WIND501(c)(7) · MEDIUMNAICS 713910EIN 41-0673616
Windom Country Club Inc
Windom, MN · founded 1983
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$343k
▲ 12.8% YoY
FY23 Total Expenses
$306k
▲ 9.5% YoY
Operating Margin
10.8%
revenue minus expenses ÷ revenue
Employees
15
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$343K
▲ 44.6% / 5y
Expenses
$306K
▲ 19.8% / 5y
Total Assets
$202K
▲ 41.3% / 5y
Total Liabilities
$27K
▼ 22.9% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $237K | $316K | $316K | $304K | $343K | +44.6% |
| Expenses | $255K | $310K | $310K | $279K | $306K | +19.8% |
| Net surplus | -$18K | $6K | $6K | $25K | $37K | -303.3% |
| Total assets | $143K | $146K | $146K | $160K | $202K | +41.3% |
| Total liabilities | $35K | $33K | $33K | $23K | $27K | -22.9% |
| Net assets | $108K | $113K | $113K | $138K | $175K | +61.9% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 7 unpaid officers/directors as reported (BETSY HERDING, CHAD MERRIHEW, DARIN ARNDT, +4 more)
All 7 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 ASSESSMENTS | $135,929 |
| GREEN FEES TOURN. - NONMEMBERS | $35,288 |
| GREEN FEES TOURN - MEMBERS | $32,211 |
| COMPUTER HANDICAPS - MEMBERS | $2,295 |
| COMPUTER HANDICAPS - NONMEMBERS | $255 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$128K
book value, net of depreciation
Facility age
87%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY23 · Form 990, Part IX
| Management fees | $0 |
| Insurance | $9,002 |
| Occupancy | $32,685 |
| Depreciation & depletion | $8,503 |
| Information technology | $0 |
| Advertising & promotion | $1,273 |
| Office expenses | $1,583 |
| Legal fees | $0 |
| Accounting fees | $3,620 |
| Other professional fees | $0 |
WFounded in 1983, Windom Country Club Inc reported $343k of revenue for FY23, at an operating margin of 10.8%. Revenue moved up 12.8% 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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