Civic Intelligence

Orange City Municipal Golf Assoc

EIN 42-1425805 • 501(c)7 • Orange City, IA

Profile

Provide golf and related activites to the orange city, ia area

902 7th Street NEOrange City, IA 51041

www.landsmeergolfclub.com

Siviq Scores

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

Liabilities / Assets

54th percentile

0.18x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.43x

Higher debt load relative to revenue than 59% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Net Margin

27th percentile

-1.5%

Higher net margin than 27% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

501(c)7 • $1M-$5M nonprofits • Source year 2024

Asset Growth

14th percentile

-6.4%

Faster asset growth than 14% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

7.0%

Faster revenue growth than 55% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,790,283

Down $122,067 (-6.4%) from 2023

Liabilities

Down

$314,681

Down $111,014 (-26%) from 2023

Net Assets

Down

$1,475,602

Down $11,053 (-0.7%) from 2023

Revenue

Up

$735,312

Up $48,252 (+7.0%) from 2023

Expenses

Up

$746,365

Up $26,048 (+3.6%) from 2023

Net Income

Up

-$11,053

Up $22,204 (+67%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,640,889Liabilities 2011: $401,600Net Assets 2011: $1,239,2892011Assets 2012: $1,697,830Liabilities 2012: $463,688Net Assets 2012: $1,234,1422012Assets 2013: $1,678,555Liabilities 2013: $389,678Net Assets 2013: $1,288,8772013Assets 2014: $1,682,816Liabilities 2014: $345,722Net Assets 2014: $1,337,0942014Assets 2015: $1,520,923Liabilities 2015: $276,072Net Assets 2015: $1,244,8512015Assets 2016: $1,938,600Liabilities 2016: $194,165Net Assets 2016: $1,744,4352016Assets 2017: $1,995,792Liabilities 2017: $157,344Net Assets 2017: $1,838,4482017Assets 2018: $1,934,542Liabilities 2018: $153,262Net Assets 2018: $1,781,2802018Assets 2019: $1,859,270Liabilities 2019: $190,362Net Assets 2019: $1,668,9082019Assets 2020: $1,744,131Liabilities 2020: $191,617Net Assets 2020: $1,552,5142020Assets 2021: $1,735,711Liabilities 2021: $193,764Net Assets 2021: $1,541,9472021Assets 2022: $1,956,457Liabilities 2022: $446,567Net Assets 2022: $1,509,8902022Assets 2023: $1,912,350Liabilities 2023: $425,695Net Assets 2023: $1,486,6552023Assets 2024: $1,790,283Liabilities 2024: $314,681Net Assets 2024: $1,475,6022024

Highlighted filing

2024

Assets$1,790,283
Liabilities$314,681
Net Assets$1,475,602

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $533,374Expenses 2011: $498,736Net Income 2011: $34,6382011Revenue 2012: $582,730Expenses 2012: $542,380Net Income 2012: $40,3502012Revenue 2013: $581,303Expenses 2013: $528,953Net Income 2013: $52,3502013Revenue 2014: $606,049Expenses 2014: $513,073Net Income 2014: $92,9762014Revenue 2015: $567,596Expenses 2015: $597,335Net Income 2015: -$29,7392015Revenue 2016: $872,464Expenses 2016: $698,226Net Income 2016: $174,2382016Revenue 2017: $798,694Expenses 2017: $704,681Net Income 2017: $94,0132017Revenue 2018: $578,702Expenses 2018: $635,870Net Income 2018: -$57,1682018Revenue 2019: $622,468Expenses 2019: $734,840Net Income 2019: -$112,3722019Revenue 2020: $596,739Expenses 2020: $713,133Net Income 2020: -$116,3942020Revenue 2021: $643,521Expenses 2021: $654,088Net Income 2021: -$10,5672021Revenue 2022: $653,070Expenses 2022: $685,127Net Income 2022: -$32,0572022Revenue 2023: $687,060Expenses 2023: $720,317Net Income 2023: -$33,2572023Revenue 2024: $735,312Expenses 2024: $746,365Net Income 2024: -$11,0532024

Highlighted filing

2024

Revenue$735,312
Expenses$746,365
Net Income-$11,053

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.79$0.31$1.48$0.74$0.75$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.91$0.43$1.49$0.69$0.72$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.96$0.45$1.51$0.65$0.69$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.74$0.19$1.54$0.64$0.65$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.74$0.19$1.55$0.60$0.71$0.12
2019Detailed filing. Detailed filing data is available for this year.$1.86$0.19$1.67$0.62$0.73$0.11
2018Detailed filing. Detailed filing data is available for this year.$1.93$0.15$1.78$0.58$0.64$0.06
2017Detailed filing. Detailed filing data is available for this year.$2.00$0.16$1.84$0.80$0.70$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.94$0.19$1.74$0.87$0.70$0.17
2015Summary only. Only limited summary data is available for this year.$1.52$0.28$1.24$0.57$0.60$0.03
2014Summary only. Only limited summary data is available for this year.$1.68$0.35$1.34$0.61$0.51$0.09
2013Summary only. Only limited summary data is available for this year.$1.68$0.39$1.29$0.58$0.53$0.05
2012Summary only. Only limited summary data is available for this year.$1.70$0.46$1.23$0.58$0.54$0.04
2011Summary only. Only limited summary data is available for this year.$1.64$0.40$1.24$0.53$0.50$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 19, 2025
Return Version
2024v5.0
Gross Receipts
$860,964
Mission and Program Overview

Mission

Provide golf and related activites to the orange city, ia area

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,538,148$1,646,668▲ $108,520
Inventories for Sale or Use$18,623$20,629▲ $2,006
Cash and Non-Interest-Bearing Accounts$36,016$8,433▼ $27,583
Accounts Receivable$41$3,174▲ $3,133
Total Assets$1,912,350$1,790,283▼ $122,067
Other Assets Total$319,522$111,379▼ $208,143
Liabilities
Unsecured Notes Loans Payable$184,944$188,663▲ $3,719
Other Liabilities$165,936$111,379▼ $54,557
Accounts Payable and Accrued Expenses$67,392$9,685▼ $57,707
Deferred Revenue$7,423$4,954▼ $2,469
Total Liabilities$425,695$314,681▼ $111,014
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,486,655$1,475,602▼ $11,053
Total Net Assets Fund Balance$1,486,655$1,475,602▼ $11,053
Total Liabilities and Net Assets / Fund Balance$1,912,350$1,790,283▼ $122,067

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$777,524$1,819,095$2,596,619
Land$869,144-$869,144
Other Assets Org$111,379--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Austin ReitzPresident
James JeltemaDirector
Josh ChristiansDirector
Amy SchmidtSecretary
Aaron AbersonTreasurer
Nick AdamsVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$150,555
Program Service Revenue
$516,761
Investment Income
$3,446
Other Revenue
$64,550
Change in Net Assets
$-11,053

Audited Revenue Reconciliation

Revenue per Audited Statements
$735,312
Total Revenue per Audited Statements
$735,312
Total Revenue per Form 990
$735,312
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$431,838
Salaries, Compensation, and Employee Benefits$314,527
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$274,718--$274,718
Depreciation Depletion$101,219--$101,219
All Other Expenses$67,417$14,291-$81,708
Other Expenses$39,480$1,582-$41,062
Insurance-$30,500-$30,500
Payroll Taxes$23,059--$23,059
Fees for Services Management$15,363$1,885-$17,248
Other Employee Benefits$16,750--$16,750
Interest$5,620--$5,620
Total Functional Expenses$698,107$48,258$0$746,365

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$746,365
Total Expenses per Audited Statements$746,365
Total Expenses per Form 990$746,365
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
Operating Lease Payable$111,379
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

Board members are given copies of the form 990 for review before filing

Form 990, Page 6, Part VI, Line 12C

Conflict of interest policy is reviewed with each new board. Members are required to disclose any possible conflicts of interest that exist when they join the board

Form 990, Page 6, Part VI, Line 19

Governing documents and financial statements are available upon request

Filing and Contact Details

Filer

Filer Name
Orange City Municipal Golf Assoc
EIN
42-1425805
Phone
7123600525
Address
902 7TH STREET NE, ORANGE CITY, IA 51041
Doing Business As
Landsmeer Golf Club

Signing Officer

Name
Austin Reitz
Title
President
Phone
7127376000
Signed
2025-05-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Austin Reitz
Formed
1995
Legal Domicile
Ia
Voting Board Members
6
Independent Board Members
6
Employees
42

Preparer

Firm
Williams & Company CPA Pc
Address
21 1ST AVENUE NW, LE MARS, IA 51031
Preparer
Justin H Jacobsma CPA
Phone
7125467801
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Provided golf and leisure activites to the orange city, ia area

Form 990, Part IX, Line 24E

Utilities 15,095 14,291 0 tournaments 18,951 0 0 dues & licenses 17,778 0 0 fuel/leubricants 16,446 0 0 cell phone 2,565 0 0 security 617 0 0 rentals 189 0 0 miscellaneous -4,224 0 0 total 67,417 14,291 0

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IRS990/PYContributionsGrantsAmt0150480
IRS990/PYInvestmentIncomeAmt0-9239
IRS990/PYOtherExpensesAmt0427351
IRS990/PYOtherRevenueAmt061795
IRS990/PYProgramServiceRevenueAmt0484024
IRS990/PYRevenuesLessExpensesAmt0-33257
IRS990/PYSalariesCompEmpBnftPaidAmt0292966
IRS990/PYTotalExpensesAmt0720317
IRS990/PYTotalRevenueAmt0687060
IRS990/ReconcilationRevenueExpnssAmt0-11053
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0777524
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01819095
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02596619
IRS990ScheduleD/ExpensesSubtotalAmt0746365
IRS990ScheduleD/LandGrp/BookValueAmt0869144
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0869144
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0111379
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPERATING LEASE ROU ASSET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0111379
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0735312
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01646668
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0111379
IRS990ScheduleD/TotalExpensesPerForm990Amt0746365
IRS990ScheduleD/TotalLiabilityAmt0111379
IRS990ScheduleD/TotalRevenuePerForm990Amt0735312
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0735312
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0746365
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDED GOLF AND LEISURE ACTIVITES TO THE ORANGE CITY, IA AREA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE GIVEN COPIES OF THE FORM 990 FOR REVIEW BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST POLICY IS REVIEWED WITH EACH NEW BOARD. MEMBERS ARE REQUIRED TO DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST THAT EXIST WHEN THEY JOIN THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UTILITIES 15,095 14,291 0 TOURNAMENTS 18,951 0 0 DUES & LICENSES 17,778 0 0 FUEL/LEUBRICANTS 16,446 0 0 CELL PHONE 2,565 0 0 SECURITY 617 0 0 RENTALS 189 0 0 MISCELLANEOUS -4,224 0 0 TOTAL 67,417 14,291 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01912350
IRS990/TotalAssetsEOYAmt01790283
IRS990/TotalAssetsGrp/BOYAmt01912350
IRS990/TotalAssetsGrp/EOYAmt01790283
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0150555
IRS990/TotalEmployeeCnt042
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt048258
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0698107
IRS990/TotalFunctionalExpensesGrp/TotalAmt0746365
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0425695
IRS990/TotalLiabilitiesEOYAmt0314681
IRS990/TotalLiabilitiesGrp/BOYAmt0425695
IRS990/TotalLiabilitiesGrp/EOYAmt0314681
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01486655
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01475602
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt02556
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt02556
IRS990/TotalProgramServiceRevenueAmt0516761
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0584757
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0735312
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01912350
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01790283
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0184944
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0188663
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0902 7TH STREET NE
IRS990/USAddress/CityNm0ORANGE CITY
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd051041
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.LANDSMEERGOLFCLUB.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AUSTIN REITZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07127376000
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ORANGE CITY MUNICIPAL GOLF ASSOC
ReturnHeader/Filer/BusinessNameControlTxt0ORAN
ReturnHeader/Filer/EIN0421425805
ReturnHeader/Filer/PhoneNum07123600525
ReturnHeader/Filer/USAddress/AddressLine1Txt0902 7TH STREET NE
ReturnHeader/Filer/USAddress/CityNm0ORANGE CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd051041
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421377056
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WILLIAMS & COMPANY CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt021 1ST AVENUE NW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LE MARS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd051031
ReturnHeader/PreparerPersonGrp/PhoneNum07125467801
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JUSTIN H JACOBSMA CPA
ReturnHeader/ReturnTs02025-06-09T10:02:58-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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