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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

EVAN501(c)(7) · MEDIUMNAICS 713910EIN 35-0298210

Evansville Country Club Inc

Evansville, IN · founded 1945

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$6.12M

▼ 7.3% YoY

FY23 Total Expenses

$6.19M

▲ 14.1% YoY

Operating Margin

-1.1%

revenue minus expenses ÷ revenue

Employees

235

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$6.1M

▲ 28.9% / 5y

Expenses

$6.2M

▲ 26.7% / 5y

Total Assets

$15.3M

▲ 58.3% / 5y

Total Liabilities

$8.4M

▲ 67.9% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$4.7M	$6.0M	$6.0M	$6.6M	$6.1M	+28.9%
Expenses	$4.9M	$5.2M	$5.2M	$5.4M	$6.2M	+26.7%
Net surplus	-$132K	$820K	$820K	$1.2M	-$66K	-50.1%
Total assets	$9.7M	$10.7M	$10.7M	$13.2M	$15.3M	+58.3%
Total liabilities	$5.0M	$4.9M	$4.9M	$6.2M	$8.4M	+67.9%
Net assets	$4.7M	$5.8M	$5.8M	$7.0M	$6.9M	+48.2%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
GARY SHETLER General Manager· 45h/wk	$187,651	$7,320
NICHOLAS HAUDEK Director of Golf· 45h/wk	$151,588	$17,493

+ 13 unpaid officers/directors as reported (ALLISON FROUNFELTER, CHARLES COMPTON, DOUG PETITT, +10 more)

Top contractors

FY23 · vendors paid $100k+ as reported

Vendor	Service	Paid
Heritage Links HOUSTON, TX	Construction & renovation	$1,867,684
Sheffer Construction EVANSVILLE, IN	Construction & renovation	$1,285,504
Beau Welling Design GREENVILLE, SC	Construction & renovation	$156,945

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
GREENS FEES	$263,562
BAG STORAGE	$22,375

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$7.2M

▲ $2.3M new borrowing

Net land, buildings & equipment

$13.7M

book value, net of depreciation

Facility age

41%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

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	$99,565
Occupancy	$548,080
Depreciation & depletion	$745,037
Information technology	$53,625
Advertising & promotion	$542
Office expenses	$482,323
Legal fees	$14,565
Accounting fees	$16,900

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

EVANSVILLE COUNTRY CLUB 401(K) PROFIT SHARING PLAN

pension · 57 participants · $1.6M 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.

EFounded in 1945, Evansville Country Club Inc reported $6.12M of revenue for FY23, at an operating margin of -1.1%. Revenue moved down 7.3% 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 Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2022 · period ending Sat Dec 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2021 · period ending Fri Dec 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

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