SOME501(c)(7) · MEDIUMNAICS 713910EIN 27-3423141

Somersett Country Club Inc

Reno, NV · founded 2010
12 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$5.03M
▲ 5.9% YoY
FY23 Total Expenses
$5.11M
▼ 0.2% YoY
Operating Margin
-1.6%
revenue minus expenses ÷ revenue
Employees
55
headcount as reported on filing

The Five-Year Picture

FY2018 — FY2023 · as filed
Revenue
$5.0M
▲ 59.8% / 5y
3.13.24.44.85.0
Expenses
$5.1M
▲ 57.0% / 5y
3.33.33.85.15.1
Total Assets
$5.9M
▲ 28.1% / 5y
4.64.55.86.05.9
Total Liabilities
$1.9M
▲ 85.6% / 5y
1.11.11.62.01.9

Year-on-year detail

from IRS Form 990
LineFY18FY19FY21FY22FY23Δ total
Revenue$3.1M$3.2M$4.4M$4.8M$5.0M+59.8%
Expenses$3.3M$3.3M$3.8M$5.1M$5.1M+57.0%
Net surplus-$109K-$150K$623K-$369K-$81K-25.5%
Total assets$4.6M$4.5M$5.8M$6.0M$5.9M+28.1%
Total liabilities$1.1M$1.1M$1.6M$2.0M$1.9M+85.6%
Net assets$3.5M$3.4M$4.1M$4.0M$3.9M+11.0%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
Stuart Smith
Director-Golf· 0h/wk
$126,598
Robert Dipietro
Director-Maint.· 0h/wk
$125,852
Bryan Richardson
General Manager· 0h/wk
$50,969

+ 9 unpaid officers/directors as reported (Al Rogers, Bob Kunz, Brandon Games, +6 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
GOLF OPERATIONS$3,702,332

SFounded in 2010, Somersett Country Club Inc reported $5.03M of revenue for FY23, at an operating margin of -1.6%. Revenue moved up 5.9% 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)
+ 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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