Columbus Club Corporation

Nonprofit profile at a glance

EIN
611930917
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Mesilla Park, NM, USA
Phone
5756493787
Rating
46
Verdict
MIXED
Rating confidence
Moderate
Sector
Recreational l Clubs

Reported finances

Revenue
$4,258
Expenses
$4,143
Assets
$1,270,173
Liabilities
$1,098,806

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • KENNETH T PASSLER (PRESIDENT)
  • MICHAEL P ARCHULETA (VICE-PRESIDENT)

People named in this filing

  • RANDOLPH CASTILLO (DIRECTOR)
  • KENNETH T PASSLER (PRESIDENT)
  • MICHAEL P ARCHULETA (VICE-PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose for which this corporation was formed is: (1) to operate a private member club (2) to cooperate and assist the knights of columbus las cruces council 1226, including promotion of its fraternal, charitable, civic, and social pursuits; and (3) to conduct any other business that is appropriate for New Mexico, nonprofit corporations and for which would be tax-exempt under the laws of the united states and the state of New Mexico.

What it reported doing in 2024

The columbus club corporation was established to serve their members through access to social and recreational facilities. The corporation was granted exempt status from the internal revenue service in september 2019. Very limited program services were conducted in 2020 through 2024 because of the covid-19 pandemic, its recovery and the sale of the building facilities.the members of the knights of columbus council #1226, who are in good standing are members of the columbus club corporation. Membership dues to the columbus club were waived in 2020 through 2024 because of the covid-19 pandemic and its slow recover and lack of recreational and social activities. The organization continues its planning phase and early production phase of the new building facilities. The entire process has been very slow with delays due to county zoning issues and supply (lack thereof) issues in the market.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 90
  • Accountability: 76
  • Sustainability: 64
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 2.7%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 306.58; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0.87; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -49% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: Limited
  • Asset growth: 16.5% per year; rating input score 100; 88th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 5 of 5 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 16 of 16 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Operating margin scored 59/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.