LBAK501(c)(7) · MEDIUMNAICS 713910EIN 37-0376095
Lakeside Country Club Of Bloomington
Bloomington, IL · founded 1944
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$972k
▼ 4.4% YoY
FY23 Total Expenses
$983k
▲ 7.3% YoY
Operating Margin
-1.2%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$972K
▲ 6.5% / 5y
Expenses
$983K
▲ 4.6% / 5y
Total Assets
$2.2M
▲ 3.9% / 5y
Total Liabilities
$599K
▼ 21.2% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $913K | $931K | $931K | $1.0M | $972K | +6.5% |
| Expenses | $940K | $749K | $749K | $916K | $983K | +4.6% |
| Net surplus | -$27K | $182K | $182K | $101K | -$11K | -58.0% |
| Total assets | $2.1M | $2.2M | $2.2M | $2.2M | $2.2M | +3.9% |
| Total liabilities | $759K | $688K | $688K | $585K | $599K | -21.2% |
| Net assets | $1.4M | $1.5M | $1.5M | $1.6M | $1.6M | +17.7% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 8 unpaid officers/directors as reported (BILL CALDWELL, JIM MODGLIN, MARY GARRISON, +5 more)
All 8 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 item | Amount |
|---|---|
| MEMBERSHIP DUES & ASSE | $605,191 |
| FOOD/BEVERAGE | $277,507 |
| GOLF COURSE | $88,006 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$488K
▼ $22K paid down
Net land, buildings & equipment
$2.1M
book value, net of depreciation
Facility age
0%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $22,726 |
| Information technology | $1,276 |
| Advertising & promotion | $1,448 |
| Office expenses | $4,895 |
| Legal fees | $21,447 |
LFounded in 1944, Lakeside Country Club Of Bloomington reported $972k of revenue for FY23, at an operating margin of -1.2%. Revenue moved down 4.4% 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
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