Civic Intelligence

The Louisville Boat Club

990 • Fiscal year 2014 • EIN 61-0263690

Oct 01, 2013 to Sep 30, 2014 • Filed on Feb 05, 2015

Organization ProfileWWW.LOUISVILLEBOATCLUB.COM

View Organization Page

4200 River Road40207

(502) 896-0375

Siviq Scores

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

Liabilities / Assets

79th percentile

0.64x

Higher debt load relative to assets than 79% of similar nonprofits.

2014 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

57th percentile

0.65x

Higher debt load relative to revenue than 57% of similar nonprofits.

2014 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2014

Net Margin

31st percentile

-2.9%

Higher net margin than 31% of similar nonprofits.

2014 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

89th percentile

$112,412

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2014 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2014

Asset Growth

27th percentile

-3.0%

Faster asset growth than 27% of similar nonprofits.

2014 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

26th percentile

-3.6%

Faster revenue growth than 26% of similar nonprofits.

2014 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2012 to 2014

Balance Sheet
Liabilities / Assets79th percentile

Assets

Down

$2,446,511

Down $76,206 (-3.0%) from 2013

Net Assets

Down

$882,851

Down $72,292 (-7.6%) from 2013

Liabilities

Down

$1,563,660

Down $3,914 (-0.2%) from 2013

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin31st percentile

Revenue

$2,414,565

No earlier filing loaded for comparison.

Expenses

Up

$2,483,932

Up $15,540 (+0.6%) from 2013

Net Income

-$69,367

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,614,541Liabilities 2010: $1,791,050Net Assets 2010: $823,4912010Assets 2011: $2,719,992Liabilities 2011: $1,745,343Net Assets 2011: $974,6492011Assets 2012: $2,554,962Liabilities 2012: $1,641,595Net Assets 2012: $913,3672012Assets 2013: $2,522,717Liabilities 2013: $1,567,574Net Assets 2013: $955,1432013Assets 2014: $2,446,511Liabilities 2014: $1,563,660Net Assets 2014: $882,8512014Assets 2015: $2,952,457Liabilities 2015: $1,807,752Net Assets 2015: $1,144,7052015Assets 2016: $3,394,655Liabilities 2016: $2,623,366Net Assets 2016: $771,2892016Assets 2017: $3,111,014Liabilities 2017: $2,642,445Net Assets 2017: $468,5692017Assets 2018: $4,052,153Liabilities 2018: $2,717,064Net Assets 2018: $1,335,0892018Assets 2019: $3,513,236Liabilities 2019: $2,115,107Net Assets 2019: $1,398,1292019Assets 2020: $3,495,020Liabilities 2020: $2,250,658Net Assets 2020: $1,244,3622020Assets 2021: $3,475,974Liabilities 2021: $2,246,892Net Assets 2021: $1,229,0822021Assets 2022: $3,570,772Liabilities 2022: $2,067,943Net Assets 2022: $1,502,8292022Assets 2023: $3,523,014Liabilities 2023: $2,152,808Net Assets 2023: $1,370,2062023Assets 2024: $3,411,723Liabilities 2024: $2,035,062Net Assets 2024: $1,376,6612024Assets 2025: $3,510,104Liabilities 2025: $2,347,748Net Assets 2025: $1,162,3562025

Highlighted filing

2014

Assets$2,446,511
Liabilities$1,563,660
Net Assets$882,851
Open 2014 Filing

Operations Trend

Revenue Growth26th percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $2,501,9902010Expenses 2011: $2,501,1932011Revenue 2012: $2,597,340Expenses 2012: $2,625,872Net Income 2012: -$28,5322012Expenses 2013: $2,468,3922013Revenue 2014: $2,414,565Expenses 2014: $2,483,932Net Income 2014: -$69,3672014Revenue 2015: $2,998,973Expenses 2015: $2,734,194Net Income 2015: $264,7792015Revenue 2016: $2,516,619Expenses 2016: $2,889,060Net Income 2016: -$372,4412016Revenue 2017: $2,670,156Expenses 2017: $2,969,951Net Income 2017: -$299,7952017Revenue 2018: $3,909,904Expenses 2018: $3,042,409Net Income 2018: $867,4952018Revenue 2019: $2,746,461Expenses 2019: $2,683,421Net Income 2019: $63,0402019Revenue 2020: $2,267,014Expenses 2020: $2,420,781Net Income 2020: -$153,7672020Revenue 2021: $2,652,143Expenses 2021: $2,665,473Net Income 2021: -$13,3302021Revenue 2022: $3,049,347Expenses 2022: $3,037,607Net Income 2022: $11,7402022Revenue 2023: $3,203,020Expenses 2023: $3,334,893Net Income 2023: -$131,8732023Revenue 2024: $3,106,508Expenses 2024: $3,099,078Net Income 2024: $7,4302024Revenue 2025: $2,583,005Expenses 2025: $2,797,310Net Income 2025: -$214,3052025

Highlighted filing

2014

Revenue$2,414,565
Expenses$2,483,932
Net Income-$69,367
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Feb 5, 2015
Return Version
2013v4.0
Gross Receipts
$2,697,130
Mission and Program Overview

Mission

The louisville boat club is committed to a long standing tradition of building lasting relationships with our membership, establishing pride in belonging by offering sporting and social pursuits of the highest caliber member involvement, quality standards and continuous growth are paramount, to enrich the lifestyles of our members and their families.

Maintaining a club for the use of its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,185,779$2,086,368▼ $99,411
Accounts Receivable$140,092$142,700▲ $2,608
Cash and Non-Interest-Bearing Accounts$40,025$32,925▼ $7,100
Prepaid Expenses and Deferred Charges$29,440$24,881▼ $4,559
Inventories for Sale or Use$22,914$23,288▲ $374
Total Assets$2,522,717$2,446,511▼ $76,206
Other Assets Total$104,467$136,349▲ $31,882
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,344,241$1,332,518▼ $11,723
Accounts Payable and Accrued Expenses$219,383$226,367▲ $6,984
Deferred Revenue$3,950$4,775▲ $825
Total Liabilities$1,567,574$1,563,660▼ $3,914
Net Assets / Fund Balance
Unrestricted Net Assets$955,143$882,851▼ $72,292
Total Net Assets Fund Balance$955,143$882,851▼ $72,292
Total Liabilities and Net Assets / Fund Balance$2,522,717$2,446,511▼ $76,206

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$910,926$1,600,986$2,511,912
Equipment$459,399$1,675,129$2,134,528
Buildings$355,651$1,532,278$1,887,929
Land$360,392-$360,392
Other Land Buildings$0$16,392$16,392
Other Assets Org$136,349--
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David DruryGeneral Manager/COOFT$108,517$3,895$112,412

Board Members and Trustees

NameTitle
David RichardsonPast President
Rod McnerneyPresident
Jay HatcherVice President
Bill ColeDirector
Brad UnroeDirector
Jim BuchheitDirector
Mike BlomDirector
Randy PhillipsDirector
Rich StuedleSecretary
Chris FegerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Mark FraleyRacquets Director-$123,594
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,851,133
Investment Income
$-1,672
Other Revenue
$565,104
Change in Net Assets
$-69,367

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,414,565
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$280,893
Total Revenue per Audited Statements
$2,695,458
Total Revenue per Form 990
$2,414,565
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,342,140
Salaries, Compensation, and Employee Benefits$1,141,792
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$841,192
Fees for Services Other---$271,459
Depreciation Depletion---$243,164
Occupancy---$171,889
All Other Expenses---$149,279
Current Officers, Directors, Trustees, and Key Employees---$112,762
Payroll Taxes---$99,788
Other Employee Benefits---$88,050
Insurance---$86,467
Interest---$57,658
Other Expenses---$56,738
Office Expenses---$43,994
Fees for Services Accounting---$13,250
Fees for Service Investment Mgmnt Fees---$8,792
Fees for Services Legal---$3,875
Conferences and Meetings---$3,470
Total Functional Expenses$0$0$0$2,483,932

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,764,825
Expenses per Audited Statements$2,483,932
Total Expenses per Form 990$2,483,932
Expenses Not Reported on Form 990$280,893
Expenses Not Reported on Financial Statements$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section A, Line 6

“The organization has approximately 417 members who pay monthly dues.”

Form 990, Part VI, Section A, Line 7A

“Each regular member (qty. 224) has voting rights to elect the board of directors.”

Form 990, Part VI, Section A, Line 7B

“Certain bylaw changes are subject to the approval of each regular member.”

Form 990, Part VI, Section B, Line 11

“Board of directors reviews form 990 prior to its filing.”

Form 990, Part VI, Section B, Line 15

“The compensation for the chief operating officer was reviewed and approved by the executive committee. The approval included reviewing comparable data.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to members only.”

Filing and Contact Details

Filer

EIN
61-0263690
Phone
5028960375

Signing Officer

Name
John Hatcher
Title
President
Phone
5028960375
Signed
2015-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Hatcher
Formed
1946
Legal Domicile
Ky
Voting Board Members
10
Independent Board Members
10
Employees
65
Volunteers
10

Preparer

Preparer
Rebecca L Phillips CPA
Phone
5027491900
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contract services 262,209. Professional training & cp 9,250.”

FORM 990, PART XI, LINE 9:

“Redemption & cancellation of membership certificates -2,925.”

PART XII, LINE 2C:

“The process has not changed from prior year. The organization maintains a finance committee who selects the independent auditor. The committee or representatives from the committee meet with the independent auditor prior to and at the conclusion of the audit.”

Financial Statement Notes

PART X, LINE 2:

“The club maintains tax-exempt status under section 501(c)(7) of the internal revenue code. The club is subject to federal income taxes on unrelated business income. The club evaluates the recognition and measurement of uncertain income tax positions using a "more-likely-than-not" approach as defined in the accounting standards codification. No such uncertain tax positions have been reflected in the accompanying financial statements. The club's 2010 through 2013 tax years remain open and subject to examination.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Cost of goods sold 280,893.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Cost of goods sold 280,893.”

Raw XML AppendixShowing 400 of 430 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/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4PAST PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/MissionDesc0THE LOUISVILLE BOAT CLUB IS COMMITTED TO A LONG STANDING TRADITION OF BUILDING LASTING RELATIONSHIPS WITH OUR MEMBERSHIP, ESTABLISHING PRIDE IN BELONGING BY OFFERING SPORTING & SOCIAL PURSUITS OF THE HIGHEST CALIBER. MEMBER INVOLVEMENT, QUALITY STANDARDS & CONTINUOUS GROWTH ARE PARAMOUNT, TO ENRICH THE LIFESTYLES OF OUR MEMBERS & THEIR FAMILIES.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01332518
IRS990/NetAssetsOrFundBalancesBOYAmt0955143
IRS990/NetAssetsOrFundBalancesEOYAmt0882851
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-1672
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1672
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0486987
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0558545
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt071558
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0171889
IRS990/OfficeExpensesGrp/TotalAmt043994
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0104467
IRS990/OtherAssetsTotalGrp/EOYAmt0136349
IRS990/OtherChangesInNetAssetsAmt0-2925
IRS990/OtherEmployeeBenefitsGrp/TotalAmt088050
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2TOURNAMENT EXPENSES
IRS990/OtherExpensesGrp/Desc3TAXES AND LICENSE EXPEN
IRS990/OtherExpensesGrp/TotalAmt0102946
IRS990/OtherExpensesGrp/TotalAmt166566
IRS990/OtherExpensesGrp/TotalAmt262593
IRS990/OtherExpensesGrp/TotalAmt356738
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc1GAIN FROM MEMBERS' CER
IRS990/OtherRevenueMiscGrp/ExclusionAmt05584
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0975
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05584
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1975
IRS990/OtherRevenueTotalAmt06559
IRS990/OtherSalariesAndWagesGrp/TotalAmt0841192
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt099788
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt029440
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024881
IRS990/PrincipalOfficerNm0JOHN HATCHER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/BusinessCd3713990
IRS990/ProgramServiceRevenueGrp/BusinessCd4713990
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES/ASSESS
IRS990/ProgramServiceRevenueGrp/Desc1TENNIS
IRS990/ProgramServiceRevenueGrp/Desc2INITIATION FEES
IRS990/ProgramServiceRevenueGrp/Desc3SWIMMING
IRS990/ProgramServiceRevenueGrp/Desc4SLIP RENTAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01361167
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1267250
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2162317
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt321068
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt414477
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01361167
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1267250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2162317
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt321068
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt414477
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-3322
IRS990/PYOtherExpensesAmt01314692
IRS990/PYOtherRevenueAmt0638125
IRS990/PYProgramServiceRevenueAmt01878290
IRS990/PYRevenuesLessExpensesAmt044701
IRS990/PYSalariesCompEmpBnftPaidAmt01153700
IRS990/PYTotalExpensesAmt02468392
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02513093
IRS990/ReconcilationRevenueExpnssAmt0-69367
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0355651
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01532278
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01887929
IRS990ScheduleD/EquipmentGrp/BookValueAmt0459399
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01675129
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02134528
IRS990ScheduleD/ExpensesNotReportedAmt0280893
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02483932
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0360392
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0360392
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0910926
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01600986
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02511912
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0136349
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0FLOOD RESERVE FUND
IRS990ScheduleD/OtherExpensesIncludedAmt0280893
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt016392
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt016392
IRS990ScheduleD/OtherRevenueAmt0280893
IRS990ScheduleD/RevenueNotReportedAmt0280893
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02414565
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CLUB MAINTAINS TAX-EXEMPT STATUS UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. THE CLUB IS SUBJECT TO FEDERAL INCOME TAXES ON UNRELATED BUSINESS INCOME. THE CLUB EVALUATES THE RECOGNITION AND MEASUREMENT OF UNCERTAIN INCOME TAX POSITIONS USING A "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE ACCOUNTING STANDARDS CODIFICATION. NO SUCH UNCERTAIN TAX POSITIONS HAVE BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE CLUB'S 2010 THROUGH 2013 TAX YEARS REMAIN OPEN AND SUBJECT TO EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF GOODS SOLD 280,893.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2COST OF GOODS SOLD 280,893.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02086368
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0136349
IRS990ScheduleD/TotalExpensesPerForm990Amt02483932
IRS990ScheduleD/TotalRevenuePerForm990Amt02414565
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02695458
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02764825
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS APPROXIMATELY 417 MEMBERS WHO PAY MONTHLY DUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH REGULAR MEMBER (QTY. 224) HAS VOTING RIGHTS TO ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CERTAIN BYLAW CHANGES ARE SUBJECT TO THE APPROVAL OF EACH REGULAR MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD OF DIRECTORS REVIEWS FORM 990 PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION FOR THE CHIEF OPERATING OFFICER WAS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE. THE APPROVAL INCLUDED REVIEWING COMPARABLE DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO MEMBERS ONLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONTRACT SERVICES 262,209. PROFESSIONAL TRAINING & CP 9,250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7REDEMPTION & CANCELLATION OF MEMBERSHIP CERTIFICATES -2,925.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. THE ORGANIZATION MAINTAINS A FINANCE COMMITTEE WHO SELECTS THE INDEPENDENT AUDITOR. THE COMMITTEE OR REPRESENTATIVES FROM THE COMMITTEE MEET WITH THE INDEPENDENT AUDITOR PRIOR TO AND AT THE CONCLUSION OF THE AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02522717
IRS990/TotalAssetsEOYAmt02446511
IRS990/TotalAssetsGrp/BOYAmt02522717
IRS990/TotalAssetsGrp/EOYAmt02446511
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt065
IRS990/TotalFunctionalExpensesGrp/TotalAmt02483932
IRS990/TotalGrossUBIAmt071558
IRS990/TotalLiabilitiesBOYAmt01567574
IRS990/TotalLiabilitiesEOYAmt01563660
IRS990/TotalLiabilitiesGrp/BOYAmt01567574
IRS990/TotalLiabilitiesGrp/EOYAmt01563660
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0955143
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0882851
IRS990/TotalOtherCompensationAmt03895
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt024854
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt024854
IRS990/TotalProgramServiceRevenueAmt01851133
IRS990/TotalReportableCompFromOrgAmt0108517
IRS990/TotalRevenueGrp/ExclusionAmt03912
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02339095
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02414565
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt071558
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02522717
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02446511
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0955143
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0882851
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine104200 RIVER ROAD
IRS990/USAddress/City0LOUISVILLE
IRS990/USAddress/State0KY
IRS990/USAddress/ZIPCode040207
IRS990/VotingMembersGoverningBodyCnt010

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,446,511
Liabilities
$1,563,660
Net assets
$882,851
Revenue
$2,414,565
Expenses
$2,483,932
Net income
-$69,367
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.51$2.35$1.16$2.58$2.80$0.21
2024Detailed filing. Detailed filing data is available for this year.$3.41$2.04$1.38$3.11$3.10$0.01
2023Detailed filing. Detailed filing data is available for this year.$3.52$2.15$1.37$3.20$3.33$0.13
2022Detailed filing. Detailed filing data is available for this year.$3.57$2.07$1.50$3.05$3.04$0.01
2021Detailed filing. Detailed filing data is available for this year.$3.48$2.25$1.23$2.65$2.67$0.01
2020Detailed filing. Detailed filing data is available for this year.$3.50$2.25$1.24$2.27$2.42$0.15
2019Detailed filing. Detailed filing data is available for this year.$3.51$2.12$1.40$2.75$2.68$0.06
2018Detailed filing. Detailed filing data is available for this year.$4.05$2.72$1.34$3.91$3.04$0.87
2017Detailed filing. Detailed filing data is available for this year.$3.11$2.64$0.47$2.67$2.97$0.30
2016Detailed filing. Detailed filing data is available for this year.$3.39$2.62$0.77$2.52$2.89$0.37
2015Detailed filing. Detailed filing data is available for this year.$2.95$1.81$1.14$3.00$2.73$0.26
2014Detailed filing. Detailed filing data is available for this year.$2.45$1.56$0.88$2.41$2.48$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$1.57$0.96$2.47
2012Summary only. Only limited summary data is available for this year.$2.55$1.64$0.91$2.60$2.63$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.72$1.75$0.97$2.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.61$1.79$0.82$2.50