Wakonda Club

Des Moines, IA
Tax-exempt since May 1951
EIN: 42-0624971

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Type of Nonprofit

Designated as a 501(c)(7) Social and recreational clubs.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Revenue

$6.25M (2023)

Expenses

$4.99M (2023)

Total Assets

$15.8M (2023)

Total Liabilities

$10M (2023)

Years with multiple filings

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$6,250,335

Expenses

$4,992,734

Net Income

$1,257,601

Net Assets

$5,773,778

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$670,557	10.7%
Program Services	$4,273,388	68.4%
Investment Income	$139,871	2.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$16,076
Net Inventory Sales	$912,030	14.6%
Other Revenue	$270,565	4.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$203,326	4.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,986,834	39.8%

Assets/Debt
Total Assets	$15,776,563
Total Liabilities	$10,002,785
Net Assets	$5,773,778

Club or Co-Op Income
Initiation Fees & Contributions	$2,153,055
Income From Public Use of Club Facilities	$503,177

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Kinney Rheanne (General Manager/Coo)	$183,311	$0	$20,015
Wilson Dane (Grounds Superintendent)	$145,650	$0	$7,672
Krueger Aaron (Director Of Golf)	$113,485	$0	$12,436
Ruan Iv John (President)	$0	$0	$0
Cownie Peter (Vice President)	$0	$0	$0
Ruperto Melinda (Secretary/Treasurer)	$0	$0	$0
Smith Robert (Director)	$0	$0	$0
Michelson Ann (Director)	$0	$0	$0
Ferrari Jenny (Director)	$0	$0	$0
Owenson Jenifer (Director)	$0	$0	$0
Grimm Kevin (Director)	$0	$0	$0
O'donnell Mike (Director)	$0	$0	$0

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990

Filed on Sept. 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$6,606,072

Expenses

$6,910,637

Net Income

-$304,565

Net Assets

$4,516,177

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$6,059,701	91.7%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$546,371	8.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$219,007	3.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,941,187	42.6%

Assets/Debt
Total Assets	$7,776,236
Total Liabilities	$3,260,059
Net Assets	$4,516,177

Club or Co-Op Income
Initiation Fees & Contributions	$682,620
Income From Public Use of Club Facilities	$651,761

Compensation

Key Employees and Officers	Compensation	Related	Other
Kinney Rheanne (General Manager/Coo)	$175,026	$0	$43,981
Wilson Dane (Grounds Superintendent)	$143,514	$0	$25,709
Krueger Aaron (Director Of Golf)	$117,251	$0	$24,007
Ruan Iv John (President)	$0	$0	$0
Cownie Peter (Vice President)	$0	$0	$0
Ruperto Melinda (Secretary/Treasurer)	$0	$0	$0
Smith Bob (Director)	$0	$0	$0
Michelson Ann (Director)	$0	$0	$0
Ferrari Jenny (Director)	$0	$0	$0
Owenson Jenifer (Director)	$0	$0	$0
Grimm Kevin (Director)	$0	$0	$0
O'donnell Mike (Director)	$0	$0	$0

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990

Filed on Aug. 15, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$6,317,346

Expenses

$6,105,828

Net Income

$211,518

Net Assets

$4,098,525

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$537,430	8.5%
Program Services	$5,710,497	90.4%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$69,419	1.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$329,571	5.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,557,058	41.9%

Assets/Debt
Total Assets	$7,236,069
Total Liabilities	$3,137,544
Net Assets	$4,098,525

Club or Co-Op Income
Initiation Fees & Contributions	$699,273
Income From Public Use of Club Facilities	$699,863

Compensation

Key Employees and Officers	Compensation	Related	Other
Kinney Rheanne (General Manager/Coo)	$187,218	$0	$18,518
Wilson Dane (Grounds Superintendent)	$119,025	$0	$4,810
Roth Jonathan (President)	$0	$0	$0
Gradoville Bernie (Vice President)	$0	$0	$0
Iv Ruan John (Secretary)	$0	$0	$0
Fisher John (Treasurer)	$0	$0	$0
Niebur Bill (Honorary Past President)	$0	$0	$0
Owenson Jenifer (Director)	$0	$0	$0
Cody Justin (Director)	$0	$0	$0
Hansen Jill (Director)	$0	$0	$0
Kruse Jr Harrison (Director)	$0	$0	$0
Lewis Jr Ellen (Director)	$0	$0	$0
Ovrom Eliza (Director)	$0	$0	$0
Smith Bob (Director)	$0	$0	$0

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990

Filed on Nov. 9, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$980,076

Expenses

$857,240

Net Income

$122,836

Net Assets

$3,887,007

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$187,500	19.1%
Program Services	$791,601	80.8%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$975	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$55,808	6.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$273,413	31.9%

Assets/Debt
Total Assets	$7,172,797
Total Liabilities	$3,285,790
Net Assets	$3,887,007

Club or Co-Op Income
Initiation Fees & Contributions	$83,760
Income From Public Use of Club Facilities	$3,435

Compensation

Key Employees and Officers	Compensation	Related	Other
Kinney Rheanne (General Manager)	$187,761	$0	$0
Temme John (Grounds Superintendent)	$116,828	$0	$0
Krueger Aaron (Director Of Golf)	$110,220	$0	$0
Cavanaugh Jane (Business Manager)	$98,343	$0	$0
Tuttle Andrew (Business Manager)	$41,515	$0	$0
Roth Jonathan (President)	$0	$0	$0
Gradoville Bernie (Vice President)	$0	$0	$0
Niebur Bill (President Immediate Past)	$0	$0	$0
Fisher John (Treasurer)	$0	$0	$0
Ruan John Iv (Secretary)	$0	$0	$0
Ovrom Eliza (Director)	$0	$0	$0
Cody Justin (Director)	$0	$0	$0
Smith Bob (Director)	$0	$0	$0
Hansen Jill (Director)	$0	$0	$0
Owensen Jenifer (Director)	$0	$0	$0

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990

Filed on Dec. 21, 2021

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Fiscal Year Ending Oct.
2020

Revenue

$5,857,449

Expenses

$6,138,161

Net Income

-$280,712

Net Assets

$3,764,171

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$73,100	1.2%
Program Services	$5,441,205	92.9%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$14,041
Net Inventory Sales	$0
Other Revenue	$357,185	6.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$254,625	4.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,233,461	36.4%

Assets/Debt
Total Assets	$7,353,722
Total Liabilities	$3,589,551
Net Assets	$3,764,171

Club or Co-Op Income
Initiation Fees & Contributions	$386,662
Income From Public Use of Club Facilities	$204,189

Compensation

Key Employees and Officers	Compensation	Related	Other
Wilson Dane (Grounds Superintendent)	$125,000	$0	$0
Krueger Aaron (Director Of Golf)	$110,795	$0	$0
Kinney Rheanne (General Manager)	$105,262	$0	$0
Tuttle Andrew (Business Manager)	$65,000	$0	$0
Cavanaugh Jane (Business Manager)	$22,925	$0	$0
Roth Jonathan (President)	$0	$0	$0
Gradoville Bernie (Vice President)	$0	$0	$0
Niebur Bill (President Immediate Past)	$0	$0	$0
Fisher John (Treasurer)	$0	$0	$0
Ruan John Iv (Secretary)	$0	$0	$0
Ovrom Eliza (Director)	$0	$0	$0
Cody Justin (Director)	$0	$0	$0
Smith Bob (Director)	$0	$0	$0
Hansen Jill (Director)	$0	$0	$0
Owensen Jenifer (Director)	$0	$0	$0

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990

Filed on Dec. 8, 2021

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Fiscal Year Ending Oct.
2019

Revenue

$7,076,797

Expenses

$6,871,035

Net Income

$205,762

Net Assets

$4,044,883

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$6,763,485	95.6%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$72,731	1.0%
Net Inventory Sales	$0
Other Revenue	$240,581	3.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$170,000	2.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,685,224	39.1%

Assets/Debt
Total Assets	$7,337,827
Total Liabilities	$3,292,944
Net Assets	$4,044,883

Club or Co-Op Income
Initiation Fees & Contributions	$372,344
Income From Public Use of Club Facilities	$959,072

Compensation

Key Employees and Officers	Compensation	Related	Other
Temme John (Grounds Superintendent)	$120,250	$0	$0
Krueger Aaron (Director Of Golf)	$105,083	$0	$0
Cavanaugh Jane (Business Manager)	$85,000	$0	$0
Niebur Bill (President/Secretary)	$0	$0	$0
Kirsner Larry (President Honorary)	$0	$0	$0
Watson Fiona (Vice President)	$0	$0	$0
Fisher John (Treasurer)	$0	$0	$0
Witke Greg (Director)	$0	$0	$0
Abrahamson Kirk (Director)	$0	$0	$0
Donnelly Tom (Director)	$0	$0	$0
Roth Jonathan (Director)	$0	$0	$0
Gradoville Bernie (Director)	$0	$0	$0
Cody Justin (Director)	$0	$0	$0
Kinney Rheanne (General Manager)	$0	$0	$0

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990

Filed on Sept. 16, 2020

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Fiscal Year Ending Oct.
2018

Revenue

$6,858,172

Expenses

$6,856,871

Net Income

$1,301

Net Assets

$3,839,121

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$6,841,147	99.8%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$17,025	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$375,838	5.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,413,338	35.2%

Assets/Debt
Total Assets	$7,219,647
Total Liabilities	$3,380,526
Net Assets	$3,839,121

Club or Co-Op Income
Initiation Fees & Contributions	$355,663
Income From Public Use of Club Facilities	$941,909

Compensation

Key Employees and Officers	Compensation	Related	Other
Schneider David (General Manager Through Jan 2018)	$175,490	$0	$17,901
Temme John (Grounds Superintendent)	$120,814	$0	$18,593
Terhark Brian (Business Manager Through July 2018)	$64,007	$0	$1,464
Parks Gwen (Business Manager)	$48,423	$0	$4,387
Maurer Dave (President)	$0	$0	$0
Kirsner Larry (President Honorary)	$0	$0	$0
Watson Fiona (Vice President)	$0	$0	$0
Niebur Bill (Secretary)	$0	$0	$0
Winterbottom Brad (Treasurer)	$0	$0	$0
Beroth Matt (General Manager Starting May 2018)	$0	$0	$0
Witke Greg (Director)	$0	$0	$0
Abrahamson Kirk (Director)	$0	$0	$0
Donnelly Tom (Director)	$0	$0	$0
Scheppmann George (Director)	$0	$0	$0
Bush Scott (Director)	$0	$0	$0
Lidgett Liz (Director)	$0	$0	$0
Newland Adam (Director)	$0	$0	$0

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990

Filed on Sept. 13, 2019

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Fiscal Year Ending Oct.
2017

Revenue

$6,900,880

Expenses

$6,683,259

Net Income

$217,621

Net Assets

$3,837,820

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$6,869,051	99.5%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$31,829	0.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$268,785	4.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,548,477	38.1%

Assets/Debt
Total Assets	$7,619,176
Total Liabilities	$3,781,356
Net Assets	$3,837,820

Club or Co-Op Income
Initiation Fees & Contributions	$349,904
Income From Public Use of Club Facilities	$624,470

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Oct.
2016

Revenue

$6,321,522

Expenses

$6,475,542

Net Income

-$154,020

Net Assets

$3,620,199

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$6,308,606	99.8%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$12,916	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$273,618	4.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,589,030	40.0%

Assets/Debt
Total Assets	$8,406,536
Total Liabilities	$4,786,337
Net Assets	$3,620,199

Club or Co-Op Income
Initiation Fees & Contributions	$341,901
Income From Public Use of Club Facilities	$962,935

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Oct.
2015

Revenue

$6,515,587

Expenses

$6,237,341

Net Income

$278,246

Net Assets

$3,774,219

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$6,504,256	99.8%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$11,331	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$270,749	4.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,405,418	38.6%

Assets/Debt
Total Assets	$5,339,042
Total Liabilities	$1,564,823
Net Assets	$3,774,219

Club or Co-Op Income
Initiation Fees & Contributions	$328,942
Income From Public Use of Club Facilities	$1,005,160

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Oct.
2014

Revenue

$6,499,010

Expenses

$6,204,815

Net Income

$294,195

Net Assets

$3,495,973

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$6,499,010	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$266,736	4.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,347,339	37.8%

Assets/Debt
Total Assets	$4,681,712
Total Liabilities	$1,185,739
Net Assets	$3,495,973

Club or Co-Op Income
Initiation Fees & Contributions	$305,514
Income From Public Use of Club Facilities	$1,341,735

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Oct.
2013

Revenue

$6,510,327

Expenses

$6,182,017

Net Income

$328,310

Net Assets

$3,201,778

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$6,510,327	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$253,076	4.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,291,049	37.1%

Assets/Debt
Total Assets	$4,433,905
Total Liabilities	$1,232,127
Net Assets	$3,201,778

Club or Co-Op Income
Initiation Fees & Contributions	$324,777
Income From Public Use of Club Facilities	$1,258,818

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Oct.
2012

Revenue

$5,800,881

Expenses

$5,865,082

Net Income

-$64,201

Net Assets

$2,873,468

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$5,800,881	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$253,050	4.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,178,813	37.1%

Assets/Debt
Total Assets	$4,577,794
Total Liabilities	$1,704,326
Net Assets	$2,873,468

Club or Co-Op Income
Initiation Fees & Contributions	$207,507
Income From Public Use of Club Facilities	$913,655

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Oct.
2011

Revenue

$5,415,895

Expenses

$5,663,259

Net Income

-$247,364

Net Assets

$2,937,669

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$5,415,895	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$248,549	4.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,119,642	37.4%

Assets/Debt
Total Assets	$4,986,258
Total Liabilities	$2,048,589
Net Assets	$2,937,669

Club or Co-Op Income
Initiation Fees & Contributions	$60,031
Income From Public Use of Club Facilities	$668,227

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Wakonda Club

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $6.25M (2023)

Expenses $4.99M (2023)

Total Assets $15.8M (2023)

Total Liabilities $10M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Oct. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Oct. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Oct. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Oct. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Oct. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Oct. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Oct. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Oct. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Oct. 2012

Extracted Financial Data

Revenue

$6.25M (2023)

Expenses

$4.99M (2023)

Total Assets

$15.8M (2023)

Total Liabilities

$10M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Oct.
2020

Fiscal Year Ending Oct.
2019

Fiscal Year Ending Oct.
2018

Fiscal Year Ending Oct.
2017

Fiscal Year Ending Oct.
2016

Fiscal Year Ending Oct.
2015

Fiscal Year Ending Oct.
2014

Fiscal Year Ending Oct.
2013

Fiscal Year Ending Oct.
2012

Fiscal Year Ending Oct.
2011

Fiscal Year Ending Oct.
2010

Fiscal Year Ending Oct.
2009

Fiscal Year Ending Oct.
2008

Fiscal Year Ending Oct.
2007

Fiscal Year Ending Oct.
2006

Fiscal Year Ending Oct.
2005