HOLD501(c)(7) · MEDIUMNAICS 713910EIN 47-0191706

Holdrege Country Club

Holdrege, NE · founded 1934
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$693k
▲ 25.2% YoY
FY23 Total Expenses
$634k
▲ 2.9% YoY
Operating Margin
8.5%
revenue minus expenses ÷ revenue
Employees
24
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$693K
▲ 57.6% / 5y
440440525553693
Expenses
$634K
▲ 48.7% / 5y
426426480616634
Total Assets
$649K
▼ 17.2% / 5y
784784783676649
Total Liabilities
$28K
▼ 86.1% / 5y
20420415911428

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$440K$440K$525K$553K$693K+57.6%
Expenses$426K$426K$480K$616K$634K+48.7%
Net surplus$13K$13K$45K-$63K$59K+342.3%
Total assets$784K$784K$783K$676K$649K-17.2%
Total liabilities$204K$204K$159K$114K$28K-86.1%
Net assets$580K$580K$624K$561K$621K+7.1%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 5 unpaid officers/directors as reported (ETHAN SONESON, FLIP KIDDER, REED WALLER, +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
GREEN FEES$68,404
OTHER GOLFING INCOME$40,274
OTHER INCOME$143

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
end of year
Net land, buildings & equipment
$550K
book value, net of depreciation
Facility age
74%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$45K$89K$134K$178KFY19 · $178KFY19FY20 · $178KFY20FY21 · $135KFY21FY22 · $90KFY22

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$10,852
Depreciation & depletion$88,297
Advertising & promotion$595
Office expenses$1,124
Other professional fees$6,235

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.

HFounded in 1934, Holdrege Country Club reported $693k of revenue for FY23, at an operating margin of 8.5%. Revenue moved up 25.2% 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 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)
Form 990, FY2021 · period ending Thu Sep 30 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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