GOLE501(c)(7) · MEDIUMNAICS 713910EIN 36-1135790

Glen Oak Country Club

Glen Ellyn, IL · founded 1942
14 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$8.11M
▼ 0.6% YoY
FY23 Total Expenses
$7.97M
▲ 21.2% YoY
Operating Margin
1.7%
revenue minus expenses ÷ revenue
Employees
263
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$8.1M
▲ 462.8% / 5y
1.49.19.18.28.1
Expenses
$8.0M
▲ 443.3% / 5y
1.55.95.96.68.0
Total Assets
$21.1M
▲ 34.0% / 5y
15.720.920.920.221.1
Total Liabilities
$4.4M
▼ 19.5% / 5y
5.45.95.93.64.4

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$1.4M$9.1M$9.1M$8.2M$8.1M+462.8%
Expenses$1.5M$5.9M$5.9M$6.6M$8.0M+443.3%
Net surplus-$26K$3.2M$3.2M$1.6M$140K-645.0%
Total assets$15.7M$20.9M$20.9M$20.2M$21.1M+34.0%
Total liabilities$5.4M$5.9M$5.9M$3.6M$4.4M-19.5%
Net assets$10.3M$15.0M$15.0M$16.6M$16.7M+62.1%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
JIM CARDAMONE
General Manager· 40h/wk
$270,926$34,356
ANDREW DAUKSAS
GROUNDS SUPER· 40h/wk
$222,412$32,463
DAN MULHEARN
GOLF DIRECTOR· 40h/wk
$150,110$31,451
TREY SCOTT
RAQUET PRO· 40h/wk
$144,694$13,561
JESUS URQUIZA
Executive Chef· 40h/wk
$123,107$9,125
TYLER KAMHOLZ
BARTENDER· 40h/wk
$119,206$28,925
Oliana Karlis
Controller· 40h/wk
$116,231$21,662

+ 12 unpaid officers/directors as reported (Brian E Watterson, David Hoster, David Menzel, +9 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 & ASSESSM$6,050,896
Golf related$966,419
EVENT FEES$238,848
LOCKER FEES$150,513
OTHER$62,990

GFounded in 1942, Glen Oak Country Club reported $8.11M of revenue for FY23, at an operating margin of 1.7%. Revenue moved down 0.6% 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
live feed
The Quarterly · delivered free

Read the filings
before the board does.

Every new 990, every shift in the compensation bands, every notable year-over-year swing — compiled into one briefing each edition, for the people who actually run these clubs.

4,200+
GMs · controllers · board members
4×
a year · never more
Subscribe
Quarterly only · no spam · unsubscribe in one click

“I read it before our finance committee meets.”
— GM, top-50 club

Privacy PolicyDisclaimerMethodology© 2026 Country Club Intel
The Quarterly · free
The filings, the comp, the movers — four times a year.
Quarterly only · no spam · unsubscribe in one click