CORS501(c)(7) · MEDIUMNAICS 713910EIN 75-0211156
Corsicana Country Club Inc
Corsicana, TX · founded 1942
14 filings on recordFY 2010–2023medium confidence
Compare to peers →FY23 Total Revenue
$1.53M
▲ 12.9% YoY
FY23 Total Expenses
$1.53M
▲ 7.5% YoY
Operating Margin
-0.2%
revenue minus expenses ÷ revenue
Employees
61
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$1.5M
▲ 12.2% / 5y
Expenses
$1.5M
▲ 23.0% / 5y
Total Assets
$1.9M
▲ 2.8% / 5y
Total Liabilities
$496K
▼ 29.8% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $1.4M | $1.4M | $1.5M | $1.4M | $1.5M | +12.2% |
| Expenses | $1.2M | $1.2M | $1.2M | $1.4M | $1.5M | +23.0% |
| Net surplus | $117K | $117K | $331K | -$71K | -$3K | -102.5% |
| Total assets | $1.8M | $1.8M | $2.1M | $2.0M | $1.9M | +2.8% |
| Total liabilities | $706K | $706K | $631K | $566K | $496K | -29.8% |
| Net assets | $1.1M | $1.1M | $1.5M | $1.4M | $1.4M | +23.3% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 10 unpaid officers/directors as reported (ATWELL GOINS, DANIEL HARTNETT, ELAINE STROUBE, +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 |
|---|---|
| GOLF INCOME | $143,255 |
| INITIATION FEES | $11,375 |
| LATE FEES | $925 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$448K
▼ $57K paid down
Net land, buildings & equipment
$1.7M
book value, net of depreciation
Facility age
59%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $50,857 |
| Depreciation & depletion | $143,731 |
| Advertising & promotion | $9,376 |
| Office expenses | $2,514 |
| Legal fees | $3,388 |
| Accounting fees | $5,958 |
| Other professional fees | $26,622 |
CFounded in 1942, Corsicana Country Club Inc reported $1.53M of revenue for FY23, at an operating margin of -0.2%. Revenue moved up 12.9% 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
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