MERI501(c)(7) · MEDIUMNAICS 713910EIN 23-0868348

Merion Golf Club

Ardmore, PA · founded 1945
13 filings on recordFY 20122024medium confidence
FY24 Total Revenue
$16.99M
▲ 10.5% YoY
FY24 Total Expenses
$13.82M
▲ 4.9% YoY
Operating Margin
18.6%
revenue minus expenses ÷ revenue
Employees
285
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed
Revenue
$17.0M
▲ 49.4% / 5y
11.411.414.315.417.0
Expenses
$13.8M
▲ 24.9% / 5y
11.111.112.213.213.8
Total Assets
$56.4M
▲ 28.1% / 5y
44.144.147.351.256.4
Total Liabilities
$17.7M
▲ 32.4% / 5y
13.313.314.216.017.7

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$11.4M$11.4M$14.3M$15.4M$17.0M+49.4%
Expenses$11.1M$11.1M$12.2M$13.2M$13.8M+24.9%
Net surplus$309K$309K$2.1M$2.2M$3.2M+924.3%
Total assets$44.1M$44.1M$47.3M$51.2M$56.4M+28.1%
Total liabilities$13.3M$13.3M$14.2M$16.0M$17.7M+32.4%
Net assets$30.7M$30.7M$33.1M$35.2M$38.8M+26.3%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther
PAUL LATSHAW
DIRECTOR OF GOLF COURSE OP· 40h/wk
$470,824
PAULA KELLY
General Manager· 40h/wk
$439,592
SCOTT NYE
Director of Golf· 40h/wk
$350,085
JON CICHON
Executive Chef· 40h/wk
$227,492
THOMAS BENDER
DIRECTOR OF FINANCIAL OPER· 40h/wk
$201,130
AMANDA DAY
Assistant General Manager· 40h/wk
$199,001

+ 14 unpaid officers/directors as reported (ANDREW D SIDEROWF MD, CHRISTOPHER H RAY, CHRISTOPHER L BRUNER, +11 more)

Top contractors

FY24 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY24 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES AND AS$10,690,855
GREENS AND CART FEES$3,344,328
INITIATION FEES$1,877,000
GOLF FEES$395,580
LOCKER FEES, BAG STORA$97,680

MFounded in 1945, Merion Golf Club reported $16.99M of revenue for FY24, at an operating margin of 18.6%. Revenue moved up 10.5% 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, FY2024 · period ending Thu Feb 29 2024 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2023 · period ending Tue Feb 28 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Feb 28 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 more · via ProPublica
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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