WAHK501(c)(7) · MEDIUMNAICS 713910EIN 42-0926272

Wahkonsa Country Club

Durant, IA · founded 1969
14 filings on recordFY 20112024medium confidence
Compare to peers →
FY24 Total Revenue
$402k
▲ 12.6% YoY
FY24 Total Expenses
$325k
▲ 0.1% YoY
Operating Margin
19.2%
revenue minus expenses ÷ revenue
Employees
23
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed
Revenue
$402K
▲ 27.3% / 5y
316316317357402
Expenses
$325K
▲ 33.7% / 5y
243243283325325
Total Assets
$442K
▲ 45.6% / 5y
304304323384442
Total Liabilities
$151K
▼ 7.8% / 5y
164164150178151

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$316K$316K$317K$357K$402K+27.3%
Expenses$243K$243K$283K$325K$325K+33.7%
Net surplus$73K$73K$34K$33K$77K+5.9%
Total assets$304K$304K$323K$384K$442K+45.6%
Total liabilities$164K$164K$150K$178K$151K-7.8%
Net assets$140K$140K$173K$206K$291K+108.3%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther

+ 9 unpaid officers/directors as reported (BRIAN BANE, COLE GRINGS, DAVE FRETT, +6 more)

All 9 listed officers reported $0 compensation — volunteer board.

Top contractors

FY24 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY24 · dues, greens fees, dining, and other sources
Line itemAmount
Membership Dues Etc$191,578
Golf Course$101,181

Balance sheet & capital

FY24 · IRS Form 990, Part X
Mortgages & notes payable
$138K
$29K paid down
Net land, buildings & equipment
$272K
book value, net of depreciation
Facility age
71%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$42K$84K$126K$168KFY20 · $152KFY20FY21 · $152KFY21FY22 · $138KFY22FY23 · $168KFY23FY24 · $138KFY24

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

FY24 · Form 990, Part IX
Occupancy$59,688
Depreciation & depletion$14,670
Information technology$1,617
Office expenses$10,790
Accounting fees$700

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.

WFounded in 1969, Wahkonsa Country Club reported $402k of revenue for FY24, at an operating margin of 19.2%. Revenue moved up 12.6% 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, FY2024 · period ending Mon Sep 30 2024 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2023 · period ending Sat Sep 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Fri Sep 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 11 more · via ProPublica
The Quarterly · free

Get Wahkonsa 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

Clubs within ±20% of your $402K in total revenue.

ECATEaton Country Club Company
Revenue $404K — near your $402K
FHOXFox Hollow Country Club Inc
Revenue $401K — near your $402K
MINDMinden Golf Club Inc
Revenue $405K — near your $402K
Same state · IA

Clubs in IA, ordered by how close their revenue is to yours.

Similar revenue mix

Clubs whose split across dues, golf, F&B and racquets most resembles yours.

FLINFlint Golf Club
100% similar revenue mix
RICHRichland Country Club
100% similar revenue mix
Similar payroll intensity

Clubs spending ~41% of revenue on payroll, like you.

HIGHHighland Country Club Inc
Payroll intensity 41.4% · near your 41.5%
CSOLCold Springs Golf & Country Club
Payroll intensity 41.5% · near your 41.5%
SHAWShawangunk Country Club Inc
Payroll intensity 41.4% · near your 41.5%
IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
what we read
The Quarterly · delivered free

Read the filings
before the board does.

Every new 990, every shift in the compensation bands, every notable year-over-year swing — compiled into one briefing each edition, for the people who actually run these clubs.

4×
a year · never more
990·
every figure, to a filing
Subscribe
Quarterly only · no spam

No sales mail, no third-party lists.
Unsubscribe anytime.

Privacy PolicyDisclaimerMethodology© 2026 Country Club Intel