YELL501(c)(7) · MEDIUMNAICS 713910EIN 81-0228559

Yellowstone Country Club

Billings, MT · founded 1951
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$6.14M
▲ 9.5% YoY
FY23 Total Expenses
$6.18M
▲ 2.5% YoY
Operating Margin
-0.6%
revenue minus expenses ÷ revenue
Employees
240
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$6.1M
▲ 52.3% / 5y
4.05.45.45.66.1
Expenses
$6.2M
▲ 53.9% / 5y
4.05.55.56.06.2
Total Assets
$16.2M
▼ 8.3% / 5y
17.716.916.916.316.2
Total Liabilities
$11.4M
▼ 9.5% / 5y
12.611.911.911.511.4

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$4.0M$5.4M$5.4M$5.6M$6.1M+52.3%
Expenses$4.0M$5.5M$5.5M$6.0M$6.2M+53.9%
Net surplus$21K-$131K-$131K-$414K-$35K-267.6%
Total assets$17.7M$16.9M$16.9M$16.3M$16.2M-8.3%
Total liabilities$12.6M$11.9M$11.9M$11.5M$11.4M-9.5%
Net assets$5.1M$5.0M$5.0M$4.9M$4.8M-5.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
Jeffrie Hunter
General Manager· 40h/wk
$203,277$13,355
Donald Troutman
Exec. Chef & F&B Director· 40h/wk
$155,248$13,355
Chad Dillon
Head Golf Professional· 40h/wk
$105,607$11,321
Cody Schulke
Golf Course Superintendent· 40h/wk
$104,069$11,321

+ 15 unpaid officers/directors as reported (Brad Jensen, Cliff Oppegaard, Dave Cobb, +12 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
Membership Dues$3,946,484
Green Fees$206,511
Cart Fees$206,392
Tournament Fees$59,355
Pool Fees$20,985

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$10.8M
$389K paid down
Net land, buildings & equipment
$13.7M
book value, net of depreciation
Facility age
34%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$2.9M$5.8M$8.6M$11.5MFY20 · $11.5MFY20FY21 · $11.5MFY21FY22 · $11.1MFY22FY23 · $10.8MFY23

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$79,101
Occupancy$463,679
Depreciation & depletion$532,784
Information technology$67,164
Office expenses$214,304
Accounting fees$765
Other professional fees$23,069

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.

YFounded in 1951, Yellowstone Country Club reported $6.14M of revenue for FY23, at an operating margin of -0.6%. Revenue moved up 9.5% 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)
+ 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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