IRRO501(c)(7) · MEDIUMNAICS 713910EIN 38-0680917
Iron River Country Club
Iron River, MI · founded 1960
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$180k
▼ 6.0% YoY
FY23 Total Expenses
$203k
▼ 3.0% YoY
Operating Margin
-12.6%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$180K
▼ 24.0% / 5y
Expenses
$203K
▼ 4.7% / 5y
Total Assets
$100K
▼ 43.0% / 5y
Total Liabilities
$184K
▼ 0.5% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $237K | $180K | $200K | $192K | $180K | -24.0% |
| Expenses | $213K | $212K | $203K | $209K | $203K | -4.7% |
| Net surplus | $24K | -$32K | -$3K | -$17K | -$23K | -192.6% |
| Total assets | $175K | $161K | $145K | $122K | $100K | -43.0% |
| Total liabilities | $185K | $204K | $190K | $184K | $184K | -0.5% |
| Net assets | -$11K | — | — | — | -$85K | +698.6% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 8 unpaid officers/directors as reported (BOB BUSAKOWSKI, BRENDA MARKOLLA, DAVID FRAILING, +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 |
|---|---|
| GOLF COURSE | $86,080 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$96K
book value, net of depreciation
Facility age
—
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY23 · Form 990, Part IX
| Management fees | $0 |
| Insurance | $16,425 |
| Occupancy | $17,305 |
| Depreciation & depletion | $17,746 |
| Information technology | $0 |
| Advertising & promotion | $0 |
| Office expenses | $1,882 |
| Legal fees | $0 |
| Accounting fees | $0 |
| Other professional fees | $110 |
IFounded in 1960, Iron River Country Club reported $180k of revenue for FY23, at an operating margin of -12.6%. Revenue moved down 6.0% 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
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