Civic Intelligence

Hastings Country Club Inc

EIN 41-0756490 • 501(c)7 • Hastings, MN

Profile

Member governed golf course in hastings, minnesota

2015 Westview DriveHastings, MN 55033

www.hastingscountryclub.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2016

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)7 • <$500k nonprofits • Source year 2016

Net Margin

1st percentile

-2921%

Higher net margin than 1% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2016

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

501(c)7 • <$500k nonprofits • Source year 2016

Asset Growth

5th percentile

-100%

Faster asset growth than 5% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

2nd percentile

-98%

Faster revenue growth than 2% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$0

Down $3,064,390 (-100%) from 2015

Liabilities

Down

$0

Down $6,111,093 (-100%) from 2015

Net Assets

Up

$0

Up $3,046,703 (+100%) from 2015

Revenue

Down

$4,080

Down $213,875 (-98%) from 2015

Expenses

Down

$123,237

Down $422,965 (-77%) from 2015

Net Income

Up

-$119,157

Up $209,090 (+64%) from 2015

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0MAssets 2010: $3,990,383Liabilities 2010: $4,866,473Net Assets 2010: -$876,0902010Assets 2011: $4,025,965Liabilities 2011: $5,110,195Net Assets 2011: -$1,084,2302011Assets 2012: $3,687,540Liabilities 2012: $5,313,718Net Assets 2012: -$1,626,1782012Assets 2013: $3,574,347Liabilities 2013: $5,757,463Net Assets 2013: -$2,183,1162013Assets 2014: $3,224,710Liabilities 2014: $5,943,166Net Assets 2014: -$2,718,4562014Assets 2015: $3,064,390Liabilities 2015: $6,111,093Net Assets 2015: -$3,046,7032015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2016

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,566,8532010Revenue 2011: $992,684Expenses 2011: $1,540,556Net Income 2011: -$547,8722011Expenses 2012: $1,577,4822012Revenue 2013: $1,055,796Expenses 2013: $1,621,973Net Income 2013: -$566,1772013Revenue 2014: $982,427Expenses 2014: $1,528,487Net Income 2014: -$546,0602014Revenue 2015: $217,955Expenses 2015: $546,202Net Income 2015: -$328,2472015Revenue 2016: $4,080Expenses 2016: $123,237Net Income 2016: -$119,1572016

Highlighted filing

2016

Revenue$4,080
Expenses$123,237
Net Income-$119,157

Filings

Latest Detailed Filing

The latest 2016 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Jan 28, 2016
Return Version
2014v6.0
Gross Receipts
$218,655
Mission and Program Overview

Mission

Member governed golf course in hastings, minnesota

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,040,210$3,040,210→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$591,903$591,903→ $0
Prepaid Expenses and Deferred Charges$100,894--
Cap Stk Tr Prin Current Funds$99,530$99,530→ $0
Inventories for Sale or Use$36,019--
Accounts Receivable$40,536$17,129▼ $23,407
Rtn Earn Endowment Incm Other Fnds$-3,409,889$-3,738,136▼ $328,247
Total Assets$3,224,710$3,064,390▼ $160,320
Other Assets Total$7,051$7,051→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,225,000$4,225,000→ $0
Accounts Payable and Accrued Expenses$706,846$1,347,202▲ $640,356
Other Liabilities$866,473$414,002▼ $452,471
Deferred Revenue$144,847$124,889▼ $19,958
Total Liabilities$5,943,166$6,111,093▲ $167,927
Net Assets / Fund Balance
Total Net Assets Fund Balance$-2,718,456$-3,046,703▼ $328,247
Total Liabilities and Net Assets / Fund Balance$3,224,710$3,064,390▼ $160,320

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,231,924$1,314,686$3,546,610
Equipment$711,310$1,971,463$2,682,773
Land$96,976-$96,976
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jim ReissnerChair
Keith AndersonPresident
Bill SiebenDirector
Jay JohnsonDirector
Jo BoettcherDirector
Leon EndresDirector
Jesse PolkSecretary
Joe PetrichTreasurer
Craig BilgrienVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$168,938
Investment Income
$0
Other Revenue
$49,017
Change in Net Assets
$-328,247

Audited Revenue Reconciliation

Revenue per Audited Statements
$217,955
Total Revenue per Audited Statements
$217,955
Total Revenue per Form 990
$217,955
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$297,836
Salaries, Compensation, and Employee Benefits$248,366
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$183,013-$183,013
Occupancy$118,986--$118,986
Payroll Taxes-$65,353-$65,353
Insurance$26,376--$26,376
Fees for Services Other$6,211$17,887-$24,098
Office Expenses-$21,451-$21,451
All Other Expenses$15,566--$15,566
Other Expenses$9,300--$9,300
Total Functional Expenses$258,498$287,704$0$546,202

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$546,202
Total Expenses per Audited Statements$546,202
Total Expenses per Form 990$546,202
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
Refundable Special Assessment$367,014
Cash Deficit$46,988
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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, Page 6, Part VI, Line 7A

The organization is governed by the members.

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

Reviewed by board of directors prior to filing.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Hastings Country Club Inc
EIN
41-0756490
Phone
6514374612
Address
2015 WESTVIEW DRIVE, HASTINGS, MN 55033

Signing Officer

Name
Joseph a Petrich
Title
Treasurer
Phone
6514374612
Signed
2016-01-28

Organization Details

Principal Officer
Joseph a Petrich
Voting Board Members
9
Independent Board Members
9
Employees
2

Preparer

Firm
Lewis Kisch & Associates Ltd
Address
1125 SOUTH FRONTAGE ROAD SUITE 1, HASTINGS, MN 55033-2489
Preparer
Carol J Sailer
Phone
6514373356
Supplemental Narrative

Additional Explanations

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

Expenses were to operate an 18 hole golf course and club house facility for the benefit of the club members.

Raw XML Appendix352 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/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03224710
IRS990/TotalAssetsEOYAmt03064390
IRS990/TotalAssetsGrp/BOYAmt03224710
IRS990/TotalAssetsGrp/EOYAmt03064390
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0287704
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0258498
IRS990/TotalFunctionalExpensesGrp/TotalAmt0546202
IRS990/TotalGrossUBIAmt02837
IRS990/TotalLiabilitiesBOYAmt05943166
IRS990/TotalLiabilitiesEOYAmt06111093
IRS990/TotalLiabilitiesGrp/BOYAmt05943166
IRS990/TotalLiabilitiesGrp/EOYAmt06111093
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2718456
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-3046703
IRS990/TotalOtherProgSrvcExpenseAmt058712
IRS990/TotalProgramServiceExpensesAmt0258498
IRS990/TotalProgramServiceRevenueAmt0168938
IRS990/TotalRevenueGrp/ExclusionAmt043615
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0171503
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0217955
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt02837
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03224710
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03064390
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 337
IRS990/USAddress/CityNm0HASTINGS
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055033
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.HASTINGSCOUNTRYCLUB.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH A PETRICH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06514374612
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HASTINGS COUNTRY CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0HAST
ReturnHeader/Filer/EIN0410756490
ReturnHeader/Filer/PhoneNum06514374612
ReturnHeader/Filer/USAddress/AddressLine1Txt02015 WESTVIEW DRIVE
ReturnHeader/Filer/USAddress/CityNm0HASTINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055033
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411620961
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEWIS KISCH & ASSOCIATES LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01125 SOUTH FRONTAGE ROAD SUITE 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HASTINGS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0550332489
ReturnHeader/PreparerPersonGrp/PhoneNum06514373356
ReturnHeader/PreparerPersonGrp/PreparationDt02016-02-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CAROL J SAILER
ReturnHeader/ReturnTs02016-02-01T14:49:23-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-10-01
ReturnHeader/TaxPeriodEndDt02015-09-30
ReturnHeader/TaxYr02014

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