Nonprofit · EIN 41-0392470
MANKATO GOLF CLUB INC
Tax-exempt · MANKATO, MN 56001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990 | $3,440,683 | $3,184,124 | $256,559 | $4,871,597 | $491,896 | $4,379,701 |
| October 31, 2024 | 990 | $3,309,219 | $3,038,985 | $270,234 | $4,658,804 | $527,162 | $4,131,642 |
| October 31, 2023 | 990 | $3,027,033 | $2,895,772 | $131,261 | $4,306,992 | $442,684 | $3,864,308 |
Financial details: 990 for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $79
- Program service revenue
- $2,076,018
- Investment income
- $64,870
- Net gain from sales of assets
- $12,600
- Net income from sales of inventory
- $1,299,716
- Other revenue
- $1,299,716
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $297,472
- Other salaries and wages
- $1,472,187
- Salaries, compensation and benefits (total)
- $2,003,366
- Professional fundraising fees
- $0
- Accounting fees
- $42,368
- Occupancy
- $220,150
- Depreciation
- $312,661
Balance sheet and other
- Total assets, start of year
- $4,658,804
- Total assets, end of year
- $4,871,597
- Total liabilities, end of year
- $491,896
- Net assets, end of year
- $4,379,701
- Land, buildings and equipment
- $2,789,224
- Net assets without donor restrictions
- $4,379,701
- Gross unrelated business income
- $438,132
- Gross receipts
- $4,117,114
- Employees
- 128
- Volunteers
- 9
- Year formed
- 1951
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVE TORBENSON | General Manager Officer | 40 | $162,727 | $10,036 |
| CALLI RODE | Secretary Officer | 40 | $61,981 | $18,040 |
| BOB WALDRON | President Trustee or director, Officer | 1 | $0 | $0 |
| BRIAN CORBETT | Vice President Trustee or director, Officer | 1 | $0 | $0 |
| SANDI JESSEN | Director Trustee or director | 1 | $0 | $0 |
| PETER ROTH | Director Trustee or director | 1 | $0 | $0 |
| DAN KVASNICKA | Director Trustee or director | 1 | $0 | $0 |
| STEVE OLSON | Director Trustee or director | 1 | $0 | $0 |
| MATT NEWMAN | Director Trustee or director | 1 | $0 | $0 |
| TROY BARNES | Director Trustee or director | 1 | $0 | $0 |
| DAVE BRUGGEMAN | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended October 31, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVE TORBENSON | General Manager Officer | 40 | $141,422 | $7,461 |
| CALLI RODE | Secretary Officer | 40 | $56,982 | $15,689 |
| BOB WALDRON | Vice President Trustee or director, Officer | 1 | $0 | $0 |
| PETER ROTH | Director Trustee or director | 1 | $0 | $0 |
| SANDI JESSEN | Director Trustee or director | 1 | $0 | $0 |
| MARK MONSON | President Trustee or director, Officer | 1 | $0 | $0 |
| BRIAN CORBETT | Director Trustee or director | 1 | $0 | $0 |
| STEVE OLSON | Director Trustee or director | 1 | $0 | $0 |
| DAN GERDES | Director Trustee or director | 1 | $0 | $0 |
| TROY BARNES | Director Trustee or director | 1 | $0 | $0 |
| DAVE BRUGGEMAN | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended October 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVE TORBENSON | General Manager Officer | 40 | $136,478 | $9,792 |
| CALLI RODE | Secretary Officer | 40 | $54,375 | $14,637 |
| BOB WALDRON | Director Trustee or director | 1 | $0 | $0 |
| BEN KAUS | President Trustee or director, Officer | 1 | $0 | $0 |
| MARK MONSON | Vice President Trustee or director, Officer | 1 | $0 | $0 |
| BRIAN CORBETT | Director Trustee or director | 1 | $0 | $0 |
| NATE OLSEN | Director Trustee or director | 1 | $0 | $0 |
| STEVE OLSON | Director Trustee or director | 1 | $0 | $0 |
| DAN GERDES | Director Trustee or director | 1 | $0 | $0 |
| TROY BARNES | Director Trustee or director | 1 | $0 | $0 |
| DAVE BRUGGEMAN | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 100 AUGUSTA DR, MANKATO, MN 56001-7707
- Principal officer (990 for 2024)
- DAVE TORBENSON, PO BOX 3122, MANKATO, MN 560023122
- Signed the 990
- DAVE TORBENSON, General Manager
- Phone
- (507) 387-5676
- Website
- www.mankatogolfclub.com
- Return prepared by
- James C Buseth PA
Mission
To operate a quality golf/social club for the enjoyment and recreation of members and guests.
Program accomplishments
- THE CLUB OPERATES AN 18 HOLE GOLF COURSE WITH A CLUBHOUSE EQUIPPED FOR FINE DINING AND RECREATION. IT ALSO OPERATES A GOLF SHOP WHICH SELLS GOLF EQUIPMENT AND APPAREL, RENTS GOLF CARS, PROVIDES STORAGE OF GOLF EQUIPMENT AND OTHER SERVICES FOR MEMBERS. THE CLUB HAD 546 MEMBERS FOR THE FISCAL YEAR ENDED OCTOBER 31, 2025.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | October 31, 2026 | March 15, 2027 | Not due yet |
| 2024 | October 31, 2025 | March 16, 2026 | 990 on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990 on file |
IRS record
- EIN
- 41-0392470
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $4,871,597
- Income (IRS master file)
- $4,117,114
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | October 2025 | $3,440,683 | $3,184,124 | $4,871,597 | XML |
| 990 | October 2024 | $3,309,219 | $3,038,985 | $4,658,804 | XML |
| 990 | October 2023 | $3,027,033 | $2,895,772 | $4,306,992 | XML |
| 990 | October 2022 | $2,849,134 | $2,688,653 | $4,177,340 | IRS |
| 990 | October 2021 | – | – | – | IRS |
| 990 | October 2020 | – | – | – | IRS |
| 990 | October 2019 | – | – | – | IRS |
| 990 | October 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-0392470).
Questions about MANKATO GOLF CLUB INC
- What is the EIN of MANKATO GOLF CLUB INC?
- The employer identification number (EIN) of MANKATO GOLF CLUB INC is 41-0392470.
- Is MANKATO GOLF CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7).
- Are donations to MANKATO GOLF CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MANKATO GOLF CLUB INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MANKATO GOLF CLUB INC due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MANKATO GOLF CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended October 2025.
- Who is the principal officer of MANKATO GOLF CLUB INC?
- The 990 for the year ended October 31, 2025 names DAVE TORBENSON.
- Who are the officers and directors of MANKATO GOLF CLUB INC?
- The 990 for the year ended October 31, 2025 lists 11 people; 2 received compensation from the organization, the highest $162,727 (DAVE TORBENSON, General Manager).
- How much revenue does MANKATO GOLF CLUB INC have?
- On its 990 for the year ended October 31, 2025 it reported revenue of $3,440,683, expenses of $3,184,124 and total assets of $4,871,597 at year end.
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