ROED501(c)(7) · MEDIUMNAICS 713910EIN 42-0627684
Red Oak Country Club
Red Oak, IA · founded 1973
13 filings on recordFY 2011–2023medium confidence
Compare to peers →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
Expenses
$591K
▲ 21.0% / 5y
Total Assets
$1.2M
▼ 1.7% / 5y
Total Liabilities
$238K
▼ 3.1% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $515K | $542K | $542K | $447K | $553K | +7.5% |
| Expenses | $488K | $518K | $518K | $510K | $591K | +21.0% |
| Net surplus | $27K | $25K | $25K | -$64K | -$37K | -240.9% |
| Total assets | $1.3M | $1.3M | $1.3M | $1.3M | $1.2M | -1.7% |
| Total liabilities | $246K | $167K | $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 · Employee | Reportable | Other |
|---|---|---|
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)
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$7K
▼ $8K paid down
Net land, buildings & equipment
$1.1M
book value, net of depreciation
Facility age
45%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
Professionally managedFY23 · Form 990, Part IX
| Management fees | $10,575 |
| Insurance | $26,319 |
| Occupancy | $50,605 |
| Depreciation & depletion | $27,165 |
| Advertising & promotion | $4,993 |
| Office expenses | $2,586 |
| Accounting fees | $16,068 |
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
The Quarterly · free
Get Red Oak Country Club’s next filing — the day it posts.
We read every 990 so you don't have to — new filings, compensation moves, and the figures worth knowing, four times a year.
Quarterly only · no spam
Free · quarterly · unsubscribe in one click
Similar clubs
matched on revenue, geography & business mix
Same revenue band
MENDMendota Golf Club
Revenue $554K — near your $553K
$554Kcompare →
HAVAHavana Golf And Country Club Inc
Revenue $556K — near your $553K
$556Kcompare →
MVONMonongahela Valley Country Club
Revenue $549K — near your $553K
$549Kcompare →
Same state · IA
CARRCarroll Country Club Inc
IA club · $558K
$558Kcompare →
HARLHarlan Golf & Country Club
IA club · $548K
$548Kcompare →
WAUKWaukon Golf & Country Club
IA club · $513K
$513Kcompare →
Similar payroll intensity
GOREGreen Oaks Country Club
Payroll intensity 49.9% · near your 49.9%
$3.5Mcompare →
LENALenawee Country Club
Payroll intensity 49.9% · near your 49.9%
$888Kcompare →
BROOBrookville Country Club Inc
Payroll intensity 49.9% · near your 49.9%
$8.6Mcompare →