ROED501(c)(7) · MEDIUMNAICS 713910EIN 42-0627684

Red Oak Country Club

Red Oak, IA · founded 1973
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$553k
▲ 23.9% YoY
FY23 Total Expenses
$591k
▲ 15.8% YoY
Operating Margin
-6.8%
revenue minus expenses ÷ revenue
Employees
39,721
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$553K
▲ 7.5% / 5y
515521542447553
Expenses
$591K
▲ 21.0% / 5y
488455518510591
Total Assets
$1.2M
▼ 1.7% / 5y
1.31.31.31.31.2
Total Liabilities
$238K
▼ 3.1% / 5y
246189167222238

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$515K$521K$542K$447K$553K+7.5%
Expenses$488K$455K$518K$510K$591K+21.0%
Net surplus$27K$66K$25K-$64K-$37K-240.9%
Total assets$1.3M$1.3M$1.3M$1.3M$1.2M-1.7%
Total liabilities$246K$189K$167K$222K$238K-3.1%
Net assets$1.0M$1.1M$1.1M$1.0M$995K-1.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
Stephen Purcell
Course Manager· 40h/wk
$48,431
Debra Allen
Past Club Manager· 60h/wk
$48,247
Chase Samples
Club Interm Manager· 70h/wk
$10,575

+ 9 unpaid officers/directors as reported (Andrew Whigham, Bill Billings, Jason Orme, +6 more)

RFounded in 1973, Red Oak Country Club reported $553k of revenue for FY23, at an operating margin of -6.8%. Revenue moved up 23.9% 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
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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