APPA501(c)(7) · MEDIUMNAICS 713910EIN 42-0173615

Appanoose Country Club

Centerville, IA · founded 1972
14 filings on recordFY 20102023medium confidence
Compare to peers →
FY23 Total Revenue
$315k
▲ 22.5% YoY
FY23 Total Expenses
$334k
▲ 36.4% YoY
Operating Margin
-5.9%
revenue minus expenses ÷ revenue
Employees
14
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$315K
▲ 59.5% / 5y
198254254257315
Expenses
$334K
▲ 70.6% / 5y
196249249245334
Total Assets
$352K
▼ 7.9% / 5y
382366366372352
Total Liabilities
$36K
▼ 39.8% / 5y
6043433736

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$198K$254K$254K$257K$315K+59.5%
Expenses$196K$249K$249K$245K$334K+70.6%
Net surplus$2K$5K$5K$13K-$19K-1065.8%
Total assets$382K$366K$366K$372K$352K-7.9%
Total liabilities$60K$43K$43K$37K$36K-39.8%
Net assets$323K$323K$323K$335K$317K-2.0%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 6 unpaid officers/directors as reported (CARLA UNDERWOOD, DALE SALES, JAMES UNDERWOOD, +3 more)

All 6 listed officers reported $0 compensation — volunteer board.

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
Blackstone Exteriors
GRIMES, IA
Construction & renovation$147,219

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES & ASSESS$146,585
GREEN FEES$20,930
SUMMER CART PASS$17,050
CART SHED RENTAL$14,490
GOLF CART RENTALS$6,841

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
end of year
Net land, buildings & equipment
$289K
book value, net of depreciation
Facility age
67%
accumulated depreciation ÷ cost — higher = older plant

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX
Insurance$14,470
Occupancy$19,542
Depreciation & depletion$11,976
Advertising & promotion$200
Office expenses$660
Accounting fees$3,988

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

AFounded in 1972, Appanoose Country Club reported $315k of revenue for FY23, at an operating margin of -5.9%. Revenue moved up 22.5% 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 Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Sat Dec 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Fri Dec 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 11 more · via ProPublica
The Quarterly · free

Get Appanoose Country Club’s next filing — the day it posts.

We read every 990 so you don't have to — new filings, compensation moves, and the figures worth knowing, four times a year.

Quarterly only · no spam
Free · quarterly · unsubscribe in one click

Similar clubs

matched on revenue, geography & business mix
Same revenue band

Clubs within ±20% of your $315K in total revenue.

NREWNew Rockford Golf Club
Revenue $314K — near your $315K
HILLHilltop Country Club
Revenue $316K — near your $315K
SYLASylacauga Country Club
Revenue $314K — near your $315K
Same state · IA

Clubs in IA, ordered by how close their revenue is to yours.

Similar revenue mix

Clubs whose split across dues, golf, F&B and racquets most resembles yours.

WAUKWaukon Golf & Country Club
100% similar revenue mix
TCRITri City Golf Club
100% similar revenue mix
Similar payroll intensity

Clubs spending ~37% of revenue on payroll, like you.

MONTMonticello Country Club Inc
Payroll intensity 36.9% · near your 36.9%
CAIRCairo Country Club Inc
Payroll intensity 36.9% · near your 36.9%
SCIMSimpson County Country Club Inc
Payroll intensity 36.8% · near your 36.9%
IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
what we read
The Quarterly · delivered free

Read the filings
before the board does.

Every new 990, every shift in the compensation bands, every notable year-over-year swing — compiled into one briefing each edition, for the people who actually run these clubs.

4×
a year · never more
990·
every figure, to a filing
Subscribe
Quarterly only · no spam

No sales mail, no third-party lists.
Unsubscribe anytime.

Privacy PolicyDisclaimerMethodology© 2026 Country Club Intel