SOTO501(c)(7) · MEDIUMNAICS 713910EIN 31-1569053

Stone Oak Country Club Inc

Holland, OH · founded 2002
14 filings on recordFY 20102023medium confidence
FY23 Total Revenue
$3.93M
▲ 2.3% YoY
FY23 Total Expenses
$3.85M
▼ 2.2% YoY
Operating Margin
2.0%
revenue minus expenses ÷ revenue
Employees
211
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$3.9M
▼ 16.2% / 5y
4.75.03.73.83.9
Expenses
$3.8M
▼ 17.5% / 5y
4.74.43.23.93.8
Total Assets
$6.3M
▲ 6.5% / 5y
5.96.36.56.76.3
Total Liabilities
$3.2M
▼ 15.8% / 5y
3.83.73.33.73.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$4.7M$5.0M$3.7M$3.8M$3.9M-16.2%
Expenses$4.7M$4.4M$3.2M$3.9M$3.8M-17.5%
Net surplus$21K$632K$475K-$97K$79K+276.5%
Total assets$5.9M$6.3M$6.5M$6.7M$6.3M+6.5%
Total liabilities$3.8M$3.7M$3.3M$3.7M$3.2M-15.8%
Net assets$2.1M$2.6M$3.1M$3.0M$3.1M+47.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
KEITH OLANDER
General Manager· 40h/wk
$212,731$11,030
ROBERT RADACHI
Director of Grounds· 40h/wk
$104,512$2,520

+ 9 unpaid officers/directors as reported (DOUG STANTON, JAMIE HAPP, JENNIFER KEARNS, +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
MEMBERSHIP DUES$2,351,401
GOLF SERVICES$693,730
LAWN AND LANDSCAPE$497,192
OPERATING AND CAPITAL ASSESSMENTS$350,369
INITIATION FEES$58,033

SFounded in 2002, Stone Oak Country Club Inc reported $3.93M of revenue for FY23, at an operating margin of 2.0%. Revenue moved up 2.3% 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)
+ 11 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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