| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $5.5M | $6.1M | $6.1M | $5.9M | $7.3M | +34.0% |
| Expenses | $5.5M | $5.3M | $5.3M | $6.5M | $7.5M | +35.8% |
| Net surplus | -$40K | $842K | $842K | -$553K | -$151K | +276.5% |
| Total assets | $9.5M | $11.7M | $11.7M | $10.5M | $11.3M | +19.3% |
| Total liabilities | $2.7M | $3.3M | $3.3M | $2.6M | $3.7M | +33.3% |
| Net assets | $6.7M | $8.4M | $8.4M | $7.8M | $7.7M | +13.7% |
| Officer · Employee | Reportable | Other |
|---|---|---|
STUART O'CONNOR GENERAL MANAGER/COO· 40h/wk | $280,000 | $9,101 |
JOHN EGGLESTON GOLF SUPERINTENDENT· 40h/wk | $173,500 | $24,743 |
FRANK DULLY II Head Golf Professional· 40h/wk | $163,054 | $27,444 |
STEVEN NEFF Assistant General Manager· 40h/wk | $143,524 | $10,326 |
+ 11 unpaid officers/directors as reported (B RIAN CUSACK, CATHERINE MARQUARDT, DENISE KELLY, +8 more)
No contractors reported.
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $3,515,438 |
| SPECIAL ASSESSMENTS | $619,715 |
| OPERATING ASSESSMENT | $468,080 |
| ENTRANCE FEES | $460,250 |
KFounded in 1934, Kernwood Country Club reported $7.32M of revenue for FY23, at an operating margin of -2.1%. Revenue moved up 23.4% against the prior posted return. Every figure on this page is drawn from the club’s Form 990 as filed; a dash marks a value the filing did not report.