TLIP501(c)(7) · MEDIUMNAICS 713910EIN 35-0711197

Tippecanoe Lake Country Club

Leesburg, IN · founded 1935
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$3.64M
▲ 16.8% YoY
FY23 Total Expenses
$3.58M
▲ 16.8% YoY
Operating Margin
1.8%
revenue minus expenses ÷ revenue
Employees
117
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$3.6M
▲ 54.5% / 5y
2.42.82.93.13.6
Expenses
$3.6M
▲ 55.8% / 5y
2.32.42.73.13.6
Total Assets
$5.7M
▲ 80.5% / 5y
3.23.64.24.75.7
Total Liabilities
$3.0M
▲ 177.5% / 5y
1.11.11.41.93.0

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$2.4M$2.8M$2.9M$3.1M$3.6M+54.5%
Expenses$2.3M$2.4M$2.7M$3.1M$3.6M+55.8%
Net surplus$61K$412K$268K$56K$64K+5.0%
Total assets$3.2M$3.6M$4.2M$4.7M$5.7M+80.5%
Total liabilities$1.1M$1.1M$1.4M$1.9M$3.0M+177.5%
Net assets$2.1M$2.5M$2.8M$2.8M$2.8M+31.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
STEPHAN KOSTELECKY
GENERAL MANA· 40h/wk
$154,847$17,909
RONALD FORKS
SUPERINTENDE· 40h/wk
$138,378$9,742

+ 10 unpaid officers/directors as reported (DAN WHITE, DAVID JARRETT, DEB NICOL, +7 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES AND FEES$2,428,071
GOLFING - MEMBERS$416,077
GOLFING - NONMRMBERS$88,555

TFounded in 1935, Tippecanoe Lake Country Club reported $3.64M of revenue for FY23, at an operating margin of 1.8%. Revenue moved up 16.8% 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 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)
+ 10 more · via ProPublica
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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