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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

ECRU501(c)(7) · MEDIUMNAICS 713910EIN 35-0988156

Elcona Country Club Inc County Rd 21 & Us 20 E Of Elkhart

Bristol, IN · founded 1962

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$4.02M

▼ 0.8% YoY

FY23 Total Expenses

$3.77M

▲ 9.9% YoY

Operating Margin

6.3%

revenue minus expenses ÷ revenue

Employees

141

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$4.0M

▲ 65.9% / 5y

Expenses

$3.8M

▲ 64.8% / 5y

Total Assets

$7.9M

▲ 43.8% / 5y

Total Liabilities

$548K

▲ 49.3% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$2.4M	$4.1M	$4.1M	$4.1M	$4.0M	+65.9%
Expenses	$2.3M	$3.2M	$3.2M	$3.4M	$3.8M	+64.8%
Net surplus	$137K	$890K	$890K	$624K	$253K	+84.7%
Total assets	$5.5M	$7.0M	$7.0M	$7.6M	$7.9M	+43.8%
Total liabilities	$367K	$382K	$382K	$369K	$548K	+49.3%
Net assets	$5.1M	$6.6M	$6.6M	$7.2M	$7.3M	+43.4%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
Thomas Thome General Manager· 65h/wk	$89,230	$19,222

+ 9 unpaid officers/directors as reported (Anthony Wollschalger, Brian Paul, Cien Asoera, +6 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	$2,375,751
Pro Shop Income	$574,738
Initiation Fee Income	$104,986
Pool Income	$41,320
Locker Room	$38,808

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

—

end of year

Net land, buildings & equipment

$5.3M

book value, net of depreciation

Facility age

61%

accumulated depreciation ÷ cost — higher = older plant

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

Depreciation & depletion

$483,614

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

ELCONA COUNTRY CLUB 401(K) PROFIT SHARING PLAN AND TRUST

pension · 31 participants · $666K 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 1962, Elcona Country Club Inc County Rd 21 & Us 20 E Of Elkhart reported $4.02M of revenue for FY23, at an operating margin of 6.3%. Revenue moved down 0.8% 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)

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