TPER501(c)(7) · MEDIUMNAICS 713910EIN 31-0465970
Terrace Park Country Club
Milford, OH · founded 1949
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$3.75M
▼ 2.0% YoY
FY23 Total Expenses
$3.64M
▲ 14.4% YoY
Operating Margin
3.1%
revenue minus expenses ÷ revenue
Employees
160
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$3.8M
▲ 49.8% / 5y
Expenses
$3.6M
▲ 52.4% / 5y
Total Assets
$7.3M
▲ 103.6% / 5y
Total Liabilities
$5.2M
▲ 56.8% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $2.5M | $3.4M | $3.4M | $3.8M | $3.8M | +49.8% |
| Expenses | $2.4M | $2.7M | $2.7M | $3.2M | $3.6M | +52.4% |
| Net surplus | $119K | $652K | $652K | $649K | $116K | -2.6% |
| Total assets | $3.6M | $6.7M | $6.7M | $7.4M | $7.3M | +103.6% |
| Total liabilities | $3.3M | $5.3M | $5.3M | $5.4M | $5.2M | +56.8% |
| Net assets | $291K | $1.4M | $1.4M | $2.0M | $2.1M | +632.4% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
NICOLA LONGO General Manager· 40h/wk | $134,269 | $3,569 |
ANGELA WILLIAMSON ACCOUNTANT· 40h/wk | $107,919 | — |
SCOTT LESCHANDER Golf Course Superintendent· 40h/wk | $100,731 | — |
+ 7 unpaid officers/directors as reported (BRYAN KAUFFELD, CINDY SIBCY, JIM BUCK, +4 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 |
|---|---|
| DUES | $3,392,293 |
| GOLF FEES | $202,931 |
| GOLF CART RENTAL | $202,036 |
| BAG STORAGE | $6,400 |
| SWIMMING POOL FEES | $1,205 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$3.9M
▼ $363K paid down
Net land, buildings & equipment
$4.7M
book value, net of depreciation
Facility age
64%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $53,015 |
| Occupancy | $224,539 |
| Depreciation & depletion | $595,911 |
| Information technology | $43,332 |
| Advertising & promotion | $16,390 |
| Office expenses | $62,129 |
| Other professional fees | $35,444 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
TERRACE PARK COUNTRY CLUB RETIREMENT SAVINGS PLAN
pension · 16 participants · $2.1M assets · FY2024
TFounded in 1949, Terrace Park Country Club reported $3.75M of revenue for FY23, at an operating margin of 3.1%. Revenue moved down 2.0% 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
The Quarterly · free
Get Terrace Park Country Club’s next filing — the day it posts.
We read every 990 so you don't have to — new filings, compensation moves, and the figures worth knowing, four times a year.
Quarterly only · no spam
Free · quarterly · unsubscribe in one click
Similar clubs
matched on revenue, geography & business mix
Same revenue band
TRIPTripoli Country Club Inc
Revenue $3.8M — near your $3.8M
$3.8Mcompare →
SVMTStrathmore Vanderbilt Country Club Of Manhasset Inc
Revenue $3.7M — near your $3.8M
$3.7Mcompare →
HSOBHobe Sound Golf Club Inc
Revenue $3.8M — near your $3.8M
$3.8Mcompare →
Same state · OH
SHCHShady Hollow Country Club Company
OH club · $3.8M
$3.8Mcompare →
HMIGHighland Meadows Golf Club
OH club · $3.7M
$3.7Mcompare →
SOTOStone Oak Country Club Inc
OH club · $3.9M
$3.9Mcompare →
Similar revenue mix
NFIANiagara Falls Country Club
100% similar revenue mix
$4.4Mcompare →
NAPLCountry Club Of Naples Inc
100% similar revenue mix
$5.9Mcompare →
SEPSSavannah Golf Club Inc 1661 E President St
100% similar revenue mix
$6.4Mcompare →
Similar payroll intensity
SPRISpringfield Country Club
Payroll intensity 35.2% · near your 35.2%
$2.8Mcompare →
GOLDGoldsboro Country Club Inc
Payroll intensity 35.2% · near your 35.2%
$190Kcompare →
LITCLitchfield Country Club
Payroll intensity 35.1% · near your 35.2%
$431Kcompare →