MANK501(c)(7) · MEDIUMNAICS 713910EIN 41-0392470

Mankato Golf Club Inc

Mankato, MN
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$3.03M
▲ 6.2% YoY
FY23 Total Expenses
$2.90M
▲ 7.7% YoY
Operating Margin
4.3%
revenue minus expenses ÷ revenue
Employees
145
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$3.0M
▲ 14.7% / 5y
2.63.53.52.83.0
Expenses
$2.9M
▲ 17.0% / 5y
2.52.52.52.72.9
Total Assets
$4.3M
▲ 50.5% / 5y
2.94.14.14.24.3
Total Liabilities
$443K
▼ 26.6% / 5y
603475475437443

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$2.6M$3.5M$3.5M$2.8M$3.0M+14.7%
Expenses$2.5M$2.5M$2.5M$2.7M$2.9M+17.0%
Net surplus$164K$1.0M$1.0M$160K$131K-20.1%
Total assets$2.9M$4.1M$4.1M$4.2M$4.3M+50.5%
Total liabilities$603K$475K$475K$437K$443K-26.6%
Net assets$2.3M$3.6M$3.6M$3.7M$3.9M+71.1%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
DAVE TORBENSON
General Manager· 40h/wk
$136,478$9,792
CALLI RODE
Board Secretary· 40h/wk
$54,375$14,637

+ 9 unpaid officers/directors as reported (BEN KAUS, BOB WALDRON, BRIAN CORBETT, +6 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES/ASSESS$1,469,057
GREENS & OTHER FEES$306,836
OTHER MEMBER INCOME$30,106
TRANSFER & INITIATION$21,081
LOCKER RENTAL INCOME$13,005

MMankato Golf Club Inc reported $3.03M of revenue for FY23, at an operating margin of 4.3%. Revenue moved up 6.2% 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 Tue Oct 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Oct 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Sun Oct 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 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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