TOWN501(c)(7) · MEDIUMNAICS 713910EIN 42-0926114

Town And Country Club Inc

Nashua, IA · founded 1969
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$167k
▲ 9.9% YoY
FY23 Total Expenses
$169k
▲ 0.1% YoY
Operating Margin
-1.2%
revenue minus expenses ÷ revenue
Employees
14
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$167K
▲ 14.1% / 5y
147189189152167
Expenses
$169K
▲ 10.4% / 5y
153149149169169
Total Assets
$127K
▲ 24.2% / 5y
102154154132127
Total Liabilities
$18K
▼ 39.5% / 5y
3026262118

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$147K$189K$189K$152K$167K+14.1%
Expenses$153K$149K$149K$169K$169K+10.4%
Net surplus-$7K$40K$40K-$17K-$2K-70.3%
Total assets$102K$154K$154K$132K$127K+24.2%
Total liabilities$30K$26K$26K$21K$18K-39.5%
Net assets$73K$128K$128K$111K$109K+50.1%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 8 unpaid officers/directors as reported (AMBER LANE, ANN FERCH, JIM FRANKE, +5 more)

All 8 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
MEMBERSHIP DUES & ASSESSMENTS$57,203
GOLF COURSE ACTIVITIES$25,128
RENTAL INCOME$17,632
RENTAL INCOME$14,057
GOLF COURSE ACTIVITIES$7,016

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$8K
$4K paid down
Net land, buildings & equipment
$84K
book value, net of depreciation
Facility age
83%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$4K$9K$13K$17KFY20 · $17KFY20FY21 · $17KFY21FY22 · $13KFY22FY23 · $8KFY23

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
Insurance$9,251
Depreciation & depletion$8,328
Advertising & promotion$712
Legal fees$2,150

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.

TFounded in 1969, Town And Country Club Inc reported $167k of revenue for FY23, at an operating margin of -1.2%. Revenue moved up 9.9% 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
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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