ILND501(c)(7) · MEDIUMNAICS 713910EIN 35-0406893
Indian Lake Country Club Inc
Indianapolis, IN · founded 1949
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$765k
▲ 11.9% YoY
FY23 Total Expenses
$713k
▲ 12.8% YoY
Operating Margin
6.8%
revenue minus expenses ÷ revenue
Employees
28
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$765K
▲ 53.2% / 5y
Expenses
$713K
▲ 40.7% / 5y
Total Assets
$1.1M
▲ 15.3% / 5y
Total Liabilities
$392K
▼ 22.3% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $500K | $571K | $571K | $684K | $765K | +53.2% |
| Expenses | $507K | $516K | $516K | $632K | $713K | +40.7% |
| Net surplus | -$7K | $55K | $55K | $52K | $52K | -820.8% |
| Total assets | $986K | $1.1M | $1.1M | $1.1M | $1.1M | +15.3% |
| Total liabilities | $504K | $449K | $449K | $418K | $392K | -22.3% |
| Net assets | $482K | $641K | $641K | $693K | $745K | +54.6% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
KYLE BRUNNEMER General Manager· 40h/wk | $68,750 | — |
+ 5 unpaid officers/directors as reported (CHRIS KNOX, ERIC SEARS, MARY BETH POE, +2 more)
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 |
|---|---|
| MEMBERSHIP DUES | $402,394 |
| GOLF RELATED FEES | $119,270 |
| SPECIAL ASSESSMENTS | $29,419 |
| EQUIPMENT FEES | $23,922 |
| UNUSED MINIMUM | $22,944 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$363K
▼ $29K paid down
Net land, buildings & equipment
$985K
book value, net of depreciation
Facility age
31%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $29,559 |
| Occupancy | $38,534 |
| Depreciation & depletion | $47,846 |
| Other professional fees | $63,804 |
IFounded in 1949, Indian Lake Country Club Inc reported $765k of revenue for FY23, at an operating margin of 6.8%. Revenue moved up 11.9% 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
The Quarterly · free
Get Indian Lake Country Club Inc’s next filing — the day it posts.
We read every 990 so you don't have to — new filings, compensation moves, and the figures worth knowing, four times a year.
Quarterly only · no spam
Free · quarterly · unsubscribe in one click
Similar clubs
matched on revenue, geography & business mix
Same revenue band
CSLIClifton Springs Country Club Inc
Revenue $765K — near your $765K
$765Kcompare →
LEVECountry Club Of Levelland
Revenue $769K — near your $765K
$769Kcompare →
HENDHenderson Country Club Inc
Revenue $761K — near your $765K
$761Kcompare →
Same state · IN
CRAWCrawfordsville Country Club
IN club · $732K
$732Kcompare →
WHESWestern Hills Country Club Inc
IN club · $804K
$804Kcompare →
BCENBenton County Country Club Inc
IN club · $643K
$643Kcompare →
Similar revenue mix
BALLBallard Golf & Country Club
100% similar revenue mix
$708Kcompare →
SULLSullivan Country Club Inc
100% similar revenue mix
$493Kcompare →
TOMBTomball Country Club Inc
100% similar revenue mix
$1.1Mcompare →
Same area · Indianapolis
MHERMeridian Hills Country Club
Indianapolis, IN
$9.2Mcompare →
HIGHHighland Golf And Country Club
Indianapolis, IN
$6.9Mcompare →
HILLHillcrest Country Club Inc
Indianapolis, IN
$4.4Mcompare →