LAKE501(c)(7) · MEDIUMNAICS 713910EIN 42-0369873
Lakeview Golf & Country Club
Chariton, IA · founded 1977
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$224k
▼ 9.2% YoY
FY23 Total Expenses
$190k
▼ 12.4% YoY
Operating Margin
15.2%
revenue minus expenses ÷ revenue
Employees
18
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$224K
▲ 11.9% / 5y
Expenses
$190K
▼ 10.3% / 5y
Total Assets
$344K
▲ 93.3% / 5y
Total Liabilities
$4K
▼ 88.7% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $200K | $369K | $369K | $247K | $224K | +11.9% |
| Expenses | $212K | $240K | $240K | $217K | $190K | -10.3% |
| Net surplus | -$12K | $130K | $130K | $30K | $34K | -391.5% |
| Total assets | $178K | $266K | $266K | $336K | $344K | +93.3% |
| Total liabilities | $37K | $37K | $37K | $36K | $4K | -88.7% |
| Net assets | $141K | $229K | $229K | $301K | $340K | +140.6% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 6 unpaid officers/directors as reported (Charles Craig Anderson, Dave Hardie, Kyle Hardin, +3 more)
All 6 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 | $117,869 |
| Green Fees & other rental | $24,232 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$213K
book value, net of depreciation
Facility age
75%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Management fees | $0 |
| Insurance | $14,588 |
| Occupancy | $76,181 |
| Depreciation & depletion | $12,108 |
| Information technology | $0 |
| Advertising & promotion | $0 |
| Office expenses | $0 |
| Legal fees | $0 |
| Accounting fees | $17,550 |
| Other professional fees | $0 |
LFounded in 1977, Lakeview Golf & Country Club reported $224k of revenue for FY23, at an operating margin of 15.2%. Revenue moved down 9.2% 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
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