LCAK501(c)(7) · MEDIUMNAICS 713910EIN 42-0754142

Lake City Country Club

Lake City, IA · founded 1972
14 filings on recordFY 20102023medium confidence
FY23 Total Revenue
$459k
▲ 26.8% YoY
FY23 Total Expenses
$406k
▲ 21.7% YoY
Operating Margin
11.5%
revenue minus expenses ÷ revenue
Employees
24
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$459K
▲ 75.5% / 5y
261366366362459
Expenses
$406K
▲ 57.5% / 5y
258293293334406
Total Assets
$571K
▲ 15.9% / 5y
492534534543571
Total Liabilities
$213K
▼ 30.5% / 5y
306257257238213

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$261K$366K$366K$362K$459K+75.5%
Expenses$258K$293K$293K$334K$406K+57.5%
Net surplus$4K$73K$73K$28K$53K+1338.2%
Total assets$492K$534K$534K$543K$571K+15.9%
Total liabilities$306K$257K$257K$238K$213K-30.5%
Net assets$186K$277K$277K$305K$358K+92.1%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 5 unpaid officers/directors as reported (ALISHA BATZ, JIM BROWN, LUKE SCHUMACHER, +2 more)

All 5 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
BUILDING ASSESSMENT$34,200
SPECIAL EVENTS$12,654
GREEN FEES - 990T$12,069
SHED RENTAL$11,856
CART RENTAL - 990T$9,909

LFounded in 1972, Lake City Country Club reported $459k of revenue for FY23, at an operating margin of 11.5%. Revenue moved up 26.8% 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)
+ 11 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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