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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

EVDG501(c)(7) · MEDIUMNAICS 713910EIN 36-1025930

Edgewood Valley Country Club

La Grange, IL · founded 1949

13 filings on recordFY 2012–2024medium confidence

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FY24 Total Revenue

$11.67M

▲ 26.2% YoY

FY24 Total Expenses

$7.67M

▲ 0.5% YoY

Operating Margin

34.3%

revenue minus expenses ÷ revenue

Employees

173

headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed

Revenue

$11.7M

▲ 41.8% / 5y

Expenses

$7.7M

▲ 13.4% / 5y

Total Assets

$24.7M

▲ 151.0% / 5y

Total Liabilities

$14.6M

▲ 72.0% / 5y

Year-on-year detail

from IRS Form 990

Line	FY20	FY21	FY22	FY23	FY24	Δ total
Revenue	$8.2M	$8.2M	$10.5M	$9.3M	$11.7M	+41.8%
Expenses	$6.8M	$6.8M	$7.4M	$7.6M	$7.7M	+13.4%
Net surplus	$1.5M	$1.5M	$3.1M	$1.6M	$4.0M	+172.8%
Total assets	$9.8M	$9.8M	$12.1M	$12.8M	$24.7M	+151.0%
Total liabilities	$8.5M	$8.5M	$7.6M	$6.7M	$14.6M	+72.0%
Net assets	$1.4M	$1.4M	$4.5M	$6.1M	$10.1M	+641.0%

Officer & staff compensation

FY24 · from IRS Form 990

Officer · Employee	Reportable	Other
PAUL GEALLIS GENERAL MANAGER/COO· 40h/wk	$196,750	$16,342
CAROLE WHITE CLUBHOUSE MANAGER· 40h/wk	$183,815	$11,773
BRETT VANDER HEIDE Golf Course Superintendent· 40h/wk	$157,354	$10,447
JOANN BONA Controller· 40h/wk	$142,223	$10,336
MIKE PARISO Head Golf Professional· 40h/wk	$124,238	—
GREG FRASER DIRECTOR OF FOOD & BEVERAGE· 40h/wk	$117,391	$3,776
MINDY SABAN DIR OF COMM & MEMBERSHIP· 40h/wk	$101,527	$8,484

+ 11 unpaid officers/directors as reported (BRIAN HICKEY, BRIAN SPEARS, JAMES RYAN, +8 more)

Top contractors

FY24 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY24 · dues, greens fees, dining, and other sources

Line item	Amount
MEMBERSHIP DUES	$4,041,936
ELEVATE EDGEWOOD ASSES	$3,339,988
ENTRANCE FEES	$1,154,550
CAPITAL ASSESSMENT	$376,500

Balance sheet & capital

FY24 · IRS Form 990, Part X

Mortgages & notes payable

$5.1M

▲ $4.6M new borrowing

Net land, buildings & equipment

$17.7M

book value, net of depreciation

Facility age

55%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY24 · Form 990, Part IX

Insurance	$525,304
Occupancy	$474,767
Depreciation & depletion	$602,217
Information technology	$102,937
Office expenses	$129,701
Legal fees	$59,525
Accounting fees	$27,600
Other professional fees	$3,224

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

Retirement & benefit plans

DOL Form 5500 · plan sponsors

EDGEWOOD VALLEY COUNTRY CLUB 401(K) PROFIT SHARING PLAN AND T

pension · 44 participants · $1.5M assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

EFounded in 1949, Edgewood Valley Country Club reported $11.67M of revenue for FY24, at an operating margin of 34.3%. Revenue moved up 26.2% 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, FY2024 · period ending Sun Mar 31 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2023 · period ending Fri Mar 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2022 · period ending Thu Mar 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

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