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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

OPAK501(c)(7) · MEDIUMNAICS 713910EIN 36-1569160

Oak Park Country Club

River Grove, IL · founded 1941

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$12.92M

▲ 51.1% YoY

FY23 Total Expenses

$9.48M

▲ 44.0% YoY

Operating Margin

26.7%

revenue minus expenses ÷ revenue

Employees

272

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$12.9M

▲ 74.6% / 5y

Expenses

$9.5M

▲ 68.9% / 5y

Total Assets

$19.3M

▲ 42.0% / 5y

Total Liabilities

$3.8M

▼ 2.8% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$7.4M	$6.2M	$6.2M	$8.6M	$12.9M	+74.6%
Expenses	$5.6M	$5.4M	$5.4M	$6.6M	$9.5M	+68.9%
Net surplus	$1.8M	$740K	$740K	$2.0M	$3.4M	+92.6%
Total assets	$13.6M	$14.9M	$14.9M	$16.4M	$19.3M	+42.0%
Total liabilities	$3.9M	$4.3M	$4.3M	$3.9M	$3.8M	-2.8%
Net assets	$9.7M	$10.6M	$10.6M	$12.5M	$15.5M	+60.1%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
TOM WALBERG GM/COO· 40h/wk	$292,203	$27,094
CARSON SOLIEN HEAD PRO· 40h/wk	$179,955	$24,413
TAYLOR GRAY Golf Course Superintendent· 40h/wk	$170,888	$13,374
TIM EDSTROM Executive Chef· 40h/wk	$135,873	$23,107
COLIN RONAYNE ASSITANT GM· 40h/wk	$100,992	$10,520

+ 11 unpaid officers/directors as reported (DANIEL COLLINS, DONNA SPAGNOLA, JIM LYNCH, +8 more)

Top contractors

FY23 · vendors paid $100k+ as reported

Vendor	Service	Paid
Trinity H LTD ELBURN, IL	Construction & renovation	$1,709,412
Gensler CHICAGO, IL	DESIGN	$149,806
Straight Forward Advisors OAK BROOK, IL	Professional services	$134,639

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
ADMISSION FEES AND ASSESSMENTS	$4,914,635
MEMBERSHIP DUES	$4,033,205
GOLF OPERATIONS	$819,254
FOOD AND BEVERAGE	$486,946
OTHER SPORTS	$126,083

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$1.9M

▼ $257K paid down

Net land, buildings & equipment

$12.9M

book value, net of depreciation

Facility age

66%

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

FY23 · Form 990, Part IX

Occupancy	$932,059
Depreciation & depletion	$1,298,679
Office expenses	$100,331
Legal fees	$4,500
Accounting fees	$16,850
Other professional fees	$152,358

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

THE OAK PARK COUNTRY CLUB 401(K) PROFIT SHARING PLAN

pension · 79 participants · $2.5M 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.

OFounded in 1941, Oak Park Country Club reported $12.92M of revenue for FY23, at an operating margin of 26.7%. Revenue moved up 51.1% 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)

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