SECE501(c)(7) · MEDIUMNAICS 713910EIN 26-0178692

Secession Golf Club Inc

Beaufort, SC · founded 2008
12 filings on recordFY 20122023medium confidence
FY23 Total Revenue
$10.67M
▲ 16.7% YoY
FY23 Total Expenses
$8.68M
▲ 7.6% YoY
Operating Margin
18.7%
revenue minus expenses ÷ revenue
Employees
146
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$10.7M
▲ 46.4% / 5y
7.36.59.79.110.7
Expenses
$8.7M
▲ 37.2% / 5y
6.36.47.28.18.7
Total Assets
$24.3M
▲ 30.0% / 5y
18.719.521.322.424.3
Total Liabilities
$8.2M
▼ 1.1% / 5y
8.38.98.28.38.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$7.3M$6.5M$9.7M$9.1M$10.7M+46.4%
Expenses$6.3M$6.4M$7.2M$8.1M$8.7M+37.2%
Net surplus$962K$119K$2.5M$1.1M$2.0M+107.1%
Total assets$18.7M$19.5M$21.3M$22.4M$24.3M+30.0%
Total liabilities$8.3M$8.9M$8.2M$8.3M$8.2M-1.1%
Net assets$10.4M$10.5M$13.1M$14.1M$16.1M+54.7%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
MARK MITCHELL
GOLF COURSE SUPERINTENDANT· 40h/wk
$327,141
DARRIN HELFRICK
General Manager· 40h/wk
$283,761
KORY REITZ
Director of Golf· 40h/wk
$233,158
MARK SOLOW
Board President· 20h/wk
$37,376

+ 8 unpaid officers/directors as reported (ANDREW A LUCKEY, BILL MUCKIAN, BOB LOFTUS, +5 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
QUINN MARINE CONSTRUCTION
BEAUFORT, SC
CONSTRUCTION$878,450
SOUTHERN ROOF AND WOOD CARE CORP
HARDEEVILLE, SC
CONSTRUCTION$334,230
BLUE CROSSBLUE SHIELD OF SC
COLUMBIA, SC
INSURANCE$332,687
TURF DRAINAGE
INDIANTOWN, FL
DRAINAGE$310,328
ENVIRONMENTAL SOLUTIONS
YARMOUTH, ME
ENVIRONMENTAL$233,864

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
DUES$4,809,698
GOLF SHOP, TOURNAMENETS AND CADDY$3,562,605
CLUBHOUSE AND ACCOMODATIONS$869,935

SFounded in 2008, Secession Golf Club Inc reported $10.67M of revenue for FY23, at an operating margin of 18.7%. Revenue moved up 16.7% 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 Fri Jun 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Thu Jun 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Wed Jun 30 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 9 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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