LSEL501(c)(7) · MEDIUMNAICS 713910EIN 41-0374480
Le Sueur Country Club
Le Sueur, MN · founded 1970
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$1.18M
▲ 1.7% YoY
FY23 Total Expenses
$1.41M
▲ 14.9% YoY
Operating Margin
-19.5%
revenue minus expenses ÷ revenue
Employees
74
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$1.2M
▲ 32.8% / 5y
Expenses
$1.4M
▲ 40.3% / 5y
Total Assets
$1.2M
▲ 24.5% / 5y
Total Liabilities
$752K
▲ 280.1% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $887K | $1.0M | $1.0M | $1.2M | $1.2M | +32.8% |
| Expenses | $1.0M | $1.1M | $1.1M | $1.2M | $1.4M | +40.3% |
| Net surplus | -$116K | -$71K | -$71K | -$67K | -$230K | +97.6% |
| Total assets | $999K | $1.0M | $1.0M | $1.1M | $1.2M | +24.5% |
| Total liabilities | $198K | $262K | $262K | $372K | $752K | +280.1% |
| Net assets | $801K | $774K | $774K | $712K | $491K | -38.7% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 8 unpaid officers/directors as reported (BECKY STRANIK, ELLIE SEAVER, JENNIFER ROBERTS, +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 |
|---|---|
| GREEN & RANGE FEES | $233,585 |
| GOLF CAR/CART RENTAL/T | $159,918 |
| CART & BAG STORAGE FEE | $47,287 |
| CART GAS & HANDICAP SR | $9,808 |
| POOL REVENUE | $46 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$457K
▲ $254K new borrowing
Net land, buildings & equipment
$1.0M
book value, net of depreciation
Facility age
59%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $64,108 |
| Information technology | $12,350 |
| Advertising & promotion | $30,447 |
| Office expenses | $5,979 |
| Accounting fees | $13,970 |
LFounded in 1970, Le Sueur Country Club reported $1.18M of revenue for FY23, at an operating margin of -19.5%. Revenue moved up 1.7% 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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