| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $4.9M | $6.0M | $6.0M | $7.5M | $7.6M | +53.8% |
| Expenses | $4.4M | $5.2M | $5.2M | $5.7M | $6.1M | +38.3% |
| Net surplus | $490K | $854K | $854K | $1.8M | $1.4M | +194.5% |
| Total assets | $8.9M | $10.0M | $10.0M | $13.2M | $17.7M | +97.4% |
| Total liabilities | $7.1M | $6.8M | $6.8M | $8.3M | $11.3M | +58.4% |
| Net assets | $1.8M | $3.2M | $3.2M | $4.9M | $6.4M | +248.7% |
| Officer · Employee | Reportable | Other |
|---|---|---|
WILLIAM R BEISEL JR General Manager· 40h/wk | $254,444 | $18,077 |
ROBERT J IANNACCONE Executive Chef· 40h/wk | $179,795 | $16,631 |
RONALD R PINE Head Golf Professional· 40h/wk | $178,844 | $10,694 |
TIMOTHY E KELLY Golf Course Superintendent· 40h/wk | $166,869 | — |
+ 9 unpaid officers/directors as reported (AMY PETERSEN, ANDREW FREIMUTH, DAVID PIERCE, +6 more)
| Vendor | Service | Paid |
|---|---|---|
DALE B TAYLOR LLC BLUFFTON, SC | TENNIS PRO SHOP | $113,394 |
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES & ASSE | $5,609,963 |
| GREENS, CARTS, & GOLF | $1,211,507 |
| INITIATION FEES | $377,873 |
| SUMMER CAMP FEES | $118,534 |
| POOL | $45,055 |
CFounded in 1942, Cedarbrook Country Club reported $7.59M of revenue for FY23, at an operating margin of 19.0%. Revenue moved up 1.6% 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.