CASE501(c)(7) · MEDIUMNAICS 713910EIN 37-0208345

Casey Country Club Inc

Casey, IL · founded 1954
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$216k
▲ 12.3% YoY
FY23 Total Expenses
$247k
▲ 21.5% YoY
Operating Margin
-14.0%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$216K
▲ 22.1% / 5y
177211211193216
Expenses
$247K
▲ 31.1% / 5y
188202202203247
Total Assets
$38K
▼ 21.4% / 5y
4853534838
Total Liabilities
$64K
▲ 102.5% / 5y
3239394364

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$177K$211K$211K$193K$216K+22.1%
Expenses$188K$202K$202K$203K$247K+31.1%
Net surplus-$11K$8K$8K-$10K-$30K+174.0%
Total assets$48K$53K$53K$48K$38K-21.4%
Total liabilities$32K$39K$39K$43K$64K+102.5%
Net assets$15K$15K-$26K-275.8%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 7 unpaid officers/directors as reported (BRAD HICKOX, DEAN BLIEVERNECHT, GREG YATES, +4 more)

All 7 listed officers reported $0 compensation — volunteer board.

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
CART RENTAL$54,479
TOURNAMENT AND LEAGUES$41,211
BEER/LIQUOR/FOOD SALES$25,380
GREEN FEES$15,041
PRO SHOP$12,359

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$53K
$12K new borrowing
Net land, buildings & equipment
$22K
book value, net of depreciation
Facility age
96%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$13K$26K$39K$53KFY20 · $35KFY20FY21 · $35KFY21FY23 · $53KFY23

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
Management fees$0
Insurance$0
Occupancy$0
Depreciation & depletion$7,992
Information technology$0
Advertising & promotion$566
Office expenses$1,617
Legal fees$0
Accounting fees$2,025
Other professional fees$0

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.

CFounded in 1954, Casey Country Club Inc reported $216k of revenue for FY23, at an operating margin of -14.0%. Revenue moved up 12.3% 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
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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