SHEW501(c)(7) · MEDIUMNAICS 713910EIN 36-2678457

Shewami Country Club

Watseka, IL
12 filings on recordFY 20112022medium confidence
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FY22 Total Revenue
$483k
▲ 7.5% YoY
FY22 Total Expenses
$430k
▼ 14.1% YoY
Operating Margin
10.9%
revenue minus expenses ÷ revenue
Employees
16
headcount as reported on filing

The Five-Year Picture

FY2018 — FY2022 · as filed
Revenue
$483K
▲ 23.2% / 5y
392366449449483
Expenses
$430K
▲ 4.4% / 5y
412382501501430
Total Assets
$239K
▲ 163.8% / 5y
9177189189239
Total Liabilities
$157K
▲ 3420.9% / 5y
47158158157

Year-on-year detail

from IRS Form 990
LineFY18FY19FY20FY21FY22Δ total
Revenue$392K$366K$449K$449K$483K+23.2%
Expenses$412K$382K$501K$501K$430K+4.4%
Net surplus-$20K-$16K-$52K-$52K$53K-361.1%
Total assets$91K$77K$189K$189K$239K+163.8%
Total liabilities$4K$7K$158K$158K$157K+3420.9%
Net assets$86K$70K$31K$31K$82K-4.4%

Officer & staff compensation

FY22 · from IRS Form 990
Officer · EmployeeReportableOther

+ 10 unpaid officers/directors as reported (Adam Knapp, Brian Hasbargen, David Nagele, +7 more)

All 10 listed officers reported $0 compensation — volunteer board.

Top contractors

FY22 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY22 · dues, greens fees, dining, and other sources
Line itemAmount
Dues$157,000
Guest Fees$106,208
Cart Rentals$101,708
Tournaments/Outings$42,209
Private Cart Fees$12,825

Balance sheet & capital

FY22 · IRS Form 990, Part X
Mortgages & notes payable
$148K
$2K paid down
Net land, buildings & equipment
$27K
book value, net of depreciation
Facility age
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$38K$75K$113K$150KFY20 · $150KFY20FY21 · $150KFY21FY22 · $148KFY22

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

FY22 · Form 990, Part IX
Insurance$14,872
Accounting fees$3,556

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.

SShewami Country Club reported $483k of revenue for FY22, at an operating margin of 10.9%. Revenue moved up 7.5% 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, 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)
Form 990, FY2020 · period ending Thu Dec 31 2020 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 9 more · via ProPublica
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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