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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

MIDL501(c)(7) · MEDIUMNAICS 713910EIN 75-0436942

Midland Country Club

Midland, TX · founded 1934

14 filings on recordFY 2010–2023medium confidence

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FY23 Total Revenue

$15.61M

▼ 2.3% YoY

FY23 Total Expenses

$14.06M

▲ 6.6% YoY

Operating Margin

9.9%

revenue minus expenses ÷ revenue

Employees

235

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$15.6M

▲ 34.8% / 5y

Expenses

$14.1M

▲ 29.5% / 5y

Total Assets

$29.1M

▲ 27.1% / 5y

Total Liabilities

$6.2M

▼ 7.0% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$11.6M	$11.6M	$13.3M	$16.0M	$15.6M	+34.8%
Expenses	$10.9M	$10.9M	$11.0M	$13.2M	$14.1M	+29.5%
Net surplus	$723K	$723K	$2.3M	$2.8M	$1.5M	+114.0%
Total assets	$22.9M	$22.9M	$24.8M	$28.2M	$29.1M	+27.1%
Total liabilities	$6.7M	$6.7M	$6.2M	$6.8M	$6.2M	-7.0%
Net assets	$16.3M	$16.3M	$18.6M	$21.4M	$22.9M	+41.0%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
EVAN JOHANSEN GENERAL MANAGER/COO· 40h/wk	$355,163	$23,374
THOMAS BROWN Golf Course Superintendent· 40h/wk	$205,780	$15,531
MICHAEL DOTY Director of Racquets· 40h/wk	$204,384	$21,790
EVAN DUNKERSON Head Golf Professional· 40h/wk	$190,766	$15,225
CHRIS COOK CLUBHOUSE MANAGER· 40h/wk	$181,064	$5,424
JENNI RIVAS Membership Director· 40h/wk	$160,777	$16,613

+ 12 unpaid officers/directors as reported (BRETT DOUGLAS, BRUCE SHARP, CHRIS BOEHLER, +9 more)

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
MEMBERSHIP DUES	$10,259,718
CLUB & CART RENTALS	$402,213
GREEN FEES	$356,810
LOCKER RENTALS	$75,913
SWIMMING GUEST FEES/COURT FEES	$29,093

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$1.3M

▼ $833K paid down

Net land, buildings & equipment

$19.8M

book value, net of depreciation

Facility age

36%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

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

Occupancy	$773,048
Depreciation & depletion	$1,690,333
Information technology	$102,611
Advertising & promotion	$13,747
Office expenses	$226,036
Legal fees	$18,390
Accounting fees	$34,528
Other professional fees	$119,469

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.

Retirement & benefit plans

DOL Form 5500 · plan sponsors

MIDLAND COUNTRY CLUB 401K PLAN

pension · 90 participants · $3.6M assets · FY2024

MIDLAND COUNTRY CLUB WELFARE BENEFIT PLAN

welfare · 118 participants · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

MFounded in 1934, Midland Country Club reported $15.61M of revenue for FY23, at an operating margin of 9.9%. Revenue moved down 2.3% 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)

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