| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $3.8M | $5.3M | $5.3M | $4.3M | $5.3M | +40.1% |
| Expenses | $3.7M | $3.9M | $3.9M | $4.0M | $4.7M | +28.7% |
| Net surplus | $150K | $1.4M | $1.4M | $348K | $627K | +317.7% |
| Total assets | $8.8M | $8.5M | $8.5M | $12.1M | $14.9M | +68.6% |
| Total liabilities | $6.7M | $5.2M | $5.2M | $8.5M | $10.6M | +59.5% |
| Net assets | $2.2M | $3.3M | $3.3M | $3.6M | $4.2M | +96.9% |
| Officer · Employee | Reportable | Other |
|---|---|---|
Steve Gilles GM/COO· 40h/wk | $205,773 | $3,448 |
Mike Brower Head Superintendent· 40h/wk | $198,896 | $11,722 |
Matt Paulius Head Golf Professional· 40h/wk | $158,824 | $9,395 |
Paula Keimig Controller· 40h/wk | $118,221 | $10,246 |
Jared Grubor Clubhouse Manager· 40h/wk | $104,810 | $10,962 |
+ 9 unpaid officers/directors as reported (Aaron Koehler, Ben Johnshoy, Bill Brann, +6 more)
No contractors reported.
| Line item | Amount |
|---|---|
| Member Dues | $2,332,116 |
| Capital Fees | $919,900 |
| Initiation Fees | $410,200 |
| Green Fees | $404,844 |
| Golf Cart Fees | $308,697 |
MFounded in 1997, Minnesota Valley Country Club Inc reported $5.34M of revenue for FY23, at an operating margin of 11.8%. Revenue moved up 23.0% 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.