PLIN501(c)(7) · MEDIUMNAICS 713910EIN 42-0470170

Pine Lake Country Club

Eldora, IA · founded 1943
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$181k
▼ 6.7% YoY
FY23 Total Expenses
$185k
▲ 0.8% YoY
Operating Margin
-2.0%
revenue minus expenses ÷ revenue
Employees
15
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$181K
▲ 8.8% / 5y
166210210194181
Expenses
$185K
▼ 0.1% / 5y
185189189183185
Total Assets
$213K
▲ 6.6% / 5y
200239239235213
Total Liabilities
$39K
▼ 55.9% / 5y
8771715739

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$166K$210K$210K$194K$181K+8.8%
Expenses$185K$189K$189K$183K$185K-0.1%
Net surplus-$19K$21K$21K$11K-$4K-80.2%
Total assets$200K$239K$239K$235K$213K+6.6%
Total liabilities$87K$71K$71K$57K$39K-55.9%
Net assets$168K$168K$178K$175K+4.2%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 7 unpaid officers/directors as reported (AMANDA JONES, BRIAN WELTZ, JACOB TRAVIS, +4 more)

All 7 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 itemAmount
MEMBER SALES-GREEN FEES$32,318
MEMBER SALES-CART RENTAL$17,157
MEMBER SALES-SHED RENT$8,150
MEMBER SALES-CLUBHOUSE$2,250
MEMBER SALES-TRAIL FEE$1,983

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$30K
$26K paid down
Net land, buildings & equipment
$172K
book value, net of depreciation
Facility age
79%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$16K$32K$47K$63KFY20 · $63KFY20FY21 · $63KFY21FY22 · $56KFY22FY23 · $30KFY23

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
Management fees$0
Insurance$0
Occupancy$19,981
Depreciation & depletion$12,036
Information technology$0
Advertising & promotion$774
Office expenses$0
Legal fees$6,679
Accounting fees$0
Other professional fees$0

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.

PFounded in 1943, Pine Lake Country Club reported $181k of revenue for FY23, at an operating margin of -2.0%. Revenue moved down 6.7% 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)
+ 10 more · via ProPublica
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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