Civic Intelligence

Butler National Golf Club

EIN 36-2712964 • 501(c)7 • Oak Brook, IL

Profile

A private membership country club to serve the social and recreational needs exclusively of its members.

2616 South York RoadOak Brook, IL 60521

butlernationalgolf.memberstatements.com

Siviq Scores

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

Liabilities / Assets

11th percentile

0.11x

Higher debt load relative to assets than 11% of similar nonprofits.

501(c)7 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

23rd percentile

0.38x

Higher debt load relative to revenue than 23% of similar nonprofits.

501(c)7 • $25M-$50M nonprofits • Source year 2024

Net Margin

76th percentile

14%

Higher net margin than 76% of similar nonprofits.

501(c)7 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

56th percentile

$371,482

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

501(c)7 • $25M-$50M nonprofits • Source year 2024

Asset Growth

57th percentile

5.8%

Faster asset growth than 57% of similar nonprofits.

501(c)7 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

57th percentile

7.9%

Faster revenue growth than 57% of similar nonprofits.

501(c)7 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$28,683,503

Up $1,580,672 (+5.8%) from 2023

Liabilities

Up

$3,115,758

Up $454,922 (+17%) from 2023

Net Assets

Up

$25,567,745

Up $1,125,750 (+4.6%) from 2023

Revenue

Up

$8,241,750

Up $604,603 (+7.9%) from 2023

Expenses

Up

$7,116,000

Up $372,741 (+5.5%) from 2023

Net Income

Up

$1,125,750

Up $231,862 (+26%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $21,798,437Liabilities 2011: $2,782,148Net Assets 2011: $19,016,2892011Assets 2012: $21,503,250Liabilities 2012: $2,691,929Net Assets 2012: $18,811,3212012Assets 2013: $21,455,772Liabilities 2013: $1,973,646Net Assets 2013: $19,482,1262013Assets 2014: $21,398,950Liabilities 2014: $1,617,443Net Assets 2014: $19,781,5072014Assets 2015: $21,410,080Liabilities 2015: $1,366,607Net Assets 2015: $20,043,4732015Assets 2016: $21,747,626Liabilities 2016: $1,336,629Net Assets 2016: $20,410,9972016Assets 2017: $21,867,969Liabilities 2017: $1,379,562Net Assets 2017: $20,488,4072017Assets 2018: $22,069,040Liabilities 2018: $1,472,412Net Assets 2018: $20,596,6282018Assets 2019: $22,783,264Liabilities 2019: $1,815,497Net Assets 2019: $20,967,7672019Assets 2020: $23,801,567Liabilities 2020: $2,513,627Net Assets 2020: $21,287,9402020Assets 2021: $25,200,525Liabilities 2021: $2,213,007Net Assets 2021: $22,987,5182021Assets 2022: $25,324,313Liabilities 2022: $1,776,206Net Assets 2022: $23,548,1072022Assets 2023: $27,102,831Liabilities 2023: $2,660,836Net Assets 2023: $24,441,9952023Assets 2024: $28,683,503Liabilities 2024: $3,115,758Net Assets 2024: $25,567,7452024

Highlighted filing

2024

Assets$28,683,503
Liabilities$3,115,758
Net Assets$25,567,745

Operations Trend

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

$10M$5.0M$0Expenses 2011: $4,787,5482011Expenses 2012: $4,866,6642012Expenses 2013: $4,857,1362013Revenue 2014: $5,122,005Expenses 2014: $4,822,624Net Income 2014: $299,3812014Revenue 2015: $5,168,563Expenses 2015: $4,906,597Net Income 2015: $261,9662015Revenue 2016: $5,318,782Expenses 2016: $4,951,258Net Income 2016: $367,5242016Revenue 2017: $5,144,892Expenses 2017: $5,067,482Net Income 2017: $77,4102017Revenue 2018: $5,212,518Expenses 2018: $5,104,297Net Income 2018: $108,2212018Revenue 2019: $5,831,350Expenses 2019: $5,370,211Net Income 2019: $461,1392019Revenue 2020: $5,809,007Expenses 2020: $5,488,834Net Income 2020: $320,1732020Revenue 2021: $6,926,656Expenses 2021: $5,867,645Net Income 2021: $1,059,0112021Revenue 2022: $6,779,577Expenses 2022: $6,218,988Net Income 2022: $560,5892022Revenue 2023: $7,637,147Expenses 2023: $6,743,259Net Income 2023: $893,8882023Revenue 2024: $8,241,750Expenses 2024: $7,116,000Net Income 2024: $1,125,7502024

Highlighted filing

2024

Revenue$8,241,750
Expenses$7,116,000
Net Income$1,125,750

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.7$3.12$25.6$8.24$7.12$1.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.1$2.66$24.4$7.64$6.74$0.89
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.3$1.78$23.5$6.78$6.22$0.56
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.2$2.21$23.0$6.93$5.87$1.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.8$2.51$21.3$5.81$5.49$0.32
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.8$1.82$21.0$5.83$5.37$0.46
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.1$1.47$20.6$5.21$5.10$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.9$1.38$20.5$5.14$5.07$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.7$1.34$20.4$5.32$4.95$0.37
2015Detailed filing. Detailed filing data is available for this year.$21.4$1.37$20.0$5.17$4.91$0.26
2014Detailed filing. Detailed filing data is available for this year.$21.4$1.62$19.8$5.12$4.82$0.30
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.5$1.97$19.5$4.86
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.5$2.69$18.8$4.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.8$2.78$19.0$4.79
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Apr 25, 2025
Return Version
2023v6.0
Gross Receipts
$9,323,594
Mission and Program Overview

Mission

A private membership country club to serve the social and recreational needs exclusively of its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$20,602,612$22,220,857▲ $1,618,245
Cash and Non-Interest-Bearing Accounts$4,718,661$4,313,340▼ $405,321
Accounts Receivable$433,075$639,808▲ $206,733
Inventories for Sale or Use$380,939$375,793▼ $5,146
Prepaid Expenses and Deferred Charges$123,030$349,179▲ $226,149
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$27,102,831$28,683,503▲ $1,580,672
Other Assets Total$844,514$784,526▼ $59,988
Liabilities
Accounts Payable and Accrued Expenses$1,347,239$1,913,656▲ $566,417
Other Liabilities$705,681$640,436▼ $65,245
Deferred Revenue$607,916$561,666▼ $46,250
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,660,836$3,115,758▲ $454,922
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$24,441,995$25,567,745▲ $1,125,750
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$24,441,995$25,567,745▲ $1,125,750
Total Liabilities and Net Assets / Fund Balance$27,102,831$28,683,503▲ $1,580,672

Asset Categories

AssetBook ValueDepreciationBasis
Land$14,505,000-$14,505,000
Other Land Buildings$3,583,158$8,227,753$11,810,911
Buildings$2,619,478$3,841,141$6,460,619
Equipment$1,513,221$4,659,475$6,172,696
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mike SaulsGrounds SuperintendentFT$314,632$56,850$371,482
Rodney J WrayDirector of GolfFT$280,783$78,150$358,933
Michael DasbachControllerFT$174,620$53,150$227,770
Filiberto HuertaExecutive ChefFT$115,776$17,450$133,226

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$6,763,378
Investment Income
$242,265
Other Revenue
$1,236,107
Change in Net Assets
$1,125,750

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,323,594
Revenue Not Reported on Financial Statements
$-1,081,844
Other Revenue Adjustments
$-1,081,844
Total Revenue per Audited Statements
$9,323,594
Total Revenue per Form 990
$8,241,750
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,097,693
Other Expenses$3,018,307
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,544,984
Current Officers, Directors, Trustees, and Key Employees---$1,091,411
Depreciation Depletion---$922,033
Occupancy---$520,854
Payroll Taxes---$333,003
Insurance---$198,608
All Other Expenses---$145,700
Office Expenses---$112,968
Pension Plan Contributions---$65,095
Other Employee Benefits---$63,200
Fees for Services Accounting---$52,395
Conferences and Meetings---$47,344
Other Expenses---$40,409
Fees for Services Legal---$34,156
Interest---$33,841
Total Functional Expenses$0$0$0$7,116,000

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,197,844
Expenses per Audited Statements$7,116,000
Total Expenses per Form 990$7,116,000
Expenses Not Reported on Form 990$1,081,844
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lt Operating Lease Obligation$640,436
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A Line 6

There are two major classes of members, equity members amd non-equity members. Equity members purchase a redeemable or partially redeemable certificate and are entitled to share in liquidation proceeds. These members have authority to elect the governing body and also approve siginificant decisions made by the governing body. Non-equity members are not entitled to vote, hold office, share in liquidation proceeds, or have their initiation fees refunded in whole or in part.

Form 990, Part VI, Section A, Line 7A

If a Board member leaves or vacates their position, the remaining Board members have the right to appoint an equity member to the Board. However, the appointed equity member must be in good standing with the club. The board members shall elect equity members to fill vacancies in the board to serve until the next annual meeting of the club.

Form 990, Part VI, Section A, Line 7B

The equity members have the right to ratify significant decisions made by the Board members. Examples of these significant decisions might include the approval of capital expenditures exceeding $500,000 or obtaining new loans or drawing on the club's line of credit.

Form 990, Part VI, Section B, Line 11B

The Return is prepared by the Club's Public Accounting Firm, Mowery and Schoenfeld, LLC and is reviewed by the Club's Controller, Manager, and Treasurer.

Form 990, Part VI, Section B, Line 15A/B

The compensation of key employees' is determined and approved by the Board of Governors. The manager and president review the historical compensation during the approval process.

Form 990, Part VI, Section C, Line 19

A private member club is not required to make the governing documents, or financial statements available to the public. However, Form 990 is available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Butler National Golf Club
EIN
36-2712964
In Care Of
% MICHAEL DASBACH
Phone
6309903333
Address
2616 South York Road, Oak Brook, IL 60521

Signing Officer

Name
Michael Dasbach
Title
Controller
Phone
6309903333
Signed
2025-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Dasbach
Formed
1968
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
117
Volunteers
10

Preparer

Firm
Mowery & Schoenfeld LLC
Address
475 Half Day Road Suite 500, Lincolnshire, IL 60069
Preparer
Nicole M Lindley
Phone
8472478959
Supplemental Narrative

Financial Statement Notes

Part XI, Line 4B

Cost of Goods Sold: (1,081,844)

Part XII, Line 2D

Cost of Goods Sold: 1,081,844

Part X, Line 2

Accounting Standards Codification ("ASC") 740-10, "Accounting for Uncertainty in Income Taxes" requires that uncertain income tax provisions be recorded in the financial statements at an amount that would most likely be realized assuming a review by the tax authorities. Management has assessed its income tax positions and believes any potential liability that might arise from a review by tax authorities would be immaterial to the financial statements taken as a whole. As of October 31, 2024, the Club's income tax returns for fiscal years 2021 and subsequent are subject to examination by the IRS.

Raw XML AppendixShowing 400 of 510 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/BooksInCareOfDetail/PhoneNum06309903333
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IRS990/Form990PartVIISectionAGrp/TitleTxt2CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt3Executive Chef
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IRS990/Form990PartVIISectionAGrp/TitleTxt7GOVERNOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8GOVERNOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt12SECRETARY
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IRS990/OtherRevenueMiscGrp/Desc1WINE SALES
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LT OPERATING LEASE OBLIGATION
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IRS990ScheduleD/RevenueSubtotalAmt09323594
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Cost of Goods Sold: (1,081,844)
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Cost of Goods Sold: 1,081,844
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Accounting Standards Codification ("ASC") 740-10, "Accounting for Uncertainty in Income Taxes" requires that uncertain income tax provisions be recorded in the financial statements at an amount that would most likely be realized assuming a review by the tax authorities. Management has assessed its income tax positions and believes any potential liability that might arise from a review by tax authorities would be immaterial to the financial statements taken as a whole. As of October 31, 2024, the Club's income tax returns for fiscal years 2021 and subsequent are subject to examination by the IRS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part X, Line 2
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