MILA501(c)(7) · MEDIUMNAICS 713910EIN 62-0596125
Milan Golf And Country Club
Milan, TN · founded 1976
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$596k
▲ 3.1% YoY
FY23 Total Expenses
$545k
▲ 0.7% YoY
Operating Margin
8.5%
revenue minus expenses ÷ revenue
Employees
30
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$596K
▲ 25.7% / 5y
Expenses
$545K
▲ 26.0% / 5y
Total Assets
$366K
▲ 10.9% / 5y
Total Liabilities
$331K
▼ 29.9% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $474K | $575K | $575K | $578K | $596K | +25.7% |
| Expenses | $433K | $493K | $493K | $541K | $545K | +26.0% |
| Net surplus | $41K | $82K | $82K | $36K | $50K | +23.2% |
| Total assets | $330K | $342K | $342K | $350K | $366K | +10.9% |
| Total liabilities | $472K | $406K | $406K | $371K | $331K | -29.9% |
| Net assets | -$142K | -$64K | -$64K | -$21K | $35K | -124.6% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 10 unpaid officers/directors as reported (BIANCA WILSON, CHAD ROBINSON, CODY NELSON, +7 more)
All 10 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 item | Amount |
|---|---|
| PROGRAM SERIVCES | $89,395 |
| GREEN FEES | $42,579 |
| OTHER PROGRAM SERV | $22,131 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$323K
▼ $38K paid down
Net land, buildings & equipment
$259K
book value, net of depreciation
Facility age
83%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $16,629 |
| Occupancy | $32,238 |
| Depreciation & depletion | $3,749 |
| Office expenses | $4,496 |
| Other professional fees | $5,179 |
MFounded in 1976, Milan Golf And Country Club reported $596k of revenue for FY23, at an operating margin of 8.5%. Revenue moved up 3.1% 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
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