GMLE501(c)(7) · CONFIRMEDNAICS 713910EIN 81-0535683
Glendive Municipal Golf Course
Glendive, MT · founded 2006
13 filings on recordFY 2011–2023high confidence
Compare to peers →FY23 Total Revenue
$426k
▲ 46.5% YoY
FY23 Total Expenses
$403k
▲ 6.9% YoY
Operating Margin
5.4%
revenue minus expenses ÷ revenue
Employees
21
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$426K
▲ 66.3% / 5y
Expenses
$403K
▲ 60.6% / 5y
Total Assets
$608K
▲ 46.2% / 5y
Total Liabilities
$178K
▲ 3516.8% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $256K | $274K | $274K | $291K | $426K | +66.3% |
| Expenses | $251K | $224K | $224K | $377K | $403K | +60.6% |
| Net surplus | $5K | $49K | $49K | -$86K | $23K | +340.6% |
| Total assets | $416K | $502K | $502K | $420K | $608K | +46.2% |
| Total liabilities | $5K | $8K | $8K | $13K | $178K | +3516.8% |
| Net assets | $411K | $494K | $494K | $407K | $430K | +4.7% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
KATYLN PETERSON MANAGER· 50h/wk | $66,335 | — |
+ 8 unpaid officers/directors as reported (BLAINE BERG, DAMEN SCHERTING, JASON STANFILL, +5 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 |
|---|---|
| DUES | $292,530 |
| PRO SHOP | $17,828 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$571K
book value, net of depreciation
Facility age
51%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY23 · Form 990, Part IX
| Management fees | $0 |
| Insurance | $18,451 |
| Occupancy | $88,202 |
| Depreciation & depletion | $15,048 |
| Information technology | $0 |
| Advertising & promotion | $799 |
| Office expenses | $3,274 |
| Legal fees | $0 |
| Accounting fees | $10,204 |
| Other professional fees | $0 |
GFounded in 2006, Glendive Municipal Golf Course reported $426k of revenue for FY23, at an operating margin of 5.4%. Revenue moved up 46.5% 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
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