TPER501(c)(7) · MEDIUMNAICS 713910EIN 31-0465970

Terrace Park Country Club

Milford, OH · founded 1949
13 filings on recordFY 20112023medium confidence
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
2.53.43.43.83.8
Expenses
$3.6M
▲ 52.4% / 5y
2.42.72.73.23.6
Total Assets
$7.3M
▲ 103.6% / 5y
3.66.76.77.47.3
Total Liabilities
$5.2M
▲ 56.8% / 5y
3.35.35.35.45.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ 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 · EmployeeReportableOther
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 itemAmount
DUES$3,392,293
GOLF FEES$202,931
GOLF CART RENTAL$202,036
BAG STORAGE$6,400
SWIMMING POOL FEES$1,205

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
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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