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Filing year 2024

GARFIELD LAKE ICE RACERS CLUB INC

LaPorte, Minnesota·EIN 20-4138918·NTEE N60 · Recreation & Sports·501(c)(4)
Total revenue
$7k
Total assets
$26k
Total expenses
$6k
Reported officers
3
Mission

TO PROVIDE ENTERTAINMENT TO THE SURROUNDING COMMUNITY PROMOTING SOCIAL INTERACTION AND GOOD SPORTSMANSHIP WITH CONSCIOUS EFFORTS TO KEEP ENVIRONMENT CLEAN.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Recreation & Sports organizations nationwide.

Gambling Manager
Key Employee
Below 10th percentile
$11k
$12k
Chief Executive Officer
10th to 25th percentilevs Recreation & Sports peers in Minnesota
$4k
$4k
Secretary Treasurer
Below 10th percentile
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Recreation & Sports

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at GARFIELD LAKE ICE RACERS CLUB INC equaled 181% of the organization's total expenses. The median for recreation & sports organizations is 8%.

This organization (2024)
181%
Sector median
8%
Middle half of sector
4% to 16%

Based on 7,435 recreation & sports organizations, each measured at its most recent filing year with reported expenses and compensation.

Pay for the position

Key Employee pay rose 54% from 2023 to 2024, while revenue rose 2%.

$7k in 2023 to $11k in 2024.
  • Chief Executive Officer pay rose 58% from 2023 to 2024.
  • Chief Financial Officer pay rose 25% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Financial trend

Revenue and expenses over time

GARFIELD LAKE ICE RACERS CLUB INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$7k
$18k
2023
$7k
$6k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Recreation & Sports executives earn in Minnesota

Comparable recreation & sports organizations in Minnesota pay their highest-earning executive a median of $22,500.

25th percentile
$5k
Median
$22,500
75th percentile
$78k
90th percentile
$115k

These are recreation & sports sector-wide figures, not this organization's reported pay. Based on 319 organizations across 319 filings (2021 – 2024).

See full Recreation & Sports pay data for Minnesota

Similar Organizations

$34k revenue
Similar sector (N)Same state (Minnesota)
FAQ

Common questions about GARFIELD LAKE ICE RACERS CLUB INC

What does the Key Employee of GARFIELD LAKE ICE RACERS CLUB INC earn?

In 2024, the Key Employee of GARFIELD LAKE ICE RACERS CLUB INC received $10,894 in total compensation. This pay is in the bottom 10% for Key Employee roles among Recreation & Sports organizations nationwide: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Key Employee pay at GARFIELD LAKE ICE RACERS CLUB INC compare with similar nonprofits?

Compared with the same role at Recreation & Sports organizations nationwide, the 2024 pay of the Key Employee at GARFIELD LAKE ICE RACERS CLUB INC falls in the bottom 10%. In 2024, the highest total compensation at GARFIELD LAKE ICE RACERS CLUB INC equaled 181% of the organization's total expenses. The median for recreation & sports organizations is 8%.

What are GARFIELD LAKE ICE RACERS CLUB INC's revenue and expenses?

In 2024, GARFIELD LAKE ICE RACERS CLUB INC reported $7k in total revenue and $6k in total expenses on its IRS Form 990.

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