INDI501(c)(7) · MEDIUMNAICS 713910EIN 25-0567080

Indiana Country Club

Indiana, PA · founded 1942
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$2.80M
▲ 2.8% YoY
FY23 Total Expenses
$2.97M
▲ 10.9% YoY
Operating Margin
-6.0%
revenue minus expenses ÷ revenue
Employees
108
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$2.8M
▲ 30.2% / 5y
2.12.62.62.72.8
Expenses
$3.0M
▲ 25.1% / 5y
2.42.42.42.73.0
Total Assets
$2.4M
▼ 8.9% / 5y
2.72.82.82.72.4
Total Liabilities
$2.1M
▼ 8.7% / 5y
2.32.32.32.32.1

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$2.1M$2.6M$2.6M$2.7M$2.8M+30.2%
Expenses$2.4M$2.4M$2.4M$2.7M$3.0M+25.1%
Net surplus-$223K$222K$222K$45K-$169K-24.0%
Total assets$2.7M$2.8M$2.8M$2.7M$2.4M-8.9%
Total liabilities$2.3M$2.3M$2.3M$2.3M$2.1M-8.7%
Net assets$353K$439K$439K$484K$315K-10.9%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 9 unpaid officers/directors as reported (BRYAN FORCE, CONNIE BENCE, DOUG STEVE, +6 more)

All 9 listed officers reported $0 compensation — volunteer board.

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIPS$1,339,523

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$417K
$30K new borrowing
Net land, buildings & equipment
$1.7M
book value, net of depreciation
Facility age
78%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$104K$208K$313K$417KFY20 · $322KFY20FY21 · $322KFY21FY22 · $387KFY22FY23 · $417KFY23

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX
Insurance$55,693
Depreciation & depletion$299,616
Office expenses$5,289

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

Retirement & benefit plans

DOL Form 5500 · plan sponsors
INDIANA COUNTRY CLUB 401(K) PLAN
pension · 62 participants · $95K assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

IFounded in 1942, Indiana Country Club reported $2.80M of revenue for FY23, at an operating margin of -6.0%. Revenue moved up 2.8% against the prior posted return. Every figure on this page is drawn from the club’s Form 990 as filed; a dash marks a value the filing did not report.

Source documents
Form 990, FY2023 · period ending Sat Sep 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Fri Sep 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Thu Sep 30 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 more · via ProPublica
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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