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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

SWHA501(c)(7) · MEDIUMNAICS 713910EIN 11-3774878

Shadow Wood Country Club Inc

Estero, FL · founded 2010

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$22.67M

▲ 15.6% YoY

FY23 Total Expenses

$26.55M

▲ 12.2% YoY

Operating Margin

-17.1%

revenue minus expenses ÷ revenue

Employees

417

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$22.7M

▲ 53.7% / 5y

Expenses

$26.6M

▲ 51.5% / 5y

Total Assets

$65.2M

▲ 79.7% / 5y

Total Liabilities

$18.9M

▲ 171.7% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$14.8M	$17.7M	$17.7M	$19.6M	$22.7M	+53.7%
Expenses	$17.5M	$19.3M	$19.3M	$23.7M	$26.6M	+51.5%
Net surplus	-$2.8M	-$1.7M	-$1.7M	-$4.1M	-$3.9M	+39.8%
Total assets	$36.3M	$55.1M	$55.1M	$58.6M	$65.2M	+79.7%
Total liabilities	$7.0M	$17.3M	$17.3M	$16.6M	$18.9M	+171.7%
Net assets	$29.3M	$37.8M	$37.8M	$42.0M	$46.3M	+57.8%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
BRIAN BARTOLEC General Manager· 40h/wk	$1,037,248	$36,166
SOREN SPIERS CHIEF FINANCIAL OFFICER (THROUGH 6/23)· 40h/wk	$506,219	$25,533
RICHARD CRISANTI Executive Chef· 40h/wk	$375,129	$26,214
ANDY SCRIVNER Assistant General Manager· 40h/wk	$347,880	$33,358
ERIC RUHA DIRECTOR OF AGRONOMY· 40h/wk	$333,074	$39,937
DANITA OSBORN Membership Director· 40h/wk	$201,994	$21,456
CHARLES WOLF CLUBHOUSE MANAGER· 40h/wk	$145,926	$12,118
MATTHEW SPIERS CHIEF FINANCIAL OFFICER (AS OF 6/23)· 40h/wk	$103,923	$3,333

+ 10 unpaid officers/directors as reported (DAVID VAN VILET, GERALD VOTTA, GREG DEVOU, +7 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
MEMBERSHIP DUES	$14,924,324
GREENS & CART FEES	$3,848,923
LOCKER FEES	$94,023
TENNIS FEES	$40,952

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

—

end of year

Net land, buildings & equipment

$46.7M

book value, net of depreciation

Facility age

29%

accumulated depreciation ÷ cost — higher = older plant

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX

Insurance	$616,092
Depreciation & depletion	$3,160,267

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

Retirement & benefit plans

DOL Form 5500 · plan sponsors

SHADOW WOOD COUNTRY CLUB, INC. 401(K) PLAN

pension · 143 participants · $6.2M assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

Seasonal labor

DOL OFLC · certified H-2B positions

Role	Wage floor (annualized)	Workers	Season
Bartenders Estero, FL	$38K	5	Oct 2025 → May 2026
Waiters and Waitresses Estero, FL	$36K	31	Oct 2025 → May 2026

Positions the club certified through the U.S. Department of Labor’s H-2B program — an independent, government wage floor for rank-and-file roles the Form 990 never itemizes. Decision-maker contact available to members →

SFounded in 2010, Shadow Wood Country Club Inc reported $22.67M of revenue for FY23, at an operating margin of -17.1%. Revenue moved up 15.6% 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.

Source documents

▸ Form 990, FY2023 · period ending Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2022 · period ending Sat Dec 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2021 · period ending Fri Dec 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

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