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Nonprofit · EIN 42-0645901

LAKEVIEW COUNTRY CLUB OF MADISON COUNTY IOWA INC

Tax-exempt · WINTERSET, IA 50273

Financials

$458K$244K2023$556K$316K2024
Revenue Expenses · by fiscal year end
Financials of LAKEVIEW COUNTRY CLUB OF MADISON COUNTY IOWA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$556,379$315,535$240,844$949,770$197,872$751,898
December 31, 2023990$457,770$244,409$213,361$512,004$950$511,054
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$202,507
Program service revenue
$225,120
Investment income
$826
Net income from sales of inventory
$87,228
Other revenue
$127,926

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$110,532
Salaries, compensation and benefits (total)
$122,335
Professional fundraising fees
$0
Occupancy
$30,265
Depreciation
$17,435
Program services (functional)
$298,100

Balance sheet and other

Total assets, start of year
$512,004
Total assets, end of year
$949,770
Total liabilities, end of year
$197,872
Net assets, end of year
$751,898
Land, buildings and equipment
$849,312
Net assets without donor restrictions
$751,898
Gross receipts
$651,786
Employees
16
Volunteers
20
State of legal domicile
IA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
KARA NORTHWAYDirector
Trustee or director
2$0
CHAD FREASEDirector
Trustee or director
2$0
JOHN MCDONALDDirector
Trustee or director
5$0
STEVE NELSONDirector
Trustee or director
2$0
JASON KLEEMEIERTreasurer
Officer
5$0
CHAD NORDSTROMSecretary
Officer
2$0
SCOTT STOVERPresident
Officer
5$0
TREY JACKSONVice President
Officer
2$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
JOEL JACKSONDirector
Trustee or director
0$0
SCOTT STOVERDirector
Trustee or director
0$0
JOHN MCDONALDDirector
Trustee or director
0$0
TREY JACKSONDirector
Trustee or director
0$0
JASON KLEEMEIERTreasurer
Officer
0$0
CHAD NORDSTROMSecretary
Officer
0$0
KARA NORTHWAYVice President
Officer
0$0
JEFF ALCORNPresident
Officer
0$0

Address and contacts

Address (IRS master file)
3724 LAKEVIEW LN, WINTERSET, IA 50273-8021
In care of
% SCOTT BEZDICEK
Principal officer (990 for 2024)
SCOTT STOVER, 3724 LAKEVIEW LN PO BOX 223, WINTERSET, IA 50273
Signed the 990
JASON KLEEMEIER, Treasurer
Phone
(515) 462-9962
Return prepared by
Applegate Tax & Accounting LLC

Mission

THE MISSION OF LAKEVIEW COUNTRY CLUB OF MADISON COUNTY, IOWA IS TO OPERATE AND MAINTAIN A GOLF COURSE AND CLUB HOUSE FOR THE USE OF ITS MEMBERS AND TO ENCOURAGE AND PROMOTE PHYSICAL EXERCISE, RECREATIONAL ACTIVITIES AND SOCIAL RELATIONSHIPS WITHIN THE COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • OPERATE AND MAINTAIN A GOLF COURSE AND CLUB HOUSE FOR THE USE OF ITS MEMBERS AND TO ENCOURAGE AND PROMOTE PHYSICAL EXERCISE, RECREATIONAL ACTIVITIES AND SOCIAL RELATIONSHIPS WITHIN THE COMMUNITY.
    Expenses $315,535 · revenue $353,872

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-0645901
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$949,770
Income (IRS master file)
$651,786

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$556,379$315,535$949,770IRS
990December 2023$457,770$244,409$512,004XML
990December 2022$353,256$242,773$298,722IRS

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 42-0645901).

Questions about LAKEVIEW COUNTRY CLUB OF MADISON COUNTY IOWA INC

What is the EIN of LAKEVIEW COUNTRY CLUB OF MADISON COUNTY IOWA INC?
The employer identification number (EIN) of LAKEVIEW COUNTRY CLUB OF MADISON COUNTY IOWA INC is 42-0645901.
Is LAKEVIEW COUNTRY CLUB OF MADISON COUNTY IOWA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2022.
Are donations to LAKEVIEW COUNTRY CLUB OF MADISON COUNTY IOWA INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LAKEVIEW COUNTRY CLUB OF MADISON COUNTY IOWA 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 LAKEVIEW COUNTRY CLUB OF MADISON COUNTY IOWA INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LAKEVIEW COUNTRY CLUB OF MADISON COUNTY IOWA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LAKEVIEW COUNTRY CLUB OF MADISON COUNTY IOWA INC?
The 990 for the year ended December 31, 2024 names SCOTT STOVER.
Who are the officers and directors of LAKEVIEW COUNTRY CLUB OF MADISON COUNTY IOWA INC?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does LAKEVIEW COUNTRY CLUB OF MADISON COUNTY IOWA INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $556,379, expenses of $315,535 and total assets of $949,770 at year end.

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