name
Mike Ridder
Title
President
Phone
2172225250
Signed
2022-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Ridder
Formed
1916
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
93

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

Membership certificates issued 6,275 membership certificates redeemed -2,500 total 3,775

Raw XML AppendixShowing 400 of 409 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/TotalRevenueColumnAmt0929450
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1118866
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2116024
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt340800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt428055
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt028055
IRS990/ProgSrvcAccomActy2Grp/Desc0RESTAURANT - THE SPRING LAKE COUNTRY CLUB DINING FACILITY WAS OPEN YEAR ROUND TO MEMBERS AND THEIR GUESTS IN 2021 WITH THE EXCEPTION OF MONDAYS. THE CLUBROOM WAS OPEN 83 DAYS IN 2021. THE CLUBROOM IS GENERALLY OPEN (WEATHER PERMITTING) FROM MEMORIAL DAY THROUGH LABOR DAY. APPROXIMATELY 22,037 PEOPLE WERE SERVED IN THE RESTAURANT AND 2,689 PEOPLE IN THE CLUBROOM DURING 2021. 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 62 DAYS FROM ABOUT MEMORIAL DAY TO LABOR DAY AND SERVED APPROXIMATELY 3,429 PEOPLE
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SEE 1, 2 & 3 ABOVE
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt014481
IRS990/PYInvestmentIncomeAmt0303
IRS990/PYOtherExpensesAmt0797714
IRS990/PYOtherRevenueAmt0263415
IRS990/PYProgramServiceRevenueAmt01117889
IRS990/PYRevenuesLessExpensesAmt0-88410
IRS990/PYSalariesCompEmpBnftPaidAmt0686784
IRS990/PYTotalExpensesAmt01484498
IRS990/PYTotalRevenueAmt01396088
IRS990/ReconcilationRevenueExpnssAmt0271347
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0150827
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0150827
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0943092
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0974773
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01917865
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0585000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0STOCK REDEMPTION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01093919
IRS990ScheduleD/TotalLiabilityAmt0585000
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/GamingInformationGrp/CashPrizesOtherGamingAmt09125
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt09125
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt09125
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt025000
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt025000
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt015875
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/IndividualWithBooksNm0DENNY SINNOCK
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt05215 CLUBHOUSE DR
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0QUINCY
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0IL
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd062305
IRS990ScheduleG/StatesWhereGamingConductedCd0IL
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/ExplanationTxt6MEMBERSHIP CERTIFICATES ISSUED 6,275 MEMBERSHIP CERTIFICATES REDEEMED -2,500 TOTAL 3,775
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/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01558867
IRS990/TotalAssetsEOYAmt01732222
IRS990/TotalAssetsGrp/BOYAmt01558867
IRS990/TotalAssetsGrp/EOYAmt01732222
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt057757
IRS990/TotalEmployeeCnt093
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0264435
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01448770
IRS990/TotalFunctionalExpensesGrp/TotalAmt01713205
IRS990/TotalGrossUBIAmt028055
IRS990/TotalLiabilitiesBOYAmt01843352
IRS990/TotalLiabilitiesEOYAmt01741585
IRS990/TotalLiabilitiesGrp/BOYAmt01843352
IRS990/TotalLiabilitiesGrp/EOYAmt01741585
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-284485
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-9363
IRS990/TotalProgramServiceRevenueAmt01233195
IRS990/TotalRevenueGrp/ExclusionAmt016098
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01882642
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01984552
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt028055
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01558867
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01732222
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0618 EAGLE TRACE
IRS990/USAddress/CityNm0QUINCY
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd062305
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.SPRINGLAKECOUNTRYCLUB.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE RIDDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02172225250
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-05
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/ZIPCd062305
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

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