HILL501(c)(7) · MEDIUMNAICS 713910EIN 37-0326730

Hillsboro Country Club Inc

Hillsboro, IL · founded 1979
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$260k
▼ 6.4% YoY
FY23 Total Expenses
$241k
▲ 4.3% YoY
Operating Margin
7.1%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$260K
▲ 19.3% / 5y
218227227278260
Expenses
$241K
▲ 19.8% / 5y
201182182231241
Total Assets
$351K
▲ 9.6% / 5y
320345345362351
Total Liabilities
$46K
▼ 70.4% / 5y
1571061067646

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$218K$227K$227K$278K$260K+19.3%
Expenses$201K$182K$182K$231K$241K+19.8%
Net surplus$16K$45K$45K$46K$19K+13.9%
Total assets$320K$345K$345K$362K$351K+9.6%
Total liabilities$157K$106K$106K$76K$46K-70.4%
Net assets$163K$239K$239K$286K$304K+86.8%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 9 unpaid officers/directors as reported (BOB ALBRACHT, CLIFF MUELLER, JAKE WEISS, +6 more)

All 9 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
GREEN FEES$7,965

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
end of year
Net land, buildings & equipment
$306K
book value, net of depreciation
Facility age
75%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$26K$53K$79K$106KFY20 · $106KFY20FY21 · $106KFY21

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
Insurance$10,032
Occupancy$18,133
Depreciation & depletion$24,277
Advertising & promotion$559
Office expenses$655
Accounting fees$900

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.

HFounded in 1979, Hillsboro Country Club Inc reported $260k of revenue for FY23, at an operating margin of 7.1%. Revenue moved down 6.4% 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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