DMES501(c)(7) · MEDIUMNAICS 713910EIN 42-0214510

Des Moines Golf And Country Club

Wdm, IA · founded 1993
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$16.01M
▲ 17.2% YoY
FY23 Total Expenses
$14.45M
▲ 12.7% YoY
Operating Margin
9.7%
revenue minus expenses ÷ revenue
Employees
486
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$16.0M
▲ 37.7% / 5y
11.611.111.913.716.0
Expenses
$14.4M
▲ 24.9% / 5y
11.610.711.112.814.4
Total Assets
$25.2M
▲ 46.2% / 5y
17.217.119.524.325.2
Total Liabilities
$10.3M
▲ 71.0% / 5y
6.05.47.111.010.3

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$11.6M$11.1M$11.9M$13.7M$16.0M+37.7%
Expenses$11.6M$10.7M$11.1M$12.8M$14.4M+24.9%
Net surplus$56K$461K$806K$834K$1.6M+2671.9%
Total assets$17.2M$17.1M$19.5M$24.3M$25.2M+46.2%
Total liabilities$6.0M$5.4M$7.1M$11.0M$10.3M+71.0%
Net assets$11.2M$11.6M$12.4M$13.3M$14.8M+32.8%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
RUEHLING MATT
General Manager· 50h/wk
$258,531$21,965
HOWE SCOTT
Head Golf Professional· 50h/wk
$209,603$21,141
TEGTMEIER RICK
Golf Course Superintendent· 50h/wk
$203,063$11,993
QUITNEY MARK
Executive Chef· 50h/wk
$150,833$14,515
BROWN JOE
Assistant General Manager· 50h/wk
$125,875$10,415
TERHARK BRIAN
CFO/CONTROLLER· 50h/wk
$121,500$3,207
BENSON JEFF
Director of Racquets· 50h/wk
$113,807$9,349

+ 17 unpaid officers/directors as reported (ANDREWS CHRIS, ANDREWS DAMON, AUER JOHN, +14 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 & ASSESSMENTS$10,593,952
GOLF/TENNIS/POOL SERVICES$1,984,848
PRO SHOP - LOCKER$88,290

DFounded in 1993, Des Moines Golf And Country Club reported $16.01M of revenue for FY23, at an operating margin of 9.7%. Revenue moved up 17.2% 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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