WHIT501(c)(7) · MEDIUMNAICS 713910EIN 23-1497839

Whitford Country Club

Exton, PA · founded 1958
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$5.85M
▲ 11.3% YoY
FY23 Total Expenses
$5.69M
▲ 35.6% YoY
Operating Margin
2.7%
revenue minus expenses ÷ revenue
Employees
189
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$5.8M
▲ 48.5% / 5y
3.94.25.35.35.8
Expenses
$5.7M
▲ 38.8% / 5y
4.13.94.54.25.7
Total Assets
$16.2M
▲ 55.6% / 5y
10.410.514.716.216.2
Total Liabilities
$9.4M
▲ 55.8% / 5y
6.05.89.19.59.4

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$3.9M$4.2M$5.3M$5.3M$5.8M+48.5%
Expenses$4.1M$3.9M$4.5M$4.2M$5.7M+38.8%
Net surplus-$164K$284K$845K$1.1M$157K-195.8%
Total assets$10.4M$10.5M$14.7M$16.2M$16.2M+55.6%
Total liabilities$6.0M$5.8M$9.1M$9.5M$9.4M+55.8%
Net assets$4.4M$4.7M$5.6M$6.7M$6.8M+55.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
PATRICK MARSHALEK
General Manager· 40h/wk
$169,319
ERIC JUNKINS
GREENS SUPERINTENDANT· 40h/wk
$167,088
MICHAEL LADDEN
Director of Golf· 40h/wk
$112,985
RUSSELL STONE
Controller· 40h/wk
$108,705

+ 14 unpaid officers/directors as reported (ANDREW ADDY, ANDREW LAROSA, BRET VON URFF, +11 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES & ASSE$4,345,017
GREENS, CARTS, & WALKI$739,624
SPECIAL FUND INCOME$301,936
INITIATION FEES$192,456
BAG STORAGE, LOCKER, &$168,277

WFounded in 1958, Whitford Country Club reported $5.85M of revenue for FY23, at an operating margin of 2.7%. Revenue moved up 11.3% 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)
+ 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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