Civic Intelligence

Traer Golf & Country Club Inc

EIN 42-0567977 • 501(c)7 • Traer, IA

Profile

Social club that owns and operates a golf course for recreational purposes for the benefit of its members.

PO Box 7Traer, IA 50675
Siviq Scores

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

Liabilities / Assets

87th percentile

0.33x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

88th percentile

0.38x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2025

Net Margin

29th percentile

-5.6%

Higher net margin than 29% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2025

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)7 • <$500k nonprofits • Source year 2025

Asset Growth

32nd percentile

-7.3%

Faster asset growth than 32% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

46th percentile

-0.1%

Faster revenue growth than 46% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$247,555

Down $19,407 (-7.3%) from 2024

Liabilities

Down

$82,338

Down $7,167 (-8.0%) from 2024

Net Assets

Down

$165,217

Down $12,240 (-6.9%) from 2024

Revenue

Down

$217,646

Down $277 (-0.1%) from 2024

Expenses

Up

$229,886

Up $8,743 (+4.0%) from 2024

Net Income

Down

-$12,240

Down $9,020 (-280%) from 2024

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2012: $289,329Liabilities 2012: $310,5342012Assets 2013: $264,007Liabilities 2013: $303,699Net Assets 2013: -$39,6922013Assets 2014: $253,387Liabilities 2014: $296,077Net Assets 2014: -$42,6902014Assets 2015: $232,546Liabilities 2015: $287,6312015Assets 2016: $235,181Liabilities 2016: $289,138Net Assets 2016: -$53,9562016Assets 2017: $250,631Liabilities 2017: $270,642Net Assets 2017: -$20,0112017Assets 2018: $225,879Liabilities 2018: $263,456Net Assets 2018: -$37,5772018Assets 2019: $229,598Liabilities 2019: $256,047Net Assets 2019: -$26,4492019Assets 2020: $206,920Liabilities 2020: $248,196Net Assets 2020: -$41,2762020Assets 2021: $255,095Liabilities 2021: $249,828Net Assets 2021: $5,2672021Assets 2022: $267,143Liabilities 2022: $131,769Net Assets 2022: $135,3742022Assets 2023: $306,731Liabilities 2023: $126,054Net Assets 2023: $180,6772023Assets 2024: $266,962Liabilities 2024: $89,505Net Assets 2024: $177,4572024Assets 2025: $247,555Liabilities 2025: $82,338Net Assets 2025: $165,2172025

Highlighted filing

2025

Assets$247,555
Liabilities$82,338
Net Assets$165,217

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2012: $137,636Expenses 2012: $164,832Net Income 2012: -$27,1962012Revenue 2013: $147,856Expenses 2013: $166,743Net Income 2013: -$18,8872013Revenue 2014: $157,622Expenses 2014: $160,920Net Income 2014: -$3,2982014Revenue 2015: $131,737Expenses 2015: $144,521Net Income 2015: -$12,7842015Revenue 2016: $152,720Expenses 2016: $151,787Net Income 2016: $9332016Revenue 2017: $185,876Expenses 2017: $151,931Net Income 2017: $33,9452017Revenue 2018: $155,083Expenses 2018: $172,649Net Income 2018: -$17,5662018Revenue 2019: $174,190Expenses 2019: $163,062Net Income 2019: $11,1282019Revenue 2020: $160,714Expenses 2020: $175,541Net Income 2020: -$14,8272020Revenue 2021: $266,505Expenses 2021: $219,962Net Income 2021: $46,5432021Revenue 2022: $336,780Expenses 2022: $206,673Net Income 2022: $130,1072022Revenue 2023: $249,447Expenses 2023: $204,144Net Income 2023: $45,3032023Revenue 2024: $217,923Expenses 2024: $221,143Net Income 2024: -$3,2202024Revenue 2025: $217,646Expenses 2025: $229,886Net Income 2025: -$12,2402025

Highlighted filing

2025

Revenue$217,646
Expenses$229,886
Net Income-$12,240

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.48$0.82$1.65$2.18$2.30$0.12
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.67$0.90$1.77$2.18$2.21$0.03
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.07$1.26$1.81$2.49$2.04$0.45
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.67$1.32$1.35$3.37$2.07$1.30
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.55$2.50$0.05$2.67$2.20$0.47
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$2.48$0.41$1.61$1.76$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.30$2.56$0.26$1.74$1.63$0.11
2018Summary only. Only limited summary data is available for this year.$2.26$2.63$0.38$1.55$1.73$0.18
2017Summary only. Only limited summary data is available for this year.$2.51$2.71$0.20$1.86$1.52$0.34
2016Summary only. Only limited summary data is available for this year.$2.35$2.89$0.54$1.53$1.52$0.01
2015Summary only. Only limited summary data is available for this year.$2.33$2.88$1.32$1.45$0.13
2014Summary only. Only limited summary data is available for this year.$2.53$2.96$0.43$1.58$1.61$0.03
2013Summary only. Only limited summary data is available for this year.$2.64$3.04$0.40$1.48$1.67$0.19
2012Summary only. Only limited summary data is available for this year.$2.89$3.11$1.38$1.65$0.27
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Feb 1, 2022 to Jan 31, 2023
Signed
Aug 3, 2023
Return Version
2022v5.0
Gross Receipts
$370,221
Mission and Program Overview

Mission

Social club that owns and operates a golf course for recreational purposes for the benefit of its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$188,816$196,663▲ $7,847
Rtn Earn Endowment Incm Other Fnds$135,374$180,677▲ $45,303
Savings and Temporary Cash Investments$74,685$92,410▲ $17,725
Cash and Non-Interest-Bearing Accounts$3,642$17,658▲ $14,016
Total Assets$267,143$306,731▲ $39,588
Liabilities
Mortgage Notes Payable Secured by Investment Property$131,769$126,054▼ $5,715
Total Liabilities$131,769$126,054▼ $5,715
Net Assets / Fund Balance
Total Net Assets Fund Balance$135,374$180,677▲ $45,303
Total Liabilities and Net Assets / Fund Balance$267,143$306,731▲ $39,588

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$68,863$451,030$519,893
Buildings$92,300$126,335$218,635
Land$35,500-$35,500
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nick PodhajskyDirectorpresident
Nick WhitmoreDirector Vice President
Chris JonesDirector
Dwight HulmeDirector
Sandy WilsonDirector
Shane FranklinDirector
Mike ReumanSecretarytreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$119,444
Program Service Revenue
$2,849
Investment Income
$147
Other Revenue
$127,007
All Other Contributions
$66,072
Change in Net Assets
$45,303
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$120,132
Salaries, Compensation, and Employee Benefits$84,012
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$65,517
All Other Expenses---$28,212
Depreciation Depletion---$20,545
Payroll Taxes---$18,495
Insurance---$15,060
Other Expenses$10,611--$10,611
Interest---$3,693
Total Functional Expenses$0$0$0$204,144
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

The corporation has one class of shareholders.

Member election for additional members Part VI line 7A

The shareholders have the power to elect members of the governing body.

Form 990 governing body review Part VI line 11

Line 11b: the board secretary hand delivers a complete copy of form 990 to board members which is then reviewed by the board at its monthly meeting.

Governing documents etc available to public Part VI line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Traer Golf & Country Club Inc
EIN
42-0567977
Address
PO BOX 7, TRAER, IA 50675

Signing Officer

Name
Mike Reuman
Title
Secretary-treas
Phone
3194788660
Signed
2023-08-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Reuman
Formed
1958
Legal Domicile
Ia
Voting Board Members
6
Independent Board Members
6
Employees
16
Volunteers
50

Preparer

Firm
Bauch & Lechtenberg Law Office
Address
601 First Street PO Box 57, Traer, IA 50675
Preparer
Brent L Lechtenberg
Phone
3194788645
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

Licenses $1797.00postage $116.00grounds $17,910.14grounds misc. $59.39fuel $4932.98miscellaneous $3396.89total - to part ix, line 24e $28,212

Raw XML Appendix332 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.

Path#Value
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IRS990/AllOtherContributionsAmt066072
IRS990/AllOtherExpensesGrp/TotalAmt028212
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IRS990/BooksInCareOfDetail/PersonNm0MIKE REUMAN
IRS990/BooksInCareOfDetail/PhoneNum03194788660
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 7
IRS990/BooksInCareOfDetail/USAddress/CityNm0TRAER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
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IRS990/DecisionsSubjectToApprovaInd0false
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IRS990/DeductibleNonCashContriInd0false
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IRS990/DepreciationDepletionGrp/TotalAmt020545
IRS990/Desc0THE ONLY PROGRAAM OPERATED IS A GOLF COURSE AND CLUBHOUSE FOR THE BENEFIT OF ITS MEMBERS TO BE USED FOR RECREATIONAL PURPOSES.
IRS990/DescribedInSection501c3Ind0false
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
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IRS990/Form990PartVIISectionAGrp/PersonNm1DWIGHT HULME
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IRS990/Form990PartVIISectionAGrp/PersonNm3SHANE FRANKLIN
IRS990/Form990PartVIISectionAGrp/PersonNm4NICK WHITMORE
IRS990/Form990PartVIISectionAGrp/PersonNm5NICK PODHAJSKY
IRS990/Form990PartVIISectionAGrp/PersonNm6MIKE REUMAN
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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTORPRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARYTREASURER
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IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS ONE CLASS OF SHAREHOLDERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SHAREHOLDERS HAVE THE POWER TO ELECT MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 11B: THE BOARD SECRETARY HAND DELIVERS A COMPLETE COPY OF FORM 990 TO BOARD MEMBERS WHICH IS THEN REVIEWED BY THE BOARD AT ITS MONTHLY MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LICENSES $1797.00POSTAGE $116.00GROUNDS $17,910.14GROUNDS MISC. $59.39FUEL $4932.98MISCELLANEOUS $3396.89TOTAL - TO PART IX, LINE 24E $28,212
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other expenses Part IX line 24e
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0267143
IRS990/TotalAssetsEOYAmt0306731
IRS990/TotalAssetsGrp/BOYAmt0267143
IRS990/TotalAssetsGrp/EOYAmt0306731
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0119444
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0204144
IRS990/TotalGrossUBIAmt0104911
IRS990/TotalLiabilitiesBOYAmt0131769
IRS990/TotalLiabilitiesEOYAmt0126054
IRS990/TotalLiabilitiesGrp/BOYAmt0131769
IRS990/TotalLiabilitiesGrp/EOYAmt0126054
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0135374
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0180677
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt02849
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt025092
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0249447
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0104911
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0267143
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0306731
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE REUMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY-TREAS
ReturnHeader/BusinessOfficerGrp/PhoneNum03194788660
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRAER GOLF & COUNTRY CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0TRAE
ReturnHeader/Filer/EIN0420567977
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 7
ReturnHeader/Filer/USAddress/CityNm0TRAER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050675
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0473086620
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Bauch & Lechtenberg Law Office
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0601 First Street PO Box 57
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Traer
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050675
ReturnHeader/PreparerPersonGrp/PhoneNum03194788645
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Brent L Lechtenberg
ReturnHeader/ReturnTs02023-08-02T12:46:54-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MIKE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0REUMAN
ReturnHeader/TaxPeriodBeginDt02022-02-01
ReturnHeader/TaxPeriodEndDt02023-01-31
ReturnHeader/TaxYr02022

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