SOAN501(c)(7) · MEDIUMNAICS 713910EIN 37-0523530

Soangetaha Country Club

Galesburg, IL · founded 1945
14 filings on recordFY 20112024medium confidence
FY24 Total Revenue
$2.42M
▲ 75.0% YoY
FY24 Total Expenses
$1.49M
▼ 4.3% YoY
Operating Margin
38.4%
revenue minus expenses ÷ revenue
Employees
50
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed
Revenue
$2.4M
▲ 83.1% / 5y
1.31.61.71.42.4
Expenses
$1.5M
▲ 12.4% / 5y
1.31.31.41.61.5
Total Assets
$3.0M
▲ 95.2% / 5y
1.62.02.32.13.0
Total Liabilities
$301K
▼ 24.5% / 5y
399452285250301

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$1.3M$1.6M$1.7M$1.4M$2.4M+83.1%
Expenses$1.3M$1.3M$1.4M$1.6M$1.5M+12.4%
Net surplus-$5K$344K$309K-$175K$929K-19476.4%
Total assets$1.6M$2.0M$2.3M$2.1M$3.0M+95.2%
Total liabilities$399K$452K$285K$250K$301K-24.5%
Net assets$1.2M$1.5M$2.0M$1.8M$2.7M+136.3%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther
BRAD FRIEND
GENERAL MANAGERGOLF PROFESSI· 50h/wk
$86,250

+ 10 unpaid officers/directors as reported (ADAM TURNER, DOUG MOORE, JOHN DREDGE, +7 more)

Top contractors

FY24 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY24 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$1,241,310
CART RENTAL$66,055
GREEN FEES$58,595
LICENSE FEES$39,675
POOL FEES$19,268

SFounded in 1945, Soangetaha Country Club reported $2.42M of revenue for FY24, at an operating margin of 38.4%. Revenue moved up 75.0% 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, FY2024 · period ending Sun Jun 30 2024 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2023 · period ending Fri Jun 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Thu Jun 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 11 more · via ProPublica
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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