Civic Intelligence

Woodstock Club

EIN 35-0768120 • 501(c)7 • Indianapolis, IN

Profile

Woodstock club is a private, family oriented country club committed to providing exceptional food and service, outstanding recreational facilities and delightful social events in our historic setting.

1301 W 38th StIndianapolis, IN 46208

woodstockclub.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

41st percentile

0.30x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

42nd percentile

0.53x

Higher debt load relative to revenue than 42% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Source year 2024

Net Margin

93rd percentile

32%

Higher net margin than 93% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

28th percentile

$176,188

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

501(c)7 • $10M-$25M nonprofits • Source year 2024

Asset Growth

92nd percentile

29%

Faster asset growth than 92% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

51%

Faster revenue growth than 95% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$15,438,978

Up $3,513,281 (+29%) from 2023

Liabilities

Up

$4,592,463

Up $729,907 (+19%) from 2023

Net Assets

Up

$10,846,515

Up $2,783,374 (+35%) from 2023

Operations
Liabilities / Revenue42nd percentileNet Margin93rd percentile

Revenue

Up

$8,624,701

Up $2,927,638 (+51%) from 2023

Expenses

Down

$5,841,327

Down $77,429 (-1.3%) from 2023

Net Income

Up

$2,783,374

Up $3,005,067 (+1356%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth92nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2010: $7,305,631Liabilities 2010: $3,784,234Net Assets 2010: $3,521,3972010Assets 2011: $7,512,487Liabilities 2011: $3,605,206Net Assets 2011: $3,907,2812011Assets 2012: $7,419,725Liabilities 2012: $3,297,682Net Assets 2012: $4,122,0432012Assets 2013: $7,242,666Liabilities 2013: $2,993,742Net Assets 2013: $4,248,9242013Assets 2014: $7,396,892Liabilities 2014: $2,895,402Net Assets 2014: $4,501,4902014Assets 2015: $7,581,051Liabilities 2015: $2,864,861Net Assets 2015: $4,716,1902015Assets 2016: $7,664,352Liabilities 2016: $2,755,194Net Assets 2016: $4,909,1582016Assets 2017: $7,839,284Liabilities 2017: $2,760,508Net Assets 2017: $5,078,7762017Assets 2018: $7,848,499Liabilities 2018: $2,824,889Net Assets 2018: $5,023,6102018Assets 2019: $10,246,829Liabilities 2019: $3,430,664Net Assets 2019: $6,816,1652019Assets 2020: $11,587,681Liabilities 2020: $4,507,272Net Assets 2020: $7,080,4092020Assets 2021: $12,851,152Liabilities 2021: $4,961,206Net Assets 2021: $7,889,9462021Assets 2022: $12,371,328Liabilities 2022: $4,086,494Net Assets 2022: $8,284,8342022Assets 2023: $11,925,697Liabilities 2023: $3,862,556Net Assets 2023: $8,063,1412023Assets 2024: $15,438,978Liabilities 2024: $4,592,463Net Assets 2024: $10,846,5152024

Highlighted filing

2024

Assets$15,438,978
Liabilities$4,592,463
Net Assets$10,846,515
Open 2024 Filing

Operations Trend

Revenue Growth95th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $3,297,7442010Expenses 2011: $3,227,8292011Expenses 2012: $3,218,9242012Expenses 2013: $3,235,9932013Revenue 2014: $3,526,819Expenses 2014: $3,255,913Net Income 2014: $270,9062014Revenue 2015: $3,763,739Expenses 2015: $3,548,939Net Income 2015: $214,8002015Revenue 2016: $3,775,565Expenses 2016: $3,602,896Net Income 2016: $172,6692016Revenue 2017: $3,836,640Expenses 2017: $3,752,769Net Income 2017: $83,8712017Revenue 2018: $3,901,878Expenses 2018: $3,957,044Net Income 2018: -$55,1662018Revenue 2019: $5,897,518Expenses 2019: $4,104,963Net Income 2019: $1,792,5552019Revenue 2020: $4,416,930Expenses 2020: $4,152,686Net Income 2020: $264,2442020Revenue 2021: $5,320,083Expenses 2021: $4,510,546Net Income 2021: $809,5372021Revenue 2022: $5,937,043Expenses 2022: $5,542,155Net Income 2022: $394,8882022Revenue 2023: $5,697,063Expenses 2023: $5,918,756Net Income 2023: -$221,6932023Revenue 2024: $8,624,701Expenses 2024: $5,841,327Net Income 2024: $2,783,3742024

Highlighted filing

2024

Revenue$8,624,701
Expenses$5,841,327
Net Income$2,783,374
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,438,978
Liabilities
$4,592,463
Net assets
$10,846,515
Revenue
$8,624,701
Expenses
$5,841,327
Net income
$2,783,374
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.4$4.59$10.8$8.62$5.84$2.78
2023Detailed filing. Detailed filing data is available for this year.$11.9$3.86$8.06$5.70$5.92$0.22
2022Detailed filing. Detailed filing data is available for this year.$12.4$4.09$8.28$5.94$5.54$0.39
2021Detailed filing. Detailed filing data is available for this year.$12.9$4.96$7.89$5.32$4.51$0.81
2020Detailed filing. Detailed filing data is available for this year.$11.6$4.51$7.08$4.42$4.15$0.26
2019Detailed filing. Detailed filing data is available for this year.$10.2$3.43$6.82$5.90$4.10$1.79
2018Detailed filing. Detailed filing data is available for this year.$7.85$2.82$5.02$3.90$3.96$0.06
2017Detailed filing. Detailed filing data is available for this year.$7.84$2.76$5.08$3.84$3.75$0.08
2016Detailed filing. Detailed filing data is available for this year.$7.66$2.76$4.91$3.78$3.60$0.17
2015Detailed filing. Detailed filing data is available for this year.$7.58$2.86$4.72$3.76$3.55$0.21
2014Detailed filing. Detailed filing data is available for this year.$7.40$2.90$4.50$3.53$3.26$0.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.24$2.99$4.25$3.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.42$3.30$4.12$3.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.51$3.61$3.91$3.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.31$3.78$3.52$3.30
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Dec 1, 2023 to Nov 30, 2024
Signed
Apr 7, 2025
Return Version
2023v6.0
Gross Receipts
$9,238,547
Mission and Program Overview

Mission

Provide social, golf, tennis, and swimming venues for its members and guests.

To provide exceptional food and service, outstanding recreational facilities, and delightful social events in our historic setting.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,342,239$10,779,537▲ $1,437,298
Savings and Temporary Cash Investments$437,630$2,433,456▲ $1,995,826
Cash and Non-Interest-Bearing Accounts$692,027$365,180▼ $326,847
Accounts Receivable$340,307$346,418▲ $6,111
Pledges and Grants Receivable-$180,050-
Inventories for Sale or Use$89,093$78,517▼ $10,576
Prepaid Expenses and Deferred Charges$46,853$76,327▲ $29,474
Total Assets$11,925,697$15,438,978▲ $3,513,281
Other Assets Total$977,548$1,179,493▲ $201,945
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,380,119$2,130,626▼ $249,493
Accounts Payable and Accrued Expenses$473,139$1,268,698▲ $795,559
Other Liabilities$977,548$1,178,639▲ $201,091
Deferred Revenue$31,750$14,500▼ $17,250
Total Liabilities$3,862,556$4,592,463▲ $729,907
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,063,141$10,619,965▲ $2,556,824
Net Assets With Donor Restrictions-$226,550-
Total Net Assets Fund Balance$8,063,141$10,846,515▲ $2,783,374
Total Liabilities and Net Assets / Fund Balance$11,925,697$15,438,978▲ $3,513,281

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,033,488$5,871,654$12,905,142
Leasehold Improvements$1,596,354$2,800,383$4,396,737
Equipment$433,114$1,996,343$2,429,457
Other Land Buildings$1,570,628-$1,570,628
Land$145,953-$145,953
Other Assets Org$38,596--
Compensation and Service Providers
Top Officer Pay28th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Denis DestaicExecutive ChFT$148,073$28,115$176,188
Denis DestaicExecutive Chef-$148,073$28,115$176,188
D Richard DragstremGrounds SupeFT$146,692$14,341$161,033
D Richard DragstremGrounds Superintende-$146,692$14,341$161,033
Barrett MillerGeneral ManaFT$130,141$17,689$147,830

Board Members and Trustees

NameTitle
Dan BeckerPresident
Andy PensoDirector
Claudia RyanDirector
Cynthia SweeneyDirector
Kasey WakefieldDirector
Kelley CrevelingDirector
Larry RoanDirector
Meggie DialsDirector
Rob InselbergDirector
Susan NixonFmr V Presid
David AmstutzSecretary
Beau GarverickTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Nate Holm's Golf ShopPro Services1301 W 38TH STREET, Indianapolis, IN 46208$395,322
-Pro Services1301 W 38TH STREET, Indianapolis, IN 46208$325,817
Revenue and Support

Revenue Composition

Contributions and Grants
$459,642
Program Service Revenue
$6,709,663
Investment Income
$341,880
Other Revenue
$1,113,516
All Other Contributions
$459,642
Change in Net Assets
$2,783,374

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,624,701
Total Revenue per Audited Statements
$8,624,701
Total Revenue per Form 990
$8,624,701
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,507,205
Other Expenses$2,334,122
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,707,141
Depreciation Depletion---$598,460
Occupancy---$574,709
Other Employee Benefits---$380,336
Office Expenses---$374,313
Payroll Taxes---$225,300
Current Officers, Directors, Trustees, and Key Employees---$156,486
Fees for Services Other---$134,094
Interest---$130,408
Insurance---$124,300
Information Technology---$88,840
Travel---$41,523
Conferences and Meetings---$40,644
Pension Plan Contributions---$37,942
Fees for Services Accounting---$27,075
Other Expenses---$11,966
All Other Expenses---$1,404
Fees for Services Legal---$680
Total Functional Expenses$0$0$0$5,841,327

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,841,327
Total Expenses per Audited Statements$5,841,327
Total Expenses per Form 990$5,841,327
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation$1,140,043
Operating Lease Liabilities$38,596
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The members of the club shall include all persons who have been elected to and have accepted membership in the club, and shall specifically also include husband or wife, as the case may be, of every member. There are 4 classes of members: 1 - regular - all members other than nonresident, temporary, or honorary. 2 - nonresident - a person whose legal residence is not in marion county or a surrounding county, whose presence is in the county for 45 days of less. 3 - temporary - members of the armed forces or the u.s. On active duty in time of declared war and having legal residence outside of marion county, but temporarily residing in marion county. 4 - honorary - any person, whose exceptional contribution to the welfare of the club is such that in the judgement of the board of directors he or she is entitled to special recognition thereby implied, upon election by the board of directors shall become an honorary member.”

Form 990, Page 6, Part VI, Line 7B

“Regular members are permitted one vote on selling or disposing of any property of the club exceeding 25,000. All other club decisions are made by the board of directors.”

Form 990, Page 6, Part VI, Line 11B

“The current and past board president and treasurer, along with the general manager do a detailed review of the form 990. The form 990 is then provided to the full board for review prior to filing.”

Form 990, Page 6, Part VI, Line 15A

“The president of the board determines the top management official's compensation. The board approves the compensation amount and a written compansation contract is signed.”

Form 990, Page 6, Part VI, Line 15B

“The top management official would review any key employees' compensation yearly on anniversary date.”

Form 990, Page 6, Part VI, Line 18

“The club's form 990 and 990-t for the last three years are avaialable at guidestar.org irs.gov.”

Form 990, Page 6, Part VI, Line 19

“The club makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Woodstock Club
EIN
35-0768120
Phone
3179263348
Address
1301 W 38TH ST, INDIANAPOLIS, IN 46208

Signing Officer

Name
Barrett Miller
Title
General Manager
Phone
3179263348
Signed
2025-04-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Becker
Formed
1915
Legal Domicile
In
Voting Board Members
10
Independent Board Members
10
Employees
167
Volunteers
62

Preparer

Firm
Dulin Ward & Dewald Inc
Address
9921 DUPONT CIRCLE DR W 300, FORT WAYNE, IN 46825-1610
Preparer
Carrie B Minnich CPA
Phone
2604232414
Raw XML AppendixShowing 400 of 519 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1GROUNDS SUPE
IRS990/Form990PartVIISectionAGrp/TitleTxt2GENERAL MANA
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4FMR V PRESID
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
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IRS990/MissionDesc0WOODSTOCK CLUB IS A PRIVATE, FAMILY ORIENTED COUNTRY CLUB COMMITTED TO PROVIDING EXCEPTIONAL FOOD AND SERVICE, OUTSTANDING RECREATIONAL FACILITIES AND DELIGHTFUL SOCIAL EVENTS IN OUR HISTORIC SETTING.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DENIS DESTAIC
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1D RICHARD DRAGSTREM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE CHEF
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS OF THE CLUB SHALL INCLUDE ALL PERSONS WHO HAVE BEEN ELECTED TO AND HAVE ACCEPTED MEMBERSHIP IN THE CLUB, AND SHALL SPECIFICALLY ALSO INCLUDE HUSBAND OR WIFE, AS THE CASE MAY BE, OF EVERY MEMBER. THERE ARE 4 CLASSES OF MEMBERS: 1 - REGULAR - ALL MEMBERS OTHER THAN NONRESIDENT, TEMPORARY, OR HONORARY. 2 - NONRESIDENT - A PERSON WHOSE LEGAL RESIDENCE IS NOT IN MARION COUNTY OR A SURROUNDING COUNTY, WHOSE PRESENCE IS IN THE COUNTY FOR 45 DAYS OF LESS. 3 - TEMPORARY - MEMBERS OF THE ARMED FORCES OR THE U.S. ON ACTIVE DUTY IN TIME OF DECLARED WAR AND HAVING LEGAL RESIDENCE OUTSIDE OF MARION COUNTY, BUT TEMPORARILY RESIDING IN MARION COUNTY. 4 - HONORARY - ANY PERSON, WHOSE EXCEPTIONAL CONTRIBUTION TO THE WELFARE OF THE CLUB IS SUCH THAT IN THE JUDGEMENT OF THE BOARD OF DIRECTORS HE OR SHE IS ENTITLED TO SPECIAL RECOGNITION THEREBY IMPLIED, UPON ELECTION BY THE BOARD OF DIRECTORS SHALL BECOME AN HONORARY MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REGULAR MEMBERS ARE PERMITTED ONE VOTE ON SELLING OR DISPOSING OF ANY PROPERTY OF THE CLUB EXCEEDING 25,000. ALL OTHER CLUB DECISIONS ARE MADE BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CURRENT AND PAST BOARD PRESIDENT AND TREASURER, ALONG WITH THE GENERAL MANAGER DO A DETAILED REVIEW OF THE FORM 990. THE FORM 990 IS THEN PROVIDED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRESIDENT OF THE BOARD DETERMINES THE TOP MANAGEMENT OFFICIAL'S COMPENSATION. THE BOARD APPROVES THE COMPENSATION AMOUNT AND A WRITTEN COMPANSATION CONTRACT IS SIGNED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE TOP MANAGEMENT OFFICIAL WOULD REVIEW ANY KEY EMPLOYEES' COMPENSATION YEARLY ON ANNIVERSARY DATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CLUB'S FORM 990 AND 990-T FOR THE LAST THREE YEARS ARE AVAIALABLE AT GUIDESTAR.ORG IRS.GOV.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CLUB MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A

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