IRON501(c)(7) · MEDIUMNAICS 713910EIN 33-0230082
Ironwood Country Club
Palm Desert, CA · founded 1990
12 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$15.71M
▲ 14.2% YoY
FY23 Total Expenses
$15.12M
▲ 13.7% YoY
Operating Margin
3.8%
revenue minus expenses ÷ revenue
Employees
186
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$15.7M
▲ 41.2% / 5y
Expenses
$15.1M
▲ 26.7% / 5y
Total Assets
$38.5M
▲ 15.3% / 5y
Total Liabilities
$8.3M
▼ 35.8% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $11.1M | $11.8M | $11.8M | $13.8M | $15.7M | +41.2% |
| Expenses | $11.9M | $9.9M | $9.9M | $13.3M | $15.1M | +26.7% |
| Net surplus | -$809K | $1.9M | $1.9M | $460K | $592K | -173.2% |
| Total assets | $33.4M | $36.0M | $36.0M | $36.3M | $38.5M | +15.3% |
| Total liabilities | $13.0M | $10.3M | $10.3M | $8.4M | $8.3M | -35.8% |
| Net assets | $20.4M | $25.8M | $25.8M | $27.9M | $30.2M | +47.9% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 11 unpaid officers/directors as reported (A MILNER, C BROWN, C SADOSKI, +8 more)
All 11 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 item | Amount |
|---|---|
| DUES FROM MEMBERS | $11,695,568 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$2.8M
▼ $548K paid down
Net land, buildings & equipment
$28.4M
book value, net of depreciation
Facility age
48%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $283,025 |
| Depreciation & depletion | $1,634,315 |
| Office expenses | $174,374 |
| Other professional fees | $492,088 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
IRONWOOD COUNTRY CLUB 401(K) RETIREMENT PLAN
pension · 82 participants · FY2024
IFounded in 1990, Ironwood Country Club reported $15.71M of revenue for FY23, at an operating margin of 3.8%. Revenue moved up 14.2% 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
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