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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

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

Des Moines Golf And Country Club

Wdm, IA · founded 1993

13 filings on recordFY 2011–2023medium confidence

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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

Expenses

$14.4M

▲ 24.9% / 5y

Total Assets

$25.2M

▲ 46.2% / 5y

Total Liabilities

$10.3M

▲ 71.0% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$11.6M	$11.9M	$11.9M	$13.7M	$16.0M	+37.7%
Expenses	$11.6M	$11.1M	$11.1M	$12.8M	$14.4M	+24.9%
Net surplus	$56K	$806K	$806K	$834K	$1.6M	+2671.9%
Total assets	$17.2M	$19.5M	$19.5M	$24.3M	$25.2M	+46.2%
Total liabilities	$6.0M	$7.1M	$7.1M	$11.0M	$10.3M	+71.0%
Net assets	$11.2M	$12.4M	$12.4M	$13.3M	$14.8M	+32.8%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
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 item	Amount
MEMBERSHIP DUES & ASSESSMENTS	$10,593,952
GOLF/TENNIS/POOL SERVICES	$1,984,848
PRO SHOP - LOCKER	$88,290

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$7.7M

▼ $1.2M paid down

Net land, buildings & equipment

$22.8M

book value, net of depreciation

Facility age

55%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

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	$241,534
Occupancy	$1,164,685
Depreciation & depletion	$1,850,707
Advertising & promotion	$85,223
Office expenses	$493,795
Accounting fees	$87,998
Other professional fees	$329,544

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.

Retirement & benefit plans

DOL Form 5500 · plan sponsors

DES MOINES GOLF AND COUNTRY CLUB 401(K) RETIREMENT PLAN

pension · 76 participants · $4.3M assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

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)

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