LSAK501(c)(7) · MEDIUMNAICS 713910EIN 36-1356630

Lake Shore Country Club

Glencoe, IL · founded 1941
12 filings on recordFY 20122023medium confidence
FY23 Total Revenue
$10.66M
▲ 15.0% YoY
FY23 Total Expenses
$11.35M
▲ 17.3% YoY
Operating Margin
-6.5%
revenue minus expenses ÷ revenue
Employees
176
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$10.7M
▲ 28.3% / 5y
8.310.47.89.310.7
Expenses
$11.4M
▲ 44.6% / 5y
7.97.46.49.711.4
Total Assets
$22.8M
▲ 31.4% / 5y
17.321.524.423.922.8
Total Liabilities
$6.2M
▲ 15.9% / 5y
5.46.27.36.96.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$8.3M$10.4M$7.8M$9.3M$10.7M+28.3%
Expenses$7.9M$7.4M$6.4M$9.7M$11.4M+44.6%
Net surplus$451K$3.0M$1.4M-$414K-$697K-254.4%
Total assets$17.3M$21.5M$24.4M$23.9M$22.8M+31.4%
Total liabilities$5.4M$6.2M$7.3M$6.9M$6.2M+15.9%
Net assets$12.0M$15.4M$17.0M$17.0M$16.6M+38.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
ZACK FIDLER
Head Golf Professional· 50h/wk
$531,877$18,861
JEFF FRENTZ
Golf Course Superintendent· 50h/wk
$295,171$34,163
BRIAN SILVER
General Manager· 50h/wk
$254,695$8,342
MATTHEW SOUTHARD
Executive Chef· 50h/wk
$223,605$16,285
KIMBERLY FISCHER
Controller· 50h/wk
$186,041$11,729
ANGEL LOYOLA
CLUBHOUSE MANAGER· 50h/wk
$104,283

+ 16 unpaid officers/directors as reported (BOB GREENEBAUM, DANIEL KAUFFMAN, DAVID RICHTER, +13 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
ZACH FIDLER
GLENCOE, IL
GOLF PROFESSIONAL$417,285

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$5,983,378
INITIATION/CAPITAL ASSESSMENT$1,649,195
GOLF OPERATIONS$439,379
FOOD AND BEVERAGE DEPARTMENT$393,598
LOCKER DEPARTMENT$166,743

LFounded in 1941, Lake Shore Country Club reported $10.66M of revenue for FY23, at an operating margin of -6.5%. Revenue moved up 15.0% 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 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)
Form 990, FY2021 · period ending Wed Mar 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 9 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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