LZAK501(c)(7) · CONFIRMEDNAICS 713910EIN 36-1358524

Lake Zurich Golf Club

Lake Zurich, IL · founded 1999
13 filings on recordFY 20112023high confidence
FY23 Total Revenue
$302k
▲ 8.9% YoY
FY23 Total Expenses
$319k
▲ 12.8% YoY
Operating Margin
-5.4%
revenue minus expenses ÷ revenue
Employees
1
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$302K
▼ 5.6% / 5y
320246249277302
Expenses
$319K
▲ 22.1% / 5y
261248270282319
Total Assets
$478K
▼ 22.9% / 5y
620597547511478
Total Liabilities
$124K
▼ 43.7% / 5y
220200171140124

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$320K$246K$249K$277K$302K-5.6%
Expenses$261K$248K$270K$282K$319K+22.1%
Net surplus$59K-$3K-$22K-$5K-$16K-127.8%
Total assets$620K$597K$547K$511K$478K-22.9%
Total liabilities$220K$200K$171K$140K$124K-43.7%
Net assets$400K$397K$376K$371K$354K-11.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 12 unpaid officers/directors as reported (David Hall, Geoffrey W Michelin, James Pajakowski, +9 more)

All 12 listed officers reported $0 compensation — volunteer board.

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
Memberships Dues Assessments$301,392

LFounded in 1999, Lake Zurich Golf Club reported $302k of revenue for FY23, at an operating margin of -5.4%. Revenue moved up 8.9% 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 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)
+ 10 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