Totals
- Total revenue
- $1,612,678
- Total expenses
- $1,814,294
- Contributions and grants received
- $1,970
- Grants paid
- $0
- Program service revenue
- $1,819,427
- Investment income
- $31,137
- Other revenue
- -$239,856
- Total assets, end of year
- $6,213,539
- Total liabilities, end of year
- $2,081,291
- Net assets or fund balances, end of year
- $4,132,248
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,970
-
2a · Program service revenue: MEMBERSHIP DUES
total $1,518,981 · related or exempt $1,518,981
-
2b · Program service revenue: MAINTENANCE FEES
total $215,496 · related or exempt $215,496
-
2c · Program service revenue: CLASSES
total $33,614 · related or exempt $33,614
-
2d · Program service revenue: INITIATION FEES
total $29,250 · related or exempt $29,250
-
2e · Program service revenue: SOCIAL ACTIVITIES
total $22,086 · related or exempt $22,086
-
3 · Investment income
total $31,395 · unrelated business $31,395
-
6a · Gross rents
real property $13,458
-
6b · Less rental expenses
real property $10,676
-
6c · Rental income or loss
real property $2,782
-
6d · Net rental income or loss
total $2,782 · unrelated business $2,782
-
7a · Gross sales of assets other than inventory
securities $588,674
-
7b · Less cost or other basis and sales expenses
securities $588,932
-
7c · Gain or loss
securities -$258
-
7d · Net gain or loss
total -$258 · unrelated business -$258
-
10a · Gross sales of inventory
$862,899
-
10b · Cost of goods sold
$1,215,830
-
10c · Net income from sales of inventory
total -$352,931 · related or exempt -$245,401 · unrelated business -$107,530
-
11a · Other revenue: BANQUET FEES
total $69,885 · related or exempt $69,885
-
11b · Other revenue: MINIMUM SPENDING REVENUE
total $20,929 · related or exempt $20,929
-
11c · Other revenue: MISCELLANEOUS
total $19,479 · related or exempt $19,479
-
11e · Other revenue, total
$110,293
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $609,208
-
8 · Pension plan contributions
total $9,098
-
9 · Other employee benefits
total $70,343
-
10 · Payroll taxes
total $55,779
-
11b · Fees: legal
total $29,218
-
11c · Fees: accounting
total $60,319
-
11f · Fees: investment management
total $8,224
-
13 · Office expenses
total $69,937
-
16 · Occupancy
total $151,209
-
19 · Conferences, conventions and meetings
total $2,500
-
20 · Interest
total $36,652
-
22 · Depreciation, depletion and amortization
total $256,039
-
23 · Insurance
total $36,488
-
24a · Other expenses: KITCHEN & DINING ROOM E
total $91,158
-
24b · Other expenses: LANDSCAPING & MAINTENAN
total $69,448
-
24c · Other expenses: REPAIRS & MAINTENANCE
total $65,180
-
24d · Other expenses: COMMITTEE EXPENSES
total $64,502
-
24e · All other expenses
total $128,992
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $405,290 · end of year $171,576
-
2 · Savings and temporary cash investments
end of year $191,467
-
4 · Accounts receivable
beginning of year $311,595 · end of year $280,196
-
8 · Inventories for sale or use
beginning of year $51,996 · end of year $47,059
-
9 · Prepaid expenses and deferred charges
beginning of year $116,898 · end of year $48,155
-
10a · Land, buildings and equipment: cost or other basis
$7,616,694
-
10b · Land, buildings and equipment: accumulated depreciation
$3,317,325
-
10c · Land, buildings and equipment, net
beginning of year $4,133,216 · end of year $4,299,369
-
11 · Investments: publicly traded securities
beginning of year $1,541,888 · end of year $1,175,717
-
17 · Accounts payable and accrued expenses
beginning of year $233,179 · end of year $164,045
-
19 · Deferred revenue
beginning of year $306,583 · end of year $325,050
-
23 · Secured mortgages and notes payable
beginning of year $981,323 · end of year $876,996
-
25 · Other liabilities
beginning of year $675,800 · end of year $715,200
-
27 · Net assets without donor restrictions
beginning of year $4,363,998 · end of year $4,132,248
Mission and programs · 2022
Mission
TO OPERATE EXCLUSIVELY FOR THE PLEASURE OF THE MEMBERS AND THEIR FAMILIES WHILE OFFERING FINE DINING, CULTURAL, EDUCATIONAL, SOCIAL AND PHILANTHROPIC OPPORTUNITIES.
Activities or mission (Part I)
TO PROVIDE SERVICES FOR THE ENJOYMENT AND BENEFIT OF THE CLUB MEMBERS
-
SOCIAL ACTIVITIES AND EDUCATIONAL CLASSES WHICH ARE PROVIDED FOR THE ENJOYMENT AND BENEFIT OF THE CLUB MEMBERS.
As filed on the 2022 return.
Listed in Part VII
-
Laura-Lee KelseyLAURA-LEE KELSEY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
Cherrie RitterCHERRIE RITTER
SECRETARY
- Total calculated
- $0
- Hours/week
- 10
-
Joan PrimoJOAN PRIMO
TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
Julia BaumhartJULIA BAUMHART
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
Cary CornacchiniCARY CORNACCHINI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Laurie HaroutunianLAURIE HAROUTUNIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Carol QuigleyCAROL QUIGLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Becky McLennanBECKY MCLENNAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Stathy MadiasSTATHY MADIAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Pamela BinghamPAMELA BINGHAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Stan PenaSTAN PENA
GENERAL MANAGER
- Total calculated
- $143,996
- From this org
- $135,576
- From related orgs
- $0
- Other
- $8,420
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
THE VILLAGE CLUB FOUNDATION
501(C)(3) · OFFERING GRANTS TO QUALIFIED NON-PROFIT ORGANIZATIONS IN MICHIGAN · MI
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 26 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202410599349300106
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