WOOD501(c)(7) · MEDIUMNAICS 713910EIN 35-1016361
Woodland Country Club
Carmel, IN · founded 1961
12 filings on recordFY 2012–2023medium confidence
Compare to peers →FY23 Total Revenue
$4.34M
▲ 3.6% YoY
FY23 Total Expenses
$4.00M
▲ 8.3% YoY
Operating Margin
7.8%
revenue minus expenses ÷ revenue
Employees
168
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$4.3M
▲ 24.6% / 5y
Expenses
$4.0M
▲ 16.3% / 5y
Total Assets
$14.7M
▲ 24.1% / 5y
Total Liabilities
$8.2M
▲ 21.9% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $3.5M | $4.0M | $4.2M | $4.2M | $4.3M | +24.6% |
| Expenses | $3.4M | $3.5M | $3.7M | $3.7M | $4.0M | +16.3% |
| Net surplus | $42K | $504K | $497K | $497K | $339K | +704.4% |
| Total assets | $11.9M | $11.6M | $12.1M | $12.1M | $14.7M | +24.1% |
| Total liabilities | $6.7M | $6.3M | $6.0M | $6.0M | $8.2M | +21.9% |
| Net assets | $5.2M | $5.3M | $6.1M | $6.1M | $6.6M | +27.1% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
PATRICK WHITE EMPLOYEE· 40h/wk | $169,877 | — |
DAVID P RIEDMAN EMPLOYEE· 40h/wk | $164,641 | — |
ROBERT REYNOLDS EMPLOYEE· 40h/wk | $143,495 | — |
ANGELA HENRY EMPLOYEE· 40h/wk | $102,376 | — |
+ 12 unpaid officers/directors as reported (AMY HENDRIX, BRAD FRAWLEY, BRYAN RODDA, +9 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 |
|---|---|
| MEMBER DUES AND ASSESSMENTS | $3,840,280 |
| GOLF FEES | $475,481 |
| CART RENTAL FEES | $192,893 |
| GOLF FEES | $150,179 |
| MEMBER RENTALS AND OTHER | $54,624 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$3.0M
▼ $153K paid down
Net land, buildings & equipment
$9.7M
book value, net of depreciation
Facility age
55%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $94,377 |
| Occupancy | $311,008 |
| Depreciation & depletion | $513,253 |
| Information technology | $63,111 |
| Advertising & promotion | $29,390 |
| Office expenses | $36,450 |
| Other professional fees | $262,547 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
WOODLAND COUNTRY CLUB 401(K) PROFIT SHARING PLAN
pension · 36 participants · $1.4M assets · FY2024
WFounded in 1961, Woodland Country Club reported $4.34M of revenue for FY23, at an operating margin of 7.8%. Revenue moved up 3.6% 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 Woodland Country Club’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
BFIGBig Foot Country Club
Revenue $4.3M — near your $4.3M
$4.3Mcompare →
ELYRElyria Country Club
Revenue $4.3M — near your $4.3M
$4.3Mcompare →
SYLVSylvania Country Club
Revenue $4.3M — near your $4.3M
$4.3Mcompare →
Same state · IN
HILLHillcrest Country Club Inc
IN club · $4.4M
$4.4Mcompare →
$4.0Mcompare →
MPORMorris Park Country Club
IN club · $4.8M
$4.8Mcompare →
Similar revenue mix
JCEFJefferson City Country Club
100% similar revenue mix
$5.1Mcompare →
BNUTButler National Golf Club
100% similar revenue mix
$7.6Mcompare →
VISAVisalia Country Club
100% similar revenue mix
$7.7Mcompare →
Same area · Carmel
CSROCrooked Stick Golf Club Inc
Carmel, IN
$5.4Mcompare →