HILL501(c)(7) · MEDIUMNAICS 713910EIN 35-0382370

Hillcrest Country Club Inc

Indianapolis, IN · founded 1935
14 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$4.41M
▲ 0.0% YoY
FY23 Total Expenses
$3.66M
▲ 0.0% YoY
Operating Margin
17.0%
revenue minus expenses ÷ revenue
Employees
134
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2023 · as filed
Revenue
$4.4M
▲ 69.6% / 5y
2.63.44.04.44.4
Expenses
$3.7M
▲ 30.9% / 5y
2.83.23.43.73.7
Total Assets
$3.6M
▲ 77.9% / 5y
2.02.12.83.63.6
Total Liabilities
$2.3M
▲ 10.4% / 5y
2.12.02.02.32.3

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY23Δ total
Revenue$2.6M$3.4M$4.0M$4.4M$4.4M+69.6%
Expenses$2.8M$3.2M$3.4M$3.7M$3.7M+30.9%
Net surplus-$197K$241K$698K$749K$749K-480.4%
Total assets$2.0M$2.1M$2.8M$3.6M$3.6M+77.9%
Total liabilities$2.1M$2.0M$2.0M$2.3M$2.3M+10.4%
Net assets-$79K$165K$863K$1.3M$1.3M-1725.5%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
DAVID BOLYARD
Golf Course Superintendent· 40h/wk
$146,000$641
STEPHEN CASEY
General Manager· 40h/wk
$100,234$6,094

+ 10 unpaid officers/directors as reported (AARON DEGROFF, CHERYL MELANCON, DARYL ROSENTHAL, +7 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$1,703,774
GOLF INCOME$692,964
OTHER SERVICE REVENUE$267,856

HFounded in 1935, Hillcrest Country Club Inc reported $4.41M of revenue for FY23, at an operating margin of 17.0%. Revenue moved up 0.0% 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, FY2023 · period ending Tue Oct 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Oct 31 2022 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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