BHEA501(c)(7) · MEDIUMNAICS 713910EIN 42-0888737

Beaver Hills Country Club

Cedar Falls, IA · founded 1968
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$3.03M
▲ 7.6% YoY
FY23 Total Expenses
$2.63M
▲ 6.8% YoY
Operating Margin
13.2%
revenue minus expenses ÷ revenue
Employees
89
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$3.0M
▲ 78.8% / 5y
1.71.82.22.83.0
Expenses
$2.6M
▲ 56.5% / 5y
1.71.72.02.52.6
Total Assets
$4.5M
▲ 29.7% / 5y
3.53.53.84.04.5
Total Liabilities
$1.3M
▲ 1.0% / 5y
1.31.21.31.31.3

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$1.7M$1.8M$2.2M$2.8M$3.0M+78.8%
Expenses$1.7M$1.7M$2.0M$2.5M$2.6M+56.5%
Net surplus$14K$84K$185K$353K$400K+2700.5%
Total assets$3.5M$3.5M$3.8M$4.0M$4.5M+29.7%
Total liabilities$1.3M$1.2M$1.3M$1.3M$1.3M+1.0%
Net assets$2.2M$2.2M$2.4M$2.8M$3.2M+47.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
CHAD HOFFMAN
CAO· 40h/wk
$134,895

+ 10 unpaid officers/directors as reported (BETHANY BENNER, BILL TYE, BRAD WHITE, +7 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES AND AS$1,595,531
DINING ROOM SALES$789,585
PRO SHOP$478,587
GREEN FEES$98,249
PARKING SPACE INCOME$18,375

BFounded in 1968, Beaver Hills Country Club reported $3.03M of revenue for FY23, at an operating margin of 13.2%. Revenue moved up 7.6% 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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