TOLE501(c)(7) · MEDIUMNAICS 713910EIN 34-4421762

Toledo Country Club

Toledo, OH · founded 1950
12 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$2.94M
▼ 5.9% YoY
FY23 Total Expenses
$2.96M
▲ 10.3% YoY
Operating Margin
-0.6%
revenue minus expenses ÷ revenue
Employees
170
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$2.9M
▲ 84.2% / 5y
1.61.83.13.12.9
Expenses
$3.0M
▲ 36.6% / 5y
2.22.02.72.73.0
Total Assets
$3.2M
▲ 82.2% / 5y
1.81.93.03.03.2
Total Liabilities
$3.9M
▲ 31.6% / 5y
3.03.33.73.73.9

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$1.6M$1.8M$3.1M$3.1M$2.9M+84.2%
Expenses$2.2M$2.0M$2.7M$2.7M$3.0M+36.6%
Net surplus-$569K-$164K$442K$442K-$19K-96.7%
Total assets$1.8M$1.9M$3.0M$3.0M$3.2M+82.2%
Total liabilities$3.0M$3.3M$3.7M$3.7M$3.9M+31.6%
Net assets-$1.2M-$1.4M-$706K-$706K-$731K-40.8%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
JUSTIN POLLOCK
Head Golf Professional· 40h/wk
$142,308
PAT GIBBONS
CLUB HOUSE GENERAL MANAGER· 40h/wk
$123,098
TIM GLORIOSO
SUPERINTENDENT OF GREENS· 40h/wk
$103,242$1,680

+ 11 unpaid officers/directors as reported (CHRIS JOSEPH, JOE UNICE, JOE WEISENBERGER, +8 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
CART RENTAL$293,378
GOLF COURSE FEES$166,159
EVENT REVENUE$47,329
DOCK$21,785

TFounded in 1950, Toledo Country Club reported $2.94M of revenue for FY23, at an operating margin of -0.6%. Revenue moved down 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 Tue Feb 28 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Feb 28 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Sun Feb 28 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 9 more · via ProPublica
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