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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

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

Whitford Country Club

Exton, PA · founded 1958

13 filings on recordFY 2011–2023medium confidence

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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

Expenses

$5.7M

▲ 38.8% / 5y

Total Assets

$16.2M

▲ 55.6% / 5y

Total Liabilities

$9.4M

▲ 55.8% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$3.9M	$5.3M	$5.3M	$5.3M	$5.8M	+48.5%
Expenses	$4.1M	$4.5M	$4.5M	$4.2M	$5.7M	+38.8%
Net surplus	-$164K	$845K	$845K	$1.1M	$157K	-195.8%
Total assets	$10.4M	$14.7M	$14.7M	$16.2M	$16.2M	+55.6%
Total liabilities	$6.0M	$9.1M	$9.1M	$9.5M	$9.4M	+55.8%
Net assets	$4.4M	$5.6M	$5.6M	$6.7M	$6.8M	+55.4%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
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 item	Amount
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

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$9.0M

▼ $114K paid down

Net land, buildings & equipment

$13.1M

book value, net of depreciation

Facility age

61%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

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	$132,579
Occupancy	$371,177
Depreciation & depletion	$1,143,616
Office expenses	$32,985
Legal fees	$2,100
Accounting fees	$18,400
Other professional fees	$46,612

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

WHITFORD COUNTRY CLUB 401K PLAN

pension · 71 participants · $1.6M 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.

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)

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